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38 Third Ave, Lowell MA 01854

$849,000

Estimated $2,062/month Calculator

Multi Family

Total Units: 2

Price Per Unit: $424,500

Total Rent: 76800/year

Estimated CAP Rate:

6 Bedrooms

Baths

2790

Total Parking: 4

3,920 (0.09)

One owner. Over 25 years. Meticulously maintained and now available for the first time delivered completely vacant so you set the rents, pick the tenants, and start building wealth from day one.This stunning 2-unit features 6 bedrooms, 2 full baths, and 2,790 sqft of beautifully updated living space. The renovated kitchen showcases quartz countertops, white shaker cabinets, stainless steel appliances, subway tile backsplash, and marble-look porcelain floors. Pristine curb appeal, private off-street parking, and a manicured lot complete the package.Minutes to Routes 3, 495, and 93. Close to Downtown Lowell, UMass Lowell, the MBTA, shops, and dining. This location rents itself.Investor. House hacker. Owner occupant. This one checks every box. Properties this clean, this well located, and delivered vacant do not last.

This home has been viewed 8 times

Last Checked: July 31st, 2026 at 5:23am (Source: MLS PIN #73548903)

Gross Income: $76,800

Gross Expenses: $8,219

Net Income Calc: $68,581

Water Views

Annual Expenses for 38 Third Ave, Lowell MA 01854

Total Gross Expenses (Calculated)$8,219/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax8219

Annual Income & Unit Breakdown for 38 Third Ave, Lowell MA 01854

Total Gross Income (Calculated)$76,800

Unit 1

Rental Income$0

LeaseN

Bedrooms3

Bathrooms1 Full

Floor1

Levels in Unit1

Rent Includes

Unit 2

Rental Income$0

LeaseN

Bedrooms3

Bathrooms1 Full

Floor2

Levels in Unit1

Rent Includes

General Information for 38 Third Ave, Lowell MA 01854

Listing ID73548903

Property TypeMulti Family / 2 Family

Price849000 ($304.3/SqFt)

Style2 Family - 2 Units Up/down

CityLowell

CountyMiddlesex

Neighborhood(s)

Approximate Living Area Total2790

Approximate Lot Size (Acres)0.09

Total Parking4

Garage Parking0

Year Built1900

Year Built SourcePublic Records

Year Built DetailsActual

WaterPublic

SewerPublic Sewer

Electric220 Volts

Hot Water

Roof MaterialAsphalt/fiberglass Shingles

Basement

Construction MaterialsFrame

Lot Features

Foundation Description

Accessible Features

Outdoor SpaceCovered

ZoningRes

Water ViewsNo

Water Views Features

Waterfront0

Waterfront Features

Terms

Disclosures for 38 Third Ave, Lowell MA 01854

Lead PaintNone

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

ExclusionsPersonal Property

Financial Data Source

Total Gross Expenses By Broker

Total Gross Income By Broker

Total Net Income By Broker

Short Sale / Forclosure (Bank Owned)

Compensation Based On

Financial Information for 38 Third Ave, Lowell MA 01854

Real Estate Taxes8219

Tax Year2025

Assessed Value$715,900

Financial Data Source

Total Gross Expenses By Broker

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker

BostonRealEstate.com Gross Income

Total Net Income By Broker

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

Location Information for 38 Third Ave, Lowell MA 01854

Elementary SchoolMcavinnue

Middle SchoolStoklosa

High SchoolLowell High School

Neighborhood(s)

Area AmenitiesWalk/jog Trails

Contact Information for 38 Third Ave, Lowell MA 01854

Agent

Name: Jaquaine Coe

Office

Name: The LGCY Group LLC

Phone: 508-989-6943

Payment Calculator

, Interest

Property Taxes 684.92

Principal & Interest 5231.27

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

The LGCY Group LLC

Jaquaine Coe

Agent Phone

Office Phone

(508) 989-6943

Text Agent Call Agent Call Office

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    [description] => One owner. Over 25 years. Meticulously maintained and now available for the first time delivered completely vacant so you set the rents, pick the tenants, and start building wealth from day one.This stunning 2-unit features 6 bedrooms, 2 full baths, and 2,790 sqft of beautifully updated living space. The renovated kitchen showcases quartz countertops, white shaker cabinets, stainless steel appliances, subway tile backsplash, and marble-look porcelain floors. Pristine curb appeal, private off-street parking, and a manicured lot complete the package.Minutes to Routes 3, 495, and 93. Close to Downtown Lowell, UMass Lowell, the MBTA, shops, and dining. This location rents itself.Investor. House hacker. Owner occupant. This one checks every box. Properties this clean, this well located, and delivered vacant do not last.
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    [unparsed] => 38 Third Ave, Lowell MA 01854
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EXIT

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