RARE OPPORTUNITY to own a well-maintained four-family ideal for both owner-occupants and investors! Live in the vacant two-bedroom unit while collecting rental income, or lease it at market rent to maximize your investment. The property features two 2-bedroom units and two 1-bedroom units, with three units currently occupied and one unit delivered vacant at closing.Thoughtfully maintained with updated interiors, this property is move-in ready and offers excellent long-term potential. Each unit has separate gas and electric utilities, its own gas boiler, and its own water heater (all recently replaced), helping reduce owner expenses and simplify management.Conveniently located near downtown Lowell, major highways, shopping, restaurants, public transportation, and local universities, this is an outstanding opportunity to own a rarely available four-family with separate utilities, immediate income, and excellent owner-occupancy or investment potential. Schedule your private showing today!
This home has been viewed 3 times
Last Checked: August 5th, 2026 at 7:18pm (Source: MLS PIN #73559249)
Gross Income: $77,400
Gross Expenses: $3,500
Net Income Calc: $73,900
Water Views
Annual Expenses for 106-108 Grand St, Lowell MA 01851
Total Gross Expenses (Calculated)$3,500/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax3500
Annual Income & Unit Breakdown for 106-108 Grand St, Lowell MA 01851
Total Gross Income (Calculated)$77,400
Unit 1
Rental Income$0
LeaseN
Bedrooms2
Bathrooms2 Full
Floor1
Levels in Unit1
Rent IncludesHeat
Unit 2
Rental Income$0
LeaseN
Bedrooms2
Bathrooms2 Full
Floor2
Levels in Unit1
Rent IncludesHeat
Unit 3
Rental Income$0
Lease
Bedrooms1
Bathrooms1 Full
Floor2
Levels in Unit1
Rent IncludesHeat
Unit 4
Rental Income$0
Lease
Bedrooms1
Bathrooms1 Full
Floor1
Levels in Unit1
Rent IncludesHeat
General Information for 106-108 Grand St, Lowell MA 01851
Listing ID73559249
Property TypeMulti Family / 4 Family
Price799900 ($326.76/SqFt)
Style4 Family
CityLowell
CountyMiddlesex
Neighborhood(s)
Approximate Living Area Total2448
Approximate Lot Size (Acres)0.05
Total Parking0
Garage Parking0
Year Built1900
Year Built SourcePublic Records
Year Built DetailsApproximate
WaterPublic
SewerPublic Sewer
Electric220 Volts
Hot Water
Roof MaterialAsphalt/fiberglass Shingles
BasementFull
Construction MaterialsFrame
Lot FeaturesGentle Sloping
Foundation Description
Accessible Features
Outdoor SpaceCovered
ZoningTTF
Water ViewsNo
Water Views Features
Waterfront0
Waterfront Features
Terms
Disclosures for 106-108 Grand St, Lowell MA 01851
Lead PaintNone
UFFI
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourcePublic Records
ExclusionsPersonal Property
Financial Data SourceEstimated
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 106-108 Grand St, Lowell MA 01851
Real Estate Taxes3500
Tax Year2025
Assessed Value$532,600
Financial Data SourceEstimated
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 106-108 Grand St, Lowell MA 01851
High SchoolLowell High School
Neighborhood(s)
Area AmenitiesWalk/jog Trails
Contact Information for 106-108 Grand St, Lowell MA 01851