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1535 Middlesex Street, Lowell MA 01851

$1,399,900

Estimated $2,982/month Calculator

Multi Family

Total Units: 3

Price Per Unit: $466,633.33

Total Rent: 48000/year

Estimated CAP Rate:

4 Bedrooms

Baths

3149

Total Parking: 14

7,009 (0.16)

Great opportunity knock on this amazing, highly visible real estate property located in one of the desirable Highlands area. Perhaps you could establish Store front/Office/Retail business or may be reverted back to residential. This dwelling has good exposure to incoming and outgoing motor vehicle/foot traffic with excellent traffic count. This nice property is next door to other retail businesses and offices on the street. This beautiful three family building use MDL-94 consist of as follows: First floor, currently occupied by seller family have been operating retail business for many years, Second floor occupied by tenant has a leased due to expired in 11/30/26 and Third floor tenant leased due to expired in 07/30/27. First floor has AC condenser installed in 2024. Second floor has FUJISU-Airstage mini split heat & cool installed in 2024. Third floor run on electric and has GEE-Inverter mini split heat & cool installed in 2026. Finished walk-out basement was nicely done about 2 years ago. Property to be conveyed with Second and Third floor tenants. First floor unit will be vacant on or before closing date.

This home has been viewed 2 times

Last Checked: September 23rd, 2026 at 4:38am (Source: MLS PIN #73576081)

Gross Income: $48,000

Gross Expenses: $8,548

Net Income Calc: $39,452

Annual Expenses for 1535 Middlesex Street, Lowell MA 01851

Total Gross Expenses (Calculated)$8,548/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax8548.98

Annual Income & Unit Breakdown for 1535 Middlesex Street, Lowell MA 01851

Total Gross Income (Calculated)$48,000

Unit 1

Rental Income$0

LeaseN

Bedrooms0

Bathrooms2 Half

Floor1

Levels in Unit1

Rent Includes

Unit 2

Rental Income$0

LeaseY

Bedrooms2

Bathrooms1 Full

Floor2

Levels in Unit1

Rent Includes

Unit 3

Rental Income$0

LeaseY

Bedrooms2

Bathrooms1 Full

Floor3

Levels in Unit2

Rent Includes

General Information for 1535 Middlesex Street, Lowell MA 01851

Listing ID73576081

Property TypeMulti Family / 3 Family

Price1399900 ($444.55/SqFt)

Style3 Family

CityLowell

CountyMiddlesex

MLS AreaHighlands

Neighborhood(s)

Approximate Living Area Total3149

Approximate Lot Size (Acres)0.16

Total Parking14

Garage Parking0

Year Built1890

Year Built SourcePublic Records

Year Built DetailsActual

WaterPublic

SewerPublic Sewer

Electric

Hot Water

Roof MaterialAsphalt/fiberglass Shingles

BasementFull

Construction MaterialsFrame

Lot FeaturesGentle Sloping

Foundation Description

Accessible Features

Outdoor SpaceCovered

ZoningB2001

Water Views

Water Views Features

Waterfront0

Waterfront Features

Terms

Disclosures for 1535 Middlesex Street, Lowell MA 01851

Lead PaintNone

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

ExclusionsWasher

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 1535 Middlesex Street, Lowell MA 01851

Real Estate Taxes8548.98

Tax Year2026

Assessed Value$547,100

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 1535 Middlesex Street, Lowell MA 01851

Neighborhood(s)

MLS AreaHighlands

Area Amenities

Contact Information for 1535 Middlesex Street, Lowell MA 01851

Agent

Name: Borath L. Men

Office

Name: Homeplace Realty, Inc.

Phone: 978-454-7700

Team Members

Payment Calculator

, Interest

Property Taxes 712.42

Principal & Interest 8625.74

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Homeplace Realty, Inc.

Borath L. Men

Agent Phone

Office Phone

(978) 454-7700

Text Agent Call Agent Call Office

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EXIT

39 More Photos

Active

1535 Middlesex Street, Lowell MA 01851

$1,399,900

Annual Expenses for 1535 Middlesex Street, Lowell MA 01851

Annual Income & Unit Breakdown for 1535 Middlesex Street, Lowell MA 01851

General Information for 1535 Middlesex Street, Lowell MA 01851

Disclosures for 1535 Middlesex Street, Lowell MA 01851

Financial Information for 1535 Middlesex Street, Lowell MA 01851

Location Information for 1535 Middlesex Street, Lowell MA 01851

Contact Information for 1535 Middlesex Street, Lowell MA 01851

Agent

Office

Team Members

Payment Calculator

Exclusive Listing Agent

Homeplace Realty, Inc.

Borath L. Men