CENTERVILLE: Townhouse style, multi-family residence located at 1-3 Harrison Place, Lowell, MA. Ideal for owner occupied with a great rental history.Property offers a unique opportunity for investors because on all major items have just been replaced: (2) Furances, (2) Hot Water Tanks freshly painted. The property encompasses 7 bedrooms, 2 baths. Unit #1 (LEFT) Brand New Kitchen, Quartz Countertops, New SS Appliances, New Flooring, Doors, Toilet,Vanity, Light Fixtures, 3BRs, 1 Bath freshly painted. Plenty of storage in the basement. Unit #3 offers a 4 Bedroom 1 bath with a BR on the main floor. This multi-family property has not been offered for sale since 2009, with great rental history. Great options for owner occupied or rental with expected monthly rent of $4,600 -$5,000/month Estimated $50,000.00 - $60,000.00 Annual Rental Income expected for 2026/27. Based on past tenants and previous lease contracts.
This home has been viewed 8 times
Last Checked: September 19th, 2026 at 6:23am (Source: MLS PIN #73569034)
Gross Income: $58,200
Gross Expenses: $3,215
Net Income Calc: $54,985
Water Views
Annual Expenses for 1-3 Harrison Pl, Lowell MA 01850
Total Gross Expenses (Calculated)$3,215/year
APOD AvailableYes
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax2615.51
Annual Income & Unit Breakdown for 1-3 Harrison Pl, Lowell MA 01850
Total Gross Income (Calculated)$58,200
Unit 1
Rental Income$0
LeaseN
Bedrooms3
Bathrooms3 Full
Floor1
Levels in Unit3
Rent IncludesHeat
Unit 2
Rental Income$0
LeaseN
Bedrooms4
Bathrooms4 Full
Floor2
Levels in Unit3
Rent IncludesHeat
General Information for 1-3 Harrison Pl, Lowell MA 01850
Listing ID73569034
Property TypeMulti Family / 2 Family
Price634500 ($329.61/SqFt)
Style2 Family - 2 Units Side By Side
CityLowell
CountyMiddlesex
MLS AreaCentralville
Neighborhood(s)
Approximate Living Area Total1925
Approximate Lot Size (Acres)0.05
Total Parking2
Garage Parking0
Year Built1910
Year Built SourceOwner
Year Built DetailsApproximate
WaterPublic,individual Meter
SewerPublic Sewer
Electric220 Volts
Hot Water
Roof MaterialAsphalt/fiberglass Shingles
BasementFull
Construction MaterialsFrame
Lot FeaturesGentle Sloping
Foundation Area770
Foundation Description
Accessible Features
Outdoor Space
ZoningResidentia
Water ViewsNo
Water Views Features
Waterfront0
Waterfront Features
Terms
Disclosures for 1-3 Harrison Pl, Lowell MA 01850
Lead PaintNone
UFFINo
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourcePublic Records
ExclusionsWasher
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 1-3 Harrison Pl, Lowell MA 01850
Real Estate Taxes2615.51
Tax Year2026
Assessed Value$506,000
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 1-3 Harrison Pl, Lowell MA 01850
Elementary SchoolGreenhalge Elementary
Middle SchoolHenry J. Robertson School
High SchoolLowell High School
Neighborhood(s)
MLS AreaCentralville
Area AmenitiesWalk/jog Trails
Contact Information for 1-3 Harrison Pl, Lowell MA 01850