Fantastic opportunity for the savvy investor! This 9-unit investment property consists of two buildings situated on one lot: a two unit building plus a larger building containing seven additional units. An excellent opportunity for a 1031 exchange or for an investor looking to add a substantial income producing property to their portfolio. Current rents support approximately an 8.5% cap rate.The property consists of five 2-bedroom units, two 1-bedroom units, one 4-bedroom unit, and one commercial space, currently occupied by a hair salon. The property benefits from a strong history of long term tenancy, with some tenants having occupied their units for as long as 25 years. Additional improvements include updated furnaces and water heaters. The seller has Letters of Lead Compliance and has also had the locks keyed so that one key provides access throughout the property, simplifying management. An added bonus is a large workshop/office space designated exclusively for owner access, providing valuable space for property management, storage, maintenance supplies, or a private workspace. A massive parking lot with approximately 15 parking spaces provides ample off-street parking for tenants and the commercial space. A rare opportunity to acquire a sizable, established rental property with strong income potential. Call today to schedule your private showing!
This home has been viewed 8 times
Last Checked: September 21st, 2026 at 7:18am (Source: MLS PIN #73577771)
Gross Income: $89,400
Gross Expenses: $25,660
Net Income Calc: $63,740
Annual Expenses for 3-13 Agawam St., Lowell MA 01852
Total Gross Expenses (Calculated)$25,660/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax11640
Annual Income & Unit Breakdown for 3-13 Agawam St., Lowell MA 01852
Total Gross Income (Calculated)$89,400
Unit 1
Rental Income$0
LeaseN
Bedrooms2
Bathrooms1 Full
Floor1
Levels in Unit1
Rent IncludesHeat
Unit 2
Rental Income$0
LeaseN
Bedrooms2
Bathrooms1 Full
Floor2
Levels in Unit1
Rent IncludesHeat
Unit 3
Rental Income$0
LeaseN
Bedrooms2
Bathrooms1 Full
Floor2
Levels in Unit1
Rent IncludesHeat
Unit 4
Rental Income$0
LeaseN
Bedrooms2
Bathrooms1 Full
Floor3
Levels in Unit1
Rent IncludesHeat
General Information for 3-13 Agawam St., Lowell MA 01852
Listing ID73577771
Property TypeMulti Family / 5+ Family
Price2199999 ($290.81/SqFt)
Style5-9 Family
CityLowell
CountyMiddlesex
Neighborhood(s)
Approximate Living Area Total7565
Approximate Lot Size (Acres)0.21
Total Parking15
Garage Parking0
Year Built1937
Year Built SourcePublic Records
Year Built DetailsActual
WaterPublic
SewerPublic Sewer
Electric220 Volts
Hot Water
Roof MaterialAsphalt/fiberglass Shingles
BasementFull
Construction MaterialsFrame
Lot FeaturesGentle Sloping
Foundation Description
Accessible Features
Outdoor SpaceCovered
ZoningTMU
Water Views
Water Views Features
Waterfront0
Waterfront Features
Terms
Disclosures for 3-13 Agawam St., Lowell MA 01852
Lead PaintNone
UFFI
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourcePublic Records
ExclusionsWasher/Dryer And Sellers Personal Items.
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 3-13 Agawam St., Lowell MA 01852
Real Estate Taxes11640
Tax Year2027
Assessed Value$915,200
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 3-13 Agawam St., Lowell MA 01852
Neighborhood(s)
Area Amenities
Contact Information for 3-13 Agawam St., Lowell MA 01852