Well kept, income producing, turn key, multi-family, with six bedrooms and 3 bathrooms, and option to utilize the third floor as a third unit w/ kitchenette or as part of the 2nd floor unit. Recent rents totaled $6,200 per month. Most systems are three to five years old, including forced air heating, 100-amp electrical panels w/ arc-fault breakers, roof, kitchens (cabinets, counters, appliances), programable thermostats, spray foam insulation, in-unit washers and dryers, hardwood floors. Bathrooms are refreshed. First floor also has central A/C and sliding door to a back deck. The flexible floor plans allow for many configurations. Second and third floors can be used together as a three-bed, two-bath unit, or as two separate units. Great location right across from the Owl Diner and close to coffee shops, restaurants, South Common Park (swimming pool, basketball, playing fields, dog park, playground, walking paths, and more), groceries, UMass Lowell, Lowell commuter rail station, busses, and downtown museums and amenities! Perfect for an owner occupant or investor. Please see disclosures for utility details.
This home has been viewed 42 times
Last Checked: October 27th, 2026 at 7:28am (Source: MLS PIN #73587665)
Gross Income: $74,400
Gross Expenses: $7,947
Net Income Calc: $66,453
Annual Expenses for 243 Appleton St, Lowell MA 01852
Total Gross Expenses (Calculated)$7,947/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax7947
Annual Income & Unit Breakdown for 243 Appleton St, Lowell MA 01852
Total Gross Income (Calculated)$74,400
Unit 1
Rental Income$0
LeaseN
Bedrooms3
Bathrooms1 Full
Floor1
Levels in Unit1
Rent Includes
Unit 2
Rental Income$0
LeaseN
Bedrooms3
Bathrooms2 Full
Floor1
Levels in Unit1
Rent Includes
Unit 3
Rental Income$0
Lease
Bathrooms
Rent Includes
General Information for 243 Appleton St, Lowell MA 01852
Listing ID73587665
Property TypeMulti Family
Price769000 ($279.74/SqFt)
StyleMulti Family
CityLowell
CountyMiddlesex
MLS AreaCentralville
Neighborhood(s)
Approximate Living Area Total2749
Approximate Lot Size (Acres)0.09
Total Parking6
Garage Parking0
Year Built1900
Year Built SourcePublic Records
Year Built DetailsApproximate,Renovated Since
WaterPublic
SewerPublic Sewer
Electric220 Volts
Hot Water
Roof MaterialAsphalt/fiberglass Shingles
BasementFull
Construction MaterialsFrame
Lot FeaturesGentle Sloping
Foundation Description
Accessible Features
Outdoor SpaceCovered
ZoningUMU
Water Views
Water Views Features
Waterfront0
Waterfront Features
Terms
Disclosures for 243 Appleton St, Lowell MA 01852
Lead PaintNone
UFFINo
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourceMeasured
ExclusionsBlack Light Fixture Above Storage Bench In Kitchen.
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 243 Appleton St, Lowell MA 01852
Real Estate Taxes7947
Tax Year2026
Assessed Value$700,200
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 243 Appleton St, Lowell MA 01852
Neighborhood(s)
MLS AreaCentralville
Area AmenitiesWalk/jog Trails
Contact Information for 243 Appleton St, Lowell MA 01852