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221-223 Pine St., Lowell MA 01851

$924,900

Estimated $2,230/month Calculator

Multi Family

Total Units: 4

Price Per Unit: $231,225

Total Rent: 48816/year

Estimated CAP Rate:

6 Bedrooms

Baths

3678

Total Parking: 6

6,742 (0.15)

The first 4-family residence available in the UPPER HIGHLANDS in years, this versatile property offers not only tremendous value for the savvy investor, but also a great opportunity for owner-occupied investment and/or multi-generational living. Architecturally striking with Victorian flair, this sprawling colonial features a wrap-around front porch, roof-top deck, dual driveways for 6 cars (plus more side-street parking), all sited on a pretty corner lot with lawn space and mature plantings. First floor comprises two spacious 1-BR units. The two upper 2-BR apartments are two-level, townhouse-style (a bonus large extra room with closet and windows on the main level in each unit could possibly be converted to a 3rd BR by simply installing doors - buyers and agents to do due diligence on feasibility/use). Beautiful hardwood floors in every unit (some wide pine too), plus lots of period details and decorative millwork throughout! Updates over the years include many newer appliances, cabinets and fixtures, modern replacement windows, low-maintenance vinyl siding, and new composite flooring on exterior porches, stairs and deck. Property is fully occupied with all tenants-at-will, all rents well below market (investors take note of the INCREDIBLE upside potential and returns!). A commuter’s dream, with quick access to Rts. 495/3 and the Commuter Rail! Don’t miss this one!!

This home has been viewed 9 times

Last Checked: October 17th, 2026 at 8:03pm (Source: MLS PIN #73592118)

Gross Income: $48,816

Gross Expenses: $18,362

Net Income Calc: $30,454

Annual Expenses for 221-223 Pine St., Lowell MA 01851

Total Gross Expenses (Calculated)$18,362/year

APOD AvailableYes

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax8758

Annual Income & Unit Breakdown for 221-223 Pine St., Lowell MA 01851

Total Gross Income (Calculated)$48,816

Unit 1

Rental Income$0

LeaseN

Bedrooms1

Bathrooms1 Full

Floor1

Levels in Unit1

Rent IncludesHeat

Unit 2

Rental Income$0

LeaseN

Bedrooms1

Bathrooms1 Full

Floor1

Levels in Unit1

Rent IncludesHeat

Unit 3

Rental Income$0

LeaseN

Bedrooms2

Bathrooms1 Full

Floor2

Levels in Unit2

Rent IncludesHeat

Unit 4

Rental Income$0

LeaseN

Bedrooms2

Bathrooms1 Full

Floor2

Levels in Unit2

Rent IncludesHeat

General Information for 221-223 Pine St., Lowell MA 01851

Listing ID73592118

Property TypeMulti Family / 4 Family

Price924900 ($251.47/SqFt)

Style4 Family

CityLowell

CountyMiddlesex

MLS AreaHighlands

Neighborhood(s)

Approximate Living Area Total3678

Approximate Lot Size (Acres)0.15

Total Parking6

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

ZoningTMF

Water Views

Water Views Features

Waterfront0

Waterfront Features

Terms

Disclosures for 221-223 Pine St., Lowell MA 01851

Lead PaintNone

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

ExclusionsSmall Fridge

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 221-223 Pine St., Lowell MA 01851

Real Estate Taxes8758

Tax Year2026

Assessed Value$771,600

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 221-223 Pine St., Lowell MA 01851

Neighborhood(s)

MLS AreaHighlands

Area AmenitiesWalk/jog Trails

Contact Information for 221-223 Pine St., Lowell MA 01851

Agent

Name: George Politis

Office

Name: Churchill Properties

Phone: 978-572-1966

Payment Calculator

, Interest

Property Taxes 729.83

Principal & Interest 5698.94

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Churchill Properties

George Politis

Agent Phone

Office Phone

(978) 572-1966

Text Agent Call Agent Call Office

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    [unparsed] => 221-223 Pine St., Lowell MA 01851
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EXIT

35 More Photos

Active

221-223 Pine St., Lowell MA 01851

$924,900

Annual Expenses for 221-223 Pine St., Lowell MA 01851

Annual Income & Unit Breakdown for 221-223 Pine St., Lowell MA 01851

General Information for 221-223 Pine St., Lowell MA 01851

Disclosures for 221-223 Pine St., Lowell MA 01851

Financial Information for 221-223 Pine St., Lowell MA 01851

Location Information for 221-223 Pine St., Lowell MA 01851

Contact Information for 221-223 Pine St., Lowell MA 01851

Agent

Office

Payment Calculator

Exclusive Listing Agent

Churchill Properties

George Politis