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14-16 2nd Street, Lowell MA 01850

$1,650,000

Estimated $3,873/month Calculator

Multi Family

Total Units: 6

Price Per Unit: $275,000

Total Rent: 49800/year

Estimated CAP Rate:

12 Bedrooms

Baths

5400

Total Parking: 0

3,920 (0.09)

RARE fully turnkey investment property with 6 fully de-leaded units with separated gas and electric utilities. With no driveway to plow in the winter or tenant utilities to pay for, operating expenses are manageable for this cash cow of a property. The property includes a list of recent updates including a newer roof, all new heating systems, updated plumbing, updated electrical, and a new sprinkler system installed in 2015. With 2 beds and 1 bath per unit, the property is poised for strong cash flow through stable and strong rents in these recently renovated units featuring updated bathrooms, kitchens, floors, and laundry hookups in the basement. This one is a strong buy and hold investment you won't want to miss!

This home has been viewed 4 times

Last Checked: November 4th, 2026 at 8:58am (Source: MLS PIN #73598237)

Gross Income: $49,800

Gross Expenses: $14,368

Net Income Calc: $35,432

Annual Expenses for 14-16 2nd Street, Lowell MA 01850

Total Gross Expenses (Calculated)$14,368/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax14368

Annual Income & Unit Breakdown for 14-16 2nd Street, Lowell MA 01850

Total Gross Income (Calculated)$49,800

Unit 1

Rental Income$0

LeaseN

Bedrooms2

Bathrooms1 Full

Floor1

Levels in Unit1

Rent Includes

Unit 2

Rental Income$0

LeaseY

Bedrooms2

Bathrooms1 Full

Floor1

Levels in Unit1

Rent Includes

Unit 3

Rental Income$0

Lease

Bedrooms2

Bathrooms1 Full

Floor2

Levels in Unit1

Rent Includes

Unit 4

Rental Income$0

Lease

Bedrooms2

Bathrooms1 Full

Floor2

Levels in Unit1

Rent Includes

General Information for 14-16 2nd Street, Lowell MA 01850

Listing ID73598237

Property TypeMulti Family

Price1650000 ($305.56/SqFt)

Style5+ Family - 5+ Units Up/down

CityLowell

CountyMiddlesex

MLS AreaCentralville

Neighborhood(s)

Approximate Living Area Total5400

Approximate Lot Size (Acres)0.09

Total Parking0

Garage Parking0

Year Built1880

Year Built SourcePublic Records

Year Built DetailsApproximate

WaterPublic

SewerPublic Sewer

Electric

Hot Water

Roof MaterialAsphalt/fiberglass Shingles

BasementFull

Construction MaterialsFrame

Lot FeaturesGentle Sloping

Foundation Description

Accessible Features

Outdoor Space

ZoningTMF

Water Views

Water Views Features

Waterfront0

Waterfront Features

Terms

Disclosures for 14-16 2nd Street, Lowell MA 01850

Lead PaintNone

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

ExclusionsWall Mounted Tv's-Brackets To Remain

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 14-16 2nd Street, Lowell MA 01850

Real Estate Taxes14368

Tax Year2026

Assessed Value$1,265,900

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 14-16 2nd Street, Lowell MA 01850

Neighborhood(s)

MLS AreaCentralville

Area AmenitiesWalk/jog Trails

Contact Information for 14-16 2nd Street, Lowell MA 01850

Agent

Name: Brendan Conley

Office

Name: Keynova Group LLC

Phone: 774-287-6819

Team Members

Payment Calculator

, Interest

Property Taxes 1197.33

Principal & Interest 10166.78

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Keynova Group LLC

Brendan Conley

Agent Phone

Office Phone

(774) 287-6819

Text Agent Call Agent Call Office

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EXIT

38 More Photos

Active

14-16 2nd Street, Lowell MA 01850

$1,650,000

Annual Expenses for 14-16 2nd Street, Lowell MA 01850

Annual Income & Unit Breakdown for 14-16 2nd Street, Lowell MA 01850

General Information for 14-16 2nd Street, Lowell MA 01850

Disclosures for 14-16 2nd Street, Lowell MA 01850

Financial Information for 14-16 2nd Street, Lowell MA 01850

Location Information for 14-16 2nd Street, Lowell MA 01850

Contact Information for 14-16 2nd Street, Lowell MA 01850

Agent

Office

Team Members

Payment Calculator

Exclusive Listing Agent

Keynova Group LLC

Brendan Conley