Sold for $880,000

$880,000

197-199 Powell St, Lowell, MA 01851

9beds

4,275sqft

3 Family

Built in 1890

-- sqft lot

$-- Zestimate^®

$206/sqft

$-- Estimated rent

Home value

Not available

Estimated sales range

Not available

Zestimate^® history

Owner options

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$5,756/mo

Est. payment

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$5,756/mo

Est. payment

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What's special

Expansive fenced-in lotRare four-car detached garageSeparate electric

Welcome to this charming and lucrative investment opportunity nestled in the heart of Lowell, Massachusetts. This outstanding three-family home is now available for sale after 30 years and boasts not only full occupancy but also a plethora of desirable features that promise both comfort and potential for its new owner. Whether you're an astute investor looking to expand your portfolio or a savvy homeowner seeking an income-generating property, this three-family home presents an exceptional opportunity not to be missed. With its fully occupied status, expansive fenced-in lot, and rare four-car detached garage, this property is the one you've been seeking. All three units have separate electric and gas metering. Don't let this gem slip through your fingers. Check it out this weekend from 12-2 on Saturday and Sunday! Offer deadline Sunday at 8pm to be reviewed Monday morning.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 9
Bathrooms: 3
Full bathrooms: 3

Heating

Natural Gas

Features

Mudroom
Windows: Insulated Windows
Basement: Unfinished
Has fireplace: No

Interior area

Total structure area: 4,275
Total interior livable area: 4,275 sqft

Property

Parking

Total spaces: 6
Parking features: Off Street, On Street
Garage spaces: 3
Uncovered spaces: 3

Features

Fencing: Fenced

Lot

Size: 0.27 Acres
Features: Corner Lot

Details

Parcel number: M:124 B:4745 L:197
Zoning: TTF

Construction

Type & style

Home type: MultiFamily
Property subtype: 3 Family

Materials

Frame
Foundation: Stone
Roof: Rubber

Condition

Year built: 1890

Utilities & green energy

Electric: Individually Metered
Sewer: Public Sewer
Water: Public

Community & HOA

Community

Features: Public Transportation, Shopping, Medical Facility, Highway Access

Location

Region: Lowell

Financial & listing details

Price per square foot: $206/sqft
Tax assessed value: $672,200
Annual tax amount: $8,349
Date on market: 1/23/2026
Exclusions: 1st Floor Tenant Owns Her Refrigerator And The Handicap Ramp.
Total actual rent: 5575
Road surface type: Paved

Price history

Date	Event	Price
3/19/2024	Sold	$880,000+10%$206/sqft
Source: MLS PIN #73202913 Report a problem
2/16/2024	Listed for sale	$800,000$187/sqft
Source: MLS PIN #73202913 Report a problem