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Sold on 02/11/2021

24 3rd St, Lowell, MA 01850

$1,065,000

Last sold 02/11/2021 for $550K

  • 12

    bed

  • 4

    bath

  • 4,925

    Sqft ($112/Sqft)

Multi-family not for sale
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About 24 3rd St

Property type Multi-family
Neighborhood
Year built 1900
HOA fee $0/month
Lot size 3,776 Sqft
Movoto estimate
Property description
Contact list agent to join the group showing on Friday. Great opportunity to add a cash-flowing property to your portfolio. 4 Units, all separately metered, for a total of 12 bedrooms. One unit to be delivered vacant at closing, making this the perfect owner occupant investment. Current rents are below fair market value and all tenants are “Tenant at Will”. Tenants pay their own utilities and the building has 3 to 4 reserved on street parking spaces. Conveniently located near shopping, restaurants, UMass, downtown, and the commuter rail. First showing will take place at the group showing.
Listed by
Listing Agent - Patrick Hermans
Listing Office - J. Borstell Real Estate, Inc.
Source: MLS Property Information Network, Inc. mls logo
MLS#72751397 • last updated 5 years ago
Movoto checked MLS Property Information Network, Inc. for data 24 minutes ago
Overview
Levels/Style 6
Type Multi-family
MLS # 72751397
SqFt 4925
Status Sold
SubType 4 Family
Lot Size (Acre) 0.09
Property Tax 5455.94
Year Built 1900
Short Sale (Y/N) No
Foreclosure (Y/N) No
Interior
# Full Baths 4, 4
Total # of Bedrooms 12, 12
Total # of Rooms 24, 16, 24
Basement Full, Walk Out, Interior Access, Bulkhead, Dirt Floor, Unfinished Basement
# Fireplaces 0, 0
Exterior
Foundation Fieldstone
Exterior Vinyl
Roof Asphalt/Fiberglass Shingles, Rubber
Parking Desc On Street Permit
Lot Desc Fenced/Enclosed
Amenities / Utilities
Electricity Individually Metered
Utility Connections For Gas Range, for Gas Oven
Utilities: Hot Water Natural Gas
Water Source City/Town Water
Location
County Middlesex
Multifamily Details
# of Units 4
Unit 3 Rent 1350
Unit 4 Rent 1350
Unit 2 Rent 1200
Lot/ Land Details
Road Type Public
$1.06M
Range: $883K-$1.24M
Last 30 days 
  • Nov 2020
    mls logo MLS # 72751397
  • Nov 1, 2020 Listed
    $549,900 (+115.6%)
  • Apr 2010
    Public Records
  • Apr 23, 2010 Sold
    $255,000 (+295.3%)
  • Jun 2003
    Public Records
  • Jun 4, 2003 Sold
    $64,500
  • Year Property taxes Tax assessment
  • 2025
    $8,454 +2.4%
    $736,400 +6.25%
  • 2024
    $8,255 -2.3%
    $693,100 +1.88%
  • 2023
    $8,449 +16.2%
    $680,300 +18.79%
  • 2022
    $7,268 +7.2%
    $572,700 +13.7%
  • 2021
    $6,780 +0.8%
    $503,700
  • 2020
    $6,729
    $503,700
  • 24 3rd St
    $550K
  • Centralville
    $439K -6% y/y
  • 01850
    $375K -15% y/y
  • Lowell
    $489K +10% y/y
No chart available
Statistics calculated by Movoto

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1/10
Greenhalge Elementary School
public Grades PK, K-4
Lowell School District
4/10
S Christa Mcauliffe Elementary School
public Grades PK, K-4
Lowell School District
5/10
Moody Elementary School
public Grades PK, K-4
Lowell School District
3/10
Henry J Robinson Middle School
public Grades 5-8
Lowell School District
3/10
Lowell High School
public Grades 9-12
Lowell School District
Source: GreatSchools.org © 2026. All rights reserved.

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The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors, and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith in interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.
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