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Sold on 12/12/2025
  • Exterior
  • Other
  • Kitchen
  • Living
  • Bath
  • Bedroom

43-45 Third Ave, Lowell, MA 01854

$650,000

Last sold 12/12/2025 after 23 Days

  • 4

    bed

  • 3

    bath

  • 2,234

    Sqft ($291/Sqft)

Multi-family not for sale
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About 43-45 Third Ave

Property type Multi-family
Neighborhood
Year built 1930
HOA fee $0/month
Lot size 5,663 Sqft
Parking 2 garage spaces
Rental estimate
Property description
Fantastic investment opportunity! Well-maintained 3-family home in a highly desirable area, just a 10-minute walk to UMass Lowell. Features include vinyl siding and windows, a new roof, new insulation, newer hot-air heating systems and water tanks, and coin-op laundry in the basement. Enjoy 6 off-street parking spaces plus a 2-car garage. Strong rental history with long-term tenants: 2nd floor (18 years), 1st floor front (10 years), and 1st floor rear (7 years). The 2nd floor can be made available for an owner-occupancy opportunity, offering the option to live comfortably while generating income. Low maintenance and a prime location make this a great addition to any investor’s portfolio!
Listed by
Listing Agent - Paul Brouillette
Listing Office - LAER Realty Partners
Source: MLS Property Information Network, Inc. mls logo
MLS#73456348 • last updated 7 months ago
Movoto checked MLS Property Information Network, Inc. for data 9 minutes ago
Overview
Levels/Style 3, 3
MLS # 73456348
Type Residential Income
Status Closed
SubType 3 Family
SqFt 2234
Lot Size (SqFt) 5663
Lot Size (Acres) 0.13
Annual Property Tax 7085
Year Built 1930
Interior
Total # of Bathrooms 3
# Full Baths 3
Total # of Bedrooms 4
Total # of Rooms 11
Exterior
Foundation Stone
Roof Shingle
Construction Frame
# Covered Spaces 2
Parking Desc Paved Drive, Off Street
# Parking Spaces 8
# Garage Spaces 2
Patio/ Porch Enclosed
Amenities / Utilities
Sewer Public Sewer
Water Source Public
Location
County Middlesex
Zoning 3-family
Directions Mammoth Rd To 3rd Ave
Multifamily Details
Net Operating Income 37715
Operating Expense 6800
Total Actual Rent 4300
Expense: Water/ Sewer 2300
Gross Income 51600
Expense: Electricity 500
Rental est.: $3,250/month
Gross rent multiplier: 16.7
  • Jan 2026
    mls logo MLS # 73456348
  • Jan 16, 2026 Sold
    $650,000 (-7.1%)
  • Dec 12, 2025 Active
    —
  • Dec 11, 2025 Price Change
    $699,900 (-9.7%)
  • Nov 21, 2025 Price Change
    $775,000 (-3.1%)
  • Nov 19, 2025 Listed
    $799,900
  • 43-45 Third Ave
    $650K
  • Pawtucketville
    $549K +19% y/y
  • 01854
    $514K +42% y/y
  • Lowell
    $499K +12% y/y
No chart available
Statistics calculated by Movoto

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2/10
Joseph McAvinnue Elementary School
public Grades PK, K-4
Lowell School District
4/10
Bartlett Community Partnership School
public Grades PK, K-8
Lowell School District
4/10
Charlotte M Murkland Elementary School
public Grades PK, K-4
Lowell School District
5/10
Kathryn P. Stoklosa Middle School
public Grades 5-8
Lowell School District
4/10
Dr an Wang School
public Grades 5-8
Lowell School District
Source: GreatSchools.org © 2026. All rights reserved.

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The real estate listing data marked with this icon comes from the IDX program of the Massachusetts Multiple Listing Service™ system.
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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