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31-33 Bourne Street Lowell, MA $ 887,500
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31-33 Bourne Street
$ 887,500
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31-33 Bourne Street

Lowell, MA, 01852
$ 887,500
Bedrooms9 Baths3.0 Sq 3,900

Monthly Estimate*

$ 5,604

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Multi-Family Home for sale in Lowell, MA

for $887,500 with 9 bedrooms and 3 full baths. This 3,900 square foot home was built in 1910 on a lot size of 0.09.

Well-maintained 3-unit multifamily offering in Lowell’s established South Lowell neighborhood, featuring three spacious 3BR/1BA apartments and approximately 3,900 SF of living area. Two of the three units will be delivered vacant and move-in ready at closing, offering immediate flexibility for an investor or owner-occupant to lease, occupy, or further improve. Recent capital improvements include a newer EPDM rubber roof (2022), refinished hardwood flooring, new luxury vinyl plank flooring, updated bathroom vanities, and newer appliances in the first- and second-floor units. Additional features include in-unit washer/dryer hookups, usable yard space, separately metered forced hot-air gas heating, and updated electrical service, helping minimize landlord-paid utility expenses. Additional value-add potential may exist to reconfigure existing 3BR layouts into 4BR units, subject to applicable approvals and permitting. Conveniently located near Downtown Lowell with quick access to the Lowell Connector, Route 3, I-495, LRTA service, MBTA commuter rail, shopping, dining, parks, and major employment and educational centers. A compelling opportunity combining immediate vacancy, recent improvements, efficient utilities, and long-term income-growth potential.

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Multi-Family Active

Price

$ 887,500

Bedrooms

9

Full Bath

3

Property Type

Multi-Family

Taxes

$ 7,668

Style

3 Family - 3 Units Up/Down

Lot Size

0.09

Year Built

1910

Town/City

Lowell

County/Region

Middlesex

MLS | Web ID

73565786
List By
Michael Alvarez

Listing Agent

Alvarez Real Estate Group Llc

Broker

Affordability Calculator

$6,243
Per Month
90%
10%
0%
Monthly Principal & Interest
$5,604
Monthly Property Taxes
$639
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Pricing History
DatePricePrice ChangeDescription
8/19/2026$887,500 Listed Price

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31-33 Bourne Street, Lowell, MA, 01852 is a Multi-Family Home for sale at $887,500 with 3,900 sqft and a lot size of 0.09. 31-33 Bourne Street has 9 bedrooms, 3.0 baths, and was built in 1910. The property's zip code is 01852 which is in Lowell, MA

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