317 Nesmith St. Lowell, MA ^$ 995,000

317 Nesmith St.

^$ 995,000

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317 Nesmith St.

Lowell, MA, 01852

^$ 995,000

Bedrooms7 Baths6.0 Sq 3,131

Monthly Estimate*

^$ 6,126

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Multi-Family Home for sale in Lowell, MA

for $995,000 with 7 bedrooms and 6 full baths. This 3,131 square foot home was built in 1920 on a lot size of 0.06.

Very well maintained building with stabilized rents and performing at a true 8% cap rate with room to improve. This turn-key investment property is bringing in over $112,000 in annual gross rents and is ready for the its next owner. Located in the Belvidere neighborhood of Lowell, this building is convenient to parks, public transit, highways and downtown Lowell. Featuring 4 - 1 bedroom / 1 bathroom units and 1 - 3 bedroom / 2 bathroom unit. All units have a nice, open, layout and have been updated with stone counter tops, luxury vinyl plank flooring, clean kitchens and bathrooms, and fresh paint. This building has an on-site coin operated washer / dryer for additional income, a high efficiency gas boiler, an indirect hot water tank, no onsite parking to worry about and a small, easy to maintain, backyard. Don't miss out on the best income producing multi family investment property on the market in Lowell today!

Multi-Family Active

Price

^$ 995,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 8,348

Style

5-9 Family

Lot Size

0.06

Year Built

1920

Town/City

Lowell

County/Region

Middlesex

MLS | Web ID

73484860

List By

Nick Cowden

Listing Agent

Compass

Broker

Affordability Calculator

$6,822

Per Month

Monthly Principal & Interest: $6,126
Monthly Property Taxes: $696
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 6.25% 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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Trends

Multi-family listings in Lowell, MA

Average List Price ^$966,703

Percent of Sale Price 3%

About Lowell, MA

108,768 Population

4% Since 2002

^$49,465 Median Income

36.2 Median Age

29% Households with Children

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Trends Information provided by ATTOM Data Solutions.

Neighborhood & Schools

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Pricing History

Date	Price	Price Change	Description
3/31/2026	$995,000	-5.15%	Price Down
3/10/2026	$1,049,000		Listed Price

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317 Nesmith St., Lowell, MA, 01852 is a Multi-Family Home for sale at $995,000 with 3,131 sqft and a lot size of 0.06. 317 Nesmith St. has 7 bedrooms, 6.0 baths, and was built in 1920. The property's zip code is 01852 which is in Lowell, MA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.25% 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.

Data is updated as of 4/28/2026.

The real estate information and related content displayed on this site is provided for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

The property listing data and information, or the Images, 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, and the Images, are for the personal, non-commercial use of consumers having a good faith 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, or as to the accuracy of any of the Images, set forth herein.

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317 Nesmith St.

Multi-Family Home for sale in Lowell, MA

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