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103 Powell Street

Highlands, Lowell, MA 01851
$850,000
7 Beds
4 Baths
3,557 Living Area
  • Property Description
    Great opportunity for the buyer of this fully tenanted four-family in the Highlands. All four units currently occupied, two on leases and two are TAW, with a total monthly rent roll of $6990.00. All units are separately metered and tenants are responsible for payment of own electric, heat, hot water and cooking. Unit electric panels and hot water tanks are in the basement. Each unit has its own heating system(s). This is a well maintained property by an active owner, therefore no deferred maintenance. Three units are lead compliant w/certificates of deleading in hand. Location is on public transit and within a short distance of all area amenities. This is a solid property with a strong rental history and rents. Two long-term tenants of approx. 10 years.
  • Highlights
    • Area: Highlands
    • Property Class: Residential Income
    • Total Rooms: 17
    • Status: Closed
    • Parking Spots: 4
    • Property Type: 4 Family - 4 Units Up/Down
    • Year Built: 1900
  • Additional Details
    • Basement: Unfinished
    • Exclusions: Tenant Belongings. All Laundry Machines Are Property Of Tenants.
    • Foundation: Other
    • Road Frontage Type: Public
    • Total Number of Units: 4
    • Year Built Source: Public Records
    • Construction: Frame
    • Flooring: Varies
    • Lot Features: Level
    • Roof: Shingle, Rubber
    • Year Built Details: Renovated Since, Unknown/Mixed
    • Zoning: Tmf
  • Amenities
    • Community Features: Public Transportation, Shopping, Medical Facility, Laundromat, Highway Access, House of Worship, Private School, Public School, T-Station, University
    • Parking Features: Paved Drive, Off Street, Driveway, Paved
  • Utilities
    • Electric: Circuit Breakers
    • Water Source: Public
    • Sewer: Public Sewer
  • Fees / Taxes
    • Assessed Value: $575,300
    • Compensation Based On: Net Sale Price
    • Taxes: $6,852
    • Buyer Agent Compensation: 2%%
    • Tax Year: 2024
    • Total Rent: $6,990

Location

103 Powell Street, Lowell, MA 01851

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Content © 2026 MLS Property Information Network, Inc. The information in this listing was gathered from third party resources including the seller and public records. Listing information provided courtesy of Town Hall Realty, Inc.. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.
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