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28 Grand St

Lowell, MA 01851
$990,000
7 Beds
7 Baths
3,625 Living Area
  • Property Description
    Fantastic investment opportunity 8.93% CAP RATE ! Well-maintained 7-unit building featuring six 2-room studios (approx. 450 sq. ft. each) and one 2-bedroom unit (approx. 500 sq. ft.). All separate electric and gas utilities. All new separate heating systems and hot water tanks. Roof replaced 4 years ago. Long-term tenants with rents well below market—great upside potential for investors. Prime location just a 2-minute walk to train and bus station.
  • Highlights
    • Levels: 2
    • Property Type: 5-9 Family
    • Total Rooms: 11
    • Status: Closed
    • Property Class: Residential Income
    • Stories: 2
    • Year Built: 1850
  • Additional Details
    • Foundation: Stone
    • SqFt Source: Public Record
    • Year Built Details: Approximate
    • Zoning: Umu
    • Road Frontage Type: Public
    • Total Number of Units: 7
    • Year Built Source: Public Records
  • Amenities
    • Community Features: Public Transportation, Shopping
    • Parking Features: Paved Drive
  • Utilities
    • Sewer: Public Sewer
    • Water Source: Public
  • Fees / Taxes
    • Assessed Value: $572,700
    • Taxes: $6,575
    • Tax Year: 2025
    • Total Rent: $4,800

Location

28 Grand St, 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 Keller Williams Realty-Merrimack. 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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