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317 Nesmith, 
Lowell, MA 01852

$1,029,000

7

Beds

6

Baths

3,131

Sq Ft

Multi-Family

Active

Listed by

Nick Cowden

Compass

7815349229

Last updated:

May 17, 2025, 10:27 AM

MLS#

73362935

Source:

MLSPIN

About This Home

317 Nesmith

Very well maintained building with stabilized rents and performing at a 7.9% cap rate. This turn-key investment property 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 multi family investment property on the market in Lowell today!

Home Facts

Multi-Family

6 Baths

7 Bedrooms

Built in 1920

Price Summary

1,029,000

$328 per Sq. Ft.

MLS #:

73362935

Last Updated:

May 17, 2025, 10:27 AM

Rooms & Interior

Bedrooms

Total Bedrooms:

7

Bathrooms

Total Bathrooms:

6

Full Bathrooms:

6

Interior

Living Area:

3,131 Sq. Ft.

Structure

Structure

Building Area:

3,131 Sq. Ft.

Year Built:

1920

Lot

Lot Size (Sq. Ft):

2,512

Finances & Disclosures

Finances

Price:

$1,029,000

Price per Sq. Ft:

$328 per Sq. Ft.

Source:MLSPIN
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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By clicking Contact I agree a Coldwell Banker Agent may contact me by phone or text message including by automated means and prerecorded messages about real estate services, and that I can access real estate services without providing my phone number. I acknowledge that I have read and agree to the Terms of Use and Privacy Notice.