HomeLowell2 Family - 2 Units Up/Down38 Third Ave, Lowell MA 01854
38 Third Ave, Lowell MA 01854 — photo 1 of 411 / 41
$849,000
38 Third Ave, Lowell MA 01854
2 units · 6 bd · 2 ba · 2,790 sqft · $424,500/unit
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INVESTMENT SNAPSHOT

Signal Score pending — we haven't seeded market rents for this ZIP (01854) yet.

About this property

One owner. Over 25 years. Meticulously maintained and now available for the first time delivered completely vacant so you set the rents, pick the tenants, and start building wealth from day one.This stunning 2-unit features 6 bedrooms, 2 full baths, and 2,790 sqft of beautifully updated living space. The renovated kitchen showcases quartz countertops, white shaker cabinets, stainless steel appliances, subway tile backsplash, and marble-look porcelain floors. Pristine curb appeal, private off-street parking, and a manicured lot complete the package.Minutes to Routes 3, 495, and 93. Close to Downtown Lowell, UMass Lowell, the MBTA, shops, and dining. This location rents itself.Investor. House hacker. Owner occupant. This one checks every box. Properties this clean, this well located, and delivered vacant do not last.

Property details

Units2
Living area2,790 sqft
Lot size3,920 sqft
Year built1900
Price / sqft$304
CountyMiddlesex
MLS #73548903

Listing status

Days on market17 days
Listed onJuly 13, 2026

Taxes & financials

Annual property tax$8,219
Tax year2025
Assessed value$715,900
ZoningRes
Gross income (actual)$76,800/yr
Net operating income (actual)$76,800/yr
Total actual rent$6,400/mo

Building & lot

Stories3
Total rooms12
Lot size0.09 acres
Garage spaces0
Parking spaces4
ParkingPaved Drive, Off Street
FoundationStone
RoofShingle
ConstructionFrame

Utilities & systems

SewerPublic Sewer
WaterPublic
Utilitiesfor Gas Range, for Electric Range

Location

More about investing in Lowell

Listing courtesy of a MLS PIN member office. Listing data © MLS PIN.

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Questions & answers

Auto-generated from the listing data — richer AI answers coming with the live site.

How many units does 38 Third Ave, Lowell MA 01854 have?

It is a 2-unit multi-family property with 2,790 sqft of living area, built in 1900.

How long has 38 Third Ave, Lowell MA 01854 been on the market?

38 Third Ave, Lowell MA 01854 has been listed for 17 days (since July 13, 2026).

What is the price per unit?

At a list price of $849,000 across 2 units, that works out to roughly $424,500 per unit.

What are the property taxes on 38 Third Ave, Lowell MA 01854?

Annual property taxes are $8,219 (2025), on an assessed value of $715,900.

What is the price per square foot?

At $849,000 for 2,790 sqft, that's about $304 per square foot.

Is there parking?

4 total parking spaces (paved drive, off street).

Where is this property located?

38 Third Ave, Lowell MA 01854 is in Lowell, Middlesex County, MA 01854.

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Justin Rollo, Broker Associate at Signal Real Estate
Justin RolloBroker Associate, Signal Real Estate · MA Lic. #9534264

Justin Rollo is a Broker Associate with Signal Real Estate (MA Lic. #9534264) and a lifelong Massachusetts resident. Over 14 years and hundreds of transactions, he has worked investment properties — multi-families and house-hacking — across Greater Boston full-time. Away from real estate, Justin is a proud dad, youth coach and local school-committee member — and a former professional poker player who still loves golf and following local sports.

📞 978-790-4381📍 25 Braintree Hill Park, Suite 200, Braintree, MA 02184
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