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INVESTMENT SNAPSHOT
About this property
RARE fully turnkey investment property with 6 fully de-leaded units with separated gas and electric utilities. With no driveway to plow in the winter or tenant utilities to pay for, operating expenses are manageable for this cash cow of a property. The property includes a list of recent updates including a newer roof, all new heating systems, updated plumbing, updated electrical, and a new sprinkler system installed in 2015. With 2 beds and 1 bath per unit, the property is poised for strong cash flow through stable and strong rents in these recently renovated units featuring updated bathrooms, kitchens, floors, and laundry hookups in the basement. This one is a strong buy and hold investment you won't want to miss!
Property details
| Units | 6 |
| Living area | 5,400 sqft |
| Lot size | 3,920 sqft |
| Year built | 1880 |
| Price / sqft | $306 |
| County | Middlesex |
| MLS # | 73598237 |
Listing status
| Days on market | 0 days |
| Listed on | November 3, 2026 |
Taxes & financials
| Annual property tax | $14,368 |
| Tax year | 2026 |
| Assessed value | $1,265,900 |
| Zoning | TMF |
| Gross income (actual) | $97,800/yr |
| Net operating income (actual) | $73,800/yr |
| Total actual rent | $4,150/mo |
Building & lot
| Stories | 5 |
| Total rooms | 24 |
| Lot size | 0.09 acres |
| Garage spaces | 0 |
| Parking spaces | 0 |
| Parking | On Street |
| Basement | Full, Concrete |
| Foundation | Stone |
| Roof | Shingle |
| Construction | Frame |
| Flooring | Tile, Vinyl |
Utilities & systems
| Sewer | Public Sewer |
| Water | Public |
| Utilities | for Gas Range, for Electric Dryer, Washer Hookup |
Location
More about investing in Lowell →
Listing courtesy of Keynova Group LLC — Brendan Conley. Listing data © MLS PIN.
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Questions & answers
Answered from the listing data and public map data.
How many units does 14-16 2nd Street, Lowell MA 01850 have?
It is a 6-unit multi-family property with 5,400 sqft of living area, built in 1880.
How long has 14-16 2nd Street, Lowell MA 01850 been on the market?
14-16 2nd Street, Lowell MA 01850 has been listed for 0 days (since November 3, 2026).
What is the price per unit?
At a list price of $1,650,000 across 6 units, that works out to roughly $275,000 per unit.
What are the property taxes on 14-16 2nd Street, Lowell MA 01850?
Annual property taxes are $14,368 (2026), on an assessed value of $1,265,900.
What is the price per square foot?
At $1,650,000 for 5,400 sqft, that's about $306 per square foot.
Where is this property located?
14-16 2nd Street, Lowell MA 01850 is in Lowell, Middlesex County, MA 01850.
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