Backup offers
$10,000 Closing Credit¹
#73330836, Brian Donoghue, Listing Office: Universal Property Management
$750,000 List price
171 Powell St Lowell, MA 01851
$8,906
Closing credit¹
0 beds
4 full
3,353 sqft
0.09 acres
$224 / sqft
Multi-Family
Property details
About 171 Powell St
Excellent investment or owner-occupied opportunity! This 4-unit property offers a strong Investor Cap Rate of 8.34%. Conveniently located near restaurants and shopping, within walking distance to a pharmacy, and offering easy access to highways. Just 1 mile from the Lowell MBTA station. 2 furnaces in cellar for 1st fl and 2 furnaces in the attic for 2nd fl. Includes 4 off-street parking spaces. Property has been managed by same Company for over 60 years. Low turnover, long term tenants. Some Section 8 Leases in place. Showings start with Open House on Tuesday, February 25th from 11AM-1PM.
Highlights
Home typeMulti Family
StatusActive
(New)
(New)
Size3,353 sqft
Lot size0.09 Acres
Year built1900
ParkingPaved Drive, Off Street
MLS #73334575
Summary
- MLS Number: 73334575
- MLS Name: MLS Property Information Network
- Office Name: LAER Realty Partners
- Office Phone: (978) 251-8221
- Listing Agent: Paul Brouillette
Disclaimer: The property listing data and information 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 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 set forth herein. We may make use of information provided by users of this website - see our Terms of Use for more details on our privacy policy.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/21/2025, 8:20:47 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$750,000
171 Powell St
$8,906
closing credit¹
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Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $528,300 | $6,292 |
| 2022 | $431,600 | $5,477 |
| 2021 | $379,600 | $5,109 |
| 2020 | $379,600 | $5,071 |
| 2019 | $300,700 | $4,222 |
History based on county public records data.
Nearby schools
6
Abraham Lincoln
Public District PK-4
0.2 mi
•300 Chelmsford St
4
Washington
Public District PK-4
0.4 mi
•795 Wilder St
6
Charles W Morey
Public District PK-4
0.5 mi
•130 Pine St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $65,797. Typical income of Lowell, MA residents is between $35k-100k annually. The majority of families are single, no kids. Most residents in this area have high school diploma education.
How much money do the neighbors make?
12%
<35k
71%
35k-100k
17%
100k-200k
0%
200k+
What level of education do the neighbors have?
No High School
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
39%
Single, No Kids
18%
Single, with Kids
22%
Married, No Kids
21%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
17%
<11 yrs old
8%
12-17 yrs old
28%
18-34 yrs old
38%
35-64 yrs old
9%
65+ yrs old
What do the neighbors do for fun?
Basketball
Soccer
Mexican League Soccer
Where do the neighbors shop?
Ross Dress For Less
Burlington
Stein Mart
Where do the neighbors go to eat?
Jasons Deli
Wingstop
Church's Chicken
What do the neighbors drive?
Acura
Nissan
Chevrolet
What do the neighbors listen to?
Rhythmic Contemporary Hits
Christian Adult Contemporary
Urban Adult Contemporary
All data provided by Home Junction and Claritas
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This home is located at 171 Powell St in Lowell, MA and zip code 01851 in the Lower Highlands neighborhood. This 3,353 square foot home, which was built in 1900, sits on a 0.09 acre lot. Features: 0 bedroom, 4 bathrooms. It has been listed on Rocket Homes since February 19, 2025 and is currently priced at $750,000.
Over 18 listings were sold over their listed price in January 2025 in Lowell, MA. In the same period over 16 listings were sold below the listed price and 5 listings were sold for the listed price. The number of homes for sale in Lowell, MA decreased by 9.3% between December and January 2025. The median list price of listings available in January 2025 was $482,992, while the average time on the real estate market was 36 days.
From Rocket Homes Real Estate and based on county public records data.