1 day on Rocket
$8,301 Closing Credit¹
#73365676, Johnny Long, Listing Office: PRIVI Realty LLC
$1,049,000 List price
317 Nesmith Lowell, MA 01852
$10,000
Closing credit¹
7 beds
6 full
3,131 sqft
0.06 acres
$335 / sqft
Multi-Family
Property details
About 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, updated electrical, 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!
Highlights
Home typeMulti Family
StatusActive
Size3,131 sqft
BasementYes
Lot size0.06 Acres
Year built1920
MLS #73362935
Summary
- Full Bathrooms: 6
- Basement: Yes
- Total Bedroom Count: 7
- List Price: $1,049,000
- Price/SqFt: $335
- Lot: Gentle Sloping, Sloped
- Directions: Andover St. to Nesmith St.
- Year Built: 1920
- Stories: 9
- Living Area: 3,131 SqFt
- Lot Size: 0.06 Acres
- MLS Number: 73362935
- MLS Name: MLS Property Information Network
- Office Name: Compass
- Office Phone: (781) 534-9229
- Listing Agent: Nick Cowden
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: 4/30/2025, 12:55:48 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$1,049,000
317 Nesmith
$10,000
closing credit¹
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Price information
Property sales
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Tax history
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Nearby schools
2
Moody Elementary School
Public District KG-4
0.2 mi
•158 Rogers St
5
Peter W Reilly
Public District PK-4
0.8 mi
•115 Douglas Rd
2
John J Shaughnessy
Public District PK-4
1.1 mi
•1158 Gorham 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 $62,121. The most common annual income of people living in Lowell, MA is less than $<35k. The majority of families are single, no kids. Residents of this area typically have post secondary degree education.
How much money do the neighbors make?
35%
<35k
34%
35k-100k
19%
100k-200k
12%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
52%
Single, No Kids
9%
Single, with Kids
22%
Married, No Kids
17%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
14%
<11 yrs old
7%
12-17 yrs old
24%
18-34 yrs old
40%
35-64 yrs old
15%
65+ yrs old
What do the neighbors do for fun?
Symphony or Opera
Continuing Education Courses
Minor League Baseball Games
Where do the neighbors shop?
Chico's
Express/Express For Men
New York & Company
Where do the neighbors go to eat?
Boston Market
Qdoba
Chick-fil-A
What do the neighbors drive?
Volvo
Volkswagen
Kia
What do the neighbors listen to?
Talk/Personality
Urban Contemporary
Soft Adult Contemporary
All data provided by Home Junction and Claritas
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This home is located at 317 Nesmith in Lowell, MA and zip code 01852 in the Lower Belvidere neighborhood. This 3,131 square foot home, which was built in 1920, sits on a 0.06 acre lot. Features: 7 bedrooms, 6 bathrooms. It has been listed on Rocket Homes since April 23, 2025 and is currently priced at $1,049,000.
In March 2025 more than 34 listings in Lowell, MA were sold above the asking price. During the same period more than 5 listings were sold at asking price, while more than 21 were sold below. In March 2025 in Lowell, MA there were 13.5% more homes for sale than in February. While the average time on the market in March 2025 was 39 days, the median list price was $473,300.
From Rocket Homes Real Estate and based on county public records data.