$10,000 Closing Credit¹
#73325270, Brian McMahon, Listing Office: RE/MAX Innovative Properties
$739,000 List price
47 Mount Vernon Lowell, MA 01854
$8,776
Closing credit¹
6 beds
3 full, 1 partial
3,497 sqft
0.09 acres
$211 / sqft
Multi-Family
Property details
About 47 Mount Vernon
Fantastic opportunity for an owner-occupant or investor! This spacious three-family home in a prime Lowell location is just minutes from downtown, , the Merrimack River, major highways, and walking distance to UMass Lowell. The first-floor unit is currently owner-occupied and will be delivered vacant at closing, offering flexibility for a new owner or rental potential. The second and third-floor units are occupied by long-term tenants (TAW) who wish to stay, providing immediate rental income. Rents are currently below market value, presenting great upside potential. Each unit has separate utilities, with the owner covering the water bill. The property also features a garage for extra storage and the ability to hold one car inside. The property includes two parking spots currently used by the owner, plus one designated street parking spot per unit. Group showings ONLY Thursday, April 3, from 5:30PM – 7:00PM, and Saturday, April 5, from 12:00PM – 2:00PM. SOLD AS-IS.
Highlights
Home typeMulti Family
HeatingBaseboard, Hot Water
StatusAccepting Backup Offers
(Contingent)
(Contingent)
Size3,497 sqft
BasementYes
Lot size0.09 Acres
Year built1900
ParkingPaved Drive
MLS #73353118
Garage1 space
Summary
- MLS Number: 73353118
- MLS Name: MLS Property Information Network
- Office Name: eXp Realty
- Office Phone: (888) 854-7493
- Listing Agent: Sueann Yin Rasavong
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: 4/12/2025, 8:20:49 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$739,000
47 Mount Vernon
$8,776
closing credit¹
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Price information
Property sales
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Tax history
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Nearby schools
5
Charlotte M Murkland Elementary School
Public District PK-4
0.3 mi
•350 Adams St
4
Joseph Mcavinnue
Public District PK-4
0.5 mi
•131 Mammoth Rd
6
Charles W Morey
Public District PK-4
1.0 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 $32,212. The most common annual income of people living in Lowell, MA is less than $<35k. Typical family type is single, no kids. The majority of residents in this area have high school diploma education.
How much money do the neighbors make?
54%
<35k
38%
35k-100k
7%
100k-200k
1%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
What types of families live nearby?
57%
Single, No Kids
15%
Single, with Kids
13%
Married, No Kids
15%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
14%
<11 yrs old
9%
12-17 yrs old
31%
18-34 yrs old
33%
35-64 yrs old
13%
65+ yrs old
What do the neighbors do for fun?
Soccer
Pro Boxing
Continuing Education Courses
Where do the neighbors shop?
Forever 21
Burlington
Express/Express For Men
Where do the neighbors go to eat?
Dominos Pizza
Popeyes
Qdoba
What do the neighbors drive?
Mazda
Dodge
Volkswagen
What do the neighbors listen to?
Rhythmic Contemporary Hits
Urban Contemporary
News
All data provided by Home Junction and Claritas
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This home is located at 47 Mount Vernon in Lowell, MA and zip code 01854 in the The Acre neighborhood. This 3,497 square foot home, which was built in 1900, sits on a 0.09 acre lot. Features: 6 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since April 2, 2025 and is currently priced at $739,000.
Over 34 listings were sold over their listed price in March 2025 in Lowell, MA. In the same period over 21 listings were sold below the listed price and 5 listings were sold for the listed price. The inventory of homes for sale in Lowell, MA between February and March 2025 increased by 13.5%. The median list price of listings available in March 2025 was $473,300, while the average time on the real estate market was 39 days.
From Rocket Homes Real Estate and based on county public records data.