1-3 Harrison Pl Lowell — Photo 1 of 26
$649,990
Investment Analysis — 1-3 Harrison Pl
Lowell, MA 01850 — Centralville
Based on rent reported on the MLS listing, a 2-unit multi-family in 01850 carries $4,850/mo in gross rent — about a 2.71% cap rate and $17,616/yr in estimated NOI at the $649,990 list price. Adjust every assumption in the calculator below.
Beds
7
Baths
2
SqFt
1,925
Style
2 Family - 2 Units Side by Side
Built
1910
CENTERVILLE: Townhouse style, multi-family residence located at 1-3 Harrison Place, Lowell, MA. Ideal for owner occupied with a great rental history.Property offers a unique opportunity for investors because on all major items have just been replaced: (2) Furances, (2) Hot Water Tanks freshly painted. The property encompasses 7 bedrooms, 2 baths. Unit #1 (LEFT) Brand New Kitchen, Quartz Countertops, New SS Appliances, New Flooring, Doors, Toilet,Vanity, Light Fixtures, 3BRs, 1 Bath freshly painted. Plenty of storage in the basement. Unit #3 offers a 4 Bedroom 1 bath with a BR on the main floor. This multi-family property has not been offered for sale since 2009, with great rental history. Great options for owner occupied or rental with expected monthly rent of $4,600 -$5,000/month Estimated $50,000.00 - $60,000.00 Annual Rental Income expected for 2026/27. Based on past tenants and previous lease contracts.
Estimates — not financial advice
These figures are illustrative estimates for informational purposes only — not an appraisal, valuation, or guarantee of rent, income, or returns, and not financial, tax, or investment advice. Rent is either the figure reported on the MLS listing — in-place rent that may differ from market and is not verified against the actual leases — or, where the listing reports none, an estimate from HUD Small Area Fair Market Rents, a government benchmark that may differ from actual market rent. Each figure is labelled with its source. Cap rate, NOI, and returns depend on the assumptions shown, which you can change. MLS and other third-party data may be inaccurate or out of date. Verify all figures independently and consult your own financial, tax, and legal advisors before making any investment decision.
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Range • Microwave • Refrigerator • ENERGY STAR Qualified Refrigerator • Rangetop - ENERGY STAR
Neighborhood
Public Transportation • Shopping • Park • Medical Facility • Laundromat • Highway Access
Geography
Listing Agent: Lynn Smith
Listing Office: Coldwell Banker Realty - Chelmsford
MLS® Number: 73569034
