102 Fourth Ave Lowell — Photo 1 of 12
$1,350,000
Investment Analysis — 102 Fourth Ave
Lowell, MA 01854
Based on rent reported on the MLS listing, a 6-unit multi-family in 01854 carries $7,150/mo in gross rent — about a 4.13% cap rate and $55,728/yr in estimated NOI at the $1,350,000 list price. Adjust every assumption in the calculator below.
Beds
6
Baths
6
SqFt
4,884
Style
5-9 Family
Built
1950
Exceptional opportunity to acquire a stabilized 6-unit multi-family in a strong Lowell rental market. The building features an easily manageable mix of six 1-bedroom, 1-bathroom units, a low-turnover layout that shows consistent cash flow. A major competitive advantage for tenant retention is the rare 7 off-street parking spaces, supplemented by on-street parking right out front. Optimized for a low-maintenance landlord experience, the units run on gas appliances (electric dryers) and boast proactively updated hot water tanks installed between 2017 and 2024. Turn-key properties with this level of operational efficiency are rare—don't miss your chance to add this high-performing asset to your portfolio!
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 MLS and other third-party data may be inaccurate or out of date.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
Neighborhood
Public Transportation • Laundromat • University
Geography
Listing Agent: Shawn Mcguire
Listing Office: LAER Realty Partners
MLS® Number: 73563927
