Active
25 Days on market
172 Middle St #303 Lowell — Photo 1 of 16

172 Middle St #303 Lowell — Photo 1 of 16

$309,000

Investment Analysis — 172 Middle St #303

Lowell, MA 01852 — Downtown

Based on HUD Small Area Fair Market Rent for Lowell, MA HUD Metro FMR Area, a 1-bedroom in 01852 carries an estimated $1,650/mo in gross rent — about a 2.57% cap rate and $7,946/yr in estimated NOI at the $309,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

1

Baths

1

SqFt

837

Style

Condominium

Built

1880

Bright Ayer Lofts unit with exposed brick walls and full-size windows for plenty of natural light. Feel the historic vibes of this well-maintained building situated on a quiet cobblestone street in downtown Lowell directly adjacent to Market Street. The unit has concrete floors, wood pillars, open kitchen layout, large bathroom, and a moveable wardrobe to partition off a bedroom area. The Ayer Lofts is a professionally managed pet-friendly building that offers a secured front lobby and mail room, elevator, and common bicycle storage and laundry facilities. Parking is available on-street or through the Roy Garage next door. One low monthly condo fee includes unlimited water, heat, and air conditioning with owners paying their own electric bills. Located just minutes to all the restaurants, coffee shops, theaters, galleries, and entertainment that downtown Lowell has to offer.

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 MLS and other third-party data may be inaccurate or out of date.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.

Immersive Experience

Property Details

Financials

Original Price$309,000
Annual Taxes$3,322
HOA Fee$315

Parking

Garage0
Off-Street0

Interior Specifications

Total Rooms2
FireplacesNone
FlooringConcrete
BasementN

Climate & Utilities

HeatingCentral
CoolingCentral Air
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionBrick
RoofRubber
Foundation--
ZoningDMU

Property & Lot

Acres--
SqFt Lot--
Lot Features--

Amenities & Appliances

Range • Dishwasher • Disposal • Microwave • Refrigerator • Freezer

Neighborhood

Public Transportation • Shopping • Highway Access

Geography

Floorplan Breakdown

Structural Layout

First
Living RoomKitchenMaster BedroomBathroom 1
Living Room
Lvl First
Kitchen
Lvl First
Master Bedroom
Lvl First
Bathroom 1
Lvl First
Listing Provided By

Listing Agent: Steve Binder

Listing Office: Binder Residential

MLS® Number: 73565188