
250 Nesmith St #C9 Lowell — Photo 1 of 37
$289,900
Investment Analysis — 250 Nesmith St #C9
Lowell, MA 01852
Based on HUD Small Area Fair Market Rent for Lowell, MA HUD Metro FMR Area, a 2-bedroom in 01852 carries an estimated $2,160/mo in gross rent — about a 4.17% cap rate and $12,081/yr in estimated NOI at the $289,900 list price. Adjust every assumption in the calculator below.
Beds
2
Baths
1
SqFt
904
Style
Condominium
Built
1974
Welcome to 250 Nesmith St., Unit 9, a meticulously maintained Lowell condo offering comfort, convenience, and an impressive list of updates! This desirable 2 bedroom, 1 bath unit features 904 square feet of thoughtfully designed living space and is one of the rare units in the complex boasting TWO private balconies, perfect for enjoying your morning coffee, unwinding after a long day, or simply taking in the fresh air. Inside, you'll find beautifully maintained bamboo hardwood flooring, updated baseboards, and refreshed window and door casings, all creating a warm and inviting feel throughout. Numerous updates provide peace of mind, including updated electrical rocker panels in 2020, new sliders and windows in 2022, rebuilt balconies in 2022, a new wall A/C unit in 2022, a new refrigerator in 2024, new thermostats in three rooms in 2023, and an updated front door keypad. A new stove in 2026 adds even more value to this move in ready home. Parking is a standout feature with one deeded parking space, four visitor parking spaces, and additional off street parking available, a rare convenience. The well maintained building and professionally cared for grounds offer an easy, low maintenance lifestyle. The condo fee includes water and sewer, maintenance, snow removal, laundry conveniently located on the unit's floor, and your deeded parking space. Ideally situated with easy access to major highways, shopping, dining, and everyday amenities, this condo puts convenience right at your doorstep. Whether you're a first time buyer, downsizing, or looking for an investment opportunity, this well cared for unit checks all the boxes. Two balconies, exceptional parking, extensive updates, and a convenient location make this a rare opportunity you won't want to miss!
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 • Dishwasher • Microwave • Refrigerator
Neighborhood
Public Transportation • Shopping • Park • Walk/Jog Trails • Laundromat • Bike Path
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl FirstCeiling Fan(s), Flooring - Hardwood, Slider
Dining Room
Lvl FirstKitchen
Lvl FirstMaster Bedroom
Lvl FirstCeiling Fan(s), Flooring - Hardwood, Slider
Bedroom 2
Lvl FirstListing Agent: Laurie Hamilton
Listing Office: RE/MAX Innovative Properties
MLS® Number: 73574673
