14-16 2nd St, Lowell MA 01850
Lowell, MA 01850
$1,405,000
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Sale Statistics
Sale Overview
Original List Price:
$1,325,000
Final Sale Price:
$1,405,000
Difference:
+$80,000 (+6.0%)
Performance Metrics
106.0%
List to Sale Ratio
Sold above asking price
19
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft:
$245
Sale $/sq ft:
$260
This property sold for $260 per square foot
Sale Summary
This property sold for 6.0% above the original asking price, indicating strong buyer demand.
With only 19 days on market, this was a quick sale compared to typical market conditions.
About this home
Don’t miss this large six-family property located in a convenient location, just off of Bridge St. The property features many recent updates including an all new roof, 6 new heating systems, updated plumbing, updated electrical throughout, and a new sprinkler system installed in 2015. Comprised of all two-bedroom units, there have been various updates throughout, such as granite countertops, cabinets, updated bathrooms, and laundry hookups in the basement making them highly appealing to tenants. With tenancy-at-will agreements in place and strong rental income, this property will be a reliable investment for years to come.
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Price & Status History
Market Insights
19.7%
Price Range
20
Total Days on Market
Property Timeline
Current Active Listing - MLS #73598237
Full transaction history available when tracking began
Currently Listed
Nov 3, 2026
$1,650,000
MLS #73598237 - Active
Sold
Jan 8, 2025
$1,405,000
Property sold
Days on Market: 20
Listed for Sale
Nov 5, 2024
$1,325,000
Original listing
Agent: Patrick Hermans
Office: J. Borstell Real Estate, Inc.
| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 11/03/2026 | 🏡 Currently Listed | $1,650,000 | - | - | MLS #73598237 - Active |
| 01/08/2025 | ✓ Sold | $1,405,000 | - | - | Property sold |
| 11/05/2024 | 🏠 Listed for Sale | $1,325,000 | - | - | Original listing |
Tax History
| Year | Taxes | Assessment |
|---|---|---|
| 2024 | $11,023 | $925,500 |
Financial Details
Annual Property Tax
$11,023
Tax Year 2024
Assessed Value
$925,500
Facts & Features
Home Facts
Type
Residential Income
Style
5-9 Family
Year Built
1880
Living Area
5,400 sq ft
Lot Size
0.09 acres
Stories
5
Bedrooms
12
Full Baths
6
Total Rooms
18
Investment Metrics
Units
6
Unit 1 Rent
$1,880/mo · Y
Unit 2 Rent
$1,940/mo · Y
Unit 3 Rent
$1,800/mo · N
Unit 4 Rent
$1,800/mo · N
Total Monthly Rent
$7,420/mo
Gross Income
$133,440
Net Operating Income
$100,700
Operating Expenses
$12,340
Water/Sewer Expense
$2,000
Electric Expense
$240
Insurance Expense
$6,500
Cap Rate
7.60%
Interior
Heating
None
Cooling
None
Flooring
Tile, Vinyl, Laminate
Appliances
None
Fireplace
None
Basement
Full
Laundry
Electric Dryer Hookup, Washer Hookup
Features
None
Exterior
Construction
Frame
Architecture
None
Roof
Shingle
Features
None
Pool
None
Spa
None
Fencing
None
Patio/Porch
None
Parking
Features
On Street
Utilities
Electric
None
Water
Public
Sewer
Public Sewer
Gas
None
Other
For Gas Range, For Electric Dryer, Washer Hookup
Financial
Annual Tax
$11,023
Assessed Value
$925,500
HOA & Community
Fee Includes
None
Amenities
None
Optional Fee Includes
None
MA Disclosures
Lead Paint
Certified Treated
Seller Disclosures
First Showings Will Take Place At Group Showing
Additional Details
Possession
None
Accepted Financing
None
Structure Type
[]
Sq Ft Source
Public Record
Documents
None
County
Middlesex
Total market time (incl. prior listings)
20 days
Property Overview
Property Type
5-9 Family
Listing Type
Sold
Year Built
1880
Bedrooms
12
Full Bathrooms
6
Living Area
5,400 sq ft
Total Rooms
18
Stories
5
Levels
5
Floor Layout
Interior Features
Flooring:
Tile, Vinyl, Laminate
Appliances:
Interior Features:
Windows:
Basement:
Full
Laundry:
Electric Dryer Hookup, Washer Hookup
Security:
Construction & Materials
Year Built:
1880
Structure Type:
Exterior Materials:
Frame
Roof:
Shingle
Foundation:
Stone
Stories:
5
Utilities & Systems
Heating:
Heating Zones:
6
Cooling:
Hot Water:
Natural Gas
Water Source:
Public
Sewer:
Public Sewer
Energy Features:
Exterior & Lot
Exterior Features:
Patio & Porch:
Fencing:
Other Structures:
Lot Features:
Level
Road Surface:
Parking & Garage
Parking Features:
On Street
Nearby Schools
School District
Lowell School District local
C-
School Safety
2024-25
3.0%
Above Average
2.8%
Suspensions
0.8%
In-School
0.2%
Emergency
2.5% below state avg
Elementary Schools
10 schools
St. Michael Elementary School
0.2 mi
Grades PK-08
Lowell Youth Treatment Center
0.3 mi
Grades 01-12
Immaculate Conception School
0.4 mi
Grades PK-08
St. Louis Elementary School
0.6 mi
Grades PK-08
Hellenic American Academy
0.7 mi
Grades PK-08
B
Lowell Community Charter Public School
0.7 mi
|
#154 of 352
|
Score: 44.1
Improved 33 spots from last year
-14.2 below state avg
815 students
Diverse
Rising School
Diverse Student Body
Strong Attendance
Grades PK-08
St. Patrick School and Educational Center
0.8 mi
Grades PK-08
B
Rogers STEM Academy
0.9 mi
|
#8 of 16
|
Score: 34.3
Improved 265 spots from last year
-23.9 below state avg
895 students
Diverse
Rising School
Diverse Student Body
Grades K-08
C
Bartlett Community Partnership School
1.3 mi
|
#270 of 352
|
Score: 34.7
Improved 16 spots from last year
-23.5 below state avg
488 students
Diverse
Diverse Student Body
Grades PK-08
St. Jeanne D'Arc Elementary School
1.5 mi
Grades PK-08
Middle Schools
7 schools
C-
Henry J Robinson Middle School
0.7 mi
|
#288 of 352
|
Score: 32.7
Improved 31 spots from last year
-25.5 below state avg
580 students
Diverse
Rising School
Diverse Student Body
Grades 05-08
B-
Kathryn P. Stoklosa Middle School
1.2 mi
|
#199 of 352
|
Score: 40.7
Improved 17 spots from last year
-17.5 below state avg
608 students
Diverse
Diverse Student Body
Grades 05-08
C
James Sullivan Middle School
1.3 mi
|
#267 of 352
|
Score: 34.9
Improved 38 spots from last year
-23.3 below state avg
606 students
Diverse
Rising School
Diverse Student Body
Grades 05-08
C
Benjamin F. Butler Middle School
1.7 mi
|
#260 of 352
|
Score: 35.7
Dropped 4 spots from last year
-22.5 below state avg
488 students
Diverse
Diverse Student Body
Grades 05-08
Laura Lee Therapeutic Day School
1.9 mi
15 students
Diverse
Grades 01-08
C+
Dr. An Wang School
2.4 mi
|
#249 of 352
|
Score: 36.2
Improved 44 spots from last year
-22 below state avg
669 students
Very Diverse
Rising School
Diverse Student Body
Grades 05-08
B+
James S Daley Middle School
2.4 mi
|
#128 of 352
|
Score: 46.6
Improved 47 spots from last year
-11.6 below state avg
686 students
Diverse
Rising School
Diverse Student Body
Grades 05-08
High Schools
4 schools
F
Lowell Middlesex Academy Charter School
0.4 mi
|
#337 of 346
|
Score: 22.3
Improved 9 spots from last year
-35.9 below state avg
124 students
Diverse
College Ready Curriculum
Diverse Student Body
Grades 09-12
Old Colony Y Lowell Revocation Program
0.7 mi
Grades 09-12
D
Leblanc Therapeutic Day School
1.4 mi
|
#376 of 346
|
Score: 32.8
Same rank as last year
31 students
Diverse
Diverse Student Body
Grades 09-12
F
The Career Academy
1.5 mi
|
#25 of 25
|
Score: 18.1
Improved 363 spots from last year
-40.1 below state avg
108 students
Diverse
Rising School
Diverse Student Body
Grades 09-12
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Location
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Neighborhood
14-16 2nd St, Lowell MA 01850
Lowell, MA 01850
Listing Information
Listing Agent
Patrick Hermans
Listing Office
J. Borstell Real Estate, Inc.
Office Phone
978-502-8045
Agent MLS ID
CN225762
Office MLS ID
G80038
Listing Data Updated
Jan 28, 2025 1:39 PM EST
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.
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