16 Middlesex Park, Lowell MA 01851
Lowell, MA 01851 • Highlands
$725,000
$649,900
Est. $4,110/month
About this home
Opportunity is knocking! Legal 3-family owned by the same family since 1993 and ready for its next chapter. Featuring approximately 3,653 square feet, separate utilities, and a flexible layout currently utilized as a 4-bedroom first-floor unit, 3-bedroom second-floor unit, and 3-bedroom third-floor unit. The property offers parking for up to 5 vehicles, including 3 tandem spaces and 2 additional off-street spaces. Bring your ideas, imagination, and vision to unlock the full potential of this long-held property. With updating and improvements, there is tremendous opportunity to build equity, increase rental income, and create long-term value. Heat is currently operational on the first-floor unit only. Property is being sold strictly as-is and will be delivered vacant. Conveniently located near shopping, restaurants, public transportation, and major commuter routes. A fantastic opportunity for investors, contractors, or owner-occupants looking to make a property their own!
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Recently Sold Nearby
Property History
Market Insights
1
Price Changes
10.4%
Price Range
Property Timeline
Status: Active under contract
Jul 20, 2026
Active → Active Under Contract
Pending Sale
Jul 20, 2026
Offer accepted, sale pending
Price Reduced
Jul 16, 2026
$649,900
$75,100
(-10.36%)
From $725,000 to $649,900 (-10.4%)
Listed for Sale
Jun 24, 2026
$725,000
Original listing
Office: eXp Realty LLC - Corporate Office
| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 07/20/2026 | 📋 Status: Active under contract | - | - | - | Active → Active Under Contract |
| 07/20/2026 | ⏳ Pending Sale | - | - | - | Offer accepted, sale pending |
| 07/16/2026 | ↓ Price Reduced | $649,900 | $75,100 | - | From $725,000 to $649,900 (-10.4%) |
| 06/24/2026 | 🏠 Listed for Sale | $725,000 | - | - | Original listing |
Tax History
| Year | Taxes | Assessment |
|---|---|---|
| 2026 | $7,488 | $697,500 |
Financial Details
Annual Property Tax
$7,488
Tax Year 2026
Assessed Value
$697,500
Facts & Features
Home Facts
Type
Residential Income
Style
3 Family - 3 Units Up/Down
Year Built
1900
Living Area
3,653 sq ft
Lot Size
0.09 acres
Bedrooms
8
Full Baths
3
Total Rooms
12
Investment Metrics
Units
3
Unit 1 Rent
$1,300/mo · N
Unit 2 Rent
$650/mo · N
Total Monthly Rent
$1,950/mo
Gross Income
$19,200
Net Operating Income
$19,200
Cap Rate
2.95%
Interior
Heating
Forced Air
Cooling
None, Window Unit(s)
Flooring
Laminate
Appliances
Range, Refrigerator
Fireplace
None
Basement
Full, Walk-out Access, Interior Entry, Dirt Floor, Unfinished
Laundry
Washer & Dryer Hookup, Electric Dryer Hookup
Features
High Speed Internet, Bathroom With Tub & Shower, Internet Available - Dsl, Ceiling Fan(s), Living Room, Kitchen
Exterior
Construction
Frame
Architecture
None
Roof
Shingle
Features
None
Pool
None
Spa
None
Fencing
None
Patio/Porch
Enclosed, Screened
Parking
Features
Paved Drive, Off Street, Tandem, Assigned, Paved
Total Spaces
5
Utilities
Electric
60 Amps/less, 100 Amp Service
Water
Public
Sewer
Public Sewer
Gas
None
Other
For Gas Range, For Electric Dryer
Financial
Annual Tax
$7,488
Assessed Value
$697,500
HOA & Community
Fee Includes
None
Amenities
None
Optional Fee Includes
None
Down Payment Resource
Eligible
MA Disclosures
Seller Disclosures
None
Additional Details
Possession
None
Accepted Financing
None
Structure Type
[]
Sq Ft Source
Public Record
Sq Ft Disclosures
Buyers and agents to perform their own due diligence, including verifying measurements of the units
Documents
None
County
Middlesex
Total market time (incl. prior listings)
33 days
Property Overview
Property Type
3 Family - 3 Units Up/Down
Listing Type
Sale Pending
Year Built
1900
Bedrooms
8
Full Bathrooms
3
Living Area
3,653 sq ft
Total Rooms
12
Stories
3
Levels
3
Floor Layout
Interactive room guide
Floor Layout
Finished Area
3,653 sq ft above grade
Display Options
Outdoor Areas
Patio & porchEnclosed, Screened
Room Markers
BABathroom (4)
BRBedroom (5)
DDining (1)
KKitchen (1)
LLiving (2)
OOffice (1)
Conceptual diagram based on MLS room data. It is not to scale and is not a substitute for architectural plans or on-site measurements.
Interior Features
Flooring:
Laminate
Appliances:
Range, Refrigerator
Interior Features:
High Speed Internet, Bathroom With Tub & Shower, Internet Available - DSL, Ceiling Fan(s), Living Room, Kitchen
Windows:
Basement:
Full, Walk-Out Access, Interior Entry, Dirt Floor, Unfinished
Laundry:
Washer & Dryer Hookup, Electric Dryer Hookup
Security:
Construction & Materials
Year Built:
1900
Structure Type:
Exterior Materials:
Frame
Roof:
Shingle
Foundation:
Stone
Stories:
3
Heating, Cooling & Utilities
Heating:
Forced Air
Heating Zones:
1
Cooling:
None, Window Unit(s)
Hot Water:
Natural Gas
Water Source:
Public
Sewer:
Public Sewer
Energy Features:
Exterior & Lot
Exterior Features:
Patio & Porch:
Enclosed, Screened
Fencing:
Other Structures:
Lot Features:
Level
Road Surface:
Paved
Parking & Garage
Total Parking Spaces:
5
Parking Features:
Paved Drive, Off Street, Tandem, Assigned, Paved
Nearby Schools
School information not available for this location.
Monthly Payment Calculator
Monthly Payment
$0
Principal, interest, taxes & insurance
Loan Amount
$0
After down payment
Total Interest
$0
Over life of loan
Total Cost
$0
Including down payment
%
Down: $0
%
Monthly Payment Breakdown
Principal & Interest
$0
Property Tax
$624
Homeowners Insurance
$200
PMI (if <20% down)
$0
Loan Summary
Total of 360 payments
$0
Total principal paid
$0
Total interest paid
$0
Rate Impact
-0.5% Rate
$0/mo
Save $0/mo
Current Rate
$0/mo
+0.5% Rate
$0/mo
Cost $0/mo
Payment Over Time
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
* Estimates only. Actual payments may vary. Consult with a lender for accurate figures.
Location
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Neighborhood
Highlands
16 Middlesex Park, Lowell MA 01851
Lowell, MA 01851
Listing Information
Listing Agent
Sueann Rasavong
Listing Office
eXp Realty LLC - Corporate Office
Office Phone
888-854-7493
Agent MLS ID
CT005653
Office MLS ID
AC0342
Listing Data Updated
Jul 29, 2026 3:30 AM EDT
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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