189 Smith St, Lowell MA 01851
Lowell, MA 01851
$783,333
Est. $4,169/month
About this home
Great investment opportunity! Cap Rate 8.43%. This property features long-term tenants, each unit equipped with a stove, refrigerator and laundry room. It’s being sold as a package deal, which includes 185-187 Smith St (3-family), 189-191 Smith St (3-family), and 193-195 Smith St (3-family) all listed on MLS. 185 Smith and 193 Smith buildings are on registered land.
Sale Statistics
Sale Overview
Original List Price:
$850,000
Final Sale Price:
$783,333
Difference:
$66,667 (-7.8%)
Performance Metrics
92.2%
List to Sale Ratio
Sold below asking price
43
Days on Market
Average time
Price per Square Foot Analysis
Original $/sq ft:
$225
Sale $/sq ft:
$208
This property sold for $208 per square foot
Sale Summary
This property sold for 7.8% below the original asking price.
The property spent 43 days on market before selling.
Facts & Features
Property Overview
Property Type
3 Family
Property Category
Residential Income
Year Built
1900
Bedrooms
12
Full Bathrooms
3
Living Area
3,771 sq ft
Total Rooms
18
Stories
3
Levels
3
Interior Features
Has Fireplace
No
Appliances
Range, Refrigerator
Interior Features
Living Room, Kitchen, Laundry Room
Exterior & Structure
Foundation
Stone
Has Spa
No
Waterfront Property
No
Lot & Land
Lot Size
0.06 acres
Lot Size
2,614 sq ft
Lot Size Area
0.0600
Road Frontage Type
Public
Parking & Garage
Has Garage
No
Parking Features
Paved Drive
Utilities & Systems
Water Source
Public
Sewer
Public Sewer
Community & HOA
Senior Community
No
Financial & Tax Information
Annual Tax Amount
$6,919
Tax Year
2024
Tax Assessed Value
$580,900
Parcel Number
M:123 B:5400 L:189,3183653
Zoning
TMF
Financial Data Source
Pro. Forma Available
Additional Details
Year Built Source
Public Records
Year Built Details
Approximate
Disclosures
Please see attached lead compliance.
Exclusions
Tenants Own Their Washer And Dryer.
Listing Terms
Contract
Location
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Neighborhood
189 Smith St, Lowell MA 01851
Lowell, MA 01851
Walkability
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Schools
Elementary School
Abraham Lincoln
Middle School
James S. Daley
High School
Lowell High
Monthly Payment Calculator
%
%
Estimated Monthly Payment
$0
Payment Breakdown
Principal & Interest
$0
Property Tax
$577
Homeowners Insurance
$200
PMI
$0
Property History
Market Insights
2.1%
Price Range
35
Total Days on Market
Property Timeline
Sold
Mar 6, 2025
$783,333
Property sold
Days on Market: 35
Listed for Sale
Nov 10, 2024
$799,900
Original listing
Agent: Paul Brouillette
Office: LAER Realty Partners
| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 03/06/2025 | ✓ Sold | $783,333 | - | - | Property sold |
| 11/10/2024 | 🏠 Listed for Sale | $799,900 | - | - | Original listing |