169-171 Salem St, Lowell MA 01854
Lowell, MA 01854 • Downtown
$600,000
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Sale Statistics
Sale Overview
Original List Price:
$599,000
Final Sale Price:
$600,000
Difference:
+$1,000 (+0.2%)
Performance Metrics
100.2%
List to Sale Ratio
Sold above asking price
126
Days on Market
Extended listing
Price per Square Foot Analysis
Original $/sq ft:
$83
Sale $/sq ft:
$84
This property sold for $84 per square foot
Sale Summary
This property sold for 0.2% above the original asking price, indicating strong buyer demand.
At 126 days on market, this property took longer than average to sell.
About this home
5 Unit Mixed Use Building near UMASS Lowell and within walking distance to many amenities. The property has been well maintained and updated and has plenty of off street parking. The first floor retail space also has a kitchen area with walk-in coolers and ovens. Two 3-Bedroom updated apartments are above the commercial space. Unit 2 rent is estimated. The adjacent 2 residential units each have 1 bedroom. Unit 4 has access to the basement and laundry hookups. Unit 5 has a walkup attic with 2 semi finished rooms. All units have separate utilities. Letters of Initial Lead Inspection Compliance attached in documents for download. Business is not included in the sale. Long term lease for the commercial property. Can be purchased with the Cote's Market Business.
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Recently Sold Nearby
Property History
Market Insights
53.9%
Price Range
105
Total Days on Market
Property Timeline
Current Active Listing - MLS #73455756
Full transaction history available when tracking began
Currently Listed
Nov 18, 2025
$1,300,000
MLS #73455756 - Active
Sold
Jun 7, 2018
$600,000
Property sold
Days on Market: 105
Listed for Sale
Jun 1, 2017
$599,000
Original listing
Agent: Raymond Boutin
Office: RE/MAX Partners
| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 11/18/2025 | 🏡 Currently Listed | $1,300,000 | - | - | MLS #73455756 - Active |
| 06/07/2018 | ✓ Sold | $600,000 | - | - | Property sold |
| 06/01/2017 | 🏠 Listed for Sale | $599,000 | - | - | Original listing |
Tax History
| Year | Taxes | Assessment |
|---|---|---|
| 2017 | $7,400 | $496,000 |
Financial Details
Annual Property Tax
$7,400
Tax Year 2017
Assessed Value
$496,000
Facts & Features
Central AC
Home Facts
Type
Residential Income
Style
5-9 Family
Year Built
1900
Living Area
7,178 sq ft
Lot Size
0.21 acres
Bedrooms
8
Full Baths
4
Half Baths
1
Total Rooms
23
Investment Metrics
Units
5
Unit 1 Rent
$1,500/mo · Y
Unit 2 Rent
$1,800/mo · Y
Unit 3 Rent
$1,000/mo · N
Unit 4 Rent
— · N
Total Monthly Rent
$4,300/mo
Gross Income
$67,200
Net Operating Income
$67,200
Operating Expenses
$8,144
Water/Sewer Expense
$4,800
Electric Expense
$120
Cap Rate
11.22%
Interior
Heating
Central, Forced Air
Cooling
Central Air
Flooring
Hardwood
Appliances
Range, Refrigerator, Washer, Dryer
Fireplace
None
Basement
None
Laundry
None
Features
Upgraded Cabinets, Upgraded Countertops, Office/den, Living Room, Kitchen, Laundry Room, Dining Room
Exterior
Construction
Frame
Architecture
None
Roof
Shingle, Slate, Rubber
Features
Balcony/deck
Pool
None
Spa
None
Fencing
None
Patio/Porch
Porch
Parking
Features
Paved Drive, Off Street
Total Spaces
10
Utilities
Electric
Circuit Breakers
Water
Public
Sewer
Public Sewer
Gas
None
Other
None
Financial
Annual Tax
$7,400
Assessed Value
$496,000
HOA & Community
Fee Includes
None
Amenities
None
Optional Fee Includes
None
MA Disclosures
Seller Disclosures
Buyers Should Verify All Information. Property Assessed As Two Properties- A 3 Unit Mixed Use And A 2 Unit Residential Property. Year Built Is 1900 And 1920 Per Assessor Records. Some Expenses Have Been Rounded/estimated.
Exclusions
Business, Equipment And Inventory.
Additional Details
Possession
None
Accepted Financing
None
Structure Type
[]
Sq Ft Source
Public Record
Sq Ft Disclosures
Includes commercial area
Documents
None
County
Middlesex
Total market time (incl. prior listings)
105 days
Property Overview
Property Type
5-9 Family
Listing Type
Sold
Year Built
1900
Bedrooms
8
Full Bathrooms
4
Half Bathrooms
1
Living Area
7,178 sq ft
Total Rooms
23
Stories
5
Levels
5
Floor Layout
Interactive room guide
Floor Layout
Display Options
Outdoor Areas
Patio & porchPorch
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:
Hardwood
Appliances:
Range, Refrigerator, Washer, Dryer
Interior Features:
Upgraded Cabinets, Upgraded Countertops, Office/Den, Living Room, Kitchen, Laundry Room, Dining Room
Windows:
Basement:
Laundry:
Security:
Construction & Materials
Year Built:
1900
Structure Type:
Exterior Materials:
Frame
Roof:
Shingle, Slate, Rubber
Foundation:
Stone
Stories:
5
Heating, Cooling & Utilities
Heating:
Central, Forced Air
Heating Zones:
5
Cooling:
Central Air
Cooling Zones:
2
Hot Water:
Electric
Water Source:
Public
Sewer:
Public Sewer
Energy Features:
Exterior & Lot
Exterior Features:
Balcony/Deck
Patio & Porch:
Porch
Fencing:
Other Structures:
Lot Features:
Road Surface:
Parking & Garage
Total Parking Spaces:
10
Parking Features:
Paved Drive, Off 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. Patrick School and Educational Center
0.2 mi
Grades PK-08
C
Bartlett Community Partnership School
0.4 mi
|
#266 of 352
|
Score: 34.8
Improved 20 spots from last year
-23.4 below state avg
408 students
Very Diverse
Rising School
Diverse Student Body
Grades PK-08
Hellenic American Academy
0.5 mi
Grades PK-08
St. Jeanne D'Arc Elementary School
0.7 mi
Grades PK-08
B
Lowell Community Charter Public School
0.7 mi
|
#158 of 352
|
Score: 43.9
Improved 29 spots from last year
-14.3 below state avg
816 students
Diverse
Rising School
Diverse Student Body
Grades PK-08
St. Louis Elementary School
0.8 mi
Grades PK-08
B
Rogers STEM Academy
1.0 mi
|
#8 of 16
|
Score: 33.9
Improved 265 spots from last year
-24.3 below state avg
892 students
Diverse
Rising School
Diverse Student Body
Grades K-08
St. Michael Elementary School
1.0 mi
Grades PK-08
Immaculate Conception School
1.1 mi
Grades PK-08
Lowell Youth Treatment Center
1.1 mi
Grades 01-12
Middle Schools
7 schools
B-
Kathryn P. Stoklosa Middle School
0.4 mi
|
#198 of 352
|
Score: 40.6
Improved 18 spots from last year
-17.6 below state avg
613 students
Diverse
Diverse Student Body
Grades 05-08
C-
Henry J Robinson Middle School
1.2 mi
|
#288 of 352
|
Score: 32.5
Improved 31 spots from last year
-25.7 below state avg
600 students
Diverse
Rising School
Diverse Student Body
Grades 05-08
C
Dr. An Wang School
1.4 mi
|
#255 of 352
|
Score: 35.9
Improved 38 spots from last year
-22.3 below state avg
663 students
Very Diverse
Rising School
Diverse Student Body
Grades 05-08
Laura Lee Therapeutic Day School
1.6 mi
15 students
Diverse
Diverse Student Body
Grades 01-08
C-
Benjamin F. Butler Middle School
1.9 mi
|
#303 of 352
|
Score: 31.0
Dropped 47 spots from last year
-27.2 below state avg
516 students
Very Diverse
Diverse Student Body
Grades 05-08
B+
James S Daley Middle School
1.9 mi
|
#120 of 352
|
Score: 47.3
Improved 55 spots from last year
-10.9 below state avg
669 students
Diverse
Rising School
Diverse Student Body
Grades 05-08
C
James Sullivan Middle School
2.2 mi
|
#267 of 352
|
Score: 34.8
Improved 38 spots from last year
-23.5 below state avg
625 students
Diverse
Rising School
Diverse Student Body
Grades 05-08
High Schools
4 schools
Old Colony Y Lowell Revocation Program
0.2 mi
Grades 09-12
F
Lowell Middlesex Academy Charter School
0.7 mi
|
#339 of 346
|
Score: 21.1
Improved 7 spots from last year
-37.1 below state avg
126 students
Diverse
College Ready Curriculum
Diverse Student Body
Grades 09-12
F
The Career Academy
1.0 mi
|
#25 of 25
|
Score: 14.1
Improved 363 spots from last year
-44.1 below state avg
83 students
Diverse
Rising School
Diverse Student Body
Grades 09-12
D
Leblanc Therapeutic Day School
2.1 mi
|
#376 of 346
|
Score: 32.8
Same rank as last year
36 students
Diverse
Diverse Student Body
Grades 09-12
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Location
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Neighborhood
Downtown
169-171 Salem St, Lowell MA 01854
Lowell, MA 01854
Listing Information
Listing Agent
Raymond Boutin
Agent MLS ID
D0001895
Office MLS ID
AN2007
Listing Data Updated
Jun 7, 2018 12:26 PM 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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