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173 Branch St, Lowell MA 01851

Lowell, MA 01851
$750,000
8
Beds
8
Baths
4,087
Sq Ft
$184
Price/Sq Ft
0.38
Acres
1900
Year Built
20
Parking
104
Days on Market
Closed Listed May 28, 2021 • MLS# 72839249 Copied! • Updated Jan 28, 2022

Sale Statistics

Sale Overview
Original List Price: $1,300,000
Final Sale Price: $750,000
Difference: $550,000 (-42.3%)
Performance Metrics
57.7%
List to Sale Ratio
Sold below asking price
104
Days on Market
Extended listing
Price per Square Foot Analysis
Original $/sq ft: $318
Sale $/sq ft: $184
This property sold for $184 per square foot
Sale Summary

This property sold for 42.3% below the original asking price.

At 104 days on market, this property took longer than average to sell.

About this home

Cash Cow! Rare 8 unit building that usually runs at full occupancy. All units come equipped with refrigerator and stove, private bath and plenty of parking. Off street parking for 20 vehicles comfortably accommodates the tenants and guests. . Proforma revenue of $79800 and net annual income of almost $50,000. Great investment opportunity!

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Recently Sold Nearby

Property History

Market Insights

42.3%
Price Range
105
Total Days on Market

Property Timeline

Current Active Listing - MLS #73546221
Full transaction history available when tracking began
🏡
Currently Listed
Jul 8, 2026
$1,300,000
MLS #73546221 - Active
Sold
Jan 28, 2022
$750,000
Property sold
Days on Market: 105
🏠
Listed for Sale
May 28, 2021
$775,000
Original listing
Agent: Paul Brouillette Office: LAER Realty Partners

Tax History

Year Taxes Assessment
2021 $8,415 $625,200

Financial Details

Annual Property Tax
$8,415
Tax Year 2021
Assessed Value
$625,200

Facts & Features

Home Facts

Type Residential Income
Style 5-9 Family
Year Built 1900
Living Area 4,087 sq ft
Lot Size 0.38 acres
Bedrooms 8
Full Baths 8
Total Rooms 12

Investment Metrics

Units 8
Unit 1 Rent $850/mo · N
Unit 2 Rent $900/mo · N
Unit 3 Rent $850/mo · N
Total Monthly Rent $2,600/mo
Gross Income $79,800
Net Operating Income $49,800
Operating Expenses $30,000
Water/Sewer Expense $3,000
Electric Expense $1,200
Insurance Expense $3,600
Cap Rate 6.43%
Heating Natural Gas
Cooling None
Flooring None
Appliances Range, Refrigerator
Fireplace None
Basement None
Laundry None
Features None
Construction None
Architecture None
Roof Slate
Features None
Pool None
Spa None
Fencing None
Patio/Porch Porch
Features Off Street
Total Spaces 20
Electric None
Water Public
Sewer Public Sewer
Gas None
Other None

Financial

Annual Tax $8,415
Assessed Value $625,200
Fee Includes None
Amenities None
Optional Fee Includes None
Seller Disclosures None
Possession None
Accepted Financing None
Structure Type []
House Color beige
Sq Ft Source Public Record
Documents None
County Middlesex
Total market time (incl. prior listings) 105 days

Property Overview

Property Type
5-9 Family
Listing Type
For Sale
Year Built
1900
Bedrooms
8
Full Bathrooms
8
Living Area
4,087 sq ft
Total Rooms
12
Stories
3
Levels
3

Room Details

Other Floor

Bathroom1
Bedroom5
Bedroom4
Bedroom3
Dining Room
Kitchen
Bathroom2
Bedroom2
Living Room
Bathroom3
Master Bedroom
Office
Family Room
Master Bathroom

Interior Features

Flooring:
Appliances: Range, Refrigerator
Interior Features:
Windows:
Basement:
Laundry:
Security:

Construction & Materials

Year Built: 1900
Structure Type:
Exterior Materials:
Roof: Slate
Foundation: Stone
Stories: 3

Heating, Cooling & Utilities

Heating: Natural Gas
Cooling: None
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features:
Patio & Porch: Porch
Fencing:
Other Structures:
Lot Features: Level
Road Surface:

Parking & Garage

Total Parking Spaces: 20
Parking Features: Off Street
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
E

Elementary Schools

10 schools
Community Christian Academy
0.4 mi
Grades PK-12
C
Bartlett Community Partnership School
0.5 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
St. Patrick School and Educational Center
0.7 mi
Grades PK-08
Hellenic American Academy
0.7 mi
Grades PK-08
B
Lowell Community Charter Public School
0.8 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
B
Rogers STEM Academy
0.9 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
Lowell Catholic School
0.9 mi
Grades PK-12
St. Jeanne D'Arc Elementary School
1.3 mi
Grades PK-08
Immaculate Conception School
1.4 mi
Grades PK-08
St. Michael Elementary School
1.6 mi
Grades PK-08
M

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
Laura Lee Therapeutic Day School
0.8 mi
15 students Diverse
Diverse Student Body
Grades 01-08
B+
James S Daley Middle School
1.1 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
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
C-
Benjamin F. Butler Middle School
1.4 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
C-
Henry J Robinson Middle School
1.9 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
James Sullivan Middle School
2.3 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
H

High Schools

4 schools
F
The Career Academy
0.3 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
Old Colony Y Lowell Revocation Program
0.8 mi
Grades 09-12
F
Lowell Middlesex Academy Charter School
1.0 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
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

173 Branch St, Lowell MA 01851

Lowell, MA 01851

Listing Information

Listing Agent Paul Brouillette
Listing Office LAER Realty Partners
Office Phone 978-251-8221
Agent MLS ID D0008773
Office MLS ID AN1199
Listing Data Updated Jan 28, 2022 2:01 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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