60-62 W. Third Street, Lowell MA 01850

Lowell, MA 01850 • Centralville
$1,300,000
Est. $6,919/month
15
Beds
5
Baths
6,909
Sq Ft
$188
Price/Sq Ft
0.15
Acres
1940
Year Built
5+ Family - 5+ Units Up/Down
Type
11
Days on Market
Closed Listed Sep 27, 2025 • MLS# 73215595

About this home

UNIQUE PACKAGE DEAL: Unique investment opportunity to purchase adjacent, multiple properties AND a 10 car paved, parking lot. This property has been owned by the same family for the past 50 years. There is a 3 family and a 2 family for a total of 5 apartments with 15-20 bedrooms. There is parking for 10 vehicles plus a permit for onstreet parking. All apartments have at least 3 bedrooms (although some show as a 4 bed) and include a full bath, in unit washer/dryer hookup, spacious kitchen/dining with appliances, a living room and a storage area. All units are rented except Apartment 1 which was owner-occupied and could use some cosmetic updates. Great rental history for both buildings. Tenants are responsible for heat and electricity. Convenient to the University, shopping and commuter lines. Apt. 1 is immediately available for showings. Schedule your showing today.

Sale Statistics

Sale Overview
Original List Price: $1,300,000
Final Sale Price: $1,300,000
Difference: +$0 (+0.0%)
Performance Metrics
100.0%
List to Sale Ratio
Sold at asking price
11
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft: $188
Sale $/sq ft: $188
This property sold for $188 per square foot
Sale Summary

This property sold exactly at the asking price.

With only 11 days on market, this was a quick sale compared to typical market conditions.

Facts & Features

Property Overview

Property Type
5+ Family - 5+ Units Up/Down
Property Category
Residential Income
Year Built
1940
Bedrooms
15
Full Bathrooms
5
Living Area
6,909 sq ft
Total Rooms
30
Stories
3
Levels
3

Interior Features

Heating
Forced Air, Natural Gas
Has Heating
Yes
Cooling
None, Central Air
Has Cooling
No
Has Fireplace
No
Appliances
Range, Dishwasher, Refrigerator
Interior Features
Bathroom With Tub & Shower, Living Room, Dining Room, Kitchen
Laundry Features
Washer & Dryer Hookup, Electric Dryer Hookup
Basement Details
Full

Exterior & Structure

Construction Materials
Frame
Roof
Rubber
Foundation
Concrete Perimeter, Stone
Exterior Features
Balcony/Deck
Fencing
Fenced
Has Spa
No
Waterfront Property
No

Lot & Land

Lot Size
0.15 acres
Lot Size
6,509 sq ft
Lot Size Area
0.1500
Road Frontage Type
Public

Parking & Garage

Has Garage
No
Total Non-Garage Parking Spaces
11
Parking Features
Paved Drive, Off Street, Paved

Utilities & Systems

Utilities Available
for Gas Range, for Electric Dryer
Water Source
Public
Sewer
Public Sewer
Electric
Circuit Breakers

Community & HOA

Community Features
Public Transportation, Shopping, Laundromat, University
Senior Community
No

Financial & Tax Information

Annual Tax Amount
$12,429
Tax Year
2024
Tax Assessed Value
$944,000
Tax Lot
60
Tax Block
6050
Tax Map Number
176
Zoning
TTF
Financial Data Source
Accountant

Additional Details

Year Built Source
Public Records
Year Built Details
Actual

Location

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Neighborhood

Centralville

60-62 W. Third Street, Lowell MA 01850

Lowell, MA 01850

Walkability

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Schools

School information not available

Monthly Payment Calculator

%
%
Estimated Monthly Payment $0

Payment Breakdown

Principal & Interest $0
Property Tax $1,036
Homeowners Insurance $200
PMI $0

Property History

Market Insights

12
Total Days on Market

Property Timeline

Sold
May 23, 2024
$1,300,000
Property sold
Days on Market: 12
🏠
Listed for Sale
Mar 22, 2024
$1,300,000
Original listing
Agent: Katie Johnson Office: East Key Realty

Price & Status History

Date Event Price Change
Mar 22, 2024 New Listing Added $1,300,000

Market Statistics

Days on Market
11 days
Price per Sq Ft
$188

Tax History

Year Taxes Assessment
2024 $12,429 $944,000

Financial Details

Annual Property Tax
$12,429
Tax Year 2024
Assessed Value
$944,000

Listing Information

Listing Agent Katie Johnson
Listing Office East Key Realty
Agent MLS ID CT000756
Office MLS ID AN5323

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