23 Ralph St, Lowell MA 01851
Lowell, MA 01851
$595,000
Est. $3,167/month
About this home
Great opportunity for both investors and owner-occupants! This property offers a solid 7.8% Cap Rate with 2 tenants-at-will and 1 vacant 1-bedroom unit. Features include vinyl windows, vinyl siding, and off-street parking for two cars. The second and third units share a heating system. Enjoy a fenced yard and the flexibility of either purchasing as an owner-occupied home or a rental investment.
Sale Statistics
Sale Overview
Original List Price:
$649,900
Final Sale Price:
$595,000
Difference:
$54,900 (-8.4%)
Performance Metrics
91.6%
List to Sale Ratio
Sold below asking price
28
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft:
$198
Sale $/sq ft:
$181
This property sold for $181 per square foot
Sale Summary
This property sold for 8.4% below the original asking price.
With only 28 days on market, this was a quick sale compared to typical market conditions.
Facts & Features
Property Overview
Property Type
3 Family
Property Category
Residential Income
Year Built
1900
Bedrooms
7
Full Bathrooms
3
Living Area
3,288 sq ft
Total Rooms
13
Stories
3
Levels
3
Interior Features
Has Fireplace
No
Appliances
Range, Refrigerator
Exterior & Structure
Roof
Shingle
Foundation
Stone
Patio/Porch Features
Porch
Fencing
Fenced
Has Spa
No
Waterfront Property
No
Lot & Land
Lot Size
0.07 acres
Lot Size
3,049 sq ft
Lot Size Area
0.0700
Parking & Garage
Has Garage
No
Total Non-Garage Parking Spaces
2
Parking Features
Paved Drive, Off Street
Utilities & Systems
Water Source
Public
Sewer
Public Sewer
Community & HOA
Senior Community
No
Financial & Tax Information
Annual Tax Amount
$6,753
Tax Year
2024
Tax Assessed Value
$567,000
Parcel Number
M:141 B:4825 L:23,3185658
Zoning
TTF
Additional Details
Year Built Source
Public Records
Year Built Details
Approximate
Location
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Neighborhood
23 Ralph St, Lowell MA 01851
Lowell, MA 01851
Walkability
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Schools
Elementary School
Abraham Lincoln
Middle School
Kathryn P. Stok
High School
Lowell
Monthly Payment Calculator
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Estimated Monthly Payment
$0
Payment Breakdown
Principal & Interest
$0
Property Tax
$563
Homeowners Insurance
$200
PMI
$0
Property History
Market Insights
0.8%
Price Range
29
Total Days on Market
Property Timeline
Sold
Feb 28, 2025
$595,000
Property sold
Days on Market: 29
Listed for Sale
Dec 24, 2024
$599,900
Original listing
Agent: Paul Brouillette
Office: LAER Realty Partners
| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 02/28/2025 | ✓ Sold | $595,000 | - | - | Property sold |
| 12/24/2024 | 🏠 Listed for Sale | $599,900 | - | - | Original listing |