Active
27 Days on market
102 Fourth Ave Lowell — Photo 1 of 12

102 Fourth Ave Lowell — Photo 1 of 12

$1,350,000

102 Fourth Ave, Lowell, MA 01854

Lowell, MA 01854

Beds

6

Baths

6

SqFt

4,884

Style

5-9 Family

Built

1950

Exceptional opportunity to acquire a stabilized 6-unit multi-family in a strong Lowell rental market. The building features an easily manageable mix of six 1-bedroom, 1-bathroom units, a low-turnover layout that shows consistent cash flow. A major competitive advantage for tenant retention is the rare 7 off-street parking spaces, supplemented by on-street parking right out front. Optimized for a low-maintenance landlord experience, the units run on gas appliances (electric dryers) and boast proactively updated hot water tanks installed between 2017 and 2024. Turn-key properties with this level of operational efficiency are rare—don't miss your chance to add this high-performing asset to your portfolio!

Market Value Analysis

This Property
Size (SqFt) →Price →
This Property$276/sqft
Local Avg (Lowell)$245/sqft
13% AboveMarket Average

* Analysis is based on 24 actively listed and recently sold comparable properties strictly within Lowell, MA.

Property Details

Financials

Original Price$1,350,000
Annual Taxes$9,480

Parking

Garage0
Off-Street7

Interior Specifications

Total Rooms22
FireplacesNone
Flooring--
BasementInterior Entry, Unfinished

Climate & Utilities

Heating--
Cooling--
WaterPublic, Individual Meter
SewerPublic Sewer

Building & Exterior

Construction--
RoofRubber
FoundationStone
ZoningTTF

Property & Lot

Acres0.17
SqFt Lot7,405
Lot FeaturesLevel

Neighborhood

Public Transportation • Laundromat • University

Geography

Population

30,081

U.S. Census Bureau, ACS 2024 5-Year Estimates (B01003)

Median Household Income

$73K

U.S. Census Bureau, ACS 2024 5-Year Estimates (B19013)

Renter-Occupied Homes

62.2%

U.S. Census Bureau, ACS 2024 5-Year Estimates (B25003)

New Construction Permits — Middlesex County

2,667 housing units permitted in the last 12 months (-2% vs the prior 12 months) — 1,709 in 5+ unit buildings

U.S. Census Bureau, Building Permits Survey (through Jun '26)

Listing Provided By

Listing Agent: Shawn Mcguire

Listing Office: LAER Realty Partners

MLS® Number: 73563927

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