1 month on rocket

185-193 Smith St, Lowell, MA, 01851

$2,355,000

Home List Price

$10,000*

Closing Credit

36 Bedrooms
9 Full Baths
11,685 SqFt
$202/SqFt
Multi

Location

Image provided by Mapbox

Get An Agent. Get A Mortgage.

Save BIG.

Rocket Homes logo

185-193 Smith St, Lowell$2,355,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

Rocket Homes logo

Still Have Questions? Contact Us.

Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeMulti Family
ParkingPaved Drive, Off Street
Year Built1900
BasementYes
MLS #73311077
Lot Size0.17 Acres
StatusActive
(Back on Market)

About 185-193 Smith St

Exceptional investment opportunity! Cap Rate 7.56%. A total of 9 units across three well-maintained buildings, comprising nine 4-bedroom units. The package deal includes a triplex at 185-187 Smith St with major renovations completed in 2018, another triplex at 189-191 Smith St, a third triplex at 193-195 Smith St. All properties are individually listed on MLS. 185 Smith and 195 Smith buildings are on registered land. Features include long-term tenants, units furnished with stoves and refrigerators, and individual laundry rooms in the buildings at 185, 189, and 193 Smith St. with ample on-street parking. These properties boast long-standing tenants and are expected to sell quickly.

Property Details

Property Features

Property Information:

  • Year Built: 1900
  • Living Area: 11,685 SqFt

Listing Office:

  • Office Name: LAER Realty Partners
  • Office Phone: (978) 251-8221
  • Listing Agent: Paul Brouillette

Interior Features

Interior Information:

  • Appliances: Range, Refrigerator
  • Basement: Yes
  • Interior: Living Room, Kitchen, Laundry Room

Bedroom and Bathroom Information:

  • Full Bathrooms: 9
  • Total Bedroom Count: 36

Exterior Features

Parking Information:

  • Parking: Paved Drive, Off Street

Lot Features

Lot Information:

  • Lot Size: 0.17 Acres

Other

Directions Information:

  • Directions: Rte. 110/Chelmsford St to Liberty St to Left on Smith St

Price Information

Listing Price Info

Price Summary:

  • List Price: $2,355,000
  • Price Per SqFt: $202/SqFt
House and calculator

What can I afford?

Understand what home price range makes sense for your budget.

Housing Market Comparison

See how this home compares to others in Lowell, MA.

Map thumbnail provided by MapBox

Lowell, MA

City

Med. Sold Price

$471.4K

Med. Price/SqFt

$302

Avg. Days On Market

32

# of Sold Homes

72

185-193 Smith St vs Lowell

40 DAYS ON ROCKET

+8 Days

$2,355,000

+$1.8M More

$202/SqFt

-$100 Less

KEY TAKEAWAY

This property is $1.8M more than the Median Sold Price and $100/SqFt less than other homes in Lowell, MA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MLS Property Information Network
  • MLS Number: #73311077

Listing Office:

  • Office Name: LAER Realty Partners
  • Office Phone: (978) 251-8221
  • Listing Agent: Paul Brouillette

IDX Disclaimer: The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. We may make use of information provided by users of this website - see our Terms of Use for more details on our privacy policy.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/21/2024, 10:20:51 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$11.8K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$7,127

Powered By

Rocket Mortgage

NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-691054
6
/10

  • Abraham Lincoln

  • 300 Chelmsford St

  • 0.17 miles

  • Public District Grades PK-4

school-card-donut-691055
6
/10

  • Charles W Morey

  • 130 Pine St

  • 0.44 miles

  • Public District Grades PK-4

school-card-donut-691056
4
/10

  • Washington

  • 795 Wilder St

  • 0.50 miles

  • Public District Grades PK-4

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $56,250. The most common annual income of people living in Lowell, MA is less than $35k. Most families are single, no kids. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Rocket Homes›Massachusetts›Middlesex County›Lowell›01851›185-193 Smith St

This home is located at 185-193 Smith St in Lowell, MA and zip code 01851 in the Lower Highlands neighborhood. This 11,685 square foot home, which was built in 1900, sits on a 0.17 acre lot. Features: 36 bedrooms, 9 bathrooms. It has been listed on Rocket Homes since November 10, 2024 and is currently priced at $2,355,000.

In November 2024, from all listings sold in Lowell, MA there were more than 42 sold above asking price, over 22 sold below and more than 8 were sold right at the asked price. The number of listings in Lowell, MA decreased by 15.1% between October 2024 and November 2024. The median list price of listings available in November 2024 was $471,400, while the average time on the real estate market was 32 days.

From Rocket Homes Real Estate and based on county public records data.

More Resources