new - 6 days on rocket

185-224 Smith St, Lowell, MA, 01851

$3,450,000

50 Bedrooms
13 Full Baths
16,292 SqFt
$212/SqFt
Multi

Location

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Property Highlights

Home TypeMulti Family
ParkingPaved Drive, Off Street
Year Built1900
BasementYes
MLS #73311077
Lot Size0.26 Acres
StatusActive

About 185-224 Smith St

Exceptional investment opportunity! A total of 13 units across four well-maintained buildings, comprising eleven 4-bedroom units and two 3-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 191-193 Smith St, and a fourplex at 224-226-228 Smith St, with the fourth unit fronting 61 Shaw St. All properties are individually listed on MLS. 185 -187 Smith and 19-193 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. Off-street parking is available for 224 Smith St, with ample on-street parking for the others. These properties boast long-standing tenants and are expected to sell quickly.

Property Details

Property Features

Property Information:

  • Year Built: 1900
  • Living Area: 16,292 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: 13
  • Total Bedroom Count: 50

Exterior Features

Parking Information:

  • Parking: Paved Drive, Off Street

Lot Features

Lot Information:

  • Lot Size: 0.26 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: $3,450,000
  • Price Per SqFt: $212/SqFt
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Housing Market Comparison

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

Med. Sold Price

$468.9K

Med. Price/SqFt

$300

Avg. Days On Market

24

# of Sold Homes

64

185-224 Smith St vs Lowell

6 DAYS ON ROCKET

-18 Days

$3,450,000

+$2.9M More

$212/SqFt

-$88 Less

KEY TAKEAWAY

This property is $2.9M more than the Median Sold Price and $88/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: 11/17/2024, 9:20:48 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

$17.2K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$10.4K

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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-371571
6
/10
  • Abraham Lincoln

  • 300 Chelmsford St

  • 0.17 miles

  • Public District Grades PK-4

school-card-donut-371572
6
/10
  • Charles W Morey

  • 130 Pine St

  • 0.44 miles

  • Public District Grades PK-4

school-card-donut-371573
4
/10
  • Washington

  • 795 Wilder St

  • 0.50 miles

  • Public District Grades PK-4

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $56,250. The majority of Lowell, MA residents have income less than $35k annually. Most families are single, no kids. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

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Rocket HomesMassachusettsMiddlesex CountyLowell01851185-224 Smith St

This home is located at 185-224 Smith St in Lowell, MA and zip code 01851 in the Lower Highlands neighborhood. This 16,292 square foot home, which was built in 1900, sits on a 0.26 acre lot. Features: 50 bedrooms, 13 bathrooms. It has been listed on Rocket Homes since November 10, 2024 and is currently priced at $3,450,000.

Lowell, MA housing market in October 2024 saw over 45 listings sold above listed price, more than 2 sold at listed price and over 17 sold below. The inventory of homes for sale in Lowell, MA between September 2024 and October 2024 increased by 4%. Listings spent 24 days on the market in October 2024, and had a median list price of $468,906 during the same period.

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

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