
102 Fourth Ave Lowell — Photo 1 of 12
$1,350,000
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!
* Analysis is based on 24 actively listed and recently sold comparable properties strictly within Lowell, MA.
Public Transportation • Laundromat • University
30,081
U.S. Census Bureau, ACS 2024 5-Year Estimates (B01003)
$73K
U.S. Census Bureau, ACS 2024 5-Year Estimates (B19013)
62.2%
U.S. Census Bureau, ACS 2024 5-Year Estimates (B25003)
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 Agent: Shawn Mcguire
Listing Office: LAER Realty Partners
MLS® Number: 73563927
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