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5 Unit Mixed Use Building near UMASS Lowell and within walking distance to many amenities. The property has been well maintained and updated and has plenty of off street parking. The first floor retail space also has a kitchen area with 2 walk-in coolers, 1 walking freezer, and pizza ovens. Two 3-Bedroom updated apartments are above the commercial space. The adjacent 2 residential units each have 1 bedroom. Unit 4 has access to the basement and laundry hookups. Unit 5 has a walkup attic with 2 semi finished rooms. All units have separate utilities as well as washer /dryer hookups. Letters of Initial Lead Inspection Compliance attached in documents for download. Business/Cote's market name, equipment and inventory included in the sale. Plenty of off street parking included.

More Info

Basic Information

  • Gross Income $108,000
  • Mls StatusActive
  • Rent Includes Unit 2(Water), Unit 3(Water), Unit 4(Water)

Tax Information

  • Tax Assessed Value $908,600
  • Tax Year 2025
  • Taxes$15,642

School Information

  • Elementary SchoolLps
  • High School Lps, Gltech, Iacs
  • Junior HighLps

Parking

  • Open Parking YN Yes
  • Parking Features Paved Drive, Off Street
  • Parking Spaces10

Rooms

  • Bathroom5
  • Bathrooms Total Decimal 4.5
  • Bedrooms8
  • Full Bath4
  • Half Baths1

Basic Information

  • List Price$1,300,000
  • MLS Number73455756
  • Modification Date01/11/2026
  • Property SubType5+ Family - 5+ Units Up/Down

Location

  • Address169-171 Salem Street
  • Building Number169-171
  • CountyMiddlesex
  • StateMA
  • StreetSalem Street
  • TownLowell
  • Zip01854

Building

  • BasementPartial
  • Building Area Units Square Feet
  • Construction Materials Frame
  • FoundationStone
  • Levels 5
  • Patio And Porch Features Porch
  • Rooms23
  • Stories5
  • Units5
  • Year Built1900
  • Year Built Details Actual
  • Year Built Source Public Records

Property

  • Acreage0.21

Interior

  • Flooring Vinyl, Carpet, Hardwood
  • Interior Features
    • Kitchen
    • Laundry Room
    • Living Room
    • Office/Den
    • Upgraded Cabinets
    • Upgraded Countertops

Exterior

  • Exterior Features Balcony/Deck
  • RoofShingle, Slate, Rubber

Utilities

  • Cooling Ductless, Central Air
  • Cooling YN Yes
  • Electric Circuit Breakers
  • Heat SystemYes
  • Heating Central, Ductless, Forced Air, Electric
  • Sewer Public Sewer
  • Water Source Public

Property Information

  • Building Area Source Public Records
  • Living Area 7,178
  • Lot Size Square Feet 9,081
  • Lot Size Units Acres
  • Square Feet7,178

Amenities

  • Amenities
    • House of Worship
    • Laundromat
    • Medical Facility
    • Park
    • Public Transportation
    • Shopping
    • University
  • Appliances IncludedRange, Refrigerator
  • Other AmenitiesBasement

Other

  • Date Listed11/18/2025
  • Farm Land Area Units Square Feet
  • View Count6

Map Location

Driving Directions

Listed by Raymond Boutin of RE/MAX Innovative Properties

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