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116-118 Walker St contains one (1) 3-Bedroom/1-Bathroom unit, one (1) 2+Bedroom/2-Bathroom unit, and three (3) 1-Bedroom/1-Bathroom units with 3,832 square feet of gross living area in 5,627 square feet of gross area. The Property is situated upon a 0.09-acre parcel and features three (3) sets of tandem parking spaces, capable of fitting up to six (6) cars. Tenants are responsible for heat and individually metered electricity. The Landlord provides city water & sewer. The Property is strategically located in Lowell, offering convenient access to the city's downtown amenities and UMASS Lowell. The building has a current cap rate of 7.23%.

More Info

Basic Information

  • Gross Income $91,680
  • Lot Features Other
  • Mls StatusUnder Agreement
  • Rent Includes Unit 1(Water), Unit 2(Water), Unit 3(Water), Unit 4(Water)

Tax Information

  • Tax Assessed Value $736,100
  • Tax Year 2026
  • Taxes$8,355

Parking

  • Parking Features Off Street
  • Parking Spaces6

Rooms

  • Bathroom6
  • Bathrooms Total Decimal 6
  • Bedrooms8
  • Full Bath6

Basic Information

  • List Price$900,000
  • MLS Number73497654
  • Modification Date05/16/2026
  • Property SubType5+ Family - 5+ Units Up/Down
  • Purchase Contract Date05/16/2026

Location

  • Address116-118 Walker Street
  • Building Number116-118
  • CountyMiddlesex
  • StateMA
  • StreetWalker Street
  • TownLowell
  • Zip01854

Building

  • Building Area Units Square Feet
  • FoundationOther
  • Levels 5
  • Rooms18
  • Stories5
  • Units5
  • Year Built1900
  • Year Built Details Approximate
  • Year Built Source Public Records

Property

  • Acreage0.09

Exterior

  • RoofSlate

Utilities

  • Electric Individually Metered
  • Electric Expense 793
  • Sewer Public Sewer
  • Water Source Public

Property Information

  • Building Area Source Public Records
  • Living Area 3,832
  • Lot Size Square Feet 3,920
  • Lot Size Units Acres
  • Square Feet3,832

Amenities

  • Amenities
    • Golf
    • Highway Access
    • House of Worship
    • Laundromat
    • Medical Facility
    • Park
    • Pool
    • Private School
    • Public School
    • Public Transportation
    • Shopping
    • T-Station
    • Tennis Court(s)
    • University
    • Walk/Jog Trails
  • Other AmenitiesGolf, Tennis

Legal

  • ZoningTMF

Other

  • Date Listed04/08/2026
  • Farm Land Area Units Square Feet
  • View Count4

Map Location

Driving Directions

Listed by Spencer Norton of Horvath & Tremblay

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