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Fantastic opportunity for the savvy investor! This 9-unit investment property consists of two buildings situated on one lot: a two unit building plus a larger building containing seven additional units. An excellent opportunity for a 1031 exchange or for an investor looking to add a substantial income producing property to their portfolio. Current rents support approximately an 8.5% cap rate.The property consists of five 2-bedroom units, two 1-bedroom units, one 4-bedroom unit, and one commercial space, currently occupied by a hair salon. The property benefits from a strong history of long term tenancy, with some tenants having occupied their units for as long as 25 years. Additional improvements include updated furnaces and water heaters. The seller has Letters of Lead Compliance and has also had the locks keyed so that one key provides access throughout the property, simplifying management. An added bonus is a large workshop/office space designated exclusively for owner access, providing valuable space for property management, storage, maintenance supplies, or a private workspace. A massive parking lot with approximately 15 parking spaces provides ample off-street parking for tenants and the commercial space. A rare opportunity to acquire a sizable, established rental property with strong income potential. Call today to schedule your private showing!

More Info

Basic Information

  • Gross Income $203,700
  • Lot Features Corner Lot
  • Mls StatusNew
  • Parcel Number M:204 B:55 L:5
  • Rent Includes Unit 1(Water), Unit 2(Water), Unit 3(Water)

Tax Information

  • Tax Assessed Value $915,200
  • Tax Year 2025
  • Taxes$10,506

Parking

  • Parking Features Off Street
  • Parking Spaces15

Rooms

  • Bathroom9
  • Bathrooms Total Decimal 9
  • Bedrooms14
  • Full Bath9

Basic Information

  • List Price$2,199,999
  • MLS Number73577771
  • Modification Date09/16/2026
  • Property SubType5-9 Family

Location

  • Address3-13 Agawam Street
  • Building Number3-13
  • CountyMiddlesex
  • StateMA
  • StreetAgawam Street
  • TownLowell
  • Zip01852

Building

  • BasementFull
  • Building Area Units Square Feet
  • Construction Materials Frame
  • FoundationStone
  • Levels 6
  • Patio And Porch Features Deck
  • Rooms36
  • Stories6
  • Units9
  • Year Built1937
  • Year Built Details Actual
  • Year Built Source Public Records

Property

  • Acreage0.21

Interior

  • Flooring Tile, Carpet, Hardwood
  • Interior Features Living Room, Kitchen

Exterior

  • RoofShingle, Rubber

Utilities

  • Electric Circuit Breakers
  • Heat SystemYes
  • Heating Natural Gas
  • Sewer Public Sewer
  • Water Source Public

Property Information

  • Building Area Source Public Records
  • Living Area 7,565
  • Lot Size Square Feet 9,148
  • Lot Size Units Acres
  • Square Feet7,565

Amenities

  • Other AmenitiesBasement

Other

  • Date Listed09/16/2026
  • Farm Land Area Units Square Feet

Map Location

Driving Directions

Listed by Kelli Gilbride of Foundation Brokerage Group

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