5+ Family - 5+ Units Up/Down at 14-16 2nd Street, Lowell
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$1,650,000

14-16 2nd Street
Lowell, MA 01850
Listed by Brendan Conley
Bedrooms
12
Bathrooms
1
Living area
5,400 sqft
Year built
1880

About this home

RARE fully turnkey investment property with 6 fully de-leaded units with separated gas and electric utilities. With no driveway to plow in the winter or tenant utilities to pay for, operating expenses are manageable for this cash cow of a property. The property includes a list of recent updates including a newer roof, all new heating systems, updated plumbing, updated electrical, and a new sprinkler system installed in 2015. With 2 beds and 1 bath per unit, the property is poised for strong cash flow through stable and strong rents in these recently renovated units featuring updated bathrooms, kitchens, floors, and laundry hookups in the basement. This one is a strong buy and hold investment you won't want to miss!

Property details

MLS
MLS Property Information Network
MLS #
73598237
Property type
5+ Family - 5+ Units Up/Down
Subdivision
N/A
Status
Active
Days on market
1
On market date
November 3, 2026
Stories
5
Total bathrooms
1
Garage spaces
N/A
Parking spaces
N/A
Lot size
0.09 acres
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Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card.

Elementary
Greenhalge
0.61 mi away · Grades -1-4
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
465
Student:teacher ratio
12.2:1
District
Lowell
Middle
Henry J Robinson Middle
0.65 mi away · Grades 5-8
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
635
Student:teacher ratio
13.2:1
District
Lowell
High
Lowell High
0.44 mi away · Grades 9-12
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
3,056
Student:teacher ratio
14.0:1
District
Lowell

Walkability

Blended score for Lowell's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

88
Highly walkable
out of 100
EPA National Walkability Index
15.8 / 20 -- Most walkable
Google Places amenity density
100 / 100
Restaurants & cafes20
Grocery stores20
Parks20
Schools20
Transit stops20
Pharmacies5

Market position

How this listing compares to current activity in Lowell, from live MLS data.

On the market 1 days -- 99 fewer days than Lowell's current average of 100 days.
For reference, the median list price across 625 active listings in Lowell right now is $379,900.

Mortgage calculator

Estimate only - actual rate and payment depend on your lender, credit, and loan program.

Adjust tax / insurance estimates
Est. monthly payment
$10,086/mo
$330,000 down
$1,320,000 loan
Principal & interest$8,561
Property tax (est.)$1,375
Home insurance (est.)$150

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Data source: Listing information provided by MLS Property Information Network. Last updated 2 days ago.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.