Great opportunity for the buyer of this fully tenanted four-family in the Highlands. All four units currently occupied, two on leases and two are TAW, with a total monthly rent roll of $6990.00. All units are separately metered and tenants are responsible for payment of own electric, heat, hot water and cooking. Unit electric panels and hot water tanks are in the basement. Each unit has its own heating system(s). This is a well maintained property by an active owner, therefore no deferred maintenance. Three units are lead compliant w/certificates of deleading in hand. Location is on public transit and within a short distance of all area amenities. This is a solid property with a strong rental history and rents. Two long-term tenants of approx. 10 years.
Multi-familyProperty Type
1900Year Built
4,792 sq ftLot Size
$262Est. Price/Sq.Ft.
4 spacesParking
Listed by Brian Donoghue• Universal Property Management
THIS 4 FAM IS OWNER OCCUPIED AND WELL MAINTAINED,SHOWS WELL, VERY NICE OWNERS UNIT 6/3/1,MANY THERMO WINDOW,NEW ROOF, PAVED DRIVEWAY,FENCED YARD,SEPARATE UTILITIES,NEARLY 5,000 SQ.FT. LOT,2 PORCHES,LIVE ECONOMICALLY RENTS PAY MORTGAGE.
Year
Property tax
Land + Additions
Assessment*
2025
$6,902 (+0.7%)
$118,400 + $482,800
$601,200
2024
$6,852 (−1.6%)
$110,700 + $464,600
$575,300
2023
$6,965 (+16.7%)
$96,200 + $464,600
$560,800
2022
$5,969 (+7.2%)
$76,000 + $394,400
$470,400
2021
$5,568 (+0.7%)
$66,100 + $347,600
$413,700
2020
$5,527 (+20.3%)
$66,100 + $347,600
$413,700
2019
$4,595 (+3.4%)
$62,900 + $264,400
$327,300
2018
$4,442 (+10.1%)
$59,900 + $248,800
$308,700
2017
$4,036
$58,100 + $212,400
$270,500
2016
$4,037 (+25.2%)
$53,900 + $212,400
$266,300
2015
$3,224 (+5.2%)
$53,900 + $154,400
$208,300
2013
$3,065 (−0.3%)
$64,700 + $139,500
$204,200
2012
$3,075 (−1.8%)
$68,700 + $139,500
$208,200
2011
$3,132 (−11.7%)
$72,800 + $146,700
$219,500
2010
$3,546 (+2.9%)
$74,400 + $192,800
$267,200
2009
$3,446
$85,600 + $209,400
$295,000
Tax history for 103 Powell St
Year
Property tax
Land + Additions
Assessment*
2025
$6,902 (+0.7%)
$118,400 + $482,800
$601,200
2024
$6,852 (−1.6%)
$110,700 + $464,600
$575,300
2023
$6,965 (+16.7%)
$96,200 + $464,600
$560,800
2022
$5,969 (+7.2%)
$76,000 + $394,400
$470,400
2021
$5,568 (+0.7%)
$66,100 + $347,600
$413,700
2020
$5,527 (+20.3%)
$66,100 + $347,600
$413,700
2019
$4,595 (+3.4%)
$62,900 + $264,400
$327,300
2018
$4,442 (+10.1%)
$59,900 + $248,800
$308,700
2017
$4,036
$58,100 + $212,400
$270,500
2016
$4,037 (+25.2%)
$53,900 + $212,400
$266,300
2015
$3,224 (+5.2%)
$53,900 + $154,400
$208,300
2013
$3,065 (−0.3%)
$64,700 + $139,500
$204,200
2012
$3,075 (−1.8%)
$68,700 + $139,500
$208,200
2011
$3,132 (−11.7%)
$72,800 + $146,700
$219,500
2010
$3,546 (+2.9%)
$74,400 + $192,800
$267,200
2009
$3,446
$85,600 + $209,400
$295,000
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Beds
7
Baths
4
Stories
2
Lot width
—
Lot depth
—
Lot size
4,792 Sq. Ft.
Year renovated
—
Sq. Ft.
3,557
Year built
1900
Style
Multi-Family (5+ Unit)
County
Middlesex County
APN
3183861
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 16, 2026.
TMF
Traditional Neighborhood Multi-Family District
Traditional Neighborhood Residential Districts are designed to preserve, promote, and enhance the pedestrian-scale character of Lowell’s historic residential neighborhoods. All three encourage moderately-sized lots and prohibit large-scale developments. The TSF district emphasizes single-family homes, the TTF district also allows two-family homes, while the TMF also allows three-family homes and up to 6-unit multi-family developments by special permit. To encourage neighborhood stability and owner-occupancy, special provisions are provided for single-family developments in the TTF and TMF zones.
Permitted uses
Include but are not limited to:
Religious facility
Day care facility
Housing-Single unit
Housing-Multiple units
Housing-Senior
Mixed use
Public service
Educational/school
Library
Museum / gallery
Property details
Parking
Parking Information
Has Open Parking
Parking Spaces: 4
Parking Features: Paved Drive, Off Street, Driveway, Paved
Interior
Bathroom Information
# of Bathrooms (Full): 4
Basement Information
Basement: Unfinished
Interior Features
# of Rooms (Total): 17
Flooring: Varies
Unit #1 Information
# of Levels: 1
# of Floors: 1
Lease: N
Unit #2 Information
# of Levels: 1
# of Floors: 2
Lease: Y
Unit #3 Information
# of Levels: 1
# of Floors: 1
Lease: N
Unit #4 Information
# of Levels: 1
# of Floors: 2
Lease: Y
Exterior
Building Information
Building Area (Total): 3,557
Construction Materials: Frame
Stories (Total): 4
Year Built Source: Public Records
Year Built Details: Renovated Since,Unknown/Mixed
Color: Grey
Lead Paint: Certified Treated
Exterior Features
Roof: Shingle, Rubber
Patio And Porch Features: Porch, Enclosed, Deck
Property Information
PropertySubType: 4 Family - 4 Units Up/Down
Lot Information
Lot Size (Acres): 0.11
Lot Features: Level
Road Frontage Type: Public
Financial
Tax Information
Tax Annual Amount: $6,852
Tax Year: 2024
Utilities
Utility Information
Utilities: Varies per Unit
Sewer: Public Sewer
Water Source: Public
Electric: Circuit Breakers
Heating & Cooling
Heating Units: 4
Cooling Units: 0
Location
Location Information
Directions: Chelmsford Street to Powell Street. Property is on the left just before the Smith Street fork.
UnparsedAddress: 103 Powell Street, Lowell MA 01851
Community Information
Senior CommunityYN: No
Community Features: Public Transportation, Shopping, Medical Facility, Laundromat, Highway Access, House of Worship, Private School, Public School, T-Station, University
Public facts
Beds: 7
Baths: 4.0
Sq. Ft.: 3,557
Stories: 2.0
Lot Size: 4,792 square feet
Style: Multi-Family (5+ Unit)
Year Built: 1900
Year Renovated: —
County: Middlesex County
APN: 3183861
Home facts updated by county records on Jul 16, 2026
Other
Listing Information
Exclusions: Tenant Belongings. All Laundry Machines Are Property Of Tenants.
StandardStatus: Closed
Around this home
Schools
Abraham Lincoln Elementary School
Public PreK-4 • Assigned • 0.2mi
6/10
Laura Lee Therapeutic Day School
Public 5-8 • Assigned • 0.3mi
6/10
Lowell High School
Public 9-12 • Assigned • 1.4mi
4/10
Rogers STEM Academy
Public K-8 • Assigned • 0.9mi
5/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
5/10 Heat Factor
7 days above 96° expected this year, 16 days in 30 years
6/10 Wind Factor
27% chance of strong winds in next 30 years
3/10 Air Factor
2 unhealthy days expected this year, 3 days in 30 years
Provided by First Street
Historical weather
Lowell, MA • 01851
Average low and high temperatures (°F)
33
17
36
19
51
30
61
39
69
49
81
60
86
64
82
58
77
54
65
43
52
34
38
22
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 9.1 hours in
June and 4.4 hours in December, placing it below the
U.S. average for solar exposure.