Exceptional mixed-use opportunity in the heart of Downtown Lowell. This four-story property has been thoughtfully renovated within the last five years, offering a turnkey acquisition for investors or owner-occupants. Major capital updates include a new rubber roof, plumbing, electrical, and heating systems. All units feature the comfort of FHA and Central AC. The residential units shine with new hardwood flooring, fresh paint, and modern kitchens featuring white cabinetry and stainless steel appliances. You will find great natural light in the open-concept living and dining areas along with convenient laundry hook-ups in the basement. The first floor features a prime retail space with excellent visibility. This commuter-friendly location is just minutes from the Lowell Connector and MBTA Commuter Rail. Residents enjoy easy access to nearby municipal parking garages, dining, theater, parks, and schools. Perfect for portfolio building or a savvy buyer.
Multi-familyProperty Type
1940Year Built
4,355 sq ftLot Size
$183Price/Sq.Ft.
Listed by Michelle Rivera• eXp Realty LLC - Corporate Office
Back Central, located between Downtown Lowell and the Pawtucketville neighborhood, is a residential and historic Lowell neighborhood with brick mill-era streetscapes and pocket parks. The neighborhood’s character concentrates around the bustle of Central Street near Lucy Larcom Park, where corner markets, takeout counters, and small storefronts set a lived-in rhythm. Community touchstones include the Lowell Memorial Auditorium, the Lowell National Historical Park visitor areas, and the Brush Art Gallery & Studios. Triple-deckers and compact multifamily blocks define much of the housing fabric, with older civic buildings punctuating the grid. The Merrimack Riverwalk and canal paths add a linear outdoor corridor that threads the area into the city’s mill landscape. Downtown’s theaters, galleries, and cafes sit just beyond the neighborhood edge for a culture-forward routine.
Provided by Walk Score and Local Logic
Offer insights
18 Appleton · $925,000
$925K and above
75% chance or better to win
Why $925K+ is a strong offer
DAYS ON MARKET
150 days
The average home goes pending in 23 days.
SALE-TO-LIST
99.6%
Most homes are selling 0% below list price.
About offer insights
Property details
Interior
Exterior
Finance
Kitchen
Bathroom
Bedroom
Interior features
Kitchen
Living room / Dining room combo
Office / Den
Total of 13 rooms
Full, unfinished basement with interior entry and concrete floor
Bedrooms
Three separate units (each has 1 level): Unit 1 (2 floors), Unit 2 (3 floors), Unit 3 (4 floors)
Bathrooms
3 full bathrooms
2 half bathrooms
Kitchen
Range
Dishwasher
Microwave
Refrigerator
Laundry & utility
Utilities provided for electric range
Flooring
Hardwood floors
Heating & cooling
Forced air heating
Central air conditioning
Exterior features
Deck
Public road frontage
Public transportation, shopping, park, medical facility, highway access, house of worship, public school, T-Station nearby
Home design
3-family, up/down configuration
4 total stories
Blue exterior
Parking
Open common parking available (some spaces available for purchase)
Construction
Brick construction
Stone foundation
Rubber roof
Built (year per public records)
Utilities
Public water
Public sewer
Electric with circuit breakers
HOA & community
Not a senior community
Financial info
Multifamily investment: 3-unit property (3 units up/down)
Other
Tenant personal property excluded from sale
Electricity and solar
View estimated energy costs and solar savings for this home
4 Unit Mixed Use Downtown Package Deal. Four Condominiums fully occupied within walking distance to many amenities. The property has been well maintained and updated. The first floor has an updated commercial space with offices and meeting rooms. The 2nd floor has 2 bedrooms as do the 3rd and 4th floors. All units have FHA and Central AC. Unit 1 listed as commercial unit per the Assessor Records. Units 2, 3 and 4 are residential units. The 3rd floor has Letter of Full Initial Lead Compliance.
As the MLS and public records start to fill up, we'll list the details here.
Public record
Public record
Zoning
Beds
—
Baths
—
Stories
—
Lot width
—
Lot depth
—
Lot size
—
Year renovated
—
Finished Sq. Ft.
—
Unfinished Sq. Ft.
—
Total Sq. Ft.
—
Year built
—
Style
Multi-Family (2-4 Unit)
County
Middlesex County
APN
M:179 B:195 L:18 U:A14,4227958
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on May 29, 2023.
UMU
DOD
Urban Mixed-Use District
Urban Retail and Mixed Use Commercial Districts promotes the vitality of Lowell’s historic downtown. The DMU is designed to promote a vibrant urban environment in the heart of Downtown Lowell. The UMU district focuses on revitalizing the commercial areas in the urban neighborhoods near downtown.
Zone overlays
Permitted uses
Include but are not limited to:
Day care facility
General retail
Restaurant
Housing-Senior
Housing-Other
Hotel / motel
Mixed use
Office
Public service
Theater / performing arts facility
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
8 days above 96° expected this year, 17 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 • 01852
Average low and high temperatures (°F)
33
17
36
19
51
30
60
39
69
50
81
60
86
65
82
58
76
54
64
43
52
34
38
22
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
89/ 100
Very good sunlight
Sunscore
This home ranks in the top 26% for direct sun exposure in Lowell. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
11.2 hrs
5.6 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 18 Appleton
$897,189
$28K under list price of $925K
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $713K to $770K.