Fully occupied 8 unit investment property with great cash flow. Building needs work and updating. Newer roof. Two heating systems for all units are in good working order. Includes all appliances. (5 refrig/5 stoves). Units are a mix of 1 br and studio apts. 5 Off-street parking spaces. Rents are $450, $450, $450, $560, $650, $650, $650, and $675. Present monthly cash flow is $4,535. This is a great investment property with even more future potential once new owner has completed renovations.
*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
6
Baths
6
Stories
3
Lot width
—
Lot depth
—
Lot size
3,485 Sq. Ft.
Year renovated
—
Sq. Ft.
3,124
Year built
1900
Style
Multi-Family (5+ Unit)
County
Middlesex County
APN
3187600
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 16, 2026.
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
Property details
Parking
Parking Information
Has Open Parking
Parking Spaces: 5
Parking Features: Paved Drive, Off Street
Interior
Bathroom Information
# of Bathrooms (Full): 6
Basement Information
Basement: Full
Interior Features
# of Rooms (Total): 15
Unit #1 Information
# of Levels: 1
# of Floors: 1
Lease: N
Unit #2 Information
# of Levels: 1
# of Floors: 1
Lease: N
Unit #3 Information
# of Floors: 1
Lease: N
Unit #4 Information
# of Floors: 2
Lease: N
Exterior
Building Information
Building Area (Total): 3,416
Foundation Details: Stone
Stories (Total): 3
Year Built Source: Public Records
Year Built Details: Approximate
Color: Red
Exterior Features
Roof: Shingle
Patio And Porch Features: Porch
Property Information
PropertySubType: 5-9 Family
Lot Information
Lot Size (Acres): 0.08
Road Frontage Type: Public
Financial
Tax Information
Tax Annual Amount: $3,856
Tax Year: 2015
Utilities
Utility Information
Sewer: Public Sewer
Water Source: Public
Heating & Cooling
Heating Units: 2
Location
Location Information
Directions: Diagonally across from The Owl Diner, near downtown
UnparsedAddress: 241 Appleton St, Lowell MA 01852
Community Information
Senior CommunityYN: No
Community Features: Public Transportation, Shopping
Public facts
Beds: 6
Baths: 6.0
Sq. Ft.: 3,124
Stories: 3.0
Lot Size: 3,485 square feet
Style: Multi-Family (5+ Unit)
Year Built: 1900
Year Renovated: —
County: Middlesex County
APN: 3187600
Home facts updated by county records on Jul 16, 2026
Other
Listing Information
StandardStatus: Closed
Around this home
Schools
Rogers STEM Academy
Public K-8 • Assigned • 0.2mi
5/10
Lowell High School
Public 9-12 • Assigned • 0.5mi
4/10
Leblanc Therapeutic Day School
Public 9-12 • Assigned • 1.5mi
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Historical weather
Lowell, MA • 01852
Average low and high temperatures (°F)
33
17
36
19
51
30
60
39
69
50
81
60
85
64
82
58
76
53
64
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.