Wonderful opportunity for CONTRACTORS, LANDLORDS and INVESTORS! This INCOME PROPERTY won’t last, well maintained 4-family units in the up-coming city of Lowell. This is a turned-key investment with long term tenants with lease. Rents are below market rate. Offering 8 parking spots. So much potential, Spacious unfinished basement of 2,018 square feet and unfinished attic of 2,499 square feet. The attic can be finished and converted into additional rooms.
Multi-familyProperty Type
1920Year Built
6,774 sq ftLot Size
$195Est. Price/Sq.Ft.
8 spacesParking
Listed by The Liriano Team• Keller Williams Realty
Bought with Emmanuel Frias• Home Shop Properties, Inc.
$25,000 PRICE DROP!!! MOTIVATED SELLERS...Come take a look. ALL SEPERATE UTILITIES!!! Great investment property. Very large 4 family located on corner lot with plenty of off street parking. Convenient location, walking distance to UMASS Lowell and Merrimack River....please call listing agent. Accompanied showings only!!!
Year
Property tax
Land + Additions
Assessment*
2025
$9,168 (+0.6%)
$116,100 + $682,500
$798,600
2024
$9,115 (−2.3%)
$108,500 + $656,800
$765,300
2023
$9,330 (+14.3%)
$94,400 + $656,800
$751,200
2022
$8,162 (+7.2%)
$85,800 + $557,400
$643,200
2021
$7,613 (+2.7%)
$74,600 + $491,000
$565,600
2020
$7,411 (+23.0%)
$63,700 + $491,000
$554,700
2019
$6,027 (+3.5%)
$56,200 + $373,100
$429,300
2018
$5,822 (+12.1%)
$53,600 + $351,000
$404,600
2017
$5,194 (−1.6%)
$48,700 + $299,400
$348,100
2016
$5,277 (+13.0%)
$48,700 + $299,400
$348,100
2015
$4,670 (+6.5%)
$50,200 + $251,500
$301,700
2013
$4,384 (+1.6%)
$66,700 + $225,400
$292,100
2012
$4,314 (−1.9%)
$66,700 + $225,400
$292,100
2011
$4,398 (−6.1%)
$71,100 + $237,100
$308,200
2010
$4,683 (+6.7%)
$84,500 + $268,400
$352,900
2009
$4,387
$83,700 + $291,900
$375,600
Tax history for 44 Shaffer St
Year
Property tax
Land + Additions
Assessment*
2025
$9,168 (+0.6%)
$116,100 + $682,500
$798,600
2024
$9,115 (−2.3%)
$108,500 + $656,800
$765,300
2023
$9,330 (+14.3%)
$94,400 + $656,800
$751,200
2022
$8,162 (+7.2%)
$85,800 + $557,400
$643,200
2021
$7,613 (+2.7%)
$74,600 + $491,000
$565,600
2020
$7,411 (+23.0%)
$63,700 + $491,000
$554,700
2019
$6,027 (+3.5%)
$56,200 + $373,100
$429,300
2018
$5,822 (+12.1%)
$53,600 + $351,000
$404,600
2017
$5,194 (−1.6%)
$48,700 + $299,400
$348,100
2016
$5,277 (+13.0%)
$48,700 + $299,400
$348,100
2015
$4,670 (+6.5%)
$50,200 + $251,500
$301,700
2013
$4,384 (+1.6%)
$66,700 + $225,400
$292,100
2012
$4,314 (−1.9%)
$66,700 + $225,400
$292,100
2011
$4,398 (−6.1%)
$71,100 + $237,100
$308,200
2010
$4,683 (+6.7%)
$84,500 + $268,400
$352,900
2009
$4,387
$83,700 + $291,900
$375,600
*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
13
Baths
4
Stories
2
Lot width
—
Lot depth
—
Lot size
6,774
Year renovated
2023
Sq. Ft.
5,142
Year built
1920
Style
Multi-Family (2-4 Unit)
County
Middlesex County
APN
3180191
Parking Spaces
8
Basement
Yes
Accessible
No
HOA Dues
—
Garage
No
Features
—
Last updated by owner on Jan 17, 2025.
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: 8
Parking Features: Paved Drive, Off Street, Paved
Interior
Bathroom Information
# of Bathrooms (Full): 4
Basement Information
Basement: Full
Interior Features
# of Rooms (Total): 21
Window Features: Screens
Flooring: Wood
Interior Features: Pantry, Bathroom With Tub & Shower, Kitchen, Living RM/Dining RM Combo
Unit #1 Information
# of Levels: 1
# of Floors: 1
Lease: Y
Unit #2 Information
# of Levels: 1
# of Floors: 1
Lease: Y
Unit #3 Information
# of Levels: 2
# of Floors: 2
Lease: Y
Unit #4 Information
# of Levels: 2
# of Floors: 2
Lease: Y
Exterior
Building Information
Building Area (Total): 5,142
Foundation Details: Stone, Brick/Mortar, Irregular
Construction Materials: Frame, Brick, Stone
Stories (Total): 6
Year Built Source: Public Records
Year Built Details: Approximate
Color: Light Blue
Exterior Features
Roof: Slate
Patio And Porch Features: Porch, Deck - Wood, Patio
Property Information
PropertySubType: 4 Family - 4 Units Side by Side
Lot Information
Lot Size (Acres): 0.16
Lot Features: Corner Lot
Road Surface Type: Paved
Road Frontage Type: Public
Road Responsibility: Public Maintained Road
Financial
Tax Information
Tax Annual Amount: $7,411
Tax Year: 2020
Utilities
Utility Information
Sewer: Public Sewer
Water Source: Public
Electric: 110 Volts, 220 Volts
Heating & Cooling
Has Heating
Has Cooling
Heating: Forced Air, Natural Gas
Cooling: Window Unit(s)
Location
Location Information
Directions: Pawtucket St to Walker Street and left onto Shaffer St.
UnparsedAddress: 44 Shaffer St, Lowell MA 01854
Community Information
Senior CommunityYN: No
Community Features: Public Transportation, Shopping, Walk/Jog Trails, Medical Facility, Laundromat, Bike Path, Highway Access, Marina, Public School, University, Sidewalks
Public facts
Beds: 13
Baths: 4.0
Sq. Ft.: 5,142
Stories: 2.0
Parking Spaces: 8
Basement: Yes
Accessible: No
Lot Size: 6,774 square feet
Style: Multi-Family (2-4 Unit)
Year Built: 1920
Year Renovated: 2023
County: Middlesex County
APN: 3180191
HOA Dues: —
Garage: No
Features: —
Home facts updated by owner on Jan 17, 2025
Other
Listing Information
StandardStatus: Closed
Around this home
Schools
Bartlett Community Partnership School
Public PreK-8 • Assigned • 0.2mi
6/10
Lowell High School
Public 9-12 • Assigned • 1.0mi
4/10
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 • 01854
Average low and high temperatures (°F)
32
17
35
18
50
30
60
39
68
50
80
60
85
66
81
58
75
54
63
44
51
34
37
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.