99-103 Westford St, Lowell, MA 01851
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$2,100,000
6 Unit
15 Beds
15 Baths
8382 SQFT
0.16 Acre

Property Description

99-103 Westford St contains a total of six (6) residential units comprised of (3) 2+ Bedroom/ 2.5 Bathroom units and (3) 3-Bedroom/ 1.5 Bathroom units. The building has been extensively renovated and features condo quality units including quartz countertops, new cabinets, stainless-steel appliances, new bathrooms, in unit washers & dryers, and new systems. The units all contain 2-levels of living space and feature tenant paid heat, central AC, hot water, and electricity. The property is just .2 miles and a 4-minute walk to the commuter rail. The property has a current cap rate of 7.2%.

Property Details tap to expand

Building Information

  • Total Units: 6
  • Total Floors: 10
  • Total Bedrooms: 15
  • Total Full Baths: 9
  • Total Half Baths: 6

Financial

  • APOD Available: No
  • Gross Operating Income: 196440
  • Gross Expenses: 45294
  • Electric Expenses: 3000
  • Water/Sewer: 1954
  • INSC: 10372
  • RFS: 2622
  • Net Operating Income: 151146

Utilities

  • Heat Zones: 12
  • Cooling Zones: 12
  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

  • Under Lease: Yes
  • Floors: 1
  • Levels: 2

Unit 2 Description

  • Under Lease: Yes
  • Floors: 3
  • Levels: 2

Unit 3 Description

  • Under Lease: Yes
  • Floors: 1
  • Levels: 2

Unit 4 Description

  • Under Lease: No
  • Floors: 3
  • Levels: 2

Construction

  • Year Built: 1900
  • Type: 5-9 Family
  • Construction Type: Brick
  • Foundation Info: Other (See Remarks)
  • Roof Material: Rubber
  • Lead Paint: Unknown
  • Warranty: No

Other Information

  • MLS ID# 73345582
  • Last Updated: 05/05/25

Property History tap to expand

Date Event Price Price/Sq Ft Source
05/05/2025Active$2,100,000$251MLSPIN
05/01/2025Reactivated$2,100,000$251MLSPIN
04/30/2025Expired$2,100,000$251MLSPIN
04/29/2025Back on Market$2,100,000$251MLSPIN
03/25/2025Under Agreement$2,100,000$251MLSPIN
03/18/2025Active$2,100,000$251MLSPIN
03/14/2025New$2,100,000$251MLSPIN
10/01/2022Expired$2,499,000$251MLSPIN
09/21/2022Temporarily Withdrawn$2,499,000$251MLSPIN
08/26/2022Active$2,499,000$251MLSPIN
08/22/2022Price Change$2,499,000$251MLSPIN
07/24/2022Active$2,695,000$270MLSPIN
07/20/2022Price Change$2,695,000$270MLSPIN
06/27/2022Active$2,750,000$276MLSPIN
06/23/2022New$2,750,000$276MLSPIN

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Seller's Representative: Spencer Norton, Horvath & Tremblay
Sub Agent Compensation: n/a
Buyer Agent Compensation: 2
Facilitator Compensation: n/a
Compensation Based On: Net Sale Price
Sub-Agency Relationship Offered: No

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MLS PIN data last updated at 2025-05-05 03:05:00