27 Bourne St, Lowell, MA 01852
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$750,000
3 Unit
7 Beds
4 Baths
3872 SQFT
0.09 Acre

Property Description

Located in South Lowell, this spacious 3-family home offers an excellent investment or owner-occupant opportunity. The property features three levels with one 3-bedroom unit and two 2-bedroom units. Two units have been tastefully updated, while the third awaits your cosmetic touches. The 3 bedroom unit has two extra bonus rooms/dens with no closets. Newer heating systems and hot water tanks add value and efficiency. Enjoy ample off-street parking, a one-car detached garage, and a convenient location just minutes from the T Station, Lowell Connector, Route 3, and I-495. A solid property with strong potential in a prime commuter location. Property is currently fully rented with TAW tenants. Comprised of two lots on one deed 21 Bourne St & 27-29 Bourne St.

Property Details tap to expand

Building Information

  • Total Units: 3
  • Total Floors: 5
  • Total Bedrooms: 7
  • Total Full Baths: 3
  • Total Half Baths: 1
  • Amenities: Highway Access, Laundromat, Medical Facility, Private School, Public School, Public Transportation, Shopping, T-Station, University
  • Basement Features: Full, Interior Access, Unfinished Basement
  • Common Rooms: Kitchen, Living Room, Office/Den
  • Common Appliances: Dishwasher, Microwave, Range, Refrigerator

Financial

  • APOD Available: No
  • Gross Operating Income: 67200
  • Net Operating Income: 67200

Utilities

  • Heat Zones: 3
  • Electric Info: Circuit Breakers, Underground
  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

  • Included in Rent: Water
  • Under Lease: No
  • Floors: 1
  • Levels: 2

Unit 2 Description

  • Included in Rent: Water
  • Under Lease: No
  • Floors: 2
  • Levels: 2

Unit 3 Description

  • Included in Rent: Water
  • Under Lease: No
  • Floors: 1
  • Levels: 1

Construction

  • Year Built: 1910
  • Type: 3 Family
  • Construction Type: Aluminum, Frame
  • Foundation Info: Fieldstone
  • Roof Material: Aluminum, Asphalt/Fiberglass Shingles
  • Lead Paint: Unknown
  • Year Round: Yes
  • Warranty: No

Other Information

  • MLS ID# 73381005
  • Last Updated: 05/29/25
  • Terms: Contract for Deed, Rent w/Option

Property History tap to expand

Date Event Price Price/Sq Ft Source
05/28/2025New$750,000$194MLSPIN
08/23/2024Canceled$800,000$207MLSPIN
07/10/2024Under Agreement$800,000$207MLSPIN
06/30/2024Active$800,000$207MLSPIN
06/26/2024Price Change$800,000$207MLSPIN
04/19/2024Active$799,999$207MLSPIN
04/15/2024Price Change$799,999$207MLSPIN
03/31/2024Active$819,999$212MLSPIN
03/27/2024New$819,999$212MLSPIN

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Seller's Representative: Team Correia, Keller Williams Realty - Merrimack
Sub Agent Compensation: n/a
Buyer Agent Compensation: n/a
Facilitator Compensation: n/a
Compensation Based On: n/a
Sub-Agency Relationship Offered: No

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MLS PIN data last updated at 2025-05-29 03:30:00

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