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Home Massachusetts Lowell Multi-Family Homes for Sale

118 Lafayette St Lowell, MA 01854
9 Days on Boardwalk Properties
5
118 Lafayette St, Lowell, MA 01854
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$699,999
3 Unit
8 Beds
3 Baths
3067 SQFT
0.11 Acre

Property Description

Tucked away on a quiet dead-end street just a short walk from the university, this 3-unit multi-family offers a prime opportunity for owner-occupants or savvy investors. The building features a well-appointed 1-bedroom unit on the top floor, a spacious 3-bedroom on the second level, and a generous 4-bedroom layout on the first floor. Additional highlights include a basement for tenant storage and a shared washer and dryer for the house. With all three units currently rented, you’ll benefit from immediate income potential. The property also offers ample parking adding convenience for residents and guests alike. Whether you choose to live in one unit and rent the others or lease all three, this is a rare chance to secure a solid investment in a desirable location. Don’t miss this exceptional opportunity to own a fully occupied, income-generating property in a prime location!
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Property Details tap to expand

Building Information

  • Total Units: 3
  • Total Floors: 3
  • Total Bedrooms: 8
  • Total Full Baths: 3
  • Amenities: Highway Access, House of Worship, Medical Facility, Public School, Public Transportation, Shopping, Tennis Court, University, Walk/Jog Trails
  • Basement Features: Full
  • Common Rooms: Kitchen, Living Room
  • Common Heating: Extra Flue, Forced Air, Gas, Heat Pump, Oil
  • Common Cooling: Central Air

Financial

  • APOD Available: No
  • Gross Operating Income: 54000
  • Net Operating Income: 54000

Utilities

  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

  • Under Lease: No
  • Floors: 1
  • Levels: 1

Unit 2 Description

  • Under Lease: No
  • Floors: 2
  • Levels: 1

Unit 3 Description

  • Under Lease: No
  • Floors: 3
  • Levels: 1

Construction

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

Other Information

  • MLS ID# 73395142
  • Last Updated: 06/27/25

Property History tap to expand

Date Event Price Price/Sq Ft Source
06/27/2025Active$699,999$228MLSPIN
06/23/2025New$699,999$228MLSPIN

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Seller's Representative: Christian Doherty, Doherty Properties
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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The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.

MLS PIN data last updated at 2025-06-27 03:05:00

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