2-4 Sutherland St, Lowell, MA 01850
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$950,000
5 Unit
5 Beds
5 Baths
3518 SQFT
0.09 Acre

Property Description

Multifamily Gem with Big Upside!! Well-maintained 5-unit multifamily home featuring five spacious 1-bedroom, 1-bath apartments. Each unit offers a comfortable layout with living room, kitchen with dining area, bedroom, and bath. Property is clean, well-kept, and reflects pride of ownership. Off street parking for 6+ cars. Letter of Lead Compliance on file. Current rents are below market value, providing immediate upside potential for investors. This property’s turnkey condition minimizes upfront costs. Lowell’s rental market continues to show high demand, driven by its proximity to Boston, thriving local economy, and growing student population. Perfect for new and seasoned investors and/or owner occupied.

Property Details tap to expand

Building Information

  • Total Units: 5
  • Total Floors: 6
  • Total Bedrooms: 5
  • Total Full Baths: 5
  • Amenities: Laundromat, Medical Facility, Park, Public Transportation, Shopping
  • Basement Features: Bulkhead, Concrete Floor, Full
  • Common Rooms: Kitchen, Living Room

Financial

  • APOD Available: Yes
  • Expenses Source: Other (See Remarks)
  • Gross Operating Income: 84300
  • Gross Expenses: 22784
  • Electric Expenses: 310
  • Water/Sewer: 1854
  • INSC: 5859
  • RFS: 2160
  • Management Fee: 4215
  • Net Operating Income: 61516

Utilities

  • Electric Info: Circuit Breakers, Fuses, Nearby, Underground
  • 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: Yes
  • Floors: 2
  • Levels: 1

Unit 3 Description

  • Floors: 3
  • Levels: 1

Unit 4 Description

  • Floors: 1
  • Levels: 1

Construction

  • Year Built: 1920
  • Type: 5+ Family - 5+ Units Up/Down
  • Construction Type: Aluminum, Frame
  • Foundation Info: Fieldstone
  • Lead Paint: Certified Treated
  • Warranty: No

Other Information

  • MLS ID# 73454640
  • Last Updated: 11/18/25

Property History tap to expand

Date Event Price Price/Sq Ft Source
11/17/2025Active$950,000$270MLSPIN
11/13/2025New$950,000$270MLSPIN

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Seller's Representative: John Lynch, 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 2025-11-18 15:34:00

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