This Property is No Longer Available
2 West Street, Lowell, MA 01850
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$399,000
3 Unit
3 Beds
3 Baths
1410 SQFT
0.02 Acre

Property Description

Exceptional and UNIQUE 3 unit, mixed use property in Centralville! This property boasts of two residential units and one commercial unit. The residential units comprise of a 2 bedroom and a 1 bedroom. The commercial unit currently operates as a salon. This 3 unit property is fully occupied and has a brand new energy efficient gas boiler that services all 3 units, newer flooring and separate entrances. A true RARE opportunity. Property runs a 9% cap rate with just average rents. This property would be ideal for the investor, owner occupant or business owner who would like to live and work in the property.. The possibilities and ideas are endless!!

Property Details tap to expand

Building Information

  • Total Units: 3
  • Total Floors: 3
  • Total Bedrooms: 3
  • Total Full Baths: 2
  • Total Half Baths: 1
  • Amenities: Bike Path, Highway Access, House of Worship, Laundromat, Medical Facility, Park, Private School, Public School, Public Transportation, Shopping, T-Station, Walk/Jog Trails
  • Basement Features: Full
  • Common Rooms: Kitchen, Living Room
  • Common Interior Features: Bathroom With Tub & Shower, Ceiling Fans
  • Common Appliances: Range, Refrigerator
  • Common Heating: Central Heat, Extra Flue, Gas, Heat Pump, Hot Water Radiators, Steam

Financial

  • APOD Available: No
  • Gross Operating Income: 32700
  • Net Operating Income: 32700

Utilities

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

Unit 1 Description

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

Unit 2 Description

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

Unit 3 Description

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

Construction

  • Year Built: 1890
  • Type: 3 Family
  • Construction Type: Aluminum, Frame
  • Foundation Info: Fieldstone
  • Roof Material: Aluminum, Asphalt/Fiberglass Shingles
  • Flooring Type: Wall to Wall Carpet
  • Lead Paint: Unknown
  • Warranty: No

Other Information

  • MLS ID# 73509163
  • Last Updated: 05/06/26

Property History tap to expand

Date Event Price Price/Sq Ft Source
05/04/2026Temporarily Withdrawn$399,000$283MLSPIN
05/03/2026Active$399,000$283MLSPIN
04/29/2026New$399,000$283MLSPIN

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Seller's Representative: Michael McDowell, Dick Lepine Real Estate,Inc.
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 2026-05-06 03:30:00

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