21 Myrtle St, Lowell, MA 01850
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$524,900
2 Unit
6 Beds
2 Baths
2888 SQFT
0.12 Acre

Property Description

Attention investors! Opportunity awaits at 21 Myrtle St., a two-family property offering immediate rental income with future upside potential. Both units are occupied by long-term tenants who have enjoyed stable tenancy, with current rents below market value, presenting an opportunity for increased cash flow over time.The property has undergone numerous important updates, including full deleading compliance, replacement entry doors, installation of fire-rated safety doors, and updated smoke and carbon monoxide alarm systems to meet current City of Lowell requirements. Additional improvements include replacement of the heating system and hot water tank within the past 10 years. Conveniently located just minutes from downtown Lowell, the property offers easy access to major commuter routes. Residents enjoy proximity to public transportation, shopping, dining and a vibrant arts and culture scene that has made Lowell one of the Merrimack Valley's most desirable rental markets.

Property Details tap to expand

Building Information

  • Total Units: 2
  • Total Floors: 2
  • Total Bedrooms: 6
  • Total Full Baths: 2
  • Amenities: Highway Access, Public School, Public Transportation, Shopping, T-Station
  • Basement Features: Full
  • Common Rooms: Kitchen, Living Room
  • Common Interior Features: Lead Certification Available
  • Common Appliances: Range, Refrigerator, Washer Hookup
  • Common Heating: Central Heat, Hot Water Radiators, Steam

Financial

  • APOD Available: No
  • Gross Operating Income: 38400
  • Net Operating Income: 38400

Utilities

  • Utility Connections: Washer Hookup
  • 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

Construction

  • Year Built: 1880
  • Type: 2 Family - 2 Units Up/Down
  • Construction Type: Aluminum, Frame
  • Foundation Info: Fieldstone
  • Roof Material: Aluminum, Asphalt/Fiberglass Shingles
  • Flooring Type: Vinyl, Wood
  • Lead Paint: Certified Treated
  • Warranty: No

Other Information

  • MLS ID# 73541549
  • Last Updated: 06/25/26
  • Terms: Contract for Deed, Rent w/Option

Property History tap to expand

Date Event Price Price/Sq Ft Source
06/25/2026New$524,900$182MLSPIN

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Seller's Representative: Melanie Norcross, Keller Williams Gateway Realty
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 2026-06-25 09:00:00

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