102 Fourth Ave, Lowell, MA 01854
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$1,350,000
6 Unit
6 Beds
6 Baths
4884 SQFT
0.17 Acre

Property Description

Exceptional opportunity to acquire a stabilized 6-unit multi-family in a strong Lowell rental market. The building features an easily manageable mix of six 1-bedroom, 1-bathroom units, a low-turnover layout that shows consistent cash flow. A major competitive advantage for tenant retention is the rare 7 off-street parking spaces, supplemented by on-street parking right out front. Optimized for a low-maintenance landlord experience, the units run on gas appliances (electric dryers) and boast proactively updated hot water tanks installed between 2017 and 2024. Turn-key properties with this level of operational efficiency are rare—don't miss your chance to add this high-performing asset to your portfolio!

Property Details tap to expand

Building Information

  • Total Units: 6
  • Total Floors: 5
  • Total Bedrooms: 6
  • Total Full Baths: 6
  • Amenities: Laundromat, Public Transportation, University
  • Basement Features: Interior Access, Unfinished Basement

Financial

  • APOD Available: Yes
  • Gross Operating Income: 73800
  • Net Operating Income: 73800

Utilities

  • Electric Info: Individually Metered
  • Water: City/Town Water, Individual Meter, On-Site, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

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

Unit 2 Description

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

Unit 3 Description

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

Unit 4 Description

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

Construction

  • Year Built: 1950
  • Type: 5-9 Family
  • Foundation Info: Fieldstone
  • Roof Material: Rubber
  • Lead Paint: Unknown
  • Warranty: No

Other Information

  • MLS ID# 73563927
  • Last Updated: 08/18/26

Property History tap to expand

Date Event Price Price/Sq Ft Source
08/18/2026Active$1,350,000$276MLSPIN
08/14/2026New$1,350,000$276MLSPIN

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Seller's Representative: Shawn McGuire, LAER Realty Partners
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 2026-08-18 03:05:00