Property Description

CENTERVILLE: Townhouse style, multi-family residence located at 1-3 Harrison Place, Lowell, MA. Ideal for owner occupied with a great rental history.Property offers a unique opportunity for investors because on all major items have just been replaced: (2) Furances, (2) Hot Water Tanks freshly painted. The property encompasses 7 bedrooms, 2 baths. Unit #1 (LEFT) Brand New Kitchen, Quartz Countertops, New SS Appliances, New Flooring, Doors, Toilet,Vanity, Light Fixtures, 3BRs, 1 Bath freshly painted. Plenty of storage in the basement. Unit #3 offers a 4 Bedroom 1 bath with a BR on the main floor. This multi-family property has not been offered for sale since 2009, with great rental history. Great options for owner occupied or rental with expected monthly rent of $4,600 -$5,000/month Estimated $50,000.00 - $60,000.00 Annual Rental Income expected for 2026/27. Based on past tenants and previous lease contracts.

Property Details tap to expand

Building Information

  • Total Units: 2
  • Total Floors: 6
  • Total Bedrooms: 7
  • Total Full Baths: 2
  • Amenities: Highway Access, Laundromat, Medical Facility, Park, Public Transportation, Shopping, T-Station, University
  • Basement Features: Concrete Floor, Dirt Floor, Full, Interior Access, Unfinished Basement
  • Common Rooms: Kitchen, Living Room
  • Common Interior Features: Bathroom With Tub, Bathroom With Tub & Shower, Ceiling Fans, Internet Available - Unknown, Pantry, Storage, Upgraded Cabinets, Upgraded Countertops
  • Common Appliances: Microwave, Range, Rangetop - ENERGY STAR, Refrigerator, Refrigerator - ENERGY STAR, Washer & Dryer Hookup, Washer Hookup
  • Common Heating: Central Heat, Electric, Extra Flue, Forced Air, Gas, Heat Pump, Oil
  • Common Cooling: None

Financial

  • APOD Available: Yes
  • Expenses Source: Owner Provided
  • Gross Operating Income: 60000
  • Net Operating Income: 58200

Utilities

  • Heat Zones: 2
  • Electric Info: 200 Amps, 220 Volts, At Street, Circuit Breakers, Individually Metered, Underground
  • Energy Features: Insulated Doors, Insulated Windows, Storm Doors, Storm Windows
  • Utility Connections: Washer Hookup, for Electric Dryer, for Electric Oven, for Electric Range
  • Water: City/Town Water, Individual Meter, On-Site, Private
  • Sewer: City/Town Sewer, Private
  • Sewer District: Lowel

Unit 1 Description

  • Included in Rent: Hot Water, Water
  • Under Lease: No
  • Floors: 1
  • Levels: 3

Unit 2 Description

  • Included in Rent: Hot Water, Other (See Remarks), Water
  • Under Lease: No
  • Floors: 2
  • Levels: 3

Construction

  • Year Built: 1910
  • Type: 2 Family - 2 Units Side by Side
  • Construction Type: Aluminum, Frame
  • Foundation Info: Fieldstone, Granite, Other (See Remarks)
  • Roof Material: Aluminum, Asphalt/Fiberglass Shingles
  • Flooring Type: Vinyl
  • Lead Paint: None
  • Year Round: Yes
  • Warranty: No

Other Information

  • MLS ID# 73569034
  • Last Updated: 08/27/26
  • Terms: Contract for Deed, Rent w/Option

Property History tap to expand

Date Event Price Price/Sq Ft Source
08/27/2026New$649,990$338MLSPIN

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Seller's Representative: Lynn Smith, eXp Realty LLC - Corporate Office
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 2026-08-27 12:22:00

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