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Fantastic opportunity for the savvy investor! This 9-unit investment property consists of two buildings situated on one lot: a two unit building plus a larger building containing seven additional units. An excellent opportunity for a 1031 exchange or for an investor looking to add a substantial income producing property to their portfolio. Current rents support approximately an 8.5% cap rate.The property consists of five 2-bedroom units, two 1-bedroom units, one 4-bedroom unit, and one commercial space, currently occupied by a hair salon. The property benefits from a strong history of long term tenancy, with some tenants having occupied their units for as long as 25 years. Additional improvements include updated furnaces and water heaters. The seller has Letters of Lead Compliance and has also had the locks keyed so that one key provides access throughout the property, simplifying management. An added bonus is a large workshop/office space designated exclusively for owner access, providing valuable space for property management, storage, maintenance supplies, or a private workspace. A massive parking lot with approximately 15 parking spaces provides ample off-street parking for tenants and the commercial space. A rare opportunity to acquire a sizable, established rental property with strong income potential. Call today to schedule your private showing!

More Info

Basic Information

  • Gross Income $203,700
  • Lot Features Corner Lot
  • Mls StatusNew
  • Parcel Number M:204 B:55 L:5
  • Rent Includes Unit 1(Water), Unit 2(Water), Unit 3(Water)

Location

  • Address3-13 Agawam Street
  • Building Number3-13
  • CountyMiddlesex
  • StateMA
  • StreetAgawam Street
  • TownLowell
  • Zip01852

Exterior

  • RoofShingle, Rubber

Property Information

  • Building Area Source Public Records
  • Living Area 7,565
  • Lot Size Square Feet 9,148
  • Lot Size Units Acres
  • Square Feet7,565

Tax Information

  • Tax Assessed Value $915,200
  • Tax Year 2025
  • Taxes$10,506

Basic Information

  • List Price$2,199,999
  • MLS Number73577771
  • Modification Date09/16/2026
  • Property SubType5-9 Family

Property

  • Acreage0.21

Interior

  • Flooring Tile, Carpet, Hardwood
  • Interior Features Living Room, Kitchen

Utilities

  • Electric Circuit Breakers
  • Heat SystemYes
  • Heating Natural Gas
  • Sewer Public Sewer
  • Water Source Public

Amenities

  • Other AmenitiesBasement

Other

  • Date Listed09/16/2026
  • Farm Land Area Units Square Feet

Parking

  • Parking Features Off Street
  • Parking Spaces15

Rooms

  • Bathroom9
  • Bathrooms Total Decimal 9
  • Bedrooms14
  • Full Bath9

Building

  • BasementFull
  • Building Area Units Square Feet
  • Construction Materials Frame
  • FoundationStone
  • Levels 6
  • Patio And Porch Features Deck
  • Rooms36
  • Stories6
  • Units9
  • Year Built1937
  • Year Built Details Actual
  • Year Built Source Public Records

Map Location

Listed by Kelli Gilbride of Foundation Brokerage Group

The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. (MLSPIN) from third party sources, including sellers, lessors and public records, and were compiled by MLSPIN. The property listing data and information, and the Images, 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. MLSPIN and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.

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