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Active Under Contract

224 Smith St Lowell. MA 01851

$900,000

Multi Family

14 Bedrooms

4 Bathrooms

4,607 sq ft

0 Parking Spots

0.09 Acres

Built in 1880

Great investment opportunity! This property features long-term tenants, with each unit equipped with a stove and refrigerator. It’s being sold as a package deal, which includes 185-187 Smith St (3-family), 189-191 Smith St (3-family), 191-193 Smith St (3-family), and 224-226-228 Smith St (4-family w/ 4th unit on 61 Shaw St), all listed on MLS. 185 -187 Smith and 19-193 Smith buildings are on registered land.

This listing has been viewed 25 times in the past 16 days

Last Updated: November 26th, 2024 at 6:23am

General Information for 224 Smith St, Lowell, Massachusetts 01851

Property TypeResidential Income

Property Sub TypeMulti Family

Price$900,000

Price per sqft$195.35

MLS #73309462

Handicap Access / FeaturesNo

List Date2024-11-10

Special Listing Conditions

StateMassachusetts

Street NameSmith St

CityLowell

Zip Code01851

CountyMiddlesex

MLS Status

Covered Parking Spaces0

Heating Y/NNo

Heating System

Heat Zones

Sold Date15/01/2025

Property Sub TypeMulti Family

Building Area SourcePublic Records

Building Area Total4607

Building Area Units0

CarportNo

Close Date

Close Price$0

Covered Parking Spaces0

Listing Service

UnparsedAddress224 Smith St, Lowell MA 01851

Zoning

Interior Features for 224 Smith St, Lowell, Massachusetts 01851

* Approx. Living Area Total4,607 sq ft

Living Area Includes BasementNo

Bedrooms14

* # Fireplaces0

Bathrooms (Total)4

Full Baths4

* # Half Baths0

* # Rooms

Basement

Heating System

Appliances

Electric

Living Area Disclosure

Living Area Includes BasementNo

Door Features

ElectricNo

Electric$0

MLS Area (Major)

MLSPIN_BEDRMS_14

MLSPIN_BEDRMS_24

MLSPIN_BEDRMS_33

MLSPIN_BEDRMS_43

MLSPIN_FLRS_1

MLSPIN_FLRS_2

MLSPIN_FLRS_3

MLSPIN_FLRS_4

MLSPIN_F_BTHS_11

MLSPIN_F_BTHS_21

MLSPIN_F_BTHS_31

MLSPIN_F_BTHS_41

MLSPIN_GRE$10,229

MLSPIN_HTE$0

MLSPIN_H_BTHS_10

MLSPIN_H_BTHS_20

MLSPIN_H_BTHS_3 0

MLSPIN_H_BTHS_40

OffMarketDate

Exterior Features for 224 Smith St, Lowell, Massachusetts 01851

* Approximate Lot Size0.09 acres

Covered Parking Spaces0

Lot FeaturesCorner Lot

* Parking Spaces0

* Sewer Utilities

* Water Utilities

* Year Built1880

Year Built Details

Year Built SourcePublic Records

Construction Materials

Exterior Features

Foundation Area

Foundation MaterialsStone

Approx. Street Frontage

Horse PermittedNo

Horse Amenities

Parking Features

Utilities

Lot Size (Square Feet)3,920 Sqft

Disclosures for 224 Smith St, Lowell, Massachusetts 01851

Buyer Agent Compensation

ContingencyPending P&S

Financing

Disclosures

Documents Available

Exclusions

MLSPIN_COMP_BASED_ON

MLSPIN_COOP_COMP

MLSPIN_DISCLOSUREN

Lead PaintYes

Living Area Disclosure

Living Area Includes BasementNo

Facilitator Compensation

TransactionBrokerCompensationType

BuyerAgencyCompensationType

Financial Information for 224 Smith St, Lowell, Massachusetts 01851

Assessed Value

Real Estate Tax$0

Tax Year

Financial Data SourcePro. Forma Available

Gross Income$90,000

Insurance Expense$566

MLSPIN_LEASE_1

MLSPIN_LEASE_2

MLSPIN_LEASE_3

MLSPIN_LEASE_4

MLSPIN_LEVELS_11

MLSPIN_LEVELS_21

MLSPIN_LEVELS_31

MLSPIN_LEVELS_41

MLSPIN_MGF$0

MLSPIN_MSE$0

MLSPIN_RENT11300

MLSPIN_RENT21500

MLSPIN_RENT31500

MLSPIN_RENT41800

MLSPIN_RFS$0

MLSPIN_RME$0

MLSPIN_SOLD_PRICE_PER_SQFT$0

NetOperatingIncome$79,771

OperatingExpense$10,229

OriginalListPrice$900,000

RENT_FEE_INCLUDESUnit 1(water), Unit 2(water), Unit 4(water)

TOTAL_RENT6100

WaterSewerExpense$1,840

Lifestyle Information for 224 Smith St, Lowell, Massachusetts 01851

FireplaceYNNo

Frontage Type

GarageYNNo

Waterview

Pool Features

Waterfront Features

Location information for 224 Smith St, Lowell, Massachusetts 01851

Elementary SchoolAbraham Lincoln

Middle SchoolJames S. Daley

High SchoolLowell High

NumberOfUnitsTotal4

Marketing History for 224 Smith St, Lowell, Massachusetts 01851

MLSPIN_MARKET_TIME_BROKER15

MLSPIN_MARKET_TIME_PROPERTY15

PurchaseContractDate2024-11-19

Agent Information for 224 Smith St, Lowell, Massachusetts 01851

Agent MLS IDD0008773

Office MLS IDAN1199

Buyer Agent MLS ID

Buyer Office MLS ID

Team Members

Payment Calculator

, Interest

Property Taxes $0

Principal & Interest 5545.51

HOA Dues $0

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Paul Brouillette

LAER Realty Partners

Agent Phone

(978) 852-3001

Office Phone

(978) 251-8221

Text Agent Call Agent Call Office

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            [name] => Full Bathrooms
            [value] => 4
        )

[field_3175] => Array
        (
            [field_id] => 3175
            [type] => select
            [name] => Status
            [value] => Active Under Contract
        )

[field_3299] => Array
        (
            [field_id] => 3299
            [type] => select
            [name] => Property Category
            [value] => Multi Family
        )

[field_3298] => Array
        (
            [field_id] => 3298
            [type] => select
            [name] => Property Type
            [value] => Multi Family
        )

[field_3300] => Array
        (
            [field_id] => 3300
            [type] => select
            [name] => C_Style
            [value] => 4 Family
        )

[field_55] => Array
        (
            [field_id] => 55
            [type] => number
            [name] => Floor Number
            [value] => 0
        )

[googlemap_ln] => Array
        (
            [field_id] => 51
            [type] => text
            [name] => Longitude
            [value] => W72° 40' 36.1'' 
        )

[googlemap_lt] => Array
        (
            [field_id] => 52
            [type] => text
            [name] => Latitude
            [value] => N42° 37' 53'' 
        )

[field_2111] => Array
        (
            [field_id] => 2111
            [type] => text
            [name] => Office Name
            [value] => LAER Realty Partners
        )

[field_3000] => Array
        (
            [field_id] => 3000
            [type] => text
            [name] => Agent MLSID
            [value] => D0008773
        )

[field_3043] => Array
        (
            [field_id] => 3043
            [type] => date
            [name] => ANT_SOLD_DATE
            [value] => 15/01/2025
        )

[field_3045] => Array
        (
            [field_id] => 3045
            [type] => price
            [name] => HOA_FEE
            [raw] => 0
            [unit_id] => 260
            [value] => $0
            [price_only] => $0
        )

[field_3056] => Array
        (
            [field_id] => 3056
            [type] => price
            [name] => ClosePrice
            [raw] => 0
            [unit_id] => 260
            [value] => $0
            [price_only] => $0
        )

[field_3060] => Array
        (
            [field_id] => 3060
            [type] => text
            [name] => CONTINGENCY_TYPE
            [value] => Pending P&S
        )

[field_3069] => Array
        (
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            [type] => price
            [name] => LIST_PRICE_PER_SQFT
            [raw] => 195.35
            [unit_id] => 260
            [value] => $195
            [price_only] => $195
        )

[field_3071] => Array
        (
            [field_id] => 3071
            [type] => number
            [name] => MARKET_TIME_BROKER
            [value] => 15
        )

[field_3072] => Array
        (
            [field_id] => 3072
            [type] => number
            [name] => MARKET_TIME_BROKER_PREV
            [value] => 0
        )

[field_3075] => Array
        (
            [field_id] => 3075
            [type] => datetime
            [name] => ModificationTimestamp
            [value] => 25/11/2024 14:41:00
        )

[field_3094] => Array
        (
            [field_id] => 3094
            [type] => price
            [name] => SOLD_PRICE_PER_SQFT
            [raw] => 0
            [unit_id] => 260
            [value] => $0
            [price_only] => $0
        )

[field_3095] => Array
        (
            [field_id] => 3095
            [type] => number
            [name] => STREET_NUM
            [value] => 224
        )

[field_3105] => Array
        (
            [field_id] => 3105
            [type] => select
            [name] => APOD_AVAILABLE
            [value] => Yes
        )

[field_3109] => Array
        (
            [field_id] => 3109
            [type] => number
            [name] => FIRE_PLACES
            [value] => 0
        )

[field_3113] => Array
        (
            [field_id] => 3113
            [type] => select
            [name] => LEASE_1
            [value] => Y
        )

[field_3114] => Array
        (
            [field_id] => 3114
            [type] => select
            [name] => LEASE_2
            [value] => N
        )

[field_3115] => Array
        (
            [field_id] => 3115
            [type] => select
            [name] => LEASE_3
            [value] => Y
        )

[field_3118] => Array
        (
            [field_id] => 3118
            [type] => price
            [name] => NOI
            [raw] => 79771
            [unit_id] => 260
            [value] => $79,771
            [price_only] => $79,771
        )

[field_3119] => Array
        (
            [field_id] => 3119
            [type] => number
            [name] => RENT1
            [value] => 1300
        )

[field_3120] => Array
        (
            [field_id] => 3120
            [type] => number
            [name] => NO_UNITS
            [value] => 4
        )

[field_3121] => Array
        (
            [field_id] => 3121
            [type] => number
            [name] => RENT2
            [value] => 1500
        )

[field_3122] => Array
        (
            [field_id] => 3122
            [type] => number
            [name] => RENT3
            [value] => 1500
        )

[field_3123] => Array
        (
            [field_id] => 3123
            [type] => number
            [name] => RENT4
            [value] => 1800
        )

[f_3125] => Array
        (
            [field_id] => 3125
            [type] => feature
            [name] => ROAD_TYPE
            [values] => Array
                (
                    [0] => Public
                )

)

[field_3126] => Array
        (
            [field_id] => 3126
            [type] => number
            [name] => TOTAL_RENT
            [value] => 6100
        )

[field_3134] => Array
        (
            [field_id] => 3134
            [type] => select
            [name] => SQUARE_FEET_INCL_BASE
            [value] => No
        )

[field_3136] => Array
        (
            [field_id] => 3136
            [type] => select
            [name] => LEASE_4
            [value] => Y
        )

[field_3164] => Array
        (
            [field_id] => 3164
            [type] => boolean
            [name] => AvailableNow
            [value] => No
        )

[f_3166] => Array
        (
            [field_id] => 3166
            [type] => feature
            [name] => RENT_FEE_INCLUDES
            [values] => Array
                (
                    [0] => Unit 1(water)
                    [1] => Unit 2(water)
                    [2] => Unit 4(water)
                )

)

[field_3168] => Array
        (
            [field_id] => 3168
            [type] => price
            [name] => SEC_DEPOSIT
            [raw] => 0
            [unit_id] => 260
            [value] => $0
            [price_only] => $0
        )

[field_3171] => Array
        (
            [field_id] => 3171
            [type] => text
            [name] => Office Phone
            [value] => 978-251-8221
        )

[field_3172] => Array
        (
            [field_id] => 3172
            [type] => text
            [name] => Agent Phone
            [value] => 978-852-3001
        )

[field_3178] => Array
        (
            [field_id] => 3178
            [type] => boolean
            [name] => AdditionalParcelsYN
            [value] => No
        )

[field_3182] => Array
        (
            [field_id] => 3182
            [type] => select
            [name] => BuildingAreaSource
            [value] => Public Records
        )

[field_3183] => Array
        (
            [field_id] => 3183
            [type] => number
            [name] => BuildingAreaTotal
            [value] => 4607
        )

[field_3184] => Array
        (
            [field_id] => 3184
            [type] => select
            [name] => BuildingAreaUnits
            [value] => Square Feet
        )

[field_3189] => Array
        (
            [field_id] => 3189
            [type] => price
            [name] => ConcessionsAmount
            [raw] => 0
            [unit_id] => 260
            [value] => $0
            [price_only] => $0
        )

[field_3192] => Array
        (
            [field_id] => 3192
            [type] => number
            [name] => ParkingTotal
            [value] => 0
        )

[field_3193] => Array
        (
            [field_id] => 3193
            [type] => number
            [name] => CoveredSpaces
            [value] => 0
        )

[field_3200] => Array
        (
            [field_id] => 3200
            [type] => price
            [name] => ElectricExpense
            [raw] => 0
            [unit_id] => 260
            [value] => $0
            [price_only] => $0
        )

[field_3205] => Array
        (
            [field_id] => 3205
            [type] => date
            [name] => ExpirationDate
            [value] => 01/01/1900
        )

[field_3206] => Array
        (
            [field_id] => 3206
            [type] => select
            [name] => FarmLandAreaUnits
            [value] => Square Feet
        )

[f_3207] => Array
        (
            [field_id] => 3207
            [type] => feature
            [name] => FinancialDataSource
            [values] => Array
                (
                    [0] => Pro. Forma Available
                )

)

[field_3209] => Array
        (
            [field_id] => 3209
            [type] => text
            [name] => FoundationDetails
            [value] => Stone
        )

[field_3211] => Array
        (
            [field_id] => 3211
            [type] => number
            [name] => GarageSpaces
            [value] => 0
        )

[field_3216] => Array
        (
            [field_id] => 3216
            [type] => price
            [name] => GrossIncome
            [raw] => 90000
            [unit_id] => 260
            [value] => $90,000
            [price_only] => $90,000
        )

[field_3220] => Array
        (
            [field_id] => 3220
            [type] => price
            [name] => InsuranceExpense
            [raw] => 566
            [unit_id] => 260
            [value] => $566
            [price_only] => $566
        )

[field_3222] => Array
        (
            [field_id] => 3222
            [type] => text
            [name] => ListingAgreement
            [value] => Exclusive Right To Sell
        )

[field_3223] => Array
        (
            [field_id] => 3223
            [type] => date
            [name] => ListingContractDate
            [value] => 10/11/2024
        )

[f_3225] => Array
        (
            [field_id] => 3225
            [type] => feature
            [name] => LotFeatures
            [values] => Array
                (
                    [0] => Corner Lot
                )

)

[field_3226] => Array
        (
            [field_id] => 3226
            [type] => area
            [name] => LotSizeSquareFeet
            [value] => 3,920 Sqft
            [raw] => 3920
            [unit_id] => 1
        )

[field_3230] => Array
        (
            [field_id] => 3230
            [type] => price
            [name] => OperatingExpense
            [raw] => 10229
            [unit_id] => 260
            [value] => $10,229
            [price_only] => $10,229
        )

[field_3231] => Array
        (
            [field_id] => 3231
            [type] => price
            [name] => OriginalListPrice
            [raw] => 900000
            [unit_id] => 260
            [value] => $900,000
            [price_only] => $900,000
        )

[field_3234] => Array
        (
            [field_id] => 3234
            [type] => textarea
            [name] => PrivateOfficeRemarks
            [value] => Offers are due by Tuesday, November 19th. Please s
        )

[field_3237] => Array
        (
            [field_id] => 3237
            [type] => date
            [name] => PurchaseContractDate
            [value] => 19/11/2024
        )

[field_3240] => Array
        (
            [field_id] => 3240
            [type] => text
            [name] => UnparsedAddress
            [value] => 224 Smith St, Lowell MA 01851
        )

[field_3241] => Array
        (
            [field_id] => 3241
            [type] => price
            [name] => WaterSewerExpense
            [raw] => 1840
            [unit_id] => 260
            [value] => $1,840
            [price_only] => $1,840
        )

[field_3243] => Array
        (
            [field_id] => 3243
            [type] => text
            [name] => YearBuiltDetails
            [value] => Approximate
        )

[field_3245] => Array
        (
            [field_id] => 3245
            [type] => text
            [name] => YearBuiltSource
            [value] => Public Records
        )

[field_3248] => Array
        (
            [field_id] => 3248
            [type] => datetime
            [name] => OriginalEntryTimestamp
            [value] => 10/11/2024 16:14:00
        )

[field_3253] => Array
        (
            [field_id] => 3253
            [type] => number
            [name] => MLSPIN_BEDRMS_1
            [value] => 4
        )

[field_3254] => Array
        (
            [field_id] => 3254
            [type] => number
            [name] => MLSPIN_BEDRMS_2
            [value] => 4
        )

[field_3255] => Array
        (
            [field_id] => 3255
            [type] => number
            [name] => MLSPIN_BEDRMS_3
            [value] => 3
        )

[field_3256] => Array
        (
            [field_id] => 3256
            [type] => number
            [name] => MLSPIN_BEDRMS_4
            [value] => 3
        )

[field_3260] => Array
        (
            [field_id] => 3260
            [type] => text
            [name] => MLSPIN_DISCLOSURE
            [value] => N
        )

[field_3261] => Array
        (
            [field_id] => 3261
            [type] => number
            [name] => MLSPIN_F_BTHS_1
            [value] => 1
        )

[field_3262] => Array
        (
            [field_id] => 3262
            [type] => number
            [name] => MLSPIN_F_BTHS_2
            [value] => 1
        )

[field_3263] => Array
        (
            [field_id] => 3263
            [type] => number
            [name] => MLSPIN_F_BTHS_3
            [value] => 1
        )

[field_3264] => Array
        (
            [field_id] => 3264
            [type] => number
            [name] => MLSPIN_F_BTHS_4
            [value] => 1
        )

[field_3265] => Array
        (
            [field_id] => 3265
            [type] => price
            [name] => MLSPIN_GRE
            [raw] => 10229
            [unit_id] => 260
            [value] => $10,229
            [price_only] => $10,229
        )

[field_3266] => Array
        (
            [field_id] => 3266
            [type] => price
            [name] => MLSPIN_HTE
            [raw] => 0
            [unit_id] => 260
            [value] => $0
            [price_only] => $0
        )

[field_3267] => Array
        (
            [field_id] => 3267
            [type] => number
            [name] => MLSPIN_H_BTHS_1
            [value] => 0
        )

[field_3268] => Array
        (
            [field_id] => 3268
            [type] => number
            [name] => MLSPIN_H_BTHS_2
            [value] => 0
        )

[field_3269] => Array
        (
            [field_id] => 3269
            [type] => number
            [name] => MLSPIN_H_BTHS_3
            [value] => 0
        )

[field_3270] => Array
        (
            [field_id] => 3270
            [type] => number
            [name] => MLSPIN_H_BTHS_4
            [value] => 0
        )

[field_3272] => Array
        (
            [field_id] => 3272
            [type] => text
            [name] => MLSPIN_LEAD_PAINT
            [value] => Yes
        )

[field_3273] => Array
        (
            [field_id] => 3273
            [type] => number
            [name] => MLSPIN_LEVELS_1
            [value] => 1
        )

[field_3274] => Array
        (
            [field_id] => 3274
            [type] => number
            [name] => MLSPIN_LEVELS_2
            [value] => 1
        )

[field_3275] => Array
        (
            [field_id] => 3275
            [type] => number
            [name] => MLSPIN_LEVELS_3
            [value] => 1
        )

[field_3276] => Array
        (
            [field_id] => 3276
            [type] => number
            [name] => MLSPIN_LEVELS_4
            [value] => 1
        )

[field_3277] => Array
        (
            [field_id] => 3277
            [type] => text
            [name] => MLSPIN_MAIN_LO
            [value] => AN1199
        )

[field_3280] => Array
        (
            [field_id] => 3280
            [type] => number
            [name] => MLSPIN_MARKET_TIME_PROPERTY
            [value] => 15
        )

[field_3281] => Array
        (
            [field_id] => 3281
            [type] => price
            [name] => MLSPIN_MGF
            [raw] => 0
            [unit_id] => 260
            [value] => $0
            [price_only] => $0
        )

[field_3282] => Array
        (
            [field_id] => 3282
            [type] => price
            [name] => MLSPIN_MSE
            [raw] => 0
            [unit_id] => 260
            [value] => $0
            [price_only] => $0
        )

[field_3285] => Array
        (
            [field_id] => 3285
            [type] => price
            [name] => MLSPIN_OPTIONAL_FEE
            [raw] => 0
            [unit_id] => 260
            [value] => $0
            [price_only] => $0
        )

[field_3290] => Array
        (
            [field_id] => 3290
            [type] => price
            [name] => MLSPIN_PRICE_PER_SQFT
            [raw] => 195.35
            [unit_id] => 260
            [value] => $195
            [price_only] => $195
        )

[field_3292] => Array
        (
            [field_id] => 3292
            [type] => price
            [name] => MLSPIN_RFS
            [raw] => 0
            [unit_id] => 260
            [value] => $0
            [price_only] => $0
        )

[field_3293] => Array
        (
            [field_id] => 3293
            [type] => price
            [name] => MLSPIN_RME
            [raw] => 0
            [unit_id] => 260
            [value] => $0
            [price_only] => $0
        )

[field_3301] => Array
        (
            [field_id] => 3301
            [type] => select
            [name] => RoomMasterBathroomFeatures
            [value] => Yes
        )

[field_3306] => Array
        (
            [field_id] => 3306
            [type] => price
            [name] => GrossScheduledIncome
            [raw] => 0
            [unit_id] => 260
            [value] => $0
            [price_only] => $0
        )

[field_3307] => Array
        (
            [field_id] => 3307
            [type] => number
            [name] => MLSPIN_FLRS_1
            [value] => 1
        )

[field_3308] => Array
        (
            [field_id] => 3308
            [type] => number
            [name] => MLSPIN_FLRS_2
            [value] => 2
        )

[field_3309] => Array
        (
            [field_id] => 3309
            [type] => number
            [name] => MLSPIN_FLRS_3
            [value] => 2
        )

[field_3310] => Array
        (
            [field_id] => 3310
            [type] => number
            [name] => MLSPIN_FLRS_4
            [value] => 1
        )

[field_3311] => Array
        (
            [field_id] => 3311
            [type] => number
            [name] => BRE_Total_Parking
            [value] => 0
        )

)

EXIT

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Active Under Contract

224 Smith St Lowell. MA 01851

$900,000

General Information for 224 Smith St, Lowell, Massachusetts 01851

Interior Features for 224 Smith St, Lowell, Massachusetts 01851

Exterior Features for 224 Smith St, Lowell, Massachusetts 01851

Disclosures for 224 Smith St, Lowell, Massachusetts 01851

Financial Information for 224 Smith St, Lowell, Massachusetts 01851

Lifestyle Information for 224 Smith St, Lowell, Massachusetts 01851

Location information for 224 Smith St, Lowell, Massachusetts 01851

Marketing History for 224 Smith St, Lowell, Massachusetts 01851

Agent Information for 224 Smith St, Lowell, Massachusetts 01851

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Exclusive Listing Agent

Paul Brouillette

LAER Realty Partners