Three-Family with Updated
100 Appleton Street Lowell, MA 01852
100 Appleton Street, Lowell, MA, 01852
$769,995
For Sale
$769,995
Three-unit residential income property in Lowell with updated finishes and a mix of electric mini-splits and natural gas forced-air heat.
Property Size2,468 SF
Price / SF$311.99
Days on Market64
Property Features for 100 Appleton Street
General Information
- Standard status
- Active
- Size
- 2,468 SF
- Property subtype
- Multi-family
Building Details
- Year Built
- 1900
Listing agency
eXp Realty
Listed by
Candor Investment Group
(781) 635-9022
Source
Lindorealtygroup
Added: May 20 Updated: Jul 21 at 7:23AM Checked: Jul 22 at 7:45AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of eXp Realty
Investment Insights
Based on property information with market context.
This cosmetically updated three-family residence offers practical layouts across three units. Interior features include updated finishes and flooring with hardwood, tile, and laminate. For heating and cooling, the building has a mix of electric mini-splits and forced-air natural gas systems.
The property is located in Lowell and is described as just minutes from downtown, with public transit, universities, shopping, dining, and entertainment nearby.
The building is currently producing stated rental income of $5,700 per month. One unit is expected to become vacant at the end of August, creating flexibility for an owner-occupant or for continued investment operations.
The property is located in Lowell and is described as just minutes from downtown, with public transit, universities, shopping, dining, and entertainment nearby.
The building is currently producing stated rental income of $5,700 per month. One unit is expected to become vacant at the end of August, creating flexibility for an owner-occupant or for continued investment operations.
Key Highlights
- Three‑family residential income property in Lowell with updated finishes
- Current rental income of $5,700/month
- One unit expected to become vacant at the end of August
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $75.5k | $30.60 |
| − Vacancy | −$5.7k | −$2.30 |
| EGI | $69.9k | $28.31 |
| − OpEx | −$21.0k | −$8.49 |
| NOI | $48.9k | $19.81 |
2,468 SF · lease $30.60/SF/yr · vacancy 7.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$698.6K
$611.3K – $815.0K
NOI $48,900 @ 7.0% cap · market cap 6.35%
Second Best
Apartment 5plus
$628.9K
$550.3K – $733.8K
NOI $44,025 @ 7.0% cap · market cap 5.72%
Theoretical Best
Office A
$868.6K
$760.1K – $1.01M
NOI $60,805 @ 7.0% cap · market cap 7.90%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Triplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Triplex - Three-unit residential income property in Lowell with updated finishes and a mix of electric mini-splits and natural gas forced-air heat.
Where is this triplex located?
The property is located at 100 Appleton Street Lowell, MA.
What is the asking price?
The asking price for this property is $769,995.
What are key features of this property?
This property features: Three‑family residential income property in Lowell with updated finishes; Current rental income of $5,700/month; One unit expected to become vacant at the end of August
