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Five-Unit Multifamily Building
For Sale
$649,000

101 Congress St., Lowell, MA 01852

Five-unit multifamily with four 2-bedroom units and one 1-bedroom unit, offered for sale in Lowell.

Property Size4,248 SF
Price / SF$152.78
Days on Market38

Property Features for 101 Congress St.

General Information

Standard status Active
Size 4,248 SF
Property subtype Residential Income
Zoning TTF
Net Operating Income $50,400

Units

Unit Mix 4 x 2BR, 1 x 1BR
Multifamily Units 5

Additional Details

Asking Price $649,000
Public Transit Yes

Taxes and HOA fees

Annual Taxes $7,538

Building Details

Building Size 4,248 SF
Year Built 1900
Stories 5
Listing Agency: LAER Realty Partners
Listed By: Spiro Skinsacos
Source: Laerrealty
Added: Jul 28 Changed: Sep 3 Last Checked: Jul 29 at 3:18AM

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 LAER Realty Partners

Investment Insights

Based on property information with market context.

This five-unit multifamily property includes four 2-bedroom apartments and one 1-bedroom apartment. The exterior is described as having strong curb appeal, while the interior is presented as ready for renovation, supporting value-add modernization of the units.

The property is located near downtown Lowell, with access to public transportation, shopping, restaurants, and major commuter routes. The asset is listed as 101 Congress Street.

With approximately 4,248 square feet of living space, the building offers a mix of unit sizes within a single income property configuration.

Key Highlights

  • Five‑unit multifamily property offered at $649,000 at 101 Congress Street in Lowell
  • Unit mix: four 2‑bedroom apartments and one 1‑bedroom apartment
  • Approx. 4,248 SF of living space across the five units

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Skin Care Clinic Storage Facility Acupuncture Hotel & Motel Pet Grooming Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

5
Residential units

Location Intelligence

Trade Area within ½ mile

1,607
Businesses Nearby

Demographics for 01852, MA

36,708
Population
15,363
Households
2.4
Avg Household Size
37
Median Age
33%
College-Educated
86%
High-School Grad
5.0 sq mi
ZIP Area
7,342
Density / Sq Mi
$77,058
Median Household Income
$48,976
Median Earnings
$1,567
Median Rent
$397,200
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Five-unit multifamily with four 2-bedroom units and one 1-bedroom unit, offered for sale in Lowell.
Where is this apartment building located?
The property is located at 101 Congress St. Lowell, MA.
What is the asking price?
The asking price for this property is $649,000.
What are key features of this property?
This property features: Five‑unit multifamily property offered at $649,000 at 101 Congress Street in Lowell; Unit mix: four 2‑bedroom apartments and one 1‑bedroom apartment; Approx. 4,248 SF of living space across the five units
More about this property
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