Low-Rise Apartment Building
169 Walker Street Lowell, MA 01854
169 Walker Street, Lowell, MA, 01854
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For Sale
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Walker Street Apartments offers 3 one-bedroom and 2 two-bedroom units with separately metered, tenant-paid utilities.
Property Size3,547 SF
Price / SF$274.88
Days on Market89
Property Features for 169 Walker Street
General Information
- Standard status
- Active
- Size
- 3,547 SF
- Property subtype
- Multifamily
Listing agency
NorthEast Private Client Group Shelton
Listed by
Anthony Rakuskas · License #9588289
Source
Crexi
Added: Apr 24 Updated: Jul 21 at 3:50AM Checked: Jul 21 at 3:50AM
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 NorthEast Private Client Group Shelton
Investment Insights
Based on property information with market context.
Walker Street Apartments is a residential income property totaling 3,547 square feet and configured with five units: three one-bedroom units and two two-bedroom units. Each unit is supported by separately metered, tenant-paid utilities.
The property is located at 169 Walker Street in Lowell, MA. All interested parties can tour the buildings during scheduled appointments and request additional information.
This small multifamily setup provides a straightforward unit mix of one- and two-bedroom residences, with utility billing handled through separate meters for each tenant.
The property is located at 169 Walker Street in Lowell, MA. All interested parties can tour the buildings during scheduled appointments and request additional information.
This small multifamily setup provides a straightforward unit mix of one- and two-bedroom residences, with utility billing handled through separate meters for each tenant.
Key Highlights
- 3,547 SF multifamily at 169 Walker Street in Lowell, MA
- 5 total units: 3 one‑bedroom and 2 two‑bedroom apartments
- Separately metered tenant‑paid utilities for each unit
Local Financial Insights For Apartment 5plus
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 | $123.4k | $34.80 |
| − Vacancy | −$8.4k | −$2.37 |
| EGI | $115.0k | $32.43 |
| − OpEx | −$51.8k | −$14.60 |
| NOI | $63.3k | $17.84 |
3,547 SF · lease $34.80/SF/yr · vacancy 6.80% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$903.9K
$790.9K – $1.05M
NOI $63,273 @ 7.0% cap · market cap 6.49%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.25M
$1.09M – $1.46M
NOI $87,389 @ 7.0% cap · market cap 8.96%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Apartment building - Walker Street Apartments offers 3 one-bedroom and 2 two-bedroom units with separately metered, tenant-paid utilities.
Where is this apartment building located?
The property is located at 169 Walker Street Lowell, MA.
What is the asking price?
The asking price for this property is $975,000.
What are key features of this property?
This property features: 3,547 SF multifamily at 169 Walker Street in Lowell, MA; 5 total units: 3 one‑bedroom and 2 two‑bedroom apartments; Separately metered tenant‑paid utilities for each unit
