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You are here:
Home Massachusetts Lowell Multi-Family Homes for Sale

2-4 Sutherland St Lowell, MA 01850

$950,000
5 Unit
5 Beds
5 Baths
3518 SQFT
0.09 Acre
2-4 Sutherland St
Lowell, MA 01850

Property Description

Multifamily Gem with Big Upside!! Well-maintained 5-unit multifamily home featuring five spacious 1-bedroom, 1-bath apartments. Each unit offers a comfortable layout with living room, kitchen with dining area, bedroom, and bath. Property is clean, well-kept, and reflects pride of ownership. Off street parking for 6+ cars. Letter of Lead Compliance on file. Current rents are below market value, providing immediate upside potential for investors. This property’s turnkey condition minimizes upfront costs. Lowell’s rental market continues to show high demand, driven by its proximity to Boston, thriving local economy, and growing student population. Perfect for new and seasoned investors and/or owner occupied.

Property Overview

Building Information

  • Total Units: 5
  • Total Floors: 6
  • Total Bedrooms: 5
  • Total Full Baths: 5
  • Amenities: Laundromat, Medical Facility, Park, Public Transportation, Shopping
  • Basement Features: Bulkhead, Concrete Floor, Full
  • Common Rooms: Kitchen, Living Room

Financial

  • APOD Available: Yes
  • Expenses Source: Other (See Remarks)
  • Gross Operating Income: 84300
  • Gross Expenses: 22784
  • Electric Expenses: 310
  • Water/Sewer: 1854
  • INSC: 5859
  • RFS: 2160
  • Management Fee: 4215
  • Net Operating Income: 61516

Utilities

  • Electric Info: Circuit Breakers, Fuses, Nearby, Underground
  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

  • Under Lease: No
  • Floors: 1
  • Levels: 1

Unit 2 Description

  • Under Lease: Yes
  • Floors: 2
  • Levels: 1

Unit 3 Description

  • Floors: 3
  • Levels: 1

Unit 4 Description

  • Floors: 1
  • Levels: 1

Construction

  • Year Built: 1920
  • Type: 5+ Family - 5+ Units Up/Down
  • Construction Type: Aluminum, Frame
  • Foundation Info: Fieldstone
  • Lead Paint: Certified Treated
  • Warranty: No

Other Information

  • MLS ID# 73454640
  • Last Updated: 11/26/25

Date Event Price Price/Sq Ft Source
11/17/2025Active$950,000$270MLSPIN
11/13/2025New$950,000$270MLSPIN

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Map & Resources

Greenhalge School

Public Elementary School, Grades: PK-4

0.23mi

S. Christa McAuliffe Elementary School

Public Elementary School, Grades: PK-4

0.27mi

St. Louis Elementary School

Private School, Grades: PK-8

0.29mi

Henry J Robinson Middle School

Public Middle School, Grades: 5-8

0.31mi

St Louis Elementary

Private School, Grades: PK-8

0.31mi

Wham's Cafe

Cafe

0.36mi

McDonald's

Burger (Fast Food)

0.43mi

Vic’s Breakfast, Subs and Bakery

Restaurant

0.32mi

Cameo Diner

Restaurant

0.37mi

Lowell Fire Department

Fire Station

0.34mi

Dracut Fire Department - Station 1

Fire Station

0.54mi

Mcpherson Park

Park

0.11mi

Hovey Park

Municipal Park

0.15mi

Gage Field

Municipal Park

0.29mi

Hovey Square

Park

0.4mi

Monahan Park

Municipal Park

0.44mi

Hovey Playground

Playground

0.4mi

Thirteenth Street Lot

Recreation Ground

0.4mi

Solution Beauty Salon

Hairdresser

0.2mi

New World

Gas Station

0.38mi

Terry's Kids Laundromat

Laundry

0.2mi

Launderette

Laundry

0.33mi

Townline Laundry

Laundry

0.44mi

Country Farm

Convenience

0.28mi

Hannaford

Supermarket

0.31mi

Market Basket

Supermarket

0.39mi

Seller's Representative: John Lynch, Keller Williams Realty - Merrimack
MLS ID#: 73454640

© 2025 MLS Property Information Network, Inc.. All rights reserved.

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

MLS PIN data last updated at 2025-11-26 14:24:00

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