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

169-171 Salem St Lowell, MA 01854

$1,300,000
5 Unit
8 Beds
5 Baths
7178 SQFT
0.21 Acre
169-171 Salem St
Lowell, MA 01854

Property Description

5 Unit Mixed Use Building near UMASS Lowell and within walking distance to many amenities. The property has been well maintained and updated and has plenty of off street parking. The first floor retail space also has a kitchen area with 2 walk-in coolers, 1 walking freezer, and pizza ovens. Two 3-Bedroom updated apartments are above the commercial space. The adjacent 2 residential units each have 1 bedroom. Unit 4 has access to the basement and laundry hookups. Unit 5 has a walkup attic with 2 semi finished rooms. All units have separate utilities as well as washer /dryer hookups. Letters of Initial Lead Inspection Compliance attached in documents for download. Business/Cote's market name, equipment and inventory included in the sale. Plenty of off street parking included.

Property Overview

Building Information

  • Total Units: 5
  • Total Floors: 5
  • Total Bedrooms: 8
  • Total Full Baths: 4
  • Total Half Baths: 1
  • Amenities: House of Worship, Laundromat, Medical Facility, Park, Public Transportation, Shopping, University
  • Basement Features: Partial
  • Common Rooms: Kitchen, Living Room, Office/Den
  • Common Interior Features: Upgraded Cabinets, Upgraded Countertops
  • Common Appliances: Dryer Hookup, Range, Refrigerator, Washer Hookup
  • Common Heating: Central Heat, Ductless Mini-Split System, Electric, Electric, Forced Air, Forced Air, Oil, Space Heater
  • Common Cooling: Central Air

Financial

  • APOD Available: No
  • Gross Operating Income: 108000
  • Gross Expenses: 10000
  • Water/Sewer: 2800
  • INSC: 7200
  • Net Operating Income: 98000

Utilities

  • Heat Zones: 5
  • Cooling Zones: 2
  • Electric Info: Circuit Breakers, Underground
  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

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

Unit 2 Description

  • Included in Rent: Water
  • Under Lease: No
  • Floors: 2
  • Levels: 1

Unit 3 Description

  • Included in Rent: Water
  • Under Lease: No
  • Floors: 3
  • Levels: 1

Unit 4 Description

  • Included in Rent: Water
  • Under Lease: No
  • Floors: 1
  • Levels: 1

Construction

  • Year Built: 1900
  • Type: 5+ Family - 5+ Units Up/Down
  • Construction Type: Aluminum, Frame
  • Foundation Info: Fieldstone
  • Roof Material: Aluminum, Asphalt/Fiberglass Shingles, Rubber, Shingle, Slate
  • Flooring Type: Hardwood, Vinyl, Wall to Wall Carpet
  • Lead Paint: Certified Treated, Unknown
  • Warranty: No

Other Information

  • MLS ID# 73455756
  • Last Updated: 12/07/25

Date Event Price Price/Sq Ft Source
11/21/2025Active$1,300,000$181MLSPIN
11/17/2025New$1,300,000$181MLSPIN

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Map & Resources

Saint Josephs Boys School

School

0.02mi

University Crossing

University

0.06mi

University of Massachusetts Lowell

University

0.06mi

Saint Josephs School

School

0.08mi

University of Massachusetts Lowell East Campus

University

0.16mi

Charlotte M Murkland Elementary School

Public Elementary School, Grades: PK-4

0.19mi

Old Colony Y Lowell Revocation Program

Special Education, Grades: 9-12

0.24mi

St. Patrick School and Educational Center

Private School, Grades: PK-8

0.25mi

Charlie's

Bar

0.15mi

Loyal Lounge

Bar

0.61mi

The Blue Shanrock

Bar

0.66mi

Smokehouse Tavern

Bar

0.66mi

Blue Shamrock

Bar

0.66mi

The Old Court Irish Pub And Restaurant

Bar

0.74mi

Trend Nightclub

Bar

0.76mi

Cappy's Copper Kettle

Bar

0.82mi

The Social Pup

Animal Boarding

0.8mi

Lowell General Hospital

Hospital

0.88mi

Lowell General - Saints Campus

Hospital

1.01mi

Solomon Mental Health Center

Hospital

1.2mi

Lowell Fire Department

Fire Station

0.39mi

Lowell Fire Prevention Bureau

Fire Station

0.64mi

Lowell Fire Department

Fire Station

0.72mi

Lowell Fire Department

Fire Station

0.81mi

Lowell Fire Department

Fire Station

1.16mi

Onyx Room Performance Space

Theatre

0.68mi

Boarding House Park

Theatre

0.7mi

Middlesex Community College Merrimack Building

Theatre

0.89mi

Lowell Memorial Auditorium

Theatre

0.92mi

Brush Art Gallery

Arts Centre

0.6mi

Western Avenue Studios

Arts Centre

0.65mi

The Luna Theater

Cinema

0.72mi

Loading Dock Gallery

Gallery

0.66mi

Campus Recreation Complex

Sports Centre

0.17mi

Costello Athletic Center

Sports Centre

0.42mi

Cushing Field Complex

Sports Centre. Sports: Multi

0.45mi

Cushing Field

Sports Centre. Sports: Soccer, Lacrosse

0.49mi

Campus Recreation Center

Fitness Centre

0.22mi

Lowell Heritage State Park

State Park

0.73mi

Lowell Heritage State Park

State Park

0.85mi

North Common

Municipal Park

0.12mi

Harmony Park

Municipal Park

0.35mi

Tsongas

Park

0.37mi

Lawrence Mills Park

Park

0.41mi

Kuomantzelis Field

Municipal Park

0.44mi

Whitler Park

Park

0.45mi

Moody Street Playground

Playground

0.07mi

Olga Nieves Playground

Playground

0.45mi

Bartlett Community Partnership School

Recreation Ground

0.41mi

River Greenway

Recreation Ground

0.46mi

Vandenburg Esplanade

Recreation Ground

0.48mi

Haffner's

Gas Station

0.51mi

Shell

Gas Station

0.51mi

New World

Gas Station

0.66mi

Shell

Gas Station

0.72mi

Murkland School Library

Library

0.21mi

Martin J. Lydon Library

Library

0.33mi

Pollard Memorial Library

Library

0.4mi

Senior Center Branch Library

Library

0.41mi

Market Basket

Supermarket

0.33mi

Bayon Market

Supermarket

0.8mi

Salem St Variety

Convenience

0.07mi

University Convenience

Convenience

0.43mi

Haffner's

Convenience

0.5mi

Joe's Kwik Mart

Convenience

0.72mi

Country Farm

Convenience

0.78mi

CVS Pharmacy

Pharmacy

0.87mi

Seller's Representative: Raymond Boutin, RE/MAX Innovative Properties
MLS ID#: 73455756

© 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 2025-12-07 19:20:00