Location filter
  • Any
  • Boston
  • Boston - Allston
  • Boston - Back Bay
  • Boston - Bay Village
  • Boston - Beacon Hill
  • Boston - Brighton
  • Boston - Charlestown
  • Boston - Chinatown
  • Boston - Dorchester
  • Boston - Downtown
  • Boston - East Boston
  • Boston - Fenway
  • Boston - Fort Hill
  • Boston - Hyde Park
  • Boston - Jamaica Plain
  • Boston - Mattapan
  • Boston - Mission Hill
  • Boston - North End
  • Boston - Roslindale
  • Boston - Roxbury
  • Boston - Seaport
  • Boston - South Boston
  • Boston - South End
  • Boston - West End
  • Boston - West Roxbury
  • Abington
  • Andover
  • Arlington
  • Belmont
  • Beverly
  • Billerica
  • Braintree
  • Bridgewater
  • Brookline
  • Burlington
  • Cambridge
  • Canton
  • Chelsea
  • Cohasset
  • Danvers
  • Dedham
  • Everett
  • Framingham
  • Gloucester
  • Hingham
  • Lawrence
  • Lexington
  • Lowell
  • Lynn
  • Lynnfield
  • Malden
  • Marlborough
  • Medford
  • Melrose
  • Methuen
  • Milton
  • Natick
  • Needham
  • Newton
  • North Reading
  • Norwood
  • Peabody
  • Pembroke
  • Plymouth
  • Quincy
  • Randolph
  • Reading
  • Revere
  • Salem
  • Saugus
  • Sharon
  • Somerville
  • Stoneham
  • Stoughton
  • Swampscott
  • Taunton
  • Wakefield
  • Waltham
  • Watertown
  • Wayland
  • Wellesley
  • Westwood
  • Weymouth
  • Wilmington
  • Winthrop
  • Woburn
$739,000
Total Beds: 6 Total Baths: 4
Total Units: 3 SQFT: 3497
LOT size: 0.09 Acres
47 Mount Vernon
Lowell, MA 01854
View Map

Property Description

Fantastic opportunity for an owner-occupant or investor! This spacious three-family home in a prime Lowell location is just minutes from downtown, , the Merrimack River, major highways, and walking distance to UMass Lowell. The first-floor unit is currently owner-occupied and will be delivered vacant at closing, offering flexibility for a new owner or rental potential. The second and third-floor units are occupied by long-term tenants (TAW) who wish to stay, providing immediate rental income. Rents are currently below market value, presenting great upside potential. Each unit has separate utilities, with the owner covering the water bill. The property also features a garage for extra storage and the ability to hold one car inside. The property includes two parking spots currently used by the owner, plus one designated street parking spot per unit. Group showings ONLY Thursday, April 3, from 5:30PM – 7:00PM, and Saturday, April 5, from 12:00PM – 2:00PM. SOLD AS-IS.

Property Details

Building Information

  • Total Units: 3
  • Total Floors: 6
  • Total Bedrooms: 6
  • Total Full Baths: 3
  • Total Half Baths: 1
  • Amenities: Park, Public Transportation
  • Basement Features: Full, Interior Access, Unfinished Basement
  • Common Rooms: Kitchen, Living Room, Office/Den, Sunroom
  • Common Interior Features: Bathroom with Shower Stall, Security System, Storage, Tile Floor
  • Common Appliances: Range, Refrigerator, Washer / Dryer Combo
  • Common Heating: Active Solar, Electric Baseboard, Gas, Hot Air Gravity, Hot Water Baseboard, Hot Water Radiators
  • Common Cooling: None

Financial

  • APOD Available: No
  • Gross Operating Income: 22800
  • Net Operating Income: 22800

Utilities

  • Heat Zones: 3
  • Utility Connections: for Gas Range
  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

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

Unit 2 Description

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

Unit 3 Description

  • Included in Rent: Water
  • Floors: 3
  • Levels: 3

Construction

  • Year Built: 1900
  • Type: 3 Family
  • Construction Type: Aluminum, Frame
  • Foundation Info: Irregular
  • Flooring Type: Hardwood, Laminate, Tile, Wall to Wall Carpet, Wood
  • Lead Paint: Unknown
  • Warranty: No

Other Information

  • MLS ID# 73353118
  • Last Updated: 04/03/25

Mortgage Calculator

Click to see breakdown

Map

Seller's Representative: Sueann Yin Rasavong, eXp Realty
Sub Agent Compensation: n/a
Buyer Agent Compensation: n/a
Facilitator Compensation: n/a
Compensation Based On: n/a
Sub-Agency Relationship Offered: No

© 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 2025-04-03 22:13:00