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$1,180,000
Total Beds: 7 Total Baths: 5
Total Units: 5 SQFT: 2410
LOT size: 0.09 Acres
75 Bowers St
Lowell, MA 01854
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Property Description

Northeast Private Client Group® is pleased to present present The Bowers Street Apartments at 75 Bowers Street in Lowell, MA. Located within walking distance to UMass Lowel North Campus, this two-story, five-unit multifamily property has (3) one-bedroom and (2) two-bedroom floor plans. Fully rehabbed in 2019, the building received new plumbing, electrical, fire alarm system, HVAC and more. All units have been renovated and there is coin-op laundry on the first floor. The new buyer has upside through raising rents to market rate without any major renovations. It is conveniently located near public transportation, shopping, and dining options, with easy access to Boston. All interested and qualified parties can tour the property during scheduled appointments and obtain additional information upon request.

Property Details

Building Information

  • Total Units: 5
  • Total Floors: 7
  • Total Bedrooms: 7
  • Total Full Baths: 5
  • Amenities: Public Transportation

Financial

  • APOD Available: Yes
  • Expenses Source: Owner Provided
  • Gross Operating Income: 96720
  • Gross Expenses: 23544
  • Electric Expenses: 934
  • Water/Sewer: 1307
  • INSC: 4160
  • Net Operating Income: 71316

Utilities

  • 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: No
  • Floors: 1
  • Levels: 1

Unit 3 Description

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

Unit 4 Description

  • Under Lease: No
  • Floors: 2
  • Levels: 1

Construction

  • Year Built: 1900
  • Type: 5+ Family - 5+ Units Up/Down
  • Foundation Info: Poured Concrete
  • Lead Paint: Certified Treated
  • Warranty: No

Other Information

  • MLS ID# 73372935
  • Last Updated: 05/16/25

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Map

Seller's Representative: Patrick Wheeler, Northeast Private Client Group, LLC
Sub Agent Compensation: n/a
Buyer Agent Compensation: n/a
Facilitator Compensation: n/a
Compensation Based On: n/a
Sub-Agency Relationship Offered: No

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MLS PIN data last updated at 2025-05-16 03:05:00