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$990,000

28 Grand St
Lowell, MA 01851

Multi Family|Sold 01/30/2026
7
Beds
7
Total Baths
7
Full Baths
3,625
SqFt
$273
/SqFt
1850
Built
County:
Middlesex
Call Now: 401-323-8292
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401-323-8292
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Fantastic investment opportunity 8.93% CAP RATE ! Well-maintained 7-unit building featuring six 2-room studios (approx. 450 sq. ft. each) and one 2-bedroom unit (approx. 500 sq. ft.). All separate electric and gas utilities. All new separate heating systems and hot water tanks. Roof replaced 4 years ago. Long-term tenants with rents well below market—great upside potential for investors. Prime location just a 2-minute walk to train and bus station.

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Listing Snapshot
Bedrooms 
7
Total Baths 
7
Full Baths 
7
Partial Baths 
N/A
Inside Area (SqFt) 
3,625 sqft
Lot Size 
0.06 Acres
Year Built 
1850
MLS® Number 
73456346
Status 
Sold
Property Tax 
$6,575
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Public Records
Friends & Family
Recent Activity
a month agoListing updated with changes from the MLS®
General Features
Acres 
0.06
Foundation 
Stone
Number Of Stories 
2
Parking 
Paved
Property Sub Type 
Multi Family
Sewer 
Public Sewer
SqFt Above 
3625
SqFt Total 
3625
Water Source 
Public
Zoning 
UMU
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Neighborhood & Commute
Source: Walkscore
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