317 Nesmith St

3,131 Sq. Ft.
$335 / Sq. Ft.
3,131
Sq. Ft.
$335
per Sq. Ft.

Description

Very well maintained building with stabilized rents and performing at a 7.6% cap rate. This turn-key investment property is ready for the its next owner. Located in the Belvidere neighborhood of Lowell, this building is convenient to parks, public transit, highways and downtown Lowell. Featuring 4 - 1 bedroom / 1 bathroom units and 1 - 3 bedroom / 2 bathroom unit. All units have a nice, open, layout and have been updated with stone counter tops, luxury vinyl plank flooring, clean kitchens and bathrooms,...Very well maintained building with stabilized rents and performing at a 7.6% cap rate. This turn-key investment property is ready for the its next owner. Located in the Belvidere neighborhood of Lowell, this building is convenient to parks, public transit, highways and downtown Lowell. Featuring 4 - 1 bedroom / 1 bathroom units and 1 - 3 bedroom / 2 bathroom unit. All units have a nice, open, layout and have been updated with stone counter tops, luxury vinyl plank flooring, clean kitchens and bathrooms, and fresh paint. This building has an on-site coin operated washer / dryer for additional income, a high efficiency gas boiler, an indirect hot water tank, no onsite parking to worry about and a small, easy to maintain, backyard. Don't miss out on the best income producing multi family investment property on the market in Lowell today!

Listing Agent

  1. Nick Cowden

    Nick Cowden

    Listing Agent

    Compass

    nick.cowden@compass.com

    P: (781)-307-2726

Property Details for 317 Nesmith Street

Town
Lowell
MLS Area
Belvidere
Area
MA-Lowell-Belvidere, MA-Lowell
Garage Spaces
0
Parking Spaces
.00
LISTING UPDATED: 03/10/2026 05:43 PM

Property Details for 317 Nesmith Street

StatusNew
MLS #73484860
Days on Market1
Taxes$8,348 / year
HOA Fees-
Compass TypeMulti Family
MLS TypeMulti-family / 5-9 Family
Year Built1920
CountyMiddlesex County
Add your commute

Building Information for 317 Nesmith Street

Stories5Residences5Year Built1920Building Size-Lot Size0.06 AC / 2,613 SF

Payment Calculator

$5,808 per month

30 year fixed, 6.15% Interest

Principal and Interest

$5,113

Property Taxes

$696

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 317 Nesmith Street

General Details
Property Details
  • Building Area Units: Square Feet
  • Community Features: Public Transportation, Shopping, Highway Access
  • Living Area: 3131.0
  • SqFt with Basement: No
  • Total Units: 5
  • Waterfront: No
  • Water View: No
  • Year Built Details: Approximate
  • Year Built Source: Public Records
Features
Interior Features
  • Basement Features: Partial
  • Num of Baths: 6.0
  • Num of Full Baths: 6
  • Num of Half Baths: 0
  • Bathrooms Total Decimal: 6.00
  • Bathrooms Total Integer: 6
  • FireplaceYN: No
  • Fireplaces: 0
  • Interior Features: Laundry Room
  • SpaYN: No
Exterior Features
  • Lot Description: Sloped
Parking Features
  • Covered Spaces: .00
  • Garage: No
Utilities
  • Sewer: City/Town Sewer
  • Water: Public
Property Information
Property Info
  • Year Round: Yes
  • Farm Land Area Units: Square Feet
  • WARRANTY: No
  • Lot Size Units: Acres
  • Disclosures: Listing agent is related to seller. See current rent roll and up to date expenses attached. Recent utility bills etc. can be provided upon request with serious interest.
Tax Information
  • Tax ID: 3194892
  • Assessments: $735,500
  • Book: 37925
  • Tax Year: 2026
  • Zoning: TMF
Building / Association Information
Living Characteristics
  • Beds Total: 7
  • Total Living Levels: 5
Other Building Characteristics
  • Foundation: Concrete Perimeter
  • Levels: 5
  • Heat Zones: 5
Income / Expenses
  • Annual Expenses Source: Owner
  • GOI: $112,200.00
  • NOI: $112,200.00
Complex & Association Information
  • Adult Community: No
Unit Information
Unit 1 Description
  • Floor U1: 1
  • Lease U1: N
  • Levels U1: 1
Unit 2 Description
  • Floor U2: 1
  • Lease U2: N
  • Levels U2: 1
Unit 3 Description
  • Floor U3: 2
  • Lease U3: N
  • Levels U3: 1
Unit 4 Description
  • Floor U4: 2
  • Lease U4: N
  • Levels U4: 1
Rental Info
Rental Info
  • Total Actual Rent: $9,350.00

Property History for 317 Nesmith Street

DateEvent & SourcePriceAppreciation
Mar 10, 2026

Listed (Active)

MLS PIN #73484860

$1,049,000—
Jun 5, 2025

Canceled

MLS PIN #73362935

$1,019,000—
Jun 5, 2025

Temporarily Withdrawn

MLS PIN #73362935

$1,019,000—
May 13, 2025

Price Change

MLS PIN #73362935

$1,029,000—
May 4, 2025

Contingent

MLS PIN #73362935

—
Apr 22, 2025

Listed (Active)

MLS PIN #73362935

$1,049,000—
Jun 30, 2023

Sold

MLS PIN #73111410

$805,000—
May 19, 2023

Under Agreement

MLS PIN #73111410

—
May 19, 2023

Contingent

MLS PIN #73111410

—
May 15, 2023

Listed (Active)

MLS PIN #73111410

$799,900—
Jun 4, 2012

Sold (Public Record)

Public Record #332218109

$1

-99.0% / yr

Oct 8, 2009

Sold (Public Record)

Public Record #277101623

$195,000

+16.8% / yr

Oct 8, 2009

Sold

MLS PIN #70828764

$195,000—
Jul 7, 2009

Under Agreement

MLS PIN #70828764

—
Jul 7, 2009

Contingent

MLS PIN #70828764

—
Oct 1, 2008

Listed (Active)

MLS PIN #70828764

$269,900—
Sep 30, 2008

Expired

MLS PIN #70780052

$269,900—
Jun 18, 2008

Listed (Active)

MLS PIN #70780052

$284,900—
Apr 30, 2008

Expired

MLS PIN #70706326

$299,900—
Jan 31, 2008

Listed (Active)

MLS PIN #70706326

$359,900—
Jun 16, 2000

Sold (Public Record)

Public Record #87890958

$46,000—
DateEvent & SourcePrice
03/10/2026

Listed (Active)

MLS PIN #73484860

$1,049,000
06/05/2025

Canceled

MLS PIN #73362935

$1,019,000
06/05/2025

Temporarily Withdrawn

MLS PIN #73362935

$1,019,000
05/13/2025

Price Change

MLS PIN #73362935

$1,029,000
05/04/2025

Contingent

MLS PIN #73362935

—
04/22/2025

Listed (Active)

MLS PIN #73362935

$1,049,000
06/30/2023

Sold

MLS PIN #73111410

$805,000
05/19/2023

Under Agreement

MLS PIN #73111410

—
05/19/2023

Contingent

MLS PIN #73111410

—
05/15/2023

Listed (Active)

MLS PIN #73111410

$799,900
06/04/2012

Sold (Public Record)

Public Record #332218109

$1

-99.0% / yr

10/08/2009

Sold (Public Record)

Public Record #277101623

$195,000

+16.8% / yr

10/08/2009

Sold

MLS PIN #70828764

$195,000
07/07/2009

Under Agreement

MLS PIN #70828764

—
07/07/2009

Contingent

MLS PIN #70828764

—
10/01/2008

Listed (Active)

MLS PIN #70828764

$269,900
09/30/2008

Expired

MLS PIN #70780052

$269,900
06/18/2008

Listed (Active)

MLS PIN #70780052

$284,900
04/30/2008

Expired

MLS PIN #70706326

$299,900
01/31/2008

Listed (Active)

MLS PIN #70706326

$359,900
06/16/2000

Sold (Public Record)

Public Record #87890958

$46,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 317 Nesmith Street

Taxable ValueLand$159,800Additions$429,700Total$589,500
Tax Record2025$6,767 ($564 / month)
Home Facts
Baths5Total Finished SqFt3,131 SqFtAbove Grade Finished SqFt3,131 SqFtStories2Lot Size2,614 SqFtStyleMulti-Family Res (5+ Units)Year Built1920ZoningTMFCountyMIDDLESEXAPNLOWE M:220 B:4280 L:317

Schools near 317 Nesmith Street

This home is within Lowell School District.
Rating
School
Type
Grades
Distance
Public - PK to 4
Public - PK to 4
Public - PK to 4
Public - PK to 4
Rating
School
Distance
Reilly Elementary School
PublicPK to 4

Shaughnessy Elementary School
PublicPK to 4

Abraham Lincoln Elementary School
PublicPK to 4

Moody Elementary School
PublicPK to 4

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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317 Nesmith Street is a multi-family home for sale in Lowell, MA 01852. This listing's school district is Lowell School District. Nearby schools include Reilly Elementary School, Shaughnessy Elementary School and Abraham Lincoln Elementary School. 317 Nesmith Street is a 7-bed, 6-bath, 3,131 sqft multi-family home built in 1920.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

The property listing data and information, or the images, set forth herein were provided to MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS. The property listing data and information, and the images, 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., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the images, set forth herein.