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About this home
Attention owner-occupants and investors looking to add to their portfolio! This 3-family on Lawrence Street offers immediate income plus the flexibility of a vacant unit. The second and third floor units have been freshly painted, and the roof was replaced in 2024, giving the next owner peace of mind on a major capital expense. Each floor has 2 bedrooms + a flex room.Each floor is separately metered for utilities, keeping operating costs low and tenant responsibilities clear. One unit will be delivered vacant at closing – ideal for an owner-occupant looking to offset their mortgage, or an investor ready to set market rent from day one. Off-street parking for 4 vehicles and an ample backyard are rare finds in the city. Convenient location close to downtown Lowell, the Gallagher Transit Terminal, UMass Lowell, and major routes. Strong rental demand in this area makes this a solid addition to any portfolio.
Back Central, located between Downtown Lowell and the Pawtucketville neighborhood, is a residential and historic Lowell neighborhood with brick mill-era streetscapes and pocket parks. The neighborhood’s character concentrates around the bustle of Central Street near Lucy Larcom Park, where corner markets, takeout counters, and small storefronts set a lived-in rhythm. Community touchstones include the Lowell Memorial Auditorium, the Lowell National Historical Park visitor areas, and the Brush Art Gallery & Studios. Triple-deckers and compact multifamily blocks define much of the housing fabric, with older civic buildings punctuating the grid. The Merrimack Riverwalk and canal paths add a linear outdoor corridor that threads the area into the city’s mill landscape. Downtown’s theaters, galleries, and cafes sit just beyond the neighborhood edge for a culture-forward routine.
Provided by Walk Score and Local Logic
Property details
Interior
Exterior
Finance
Kitchen
Bathroom
Bedroom
Living
Interior features
14 total rooms
Insulated doors
Insulated windows
Partially finished basement
Bathrooms
3 full bathrooms
Flooring
Tile, vinyl, carpet, and other flooring
Exterior features
Fenced
Wood deck and patio
Balcony
Rain gutters
Fruit trees
Stone wall
Gentle slope
Home design
Three-family property
Three stories
Parking
4 parking spaces
Paved, off-street tandem parking
Construction
Frame construction
Stone, irregular foundation
Shingle roof
Utilities
Public water
Public sewer
Circuit breakers
Individually metered electric service
Gas range connections; utilities vary by unit
HOA & community
Sidewalks
Electricity and solar
View estimated energy costs and solar savings for this home
Traditional Neighborhood Residential Districts are designed to preserve, promote, and enhance the pedestrian-scale character of Lowell’s historic residential neighborhoods. All three encourage moderately-sized lots and prohibit large-scale developments. The TSF district emphasizes single-family homes, the TTF district also allows two-family homes, while the TMF also allows three-family homes and up to 6-unit multi-family developments by special permit. To encourage neighborhood stability and owner-occupancy, special provisions are provided for single-family developments in the TTF and TMF zones.
Permitted uses
Include but are not limited to:
Religious facility
Day care facility
Housing-Single unit
Housing-Multiple units
Housing-Senior
Mixed use
Public service
Educational/school
Library
Museum / gallery
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
5/10 Heat Factor
7 days above 96° expected this year, 16 days in 30 years
6/10 Wind Factor
27% chance of strong winds in next 30 years
3/10 Air Factor
2 unhealthy days expected this year, 3 days in 30 years
Provided by First Street
Historical weather
Lowell, MA • 01850
Average low and high temperatures (°F)
33
17
36
19
51
30
60
39
69
50
81
60
85
64
82
58
76
53
64
43
52
34
38
22
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
60/ 100
Moderate sunlight
Sunscore
There appears to be some shading by surrounding buildings, terrain, and vegetation.
8.7 hrs
1.2 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 321-323 Lawrence St
$797,160
$2,835 under list price of $800K
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $440K to $855K.