Investor alert. Excellent investment opportunity in South Lowell. Classic, Solid, Multifamily with 6 spacious de-leaded three bedroom, one bath units. Each is approximately 1200 square feet. Units have updated kitchens, large rooms and Washer dryer hook ups. Slate roof was completely renovated in 2020. There are four off street parking spaces and ample on street parking. Large attic may provide opportunity for expansion. Utilities are paid by the tenants. Solid 8 Cap rate. Don’t miss this rare opportunity
Multi-familyProperty Type
1910Year Built
8,276 sq ftLot Size
$212Price/Sq.Ft.
2 spacesParking
Listed by Michael O'Keefe• Coldwell Banker Realty - Lexington
South Lowell, located between the Concord River and the Lowell Connector, is a residential and industrial Lowell neighborhood with brick mill edges and pocket parks. The neighborhood’s character concentrates around the Aiken Street corridor near the South Common, where corner markets, takeout counters, and small storefronts keep the sidewalks active. Mill-era brickwork and triple-deckers set a practical streetscape, with newer infill mixed in along wider arterials. The Lowell National Historical Park’s canal system and mill buildings frame nearby walks and bike rides. Community life often routes through the South Common’s fields and paths. Local pillars include Mill No. 5, the Lowell Memorial Auditorium, and the Whistler House Museum of Art.
Provided by Walk Score and Local Logic
Property details
Interior
Exterior
Finance
Interior features
Living room
Kitchen
30 total rooms
Full basement
Bathrooms
6 full bathrooms
Kitchen
Range
Refrigerator
Heating & cooling
Baseboard heating
6 heating units
Exterior features
Corner lot
Public road frontage
Home design
5-story building
5 levels
Parking
2 off-street parking spaces
2 open parking spaces
Construction
Granite foundation
Built (year per public records)
Utilities
Public water
Public sewer
HOA & community
Not a senior community
Financial info
Multifamily property (5–9 family)
Building area approximately 7,558 total
Other
Listing status: Active
Electricity and solar
View estimated energy costs and solar savings for this home
Solid 6 Family Investment opportunity in a convenient location close to downtown Lowell and all major commuting routes. Each unit offers a spacious 3 bedroom layout plus living room, kitchen, full bath and several with in-unit laundry hookup. All units have a letter of compliance regarding lead paint. Separate electric and gas utilities paid by tenants! Strong financials and consistent rental history with many long term tenants. Nothing to do but collect the rents. Call today to schedule a showing!
MLS PIN #71915983
Apr 6, 2016
Sold
$740,000
$98/sq ft
Jan 28, 2016
Pending
—
Jan 19, 2016
Price Changed
$764,900
$101/sq ft
Jan 9, 2016
Price Changed
$769,900
$102/sq ft
Dec 27, 2015
Price Changed
$774,900
$103/sq ft
Nov 24, 2015
Price Changed
$779,900
$103/sq ft
Nov 18, 2015
Price Changed
$784,900
$104/sq ft
Oct 29, 2015
Price Changed
$789,900
$105/sq ft
Oct 7, 2015
Listed
$799,900
$106/sq ft
+19
6 Family Investment opportunity in a fantastic location just minutes to all the major rtes and downtown Lowell. Each unit offers a a large floor plan with 3 big bedrooms, Living, Kitchen, full bath and in unit laundry. Each apartment has hardwood floors, updated kitchen cabinets and appliances.Tenants pay their own utilities! This building has been professionally maintained and is in great condition. All units have a letter of compliance regarding lead paint. Nothing to do but collect the rents. Call today to schedule a showing!
MLS PIN #70441854
May 18, 2007
Sold
$516,000
$68/sq ft
Jan 30, 2007
Listing Removed
—
Aug 17, 2006
Listed
$539,000
$71/sq ft
MLS PIN #30624036
Sep 23, 2002
Sold
$320,000
$42/sq ft
Jul 10, 2002
Listing Removed
—
Jul 9, 2002
Listed
$320,000
$42/sq ft
MLS PIN #30241193
Jul 8, 1999
Sold
$190,000
$25/sq ft
Nov 18, 1998
Listing Removed
—
Jul 14, 1998
Listed
$185,000
$24/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$15,485 (+0.9%)
$143,900 + $1,205,000
$1,348,900
2024
$15,354 (−2.8%)
$129,800 + $1,159,400
$1,289,200
2023
$15,801 (+16.1%)
$112,800 + $1,159,400
$1,272,200
2022
$13,607 (+21.9%)
$89,000 + $983,300
$1,072,300
2021
$11,161 (+2.3%)
$77,400 + $751,800
$829,200
2020
$10,906 (+23.2%)
$64,500 + $751,800
$816,300
2019
$8,849 (+3.6%)
$59,700 + $570,600
$630,300
2018
$8,540 (+16.0%)
$56,900 + $536,600
$593,500
2017
$7,365 (−1.6%)
$62,100 + $431,500
$493,600
2016
$7,488 (+14.0%)
$62,400 + $431,500
$493,900
2015
$6,571 (+35.1%)
$62,400 + $362,100
$424,500
2013
$4,865 (+3.2%)
$72,000 + $252,100
$324,100
2012
$4,716 (−0.5%)
$67,200 + $252,100
$319,300
2011
$4,742 (−3.9%)
$67,200 + $265,100
$332,300
2010
$4,936 (+1.4%)
$72,000 + $300,000
$372,000
2009
$4,866
$90,400 + $326,200
$416,600
Public record
Public record
Zoning
Beds
9
Baths
6
Stories
3
Lot width
—
Lot depth
—
Lot size
8,276 Sq. Ft.
Year renovated
—
Finished Sq. Ft.
7,558
Unfinished Sq. Ft.
—
Total Sq. Ft.
7,558
Year built
1910
Style
Multi-Family (5+ Unit)
County
Middlesex County
APN
3193562
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 16, 2026.
TMF
Traditional Neighborhood Multi-Family District
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 • 01852
Average low and high temperatures (°F)
33
17
36
19
51
30
60
39
69
50
81
60
86
65
82
58
76
54
64
43
52
34
38
22
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 9.1 hours in
June and 4.4 hours in December, placing it below the
U.S. average for solar exposure.
9.1 hrs
4.4 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 781 Lawrence St
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