Active
48 Days on market
116 Midland Street Lowell — Photo 1 of 29

116 Midland Street Lowell — Photo 1 of 29

Recent Drop: $29,999

$634,999
$605,000

$605,000

Investment Analysis — 116 Midland Street

Lowell, MA 01851

Based on HUD Small Area Fair Market Rent for Lowell, MA HUD Metro FMR Area, a 3-bedroom in 01851 carries an estimated $2,720/mo in gross rent — about a 3.20% cap rate and $19,374/yr in estimated NOI at the $605,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

3

Baths

1

SqFt

1,477

Style

Single Family

Built

1910

Here is a great opportunity to own this wonderful Colonial single family home with a nice level lot in the Highland area. Featuring 6+ cars tandem off-street parking, Pergo laminate flooring through out home, Extra 3/4 bathroom on first floor, Washer & Dryer machine in first floor full bathroom, Fujitsu Mini split heat and cool on second floor was installed about 5 years ago, New windows was installed about 4 years ago, Steam radiator on first floor, Family room and Other rooms could be utilize as an additional bedroom/office/play rooms, Formal dining room, Living room, Eat-in Kitchen has mud room and a rear door access outside to driveway and backyard. There is a large shed that could be convert to a garage, just an ideal for a handyman or someone willing to build sweat equity for this beautiful home has to offer. Property needed TLC and being sold "AS IS" condition.

ADU Potential

Massachusetts allows one accessory dwelling unit by right in single-family zoning districts statewide (M.G.L. c. 40A §3; 760 CMR 71.00, effective Feb 2025). Estimated maximum ADU size for this property: 739 sq ft (the lesser of 900 sq ft or half the 1,477 sq ft principal dwelling). Lot size: 7,485 sq ft.

Based on listing data, which indicates the property type — not the zoning district. Local dimensional, septic (Title 5), and historic-district requirements still apply. Not legal advice — verify with the municipality.

Estimates — not financial advice

These figures are illustrative estimates for informational purposes only — not an appraisal, valuation, or guarantee of rent, income, or returns, and not financial, tax, or investment advice. Rent is either the figure reported on the MLS listing — in-place rent that may differ from market and is not verified against the actual leases — or, where the listing reports none, an estimate from HUD Small Area Fair Market Rents, a government benchmark that may differ from actual market rent. Each figure is labelled with its source. Cap rate, NOI, and returns depend on the assumptions shown, which you can change. MLS and other third-party data may be inaccurate or out of date. Verify all figures independently and consult your own financial, tax, and legal advisors before making any investment decision.

Property Details

Financials

Original Price$634,999
Annual Taxes$5,431.52

Parking

Garage0
Off-Street6

Interior Specifications

Total Rooms8
FireplacesNone
FlooringWood, Laminate
BasementFull, Dirt Floor

Climate & Utilities

HeatingSteam, Oil
CoolingNone
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofShingle
FoundationStone
ZoningTSF

Property & Lot

Acres0.17
SqFt Lot7,485
Lot FeaturesLevel

Amenities & Appliances

Electric Water Heater • Water Heater • Range • Dishwasher • Microwave • Refrigerator • Washer • Dryer

Geography

Floorplan Breakdown

Structural Layout

Second
Primary BedroomBedroom 2Bedroom 3
First
Living RoomDining RoomKitchenFamily RoomBathroom 1Bathroom 2
Living Room
Lvl First
Dining Room
Lvl First
Kitchen
Lvl First
Family Room
Lvl First
Primary Bedroom
Lvl Second

Closet, Flooring - Laminate

Bedroom 2
Lvl Second
Bedroom 3
Lvl Second

Closet, Flooring - Laminate

Bathroom 1
Lvl First

Bathroom - Full

Bathroom 2
Lvl First

Bathroom - 3/4

Property History

Price Drop
$605,000

Was $634,999

Sep 8, 2026

MLS® 73555339

Listed
$634,999

Jul 27, 2026

MLS® 73555339

Listing Provided By

Listing Agent: Borath L. Men

Listing Office: Homeplace Realty, Inc.

MLS® Number: 73555339