Active
11 Days on market
200 Market St #401 Lowell — Photo 1 of 39

200 Market St #401 Lowell — Photo 1 of 39

$395,000

Investment Analysis — 200 Market St #401

Lowell, MA 01852 — Downtown

Based on HUD Small Area Fair Market Rent for Lowell, MA HUD Metro FMR Area, a 2-bedroom in 01852 carries an estimated $2,160/mo in gross rent — about a 1.98% cap rate and $7,840/yr in estimated NOI at the $395,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

2

Baths

1.5

SqFt

1,642

Style

Condominium

Built

1900

Rare corner unit at Canal Place! This spacious, light-filled condominium offers approximately 1,642 square feet of living space across two levels in the heart of Downtown Lowell. Large windows fill the unit with natural light, creating an open and airy feel throughout. Adding even more value, a deeded garage parking space is included with the sale—a sought-after convenience for downtown living. Freshly painted throughout, this move-in-ready unit features brand-new carpeting, new kitchen appliances, and many additional updates, while retaining the distinctive character of this historic mill building with exposed brick and original wood beams. The flexible two-level floor plan includes two bedrooms, 1.5 baths, in-unit laundry, generous storage, and a spacious loft offering valuable bonus space for a home office, den, guest area, studio, or additional living space. Enjoy elevator access and all that Downtown Lowell has to offer just outside your door, including restaurants, shops, the Merrimack Riverwalk, entertainment venues, UMass Lowell, and Lowell's vibrant arts and cultural scene. Convenient access to the commuter rail, public transportation, and major highways makes travel throughout the Greater Boston area easy and accessible.

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$395,000
Annual Taxes$4,155.24
HOA Fee$642

Parking

Garage1
Off-Street1

Interior Specifications

Total Rooms4
FireplacesNone
FlooringTile, Vinyl, Carpet, Wood Laminate, Flooring - Wall to Wall Carpet
BasementN

Climate & Utilities

HeatingForced Air, Electric Baseboard
CoolingCentral Air, Heat Pump
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionBrick
RoofTar/Gravel
Foundation--
ZoningDMU

Property & Lot

Acres--
SqFt Lot--
Lot Features--

Amenities & Appliances

Range • Dishwasher • Refrigerator

Neighborhood

Public Transportation • Shopping • Park • Medical Facility • Highway Access • House of Worship

Geography

Floorplan Breakdown

Structural Layout

Second
Primary BedroomBedroom 2
First
Living RoomKitchen
Unknown
Bathroom 1Bathroom 2
Living Room
Lvl First

21 x 22

Flooring - Laminate, Open Floorplan

Kitchen
Lvl First

6 x 13

Flooring - Vinyl, Breakfast Bar / Nook

Primary Bedroom
Lvl Second

17 x 20

Beamed Ceilings, Walk-In Closet(s), Flooring - Wall to Wall Carpet

Bedroom 2
Lvl Second

9 x 20

Bathroom 1
Lvl null

7.5 x 5

Bathroom - Half

Bathroom 2
Lvl null

11 x 5

Bathroom - Full, Bathroom - With Tub & Shower

Listing Provided By

Listing Agent: Kerrie Peaslee

Listing Office: Dick Lepine Real Estate, Inc.

MLS® Number: 73571288