
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.
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 MLS and other third-party data may be inaccurate or out of date.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
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Range • Dishwasher • Refrigerator
Neighborhood
Public Transportation • Shopping • Park • Medical Facility • Highway Access • House of Worship
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl First21 x 22
Flooring - Laminate, Open Floorplan
Kitchen
Lvl First6 x 13
Flooring - Vinyl, Breakfast Bar / Nook
Primary Bedroom
Lvl Second17 x 20
Beamed Ceilings, Walk-In Closet(s), Flooring - Wall to Wall Carpet
Bedroom 2
Lvl Second9 x 20
Bathroom 1
Lvl null7.5 x 5
Bathroom - Half
Bathroom 2
Lvl null11 x 5
Bathroom - Full, Bathroom - With Tub & Shower
Listing Agent: Kerrie Peaslee
Listing Office: Dick Lepine Real Estate, Inc.
MLS® Number: 73571288