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157 Nesmith Street #9 Lowell — Photo 1 of 32

157 Nesmith Street #9 Lowell — Photo 1 of 32

$235,000

Investment Analysis — 157 Nesmith Street #9

Lowell, MA 01852 — Belvidere

Based on HUD Small Area Fair Market Rent for Lowell, MA HUD Metro FMR Area, a 1-bedroom in 01852 carries an estimated $1,650/mo in gross rent — about a 3.47% cap rate and $8,166/yr in estimated NOI at the $235,000 list price. Adjust every assumption in the calculator below.

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Beds

1

Baths

1

SqFt

861

Style

Condominium

Built

1985

Character, space and a central Lowell location come together in this distinctive second-floor condo. Hardwood floors, French doors and period details give the interior personality, beginning with a spacious fireplaced living room that connects to a separate dining room and a bright sunroom surrounded by windows. The bedroom continues the home’s character with hardwood flooring, French doors and a coffered ceiling, while an additional room offers flexibility as a home office. The kitchen provides a functional footprint with range, dishwasher and refrigerator, while the full bath features a tiled tub surround. New forced-air heating and central AC bring modern comfort to the home year-round. Set near Downtown Lowell, the Lowell Connector, I-495, UMass Lowell, Middlesex Community College, Lowell General Hospital and Shedd Park, the location provides easy access to commuter routes and many of the city’s major destinations. With 861 sq ft, six rooms and flexible bonus spaces beyond the bedroom, this condo offers character, functionality and a layout that makes excellent use of its space.

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 MLS and other third-party data may be inaccurate or out of date.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.

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Property Details

Financials

Original Price$235,000
Annual Taxes$2,574
HOA Fee$359

Parking

Garage0
Off-Street1

Interior Specifications

Total Rooms6
Fireplaces1
FlooringTile, Carpet, Laminate, Hardwood
BasementN

Climate & Utilities

HeatingForced Air, Electric
CoolingCentral Air
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionConventional (2x4-2x6)
RoofShingle
Foundation--
ZoningTMF

Property & Lot

Acres--
SqFt Lot--
Lot Features--

Amenities & Appliances

Range • Dishwasher • Refrigerator

Neighborhood

Public Transportation • Shopping • Park • Walk/Jog Trails • Golf • Medical Facility

Geography

Floorplan Breakdown

Structural Layout

Second
Living RoomDining RoomKitchenFamily RoomPrimary BedroomBedroom 2Bathroom 1
Living Room
Lvl Second

17 x 16

Closet, Flooring - Hardwood, French Doors, Cable Hookup

Dining Room
Lvl Second

11 x 14

Closet, Flooring - Hardwood

Kitchen
Lvl Second

7 x 14

Flooring - Laminate

Family Room
Lvl Second

12 x 8

Flooring - Hardwood

Primary Bedroom
Lvl Second

11 x 13

Coffered Ceiling(s), Closet, Flooring - Hardwood, French Doors, Cable Hookup

Bedroom 2
Lvl Second

7 x 8

Bathroom 1
Lvl Second

6 x 8

Bathroom - Full, Bathroom - Tiled With Tub, Flooring - Stone/Ceramic Tile

Listing Provided By

Listing Agent: Paul Coleman

Listing Office: Lamacchia Realty, Inc.

MLS® Number: 73580764