The first 4-family residence available in the UPPER HIGHLANDS in years, this versatile property offers not only tremendous value for the savvy investor, but also a great opportunity for owner-occupied investment and/or multi-generational living. Architecturally striking with Victorian flair, this sprawling colonial features a wrap-around front porch, roof-top deck, dual driveways for 6 cars (plus more side-street parking), all sited on a pretty corner lot with lawn space and mature plantings. First floor comprises two spacious 1-BR units. The two upper 2-BR apartments are two-level, townhouse-style (a bonus large extra room with closet and windows on the main level in each unit could possibly be converted to a 3rd BR by simply installing doors - buyers and agents to do due diligence on feasibility/use). Beautiful hardwood floors in every unit (some wide pine too), plus lots of period details and decorative millwork throughout! Updates over the years include many newer appliances, cabinets and fixtures, modern replacement windows, low-maintenance vinyl siding, and new composite flooring on exterior porches, stairs and deck. Property is fully occupied with all tenants-at-will, all rents well below market (investors take note of the INCREDIBLE upside potential and returns!). A commuter’s dream, with quick access to Rts. 495/3 and the Commuter Rail! Don’t miss this one!!
| Units | 4 |
| Living area | 3,678 sqft |
| Lot size | 6,742 sqft |
| Year built | 1900 |
| Price / sqft | $251 |
| County | Middlesex |
| MLS # | 73592118 |
| Days on market | 0 days |
| Listed on | October 17, 2026 |
| Annual property tax | $8,758 |
| Tax year | 2026 |
| Assessed value | $771,600 |
| Zoning | TMF |
| Gross income (actual) | $48,816/yr |
| Net operating income (actual) | $39,212/yr |
| Total actual rent | $4,068/mo |
| Electric expense | $200/yr |
| Insurance expense | $3,511/yr |
| Stories | 6 |
| Total rooms | 16 |
| Lot size | 0.15 acres |
| Garage spaces | 0 |
| Parking spaces | 6 |
| Parking | Paved Drive, Off Street, Paved |
| Basement | Full, Interior Entry, Concrete, Unfinished |
| Foundation | Block, Stone |
| Roof | Slate, Rubber |
| Construction | Frame |
| Flooring | Hardwood |
| Heating | Baseboard, Natural Gas, Forced Air |
| Cooling | Window Unit(s) |
| Sewer | Public Sewer |
| Water | Public |
| Appliances | Range, Dishwasher, Microwave, Refrigerator |
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Listing courtesy of a MLS PIN member office. Listing data © MLS PIN.
Auto-generated from the listing data — richer AI answers coming with the live site.
It is a 4-unit multi-family property with 3,678 sqft of living area, built in 1900.
221-223 Pine St., Lowell MA 01851 has been listed for 0 days (since October 17, 2026).
At a list price of $924,900 across 4 units, that works out to roughly $231,225 per unit.
Annual property taxes are $8,758 (2026), on an assessed value of $771,600.
At $924,900 for 3,678 sqft, that's about $251 per square foot.
6 total parking spaces (paved drive, off street, paved).
221-223 Pine St., Lowell MA 01851 is in Lowell, Middlesex County, MA 01851.

Justin Rollo is a Broker Associate with Signal Real Estate (MA Lic. #9534264) and a lifelong Massachusetts resident. Over 14 years and hundreds of transactions, he has worked investment properties — multi-families and house-hacking — across Greater Boston full-time. Away from real estate, Justin is a proud dad, youth coach and local school-committee member — and a former professional poker player who still loves golf and following local sports.