5 Unit Mixed Use Building near UMASS Lowell and within walking distance to many amenities. The property has been well maintained and updated and has plenty of off street parking. The first floor retail space also has a kitchen area with 2 walk-in coolers, 1 walking freezer, and pizza ovens. Two 3-Bedroom updated apartments are above the commercial space. The adjacent 2 residential units each have 1 bedroom. Unit 4 has access to the basement and laundry hookups. Unit 5 has a walkup attic with 2 semi finished rooms. All units have separate utilities as well as washer /dryer hookups. Letters of Initial Lead Inspection Compliance attached in documents for download. Business/Cote's market name, equipment and inventory included in the sale. Plenty of off street parking included.
| Units | 5 |
| Living area | 7,178 sqft |
| Lot size | 9,081 sqft |
| Year built | 1900 |
| Price / sqft | $181 |
| County | Middlesex |
| MLS # | 73455756 |
| Days on market | 55 days |
| Listed on | November 17, 2025 |
| Annual property tax | $15,642 |
| Tax year | 2025 |
| Assessed value | $908,600 |
| Zoning | UMF |
| Gross income (actual) | $108,000/yr |
| Net operating income (actual) | $98,000/yr |
| Total actual rent | $9,000/mo |
| Insurance expense | $7,200/yr |
| Stories | 5 |
| Total rooms | 23 |
| Lot size | 0.21 acres |
| Garage spaces | 0 |
| Parking spaces | 10 |
| Parking | Paved Drive, Off Street |
| Basement | Partial |
| Foundation | Stone |
| Roof | Shingle, Slate, Rubber |
| Construction | Frame |
| Flooring | Vinyl, Carpet, Hardwood |
| Heating | Central, Ductless, Forced Air, Electric |
| Cooling | Ductless, Central Air |
| Sewer | Public Sewer |
| Water | Public |
| Appliances | Range, Refrigerator |
Listing courtesy of RE/MAX Innovative Properties — Raymond Boutin. Listing data © MLS PIN.
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It is a 5-unit multi-family property with 7,178 sqft of living area, built in 1900.
169-171 Salem St, Lowell MA 01854 has been listed for 55 days (since November 17, 2025).
Annual property taxes are $15,642 (2025), on an assessed value of $908,600.
At $1,300,000 for 7,178 sqft, that's about $181 per square foot.
10 total parking spaces (paved drive, off street).
169-171 Salem St, Lowell MA 01854 is in Lowell, Middlesex County, MA 01854.