169-171 Salem St, Lowell, MA, 01854
About This Home
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.
Getting Around
Very Walkable
Good Transit
BikeableSchools
Construction
Condition
- Year built: 1900
Materials
- Foundation: Stone
- Roof: Shingle,Slate,Rubber
- Construction materials: Frame
Type & Style
- Home type: MultiFamily
- Property subType: 5+ Family - 5+ Units Up/Down
Interior
Appliances
- Appliances included: Range,Refrigerator
- Laundry features: Washer Hookup,Dryer Hookup
Basement
- Has basement: Yes
- Basement: Partial
Bedrooms & Bathrooms
- Bedrooms: 8
- Bathrooms: 5
- Full bathrooms: 4
- 1/2 bathrooms: 1
Features
- Upgraded Cabinets,Upgraded Countertops,Kitchen,Office/Den,Living Room,Laundry Room
- Flooring: Vinyl,Carpet,Hardwood
- Finished area above ground: 7,178
Heating & Cooling
- Heating features: Central,Ductless,Forced Air,Electric
- Cooling features: Ductless,Central Air
Interior Area
- Total structure area: 7,178
- Total interior livable area: 7,178 sqft
Property
Details
- Zoning: UMF
Features
- Patio & porch: Porch
- Exterior features: Balcony/Deck
Lot
- Lot size: 9,081 sqft
Parking
- Total spaces: 10
- Parking features: Paved Drive,Off Street
- Has uncovered spaces: Yes
- Uncovered spaces: 10
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Cold Wave
- Heat Wave
- Ice Storm
- Lightning
- Tsunami
How This Home’s Risks Compare
FEMA Declared Disasters Across Massachusetts Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $6,573 | $78,876 |
| Home Insurance * | $469 | $5,628 |
| Property Taxes | $1,094 | $13,128 |
| Electricity | $1,415 | $16,985 |
| Total | $9,551 | $114,612 |
Income You'd Need if You Spent...
Massachusetts FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
No zestimate history available
Price History
| Date | Event | Price |
|---|---|---|
| 2025-11-18 | Listed for sale | $1,300,000 |
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