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Edward Woodies House 312 Wilder St 3 Unit Apartment Building $959,999 ($320,000/Unit) Lowell, MA 01851
Investment Highlights
- Historial Victorian
- Ample Parking
- Major Capital Improvements
Executive Summary
Well-maintained historic three-unit property ideally located steps from UMass Lowell, downtown amenities, shopping, and public transportation. Known as the Edward Woodies House, this stately Colonial was built in 1893 and owned by the same family for over 50 years. The vacant, bi-level second- and third-floor residence featuring four bedrooms, wood-burning fireplace, in-unit laundry, and ample storage. Recent upgrades include refinished hardwood floors, fresh paint, upgraded bathroom, new carpeted stairwell, and a renovated kitchen with granite countertops and new appliances. The front unit was fully renovated in 2025, while the rear unit was updated within the past five years. Boilers and electrical panels have been updated; both are occupied by quality tenants.
Data Room Click Here to Access
Financial Summary (Pro Forma - 2026) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
$99,999
|
$9.99
|
| Vacancy Loss |
$99,999
|
$9.99
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Pro Forma - 2026) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Vacancy Loss | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
| Price | $959,999 | Building Class | C |
| Price Per Unit | $320,000 | Lot Size | 0.25 AC |
| Sale Type | Investment | Building Size | 3,479 SF |
| No. Units | 3 | Average Occupancy | 67% |
| Property Type | Multifamily | No. Stories | 3 |
| Property Subtype | Apartment | Year Built/Renovated | 1893/2025 |
| Apartment Style | Low-Rise | ||
| Zoning | TSF - Triplex | ||
| Price | $959,999 |
| Price Per Unit | $320,000 |
| Sale Type | Investment |
| No. Units | 3 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.25 AC |
| Building Size | 3,479 SF |
| Average Occupancy | 67% |
| No. Stories | 3 |
| Year Built/Renovated | 1893/2025 |
| Zoning | TSF - Triplex |
Amenities
Unit Amenities
- Storage Space
- Heating
- Hardwood Floors
- Yard
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 4+1 | 1 | - | - |
| 1+1 | 1 | - | - |
1 1
Walk Score®
Very Walkable (78)
Property Taxes
| Parcel Number | LOWE-000103-006385-000312 | Improvements Assessment | $619,700 (2025) |
| Land Assessment | $197,800 (2025) | Total Assessment | $817,500 (2025) |
Property Taxes
Parcel Number
LOWE-000103-006385-000312
Land Assessment
$197,800 (2025)
Improvements Assessment
$619,700 (2025)
Total Assessment
$817,500 (2025)
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Edward Woodies House | 312 Wilder St
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