$850,000
17
Beds
6
Baths
6,178
Living Area
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Property Description
Great Opportunity To Own A Six Unit Multi-Family Steps Away From UMass Lowell And Public Transportation. Five units are 5rm/3bdrm and 100% occupied. All tenants are 30 day TAW. Owner's unit, (4rm/2bdrm), will be delivered vacant at closing. Property needs updating but bones appear solid. Separate systems. Even with below market rents current cap rate is 8%, with an 11% cash on cash return.
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Highlights
- Property Class: Residential Income
- Total Rooms: 29
- Status: Closed
- Property Type: 5+ Family - 5+ Units Up/Down
- Year Built: 1900
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Additional Details
- Foundation: Concrete Perimeter
- Total Number of Units: 6
- Year Built Source: Public Records
- Lot Features: Level
- Year Built Details: Actual
- Zoning: Umf
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Utilities
- Sewer: Public Sewer
- Water Source: Public
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Fees / Taxes
- Assessed Value: $684,600
- Compensation Based On: Net Sale Price
- Tax Year: 2023
- Total Rent: $8,650
- Buyer Agent Compensation: 2%
- Facilitator Compensation: 1%
- Taxes: $8,500
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Content © 2026 MLS Property Information Network, Inc. The information in this listing was gathered from third party resources including the seller and public records.
Listing information provided courtesy of Coldwell Banker Realty - Boston.
MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.