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16-18 Walnut St

Lowell, MA 01852
$890,000
9 Beds
5 Baths
5,749 Living Area
  • Property Description
    ***BONUS LOT*** Looking for a good investment property? This commuter friendly 5 family located in Lowell also comes with a vacant 5473 sf lot(15 Auburn Street) currently used for parking which also generates income. Buyer to perform due diligence/research on potential development of vacant lot. Rubber roof replaced approx 6 yrs ago. Heat supplied: 2 units gas FHA, 2 units Electric and 1 unit Gas FHW baseboard. 2nd Fl units are new. All units gas hot water. Property currently renting under market value with separate utilities. Lead Safe Homes indicates 4 out of 5 units have lead compliance.
  • Highlights
    • Parking Spots: 16
    • Property Type: 5+ Family - 5+ Units Side by Side
    • Year Built: 1900
    • Property Class: Residential Income
    • Total Rooms: 22
    • Status: Closed
  • Additional Details
    • Appliances: Range
    • Construction: Frame, Stone
    • Foundation: Stone
    • Road Frontage Type: Public
    • Total Number of Units: 5
    • Year Built Source: Public Records
    • Basement: Full, Dirt Floor, Unfinished
    • Flooring: Wood, Tile, Vinyl
    • Lot Features: Level
    • Roof: Rubber
    • Year Built Details: Approximate
    • Zoning: Ttf
  • Amenities
    • Community Features: Public Transportation, Shopping
    • Parking Features: Off Street, Stone/Gravel
  • Utilities
    • Electric: 200+ Amp Service, Individually Metered
    • Water Source: Public
    • Sewer: Public Sewer
  • Fees / Taxes
    • Assessed Value: $664,100
    • Compensation Based On: Gross/Full Sale Price
    • Tax Year: 2023
    • Total Rent: $6,960
    • Buyer Agent Compensation: 2%
    • Facilitator Compensation: 1%
    • Taxes: $8,248

Location

16-18 Walnut St, Lowell, MA 01852

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