Sold!
$520,000
5
Beds
2
Baths
2,080
Living Area
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Property Description
This two-family property in downtown Lowell is vacant & turnkey!! Its prime location provides easy access to public transportation, major highways & nearby universities, making it an ideal choice for both investors and residents. The spacious layout of each renovated unit include 2-3 bedrooms, full bath, a living area & a well-appointed kitchen with granite counters & stainless appliances. The property will include 2 deeded parking spots, which is a valuable asset in the downtown area. The thriving rental market in Lowell ensures a steady stream of potential tenants, including students & young professionals. Its close proximity to universities and downtown businesses makes it highly attractive to renters. For those looking to live in one unit & rent out the other, this property offers the potential for affordable homeownership by supplementing your mortgage payments with rental income. Buyer/buyers agent to do own due diligence. Open house Sat 6/17 10:30-11:30am, showings begin 6/14
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Highlights
- Area: Downtown
- Heating: Unit 1(Gas), Unit 2(Electric)
- Property Class: Residential Income
- Total Rooms: 9
- Status: Closed
- Cooling: Unit 1(None), Unit 2(None)
- Parking Spots: 2
- Property Type: Multi Family
- Year Built: 1920
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Additional Details
- Appliances: Unit 1(Range, Refrigerator), Unit 2(Range, Refrigerator), Utility Connections for Electric Range
- Construction: Frame
- Foundation: Stone
- Lot Features: Corner Lot
- Total Number of Units: 2
- Year Built Source: Public Records
- Basement: Unfinished
- Flooring: Vinyl
- Interior Features: Storage, Other (See Remarks), Unit 1(Pantry, Stone/Granite/Solid Counters, Upgraded Cabinets, Bathroom With Tub & Shower), Unit 2(Pantry, Stone/Granite/Solid Counters, Upgraded Cabinets, Bathroom With Tub & Shower), Unit 1 Rooms(Living Room, Kitchen), Unit 2 Rooms(Living Room, Kitchen, Mudroom)
- Roof: Shingle
- Year Built Details: Approximate
- Zoning: Tmf
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Amenities
- Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Laundromat, Bike Path, Highway Access, House of Worship, Private School, Public School, T-Station, University
- Parking Features: Off Street, On Street
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Utilities
- Electric: Individually Metered
- Water Source: Public
- Sewer: Public Sewer
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Fees / Taxes
- Assessed Value: $297,600
- Compensation Based On: Net Sale Price
- Rental Fee Includes: Unit 1(Water), Unit 2(Water)
- Taxes: $3,777
- Buyer Agent Compensation: 2%
- Facilitator Compensation: 1%
- Tax Year: 2022
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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 Chinatti Realty Group, Inc..
MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.
