$999,950
7
Beds
3/2
Baths
5,066
Living Area
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Property Description
Exceptional mixed-use opportunity in the heart of Downtown Lowell. This four-story property has been thoughtfully renovated within the last five years, offering a turnkey acquisition for investors or owner-occupants. Major capital updates include a new rubber roof, plumbing, electrical, and heating systems. All units feature the comfort of FHA and Central AC. The residential units shine with new hardwood flooring, fresh paint, and modern kitchens featuring white cabinetry and stainless steel appliances. You will find great natural light in the open-concept living and dining areas along with convenient laundry hook-ups in the basement. The first floor features a prime retail space with excellent visibility. This commuter-friendly location is just minutes from the Lowell Connector and MBTA Commuter Rail. Residents enjoy easy access to nearby municipal parking garages, dining, theater, parks, and schools. Perfect for portfolio building or a savvy buyer.
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Highlights
- Area: Downtown
- Heating: Forced Air
- Property Class: Residential Income
- Stories: 4
- Year Built: 1940
- Cooling: Central Air
- Levels: 4
- Property Type: 3 Family - 3 Units Up/Down
- Total Rooms: 13
- Status: Active
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Additional Details
- Appliances: Range, Dishwasher, Microwave, Refrigerator
- Construction: Brick
- Flooring: Hardwood
- Interior Features: Kitchen, Living RM/Dining RM Combo, Office/Den
- Road Frontage Type: Public
- SqFt Source: Public Record
- Year Built Details: Actual
- Zoning: Umu
- Basement: Full, Interior Entry, Concrete, Unfinished
- Exclusions: Tenants Personal Property.
- Foundation: Stone
- Lot Features: Other
- Roof: Rubber
- Total Number of Units: 4
- Year Built Source: Public Records
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Amenities
- Community Features: Public Transportation, Shopping, Park, Medical Facility, Highway Access, House of Worship, Public School, T-Station
- Parking Features: Common, Available for Purchase, Other
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Utilities
- Electric: Circuit Breakers
- Water Source: Public
- Sewer: Public Sewer
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Fees / Taxes
- Assessed Value: $1,258,700
- Taxes: $18,697
- Tax Year: 2025
- Total Rent: $6,400
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