$705,000
6
Beds
4
Baths
3,454
Living Area
-
Property Description
Nestled at 197 White St in Lowell, MA, this multi-family property boasts four units featuring a total of six bedrooms and four baths, offering ample living space for tenants. Its strategic location near Umass Lowell adds to its appeal, likely drawing students and faculty seeking accommodation. A notable perk is the provision of four off-street parking spaces, ensuring convenience and potentially attracting more tenants. Moreover, with tenants responsible for utility payments, the property holds promise for generating positive cash flow. However, thorough due diligence, including viewings and financial analysis, remains crucial. Overall, this property presents an enticing investment opportunity for those seeking stable returns in the Lowell area.**Group showing 5/1/24 at 12pm
-
Highlights
- Parking Spots: 4
- Property Type: 4 Family
- Year Built: 1938
- Property Class: Residential Income
- Total Rooms: 16
- Status: Closed
-
Additional Details
- Basement: Full
- Flooring: Tile, Vinyl, Carpet
- Lot Features: Corner Lot
- Total Number of Units: 4
- Year Built Source: Public Records
- Construction: Frame
- Foundation: Stone
- Road Frontage Type: Public
- Year Built Details: Approximate
- Zoning: Ttf
-
Amenities
- Community Features: Public Transportation
- Parking Features: Paved Drive, Off Street
-
Utilities
- Sewer: Public Sewer
- Water Source: Public
-
Fees / Taxes
- Assessed Value: $631,400
- Compensation Based On: Net Sale Price
- Tax Year: 2023
- Total Rent: $5,250
- Buyer Agent Compensation: 2%
- Facilitator Compensation: 2%
- Taxes: $7,842
Similar Listings
Sold
27 Photos
Sold
42 Photos
Sold
35 Photos
Sold
35 Photos
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 LAER Realty Partners.
MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.