Sold!
$857,000
8
Beds
3
Baths
3,485
Living Area
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Property Description
INVESTORS...GREAT INCOME and LOCATION, DE-LEADED Certified, 3-Family with a potential Gross Cap Rate of 10% located in Centralville. Property has 8 bedrooms and 3 baths, 2-3 bedroom units with FHW and gas heat and 1-2 bedroom unit with electric heat. The 2 bedroom is unoccupied and the other two are month to month on the CTI Housing program. There is also a vacant deeded lot behind the house. Updates include kitchens, bathrooms, plank and commercial grade flooring, vinyl siding and windows. The property sits amongst single family homes, is in a pretty area, convenient and walkable to Downtown Lowell, groceries, restaurants, festivals and across from a church with it's own parking, leaving plenty of on-street parking. Open House is Saturday, 3/21, 11-1:00. Offer deadline: Monday, 3/23, @ noon.
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Highlights
- Area: Centralville
- Levels: 4
- Property Class: Residential Income
- Stories: 4
- Year Built: 1930
- Heating: Baseboard, Natural Gas, Electric
- Parking Spots: 3
- Property Type: 3 Family
- Total Rooms: 14
- Status: Closed
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Additional Details
- Appliances: Range, Refrigerator
- Construction: Frame
- Foundation: Stone
- Lot Features: Level
- Roof: Shingle
- Total Number of Units: 3
- Year Built Source: Public Records
- Basement: Full, Interior Entry, Concrete
- Flooring: Carpet
- Interior Features: Lead Certification Available, Upgraded Cabinets, Upgraded Countertops, Bathroom With Tub & Shower, Remodeled, Living Room, Kitchen
- Road Frontage Type: Public
- SqFt Source: Public Record
- Year Built Details: Approximate
- Zoning: Tsf
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Amenities
- Community Features: Public Transportation, Shopping, Park, Medical Facility, Laundromat, Highway Access, House of Worship, Public School, T-Station, University
- Parking Features: Off Street, Tandem, Paved
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Utilities
- Electric: 100 Amp Service
- Water Source: Public
- Sewer: Public Sewer
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Fees / Taxes
- Assessed Value: $622,000
- Taxes: $7,141
- Tax Year: 2025
- Total Rent: $7,300
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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 Keller Williams Realty - Merrimack.
MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.
