Sold!
$550,000
6
Beds
2
Baths
2,888
Living Area
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Property Description
OFFER DEADLINE - July 1 at noon. Opportunity awaits at 21 Myrtle St., a two-family property offering immediate rental income with future upside potential. Both units are occupied by long-term tenants who have enjoyed stable tenancy, with current rents below market value, presenting an opportunity for increased cash flow over time.The property has undergone numerous important updates, including full deleading compliance, replacement entry doors, installation of fire-rated safety doors, and updated smoke and carbon monoxide alarm systems to meet current city requirements. Additional improvements include replacement of the heating system and hot water tank within the past 10 years. Conveniently located just minutes from downtown Lowell, the property offers easy access to major commuter routes. Residents enjoy proximity to public transportation, shopping, dining and a vibrant arts and culture scene that has made Lowell one of the Merrimack Valley's most desirable rental markets.
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Highlights
- Has View: Yes
- Levels: 2
- Property Class: Residential Income
- Stories: 2
- Year Built: 1880
- Heating: Steam
- Parking Spots: 3
- Property Type: 2 Family - 2 Units Up/Down
- Total Rooms: 10
- Status: Closed
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Additional Details
- Appliances: Range, Refrigerator
- Construction: Frame
- Foundation: Stone
- Lot Features: Level
- Roof: Shingle
- Total Number of Units: 2
- Year Built Details: Actual
- Zoning: Ttf
- Basement: Full
- Flooring: Wood, Vinyl
- Interior Features: Lead Certification Available, Living Room, Kitchen
- Road Frontage Type: Public
- SqFt Source: Public Record
- View: City View(s), City
- Year Built Source: Public Records
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Amenities
- Community Features: Public Transportation, Shopping, Highway Access, Public School, T-Station
- Parking Features: Off Street
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Utilities
- Sewer: Public Sewer
- Water Source: Public
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Fees / Taxes
- Assessed Value: $489,400
- Taxes: $5,618
- Tax Year: 2025
- Total Rent: $3,200
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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 Century 21 North East.
MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.
