$650,000
5
Beds
2
Baths
2,550
Living Area
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Property Description
Welcome to this expansive Multi-Family located in the heart of Lowell! This property presents an exceptional investment opportunity that is not to be missed. With 5 bedrooms & 3 bathrooms spread over 2550 square feet, this home provides ample space both inside and out! Upgrades include new kitchens and baths, new electrical & heating system, new flooring, light fixtures & fresh paint throughout. This property is an ideal investment due to its proximity to the nearby University, making it a prime rental opportunity for college students. The first unit offers a spacious floor plan with generously sized bedrooms, while the second unit is a cozy studio apartment with 1 bedroom. There is also potential to convert the current floor plan into two 2-bedroom units, maximizing rental income potential. Conveniently located near major highways, shopping, & public transportation, residents of this property will enjoy easy access to all essentials. Make this home yours today!
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Highlights
- Area: Highlands
- Parking Spots: 7
- Property Type: 2 Family - 2 Units Up/Down
- Year Built: 1900
- Heating: Steam, Natural Gas
- Property Class: Residential Income
- Total Rooms: 9
- Status: Closed
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Additional Details
- Appliances: Range, Microwave
- Construction: Frame
- Foundation: Concrete Perimeter
- Lot Features: Cleared
- Roof: Slate
- Year Built Details: Actual
- Zoning: Tmf
- Basement: Full
- Flooring: Vinyl, Carpet
- Interior Features: Kitchen, Living Room
- Road Frontage Type: Public
- Total Number of Units: 2
- Year Built Source: Public Records
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Amenities
- Community Features: Public Transportation, Shopping, Park, Medical Facility, Laundromat, Highway Access, House of Worship, Private School, Public School, T-Station, University
- Parking Features: Paved Drive
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Utilities
- Sewer: Public Sewer
- Water Source: Public
-
Fees / Taxes
- Assessed Value: $598,900
- Compensation Based On: Net Sale Price
- Taxes: $7,438
- Buyer Agent Compensation: 2%
- Tax Year: 2023
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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 Lamacchia Realty, Inc..
MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.