Sold!
$760,000
10
Beds
5/1
Baths
3,808
Living Area
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Property Description
Incredible investment opportunity for an FHA owner occupant or a passive investor seeking to add to an existing portfolio! This 3 family property is conveniently located in the Centralville neighborhood near all of Lowell's best amenities including UMASS. It has off-street parking for 3 to 6 vehicles in dedicated driveway. Unit A is currently vacant and offers 3 bedrooms and 2 full baths. Unit B also has 3 beds and 2 full baths while the first floor unit has 4 beds and 1.5 baths. This building has had many tasteful updates inside and out and is fully lead paint compliant! See attachments for rent roll, income & expenses. Currently contracted with Simplified Management, Inc. which could be assumed by the buyer for a smooth transition into passive ownership. Buyer/buyer's agent to do own due diligence. Agency has a vested interest in this property. Open House Sat 10/7 & Sun 10/8 from 11am-12pm. No showings until open houses.
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Highlights
- Cooling: Unit 1(None)
- Property Class: Residential Income
- Total Rooms: 16
- Status: Closed
- Parking Spots: 6
- Property Type: 3 Family
- Year Built: 1920
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Additional Details
- Basement: Full, Unfinished
- Exterior Features: Porch, Patio
- Foundation: Block, Other
- Road Frontage Type: Public
- Total Number of Units: 3
- Year Built Source: Public Records
- Exclusions: Washer & Dryers Are Property Of The Tenants.
- Flooring: Vinyl, Varies Per Unit
- Interior Features: Lead Certification Available, Storage, Other (See Remarks), Unit 1(Lead Certification Available, Stone/Granite/Solid Counters, Bathroom With Tub & Shower), Unit 2(Lead Certification Available, Bathroom With Tub & Shower), Unit 3(Lead Certification Available, Bathroom With Tub & Shower), Unit 1 Rooms(Living Room, Kitchen), Unit 2 Rooms(Living Room, Kitchen), Unit 3 Rooms(Living Room, Kitchen)
- Roof: Shingle
- Year Built Details: Approximate
- Zoning: Tmf
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Amenities
- Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Laundromat, Bike Path, Highway Access, House of Worship, Private School, Public School, T-Station, University
- Parking Features: Paved Drive, Off Street
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Utilities
- Electric: Individually Metered
- Water Source: Public
- Sewer: Public Sewer
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Fees / Taxes
- Assessed Value: $492,700
- Compensation Based On: Net Sale Price
- Rental Fee Includes: Unit 1(Heat, Water, Hot Water), Unit 2(Heat, Water, Hot Water), Unit 3(Heat, Water, Hot Water)
- Taxes: $6,119
- Buyer Agent Compensation: 2%
- Facilitator Compensation: 1%
- Tax Year: 2023
- Total Rent: $6,800
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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 Benny's Realty Group.
MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.
