$1,299,000
10
Beds
4
Baths
4,445
Living Area
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Property Description
Exceptional value and Rare investment opportunity in Lowell! This rare offering features two, 2-family homes on one parcel, totaling four income-producing units with strong rental potential. A key highlight is the additional land included with the property, offering the possibility to build another 2-unit building while still maintaining ample parking for all units (buyer to perform due diligence). Located just 0.7 miles from the Lowell Line station, providing convenient access for Boston-area commuters. Close to University of Massachusetts Lowell, major highways, shopping, parks, and local amenities. A compelling opportunity for investors seeking cash flow today with future development potential in a growing market. See individual unit details in listing.
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Highlights
- Heating: Baseboard
- Parking Spots: 21
- Property Type: 4 Family
- Total Rooms: 19
- Status: Active
- Levels: 4
- Property Class: Residential Income
- Stories: 4
- Year Built: 1900
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Additional Details
- Appliances: Range, Refrigerator, Washer, Dryer, Dishwasher, Microwave
- Construction: Frame
- Flooring: Vinyl, Varies
- Interior Features: Living Room, Kitchen, Laundry Room, Office/Den
- Road Frontage Type: Public
- SqFt Source: Public Record
- Year Built Details: Renovated Since
- Zoning: Tmu
- Basement: Full, Unfinished
- Exterior Features: Rain Gutters
- Foundation: Concrete Perimeter
- Lot Features: Additional Land Avail.
- Roof: Shingle, Rubber
- Total Number of Units: 4
- Year Built Source: Public Records
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Amenities
- Community Features: Public Transportation, Shopping, Tennis Court(s), Park, Golf, Medical Facility, Laundromat, Highway Access, House of Worship, Private School, Public School, T-Station, University, Sidewalks
- Parking Features: Paved Drive, Off Street, Tandem, Paved
- Covered Parking Spaces: 1
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Utilities
- Electric: Common, Individually Metered, Varies per Unit
- Water Source: Public
- Sewer: Public Sewer
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Fees / Taxes
- Assessed Value: $1,234,500
- Tax Year: 2026
- Rental Fee Includes: Unit 1(None), Unit 2(None), Unit 3(None), Unit 4(None)
- Taxes: $14,011
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Listing information provided courtesy of Coldwell Banker Realty - Andovers/Readings Regional.
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