$749,900
9
Beds
3
Baths
3,276
Living Area
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Property Description
Great opportunity to own a 3 family in Lowell. Gross rental income $6300/month, $75600/year. Each unit has formal living room, kitchen/dining combo, 3 spacious bedrooms, 1 bathroom and laundry hook up in unit. Separate gas and electric meters. All three units have the same layout except unit 1 has long entry way and unit 3 primary bedroom has walk in closet. Deleaded certificates are available. Additional features include permitted on-street parking, off street parking, basement storage, composite deck and flat back yard. Short distance to Market basket, CVS, Umass Lowell, easy access to the Connector, Route 495, and Route 3. Buyers and agents are encouraged to perform their own due diligence, verifications, and research, Sold as is. Don’t miss out on this incredible opportunity.
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Highlights
- Heating: Baseboard, Natural Gas
- Parking Spots: 2
- Property Type: 3 Family
- Total Rooms: 15
- Status: Active
- Levels: 3
- Property Class: Residential Income
- Stories: 3
- Year Built: 1880
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Additional Details
- Appliances: Range, Refrigerator
- Construction: Frame
- Flooring: Tile, Laminate, Hardwood
- Interior Features: Lead Certification Available, Bathroom With Tub & Shower, Living Room, Kitchen, Laundry Room
- Road Frontage Type: Public
- SqFt Source: Public Record
- Year Built Details: Actual
- Zoning: Tmf
- Basement: Full, Dirt Floor, Unfinished
- Exclusions: Washer, Dryer, Portable Dishwasher, Any Small Countertop Appliances Belong To Tenants.
- Foundation: Stone
- Lot Features: Level
- Roof: Rubber
- Total Number of Units: 3
- Year Built Source: Public Records
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Amenities
- Community Features: Public Transportation, Park, Medical Facility, Laundromat, Highway Access, Public School, University
- Parking Features: Off Street, On Street
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Utilities
- Electric: Circuit Breakers, Individually Metered
- Water Source: Public
- Sewer: Public Sewer
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Fees / Taxes
- Assessed Value: $608,300
- Compensation Based On: Gross/Full Sale Price
- Tax Year: 2025
- Total Rent: $6,300
- Buyer Agent Compensation: 2%
- Rental Fee Includes: Unit 1(Water), Unit 2(Water), Unit 3(Water)
- Taxes: $6,983
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Listing information provided courtesy of Coldwell Banker Realty - Lexington.
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