$565,000
9
Beds
3
Baths
3,968
Living Area
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Property Description
Attention Investors! Welcome to this fantastic multi-family home in the heart of Lowell, family owned since the 1940s. Currently set up as a 2-family plus a 3rd floor in-law suite, this property can offer a great ROI/passive income. Each unit has its own private entrance and private utilities. With town permitting, the in-law can easily be converted into a fully functional 3rd fl.apartment. Each level features 3 bedrooms and 1 bathroom, offering comfortable living spaces. With off-street parking & a fenced-in yard, convenience and proximity to the city is waiting for you. Located near Lowell General Hospital, Umass Lowell, & local restaurants, amenities are within reach. Easy highway access adds to the property's appeal. With some TLC, this property is ready to be updated and brought back to its glory. Not eligible for FHA or VA loans. Don't miss this investment opportunity! Sold AS-IS, no warranties made or implied by seller or agent.
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Highlights
- Cooling: Unit 1(None), Unit 2(None)
- Parking Spots: 2
- Property Type: 2 Family - 2 Units Up/Down
- Year Built: 1900
- Heating: Unit 1(Central Heat), Unit 2(Space Heater)
- Property Class: Residential Income
- Total Rooms: 18
- Status: Closed
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Additional Details
- Basement: Interior Entry, Unfinished
- Foundation: Stone
- Lot Features: Level
- Total Number of Units: 3
- Year Built Source: Public Records
- Exterior Features: Unit 2 Balcony/Deck
- Interior Features: Unit 1 Rooms(Living Room, Kitchen, Family Room, Living RM/Dining RM Combo, Mudroom), Unit 2 Rooms(Living Room, Kitchen, Mudroom), Unit 3 Rooms(Living Room, Kitchen, Living RM/Dining RM Combo, Office/Den, Other (See Remarks))
- Road Frontage Type: Public
- Year Built Details: Actual
- Zoning: Res
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Amenities
- Community Features: Public Transportation, Shopping, Medical Facility, Laundromat, Highway Access, House of Worship, Private School, Public School, University, Other
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Utilities
- Electric: Circuit Breakers
- Water Source: Public
- Sewer: Public Sewer
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Fees / Taxes
- Assessed Value: $492,500
- Compensation Based On: Net Sale Price
- Tax Year: 2023
- Buyer Agent Compensation: 2.0% NSP%
- Facilitator Compensation: 2.0% NSP%
- Taxes: $6,117
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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 Cedar Wood Realty Group.
MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.