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Key Details
Sold Price $650,000
Property Type Multi-Family
Sub Type 2 Family - 2 Units Up/Down
Listing Status Sold
Purchase Type For Sale
Square Footage 2,550 sqft
Price per Sqft $254
MLS Listing ID 73203164
Sold Date 04/02/24
Bedrooms 5
Full Baths 2
Year Built 1900
Annual Tax Amount $7,438
Tax Year 2023
Lot Size 5,662 Sqft
Acres 0.13
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!
Location
State MA
County Middlesex
Area Highlands
Zoning TMF
Direction Please use GPS
Rooms
Basement Full
Interior
Interior Features Kitchen, Living Room
Heating Steam, Natural Gas
Cooling None
Flooring Vinyl, Carpet
Appliance Range, Microwave
Exterior
Community Features Public Transportation, Shopping, Park, Medical Facility, Laundromat, Highway Access, House of Worship, Private School, Public School, T-Station, University
Utilities Available for Gas Range
Waterfront false
Roof Type Slate
Total Parking Spaces 7
Garage No
Building
Lot Description Cleared
Story 3
Foundation Concrete Perimeter
Sewer Public Sewer
Water Public
Others
Senior Community false
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Bought with Kristy Schiavo • Lamacchia Realty, Inc.