Unit Information
Excellent opportunity to own a two-family property in Lowell with strong upside potential for investors or owner-occupants alike. This long-term owned property offers solid bones and several important updates already completed, including updated heating systems, newer hot water tanks, updated electrical, some newer windows, and a metal roof with transferable lifetime warranty. One unit is currently tenant-occupied at $2,000/month on a month-to-month basis, providing immediate rental income, while the other unit offers the perfect opportunity for an owner occupant to live in one side and offset costs with rental income. Property is definitely in need of rehab, cosmetic updating, and sweat equity to bring it back to its full potential, but the value-add opportunity is clear. Driveway parking, separate living spaces, and convenient access to Lowell amenities make this a great long-term investment opportunity.
- Additional Details
- Status: NEW
- Type: Multi-Family, Multi Family
- Zip Code: 01850
- Levels: 2
- Parking
- Garage Capacity: 2
- Parking: Paved
- Parking Spaces: 2
- Rooms and Dimensions
- Total Units: 2
- Total Floors: 2
- Total Rooms: 12
- Has Basement: Yes
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$575,000
- Status: New
- Listing ID: 73523056
- Bedrooms: 6
- Full Baths: 2
- Living Area: 3,592 sqft Convert
- Lot Size: 3,920 sqft Convert
- Acres: 0.09
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Luxury Residential Group
(617) 233-5800
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LRG Luxury Residential Group | 355 Boylston St, Boston MA 02116 | (617) 233-5800 | |