Unit Information
Turn-key two-family investment opportunity in Lowell! This 5-bedroom, 2-bath multi-family is 2,109 square feet of living space across two spacious units. Unit 1 features 2 bedrooms and 1 bath, leased through July 2027. Unit 2 features 3 bedrooms and 1 bath with a flexible at-will tenancy, and the property can be delivered vacant if a buyer prefers. Each unit has separate utilities, its own washer and dryer connection with appliances staying, and the property offers off-street parking for two vehicles.Recent improvements include hot water tanks replaced within the last three months in both units, a partially replaced rubber roof in the rear, and fresh interior paint throughout. Combined rents total $4,400 per month, offering strong, stable cash flow with additional upside as leases turn over. Located just a mile from downtown Lowell, a short walk to public transportation, Kerouac Park, and the George McDermott Reservoir, this property is a smart addition to any investment portfolio or an excellent owner-occupant opportunity in a high-demand rental market. Don't miss this one.
- Additional Details
- Status: NEW
- Type: Multi-Family, Duplex
- Zip Code: 01850
- Levels: 3
- Parking
- Garage Capacity: 2
- Parking: Paved
- Parking Spaces: 2
- Rooms and Dimensions
- Total Units: 2
- Total Floors: 3
- Total Rooms: 11
- Has Basement: Yes
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$609,000
- Status: New
- Listing ID: 73562555
- Bedrooms: 5
- Full Baths: 2
- Living Area: 2,109 sqft Convert
- Lot Size: 2,178 sqft Convert
- Acres: 0.05
View description
Luxury Residential Group
(617) 233-5800
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LRG Luxury Residential Group | 355 Boylston St, Boston MA 02116 | (617) 233-5800 | |