Luxury Residential Group: 14-16 2nd Street, Lowell, MA

Property Description

RARE fully turnkey investment property with 6 fully de-leaded units with separated gas and electric utilities. With no driveway to plow in the winter or tenant utilities to pay for, operating expenses are manageable for this cash cow of a property. The property includes a list of recent updates including a newer roof, all new heating systems, updated plumbing, updated electrical, and a new sprinkler system installed in 2015. With 2 beds and 1 bath per unit, the property is poised for strong cash flow through stable and strong rents in these recently renovated units featuring updated bathrooms, kitchens, floors, and laundry hookups in the basement. This one is a strong buy and hold investment you won't want to miss!

offered at

$1,650,000

Status: New
Listing ID: 73598237
Bedrooms: 12
Full Baths: 1
Living Area: 5,400 sqft 502 m² Convert
Lot Size: 3,920 sqft 364 m² Convert
Acres: 0.09

Additional Details

Type: Multi-Family, Multi Family

Area: Centralville

Zip Code: 01850

Levels: 5

Parking

Parking: On Street

Rooms and Dimensions

Total Units: 6

Total Floors: 5

Total Rooms: 24

Has Basement: Yes

LRG Boston

(617) 233-5800

14-16 2nd Street

Lowell, MA