$887,500

House for sale Lowell
Property photo number 1 of 16 Photos for Property. File  105315575_29_ef592ef603508ff4b10e6abe5076f237.jpeg

Overview

SUMMARY: Discover an opportunity with this Lowell house for sale and available for $887,500. This could be your next ideal home or a smart investment. More details await.
Well-maintained 3-unit multifamily offering in Lowell's established South Lowell neighborhood, featuring three spacious 3BR/1BA apartments and approximately 3,900 SF of living area. Two of the three units will be delivered vacant and move-in ready at closing, offering immediate
flexibility for an investor or owner-occupant to lease, occupy, or further improve. Recent capital improvements include a newer EPDM rubber roof (2022), refinished hardwood flooring, new luxury vinyl plank flooring, updated bathroom vanities, and newer appliances in the first- and second-floor units. Additional features include in-unit washer/dryer hookups, usable yard space, separately metered forced hot-air gas heating, and updated electrical service, helping minimize landlord-paid utility expenses. Additional value-add potential may exist to reconfigure existing 3BR layouts into 4BR units, subject to applicable approvals and permitting. Conveniently located near Downtown Lowell with quick access to the Lowell Connector, Route 3, I-495, LRTA service, MBTA commuter rail, shopping, dining, parks, and major employment and educational centers. A compelling opportunity combining immediate vacancy, recent improvements, efficient utilities, and long-term income-growth potential.
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Details

  • Beds: 9
  • Baths: 3
  • Price: $887,500
  • Reference No.: 95477072
  • Area: 3,900 sqft

Location

Marketed by:

  • Michael Alvarez
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