$570,000
$499,000
14.2%For more information regarding the value of a property, please contact us for a free consultation.
231 School St Lowell, MA 01854
6 Beds
2 Baths
3,073 SqFt
Key Details
Sold Price $570,000
Property Type Multi-Family
Sub Type Multi Family
Listing Status Sold
Purchase Type For Sale
Square Footage 3,073 sqft
Price per Sqft $185
MLS Listing ID 73279561
Sold Date 10/01/24
Bedrooms 6
Full Baths 2
Year Built 1890
Annual Tax Amount $5,648
Tax Year 2024
Lot Size 3,484 Sqft
Acres 0.08
Property Description
This two-family property is an excellent investment opportunity located blocks away from the UMass Lowell campus and could be great for student housing in the future. The first-floor unit offers three large bedrooms, an eat-in kitchen, a full bathroom, and hardwood floors throughout. The second-floor unit also includes three large bedrooms, an eat-in kitchen, a full bathroom, w/w carpet, 3rd floor-walk attic space that has potential expandable living space with one finished room. The property's systems have been updated, one heating system is new, both gas units and two electric meters, with tenants covering all utilities except water. W/D hook up in the basement. The current tenants pay $1,500 per month on a month-to-month basis. The property has a 2 garage, 2 car driveway, and two covered porches. Both units have been deleaded with certificates. An open house is scheduled for Saturday from 11:30 AM to 1:30 PM. This is a fantastic investment! Don't miss out!
Location
State MA
County Middlesex
Zoning TTF
Direction off Broadway corner of School and Marsh.
Rooms
Basement Full, Bulkhead
Interior
Interior Features Walk-Up Attic, Living Room, Kitchen
Heating Natural Gas
Cooling None
Flooring Tile, Vinyl, Carpet, Hardwood, Wood
Appliance Range, Dishwasher, Refrigerator
Laundry Electric Dryer Hookup
Exterior
Exterior Feature Balcony/Deck
Garage Spaces 2.0
Community Features Sidewalks
Utilities Available for Gas Range, for Electric Range, for Electric Dryer
Waterfront false
Roof Type Shingle,Slate
Total Parking Spaces 2
Garage Yes
Building
Lot Description Corner Lot
Story 3
Foundation Stone
Sewer Public Sewer
Water Public
Others
Senior Community false
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Bought with Ngan Vien • eXp Realty