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18-22 Burgess St, Lowell, MA 01851

$1,725,000
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New to the Market Active
BEDS12 BATHS5 full 3 partial SQUARE FEET6,000 MLS#73528698
STATUSActive PROPERTY TYPEMulti Unit - Multiple

Property Description

Spectacular 5-unit investment consisting of 2 Separate buildings a newer 3-family built in 2019 and a Duplex in very good condition. There is also a Brick 2- Stall garage with lots of parking, green space and 5 fully rented units that are producing some nice profits with room to produce more. The centerpiece of this investment property is a newer style 3- family built in 2019 with large units 2 bedrooms each Open Concept Kitchen central Gas heat and central AC each unit. The Duplex is an older well-maintained home with 3 bedrooms each all separate utilities and plenty of parking. This is truly a Turnkey investment with room for higher rents. Currently No Leases all units TAW.

18-22 Burgess St | MLS# 73528698

This multi-family property located at 18-22 Burgess St, Lowell, MA 01851 is currently listed for sale with an asking price of $1,725,000. Search Lowell real estate on www.masiellogrouprealestate.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Full, Concrete
Cooling: Central Air
Garage: 2
Heating: Forced Air, Natural Gas, Central, Hot Water
Lot Size: 0.36 Acres
Roof Type: Shingle, Slate
Stories: 5.0
Taxes: $16,151
Year Built: 2018

Feature Descriptions

Appliances: Range, Dishwasher, Microwave, Refrigerator
Building Area Total: 6000
Community Features: Public Transportation
Compensation Based On: N/A
Compensation Broker Transaction: N/A
Compensation Buyer Agency: N/A
Compensation Sub Agency: N/A
Compensation Sub Agency Offered: N/A
Days on Site: 1
Dwelling Type: 5-9 Family
Electric: Circuit Breakers,100 Amp Service,200+ Amp Service
Exterior: Frame
Flooring: Tile, Vinyl
GarageY/N: Yes
HeatingY/N: 1
Open Parking Y/N: Yes
Parcel Number: M:123 B:860 L:18
Parking Features: Paved Drive, Off Street, Assigned
Parking Total: 14
Patio And Porch: Porch
Rooms Total: 27
Sewer: Public Sewer
Units: 5
Utilities: for Gas Range
Water: Public
Window Features: Insulated Windows

Listed By / Shown By

Listed By

Agency Name: Ciccarelli Homes
Agent Name: Robert V. Ciccarelli
Agency Phone: 978-452-4400

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Estimated Payment

$ 5,688.14 per month $3,839.10 Principal & Interest $1,345.92 Property Tax $503.13 Homeowner's Insurance

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