BEDS7
BATHS6 full
SQUARE FEET3,131
MLS#73484860
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
Property Description
Very well maintained building with stabilized rents and performing at a 7.6% cap rate. This turn-key investment property is ready for the its next owner. Located in the Belvidere neighborhood of Lowell, this building is convenient to parks, public transit, highways and downtown Lowell. Featuring 4 - 1 bedroom / 1 bathroom units and 1 - 3 bedroom / 2 bathroom unit. All units have a nice, open, layout and have been updated with stone counter tops, luxury vinyl plank flooring, clean kitchens and bathrooms, and fresh paint. This building has an on-site coin operated washer / dryer for additional income, a high efficiency gas boiler, an indirect hot water tank, no onsite parking to worry about and a small, easy to maintain, backyard. Don't miss out on the best income producing multi family investment property on the market in Lowell today!
Property Features
Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Partial
Lot Size: 0.06 Acres
Stories: 5.0
Taxes: $8,348
Year Built: 1920
Amenities
Laundry Room
Feature Descriptions
Building Area Total: 3131
Community Features: Public Transportation, Shopping, Highway Access
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: 4
Dwelling Type: 5-9 Family
Lot Features: Sloped
Parcel Number: 3194892
Parking Total: 0
Rooms Total: 18
Sewer: Public Sewer
Units: 5
Water: Public
Listed By / Shown By
Listed By
Agency Name: Compass
Agency Phone: 781-534-9229
Agent Name: Nick Cowden
Shown By
Agency Title: Better Homes and Gardens Real Estate The Masiello Group
Agency Phone: 800-741-1540
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Estimated Payment
$ 3,336.24 per month $2,334.62 Principal & Interest $695.67 Property Tax $305.96 Homeowner's Insurance
317 Nesmith St. | MLS# 73484860
This multi-family property located at 317 Nesmith St., Lowell, MA 01852 is currently listed for sale with an asking price of $1,049,000. Search Lowell real estate on www.masiellogrouprealestate.com today.