Excellent opportunity to own a two-family property in Lowell with strong upside potential for investors or owner-occupants alike. This long-term owned property offers solid bones and several important updates already completed, including updated heating systems, newer hot water tanks, updated electrical, some newer windows, and a metal roof with transferable lifetime warranty. One unit is currently tenant-occupied at $2,000/month on a month-to-month basis, providing immediate rental income, while the other unit offers the perfect opportunity for an owner occupant to live in one side and offset costs with rental income. Property is definitely in need of rehab, cosmetic updating, and sweat equity to bring it back to its full potential, but the value-add opportunity is clear. Driveway parking, separate living spaces, and convenient access to Lowell amenities make this a great long-term investment opportunity.
Listed By
Agency Name: LAER Realty Partners
Agent Name: Vision Realty Group
Agency Phone: 844-687-5237
Shown By
Agency Title: Better Homes and Gardens Real Estate The Masiello Group
Agency Phone: 800-741-1540
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Estimated Payment
$ 2,009.47 per month $1,190.68 Principal & Interest $662.75 Property Tax $156.04 Homeowner's Insurance
63-65 Sixth St | MLS# 73523056
This multi-family property located at 63-65 Sixth St, Lowell, MA 01850 is currently listed for sale with an asking price of $535,000. Search Lowell real estate on www.masiellogrouprealestate.com today.