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8 Cherry St, Lowell, MA 01852

$1,250,000
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New to the Market Active
BEDS12 BATHS6 full SQUARE FEET4,334 MLS#73528099
STATUSActive PROPERTY TYPEMulti Unit - Multiple

Property Description

Great investment opportunity with this six (6) 2-Bed/1-Bath units. Extremely low maintenance with great cash flow. 4 out of the 6 units and common areas have been completely remodeled in the past few months. 5 brand new heating systems. Sprinklers and alarm monitoring systems are a few years old. The Property is separately metered for electricity and gas-powered heat and hot water, which tenants pay directly. The Landlord is responsible for common area electric and providing domestic water and sewer. The Property is a centrally located offering strong tenant appeal through its easy access to downtown amenities, neighborhood services, and recreational destinations. It is conveniently situated near major roadways, including Interstate 495, the Lowell Connector, and U.S. Route 3. Open House: 6/6 and 6/7 11-12.30.

8 Cherry St | MLS# 73528099

This multi-family property located at 8 Cherry St, Lowell, MA 01852 is currently listed for sale with an asking price of $1,250,000. Search Lowell real estate on www.masiellogrouprealestate.com today.

Property Features

Property Type: Multi Unit - Multiple
Lot Size: 0.05 Acres
Roof Type: Rubber
Stories: 3.0
Taxes: $10,052
Year Built: 1920

Feature Descriptions

Building Area Total: 4334
Community Features: Public Transportation, Shopping, Pool, Park, Walk/Jog Trails, Golf, Medical Facility, Laundromat, Bike Path, Highway Access, House of Worship, Private School, Public School, T-Station, University
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: Individually Metered
Lot Features: Other
Parcel Number: M:181 B:1200 L:8,3190467
Parking Total: 0
Rooms Total: 24
Sewer: Public Sewer
Units: 6
Water: Public

Listed By / Shown By

Listed By

Agency Name: eXp Realty
Agent Name: Candor Investment Group
Agency Phone: 888-854-7493

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Estimated Payment

$ 3,984.21 per month $2,781.96 Principal & Interest $837.67 Property Tax $364.58 Homeowner's Insurance

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