INVESTORS...GREAT INCOME and LOCATION, DE-LEADED Certified, 3-Family with a potential Gross Cap Rate of 10% located in Centralville. Property has 8 bedrooms and 3 baths, 2-3 bedroom units with FHW and gas heat and 1-2 bedroom unit with electric heat. The 2 bedroom is unoccupied and the other two are month to month on the CTI Housing program. There is also a vacant deeded lot behind the house. Updates include kitchens, bathrooms, plank and commercial grade flooring, vinyl siding and windows. The property sits amongst single family homes, is in a pretty area, convenient and walkable to Downtown Lowell, groceries, restaurants, festivals and across from a church with it's own parking, leaving plenty of on-street parking. Open House is Saturday, 3/21, 11-1:00. Offer deadline: Monday, 3/23, @ noon.
3,485 Sq Ft
investment
US$7,141 Annual Tax
Built in 1930
MLS/Listing ID 73488482
4 Stories
3 Units
Heating - Electric
Heating - Natural Gas
Stone
Carpet
Construction - Frame
Community - Park
Community - Public Transportation
Community - Shopping
Range
Refrigerator
Shingle
Upgraded Cabinets
Living Room
Lead Certification Available
Upgraded Countertops
Bathroom with Tub and Shower
Community - University
Community - T-Station
Community - Public School
Community - Medical Facility
Community - Laundromat
Community - House of Worship
Community - Highway Access
Insulated Windows
Porch
Parking - Off Street
Parking - Paved
Parking - Tandem
Lot - Level
Electric Dryer Hookup
Washer Hookup
Heating - Baseboard