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POWERED BY PURLIN.AI

130 University Ave

lowell, MA 01854

$2,100,000

  • 24 BR
    8 BA
    APPROX. 4,017 SF

INTERESTED? LET'S CONNECT

Great opportunity to own a key piece of property right on the corner of University Ave & Gershom Ave. Two buildings on one deed, totaling 6 x 4 bedroom units, all with a similar layout. Four units are 4 bdrm/1 bath and two units are 4 bdrm/2 baths. All units are separately metered with tenants being responsible for payment of own electric, heat, hot water and cooking gas. Parking is on street by residential sticker. Laundromat is two doors over. Expansion potential on top level in each building, but one would need to go through the proper city planning and permitting procedures to pursue this option. This a well maintained property by an active owner, with a strong rental history and potential to increase rents. One unit is vacant and unit rent is estimated.

Details

4,017 Sq Ft

4,356 Sq Ft Lot Size

Investment

$14,558 Annual Tax

Built in 1900

MLS/Listing ID 73460353

5 Stories

6 Units

Amenities & Features

Porch

Parking - On Street

Lot - Corner Lot

Balcony

Construction - Frame

Community - Golf

Community - Public Transportation

Community - Shopping

Shingle

Varies per Unit

Irregular

Community - Highway Access

Community - House of Worship

Community - Laundromat

Community - Medical Facility

Community - Private School

Community - Public School

Community - T-Station

Community - University

Community - Walk/Jog Trails

MLSPIN

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TOTAL MONTHLY COST

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Interested in 130 University Ave?