202 Coburn St

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.