Great opportunity for the buyer of this fully tenanted four-family in the Highlands. All four units currently occupied, two on leases and two are TAW, with a total monthly rent roll of $6990.00. All units are separately metered and tenants are responsible for payment of own electric, heat, hot water and cooking. Unit electric panels and hot water tanks are in the basement. Each unit has its own heating system(s). This is a well maintained property by an active owner, therefore no deferred maintenance. Three units are lead compliant w/certificates of deleading in hand. Location is on public transit and within a short distance of all area amenities. This is a solid property with a strong rental history and rents. Two long-term tenants of approx. 10 years.
Sold for $850,000 on 09/06/24
$850,000
103 Powell St, Lowell, MA 01851
7beds
3,557sqft
4 Family - 4 Units Up/Down
Built in 1900
-- sqft lot
$-- Zestimate®
$239/sqft
$-- Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: September 07, 2024 at 08:07am
Listed by:
Brian Donoghue,
Universal Property Management
Bought with:
Hung Tran
Town Hall Realty, Inc.
Source: MLS PIN,MLS#: 73263545
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 4
- Full bathrooms: 4
Features
- Flooring: Varies
- Basement: Unfinished
- Has fireplace: No
Interior area
- Total structure area: 3,557
- Total interior livable area: 3,557 sqft
Property
Parking
- Total spaces: 4
- Parking features: Paved Drive, Off Street, Driveway, Paved
- Has uncovered spaces: Yes
Features
- Patio & porch: Porch, Enclosed, Deck
Lot
- Size: 4,792 sqft
- Features: Level
Details
- Parcel number: 3183861
- Zoning: TMF
Construction
Type & style
- Home type: MultiFamily
- Property subtype: 4 Family - 4 Units Up/Down
Materials
- Frame
- Foundation: Other
- Roof: Shingle,Rubber
Condition
- Year built: 1900
Utilities & green energy
- Electric: Circuit Breakers
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Varies per Unit
Community & neighborhood
Community
- Community features: Public Transportation, Shopping, Medical Facility, Laundromat, Highway Access, House of Worship, Private School, Public School, T-Station, University
Location
- Region: Lowell
HOA & financial
Other financial information
- Total actual rent: 6990
Services availability

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