Great opportunity to invest in a well maintained and straight forward four family with great bones, very little owner expenses and four, 2-bedroom units. Two of the units have been fully updated, all four tenants are currently tenant at will, and the property is fully separately metered. With the property being conveniently located off of 110 and nearby public transportation, the units here will continue to have a high rental demand. This investment will be a solid cash flow producer from the start and has plenty of room to increase the returns through rent increases and unit updates. There is also the added bonus of a nice coin operated laundry set-up in the first floor common area for each of the units to use. Reach out to the listing agent for details on the first showing.
Sold for $699,900 on 09/29/22
$699,900
129 Shaw St, Lowell, MA 01851
8beds
3,036sqft
4 Family
Built in 1940
-- sqft lot
$-- Zestimate®
$231/sqft
$3,011 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: October 03, 2022 at 09:25am
Listed by:
Patrick Hermans,
J. Borstell Real Estate, Inc.
Bought with:
Shane Scipione
Four Points Real Estate, LLC
Source: MLS PIN,MLS#: 73008905
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 4
- Full bathrooms: 4
Features
- Flooring: Vinyl, Carpet
- Basement: Full
- Has fireplace: No
Interior area
- Total structure area: 3,036
- Total interior livable area: 3,036 sqft
Property
Parking
- Parking features: Open
- Has uncovered spaces: Yes
Lot
- Size: 2,613 sqft
- Features: Level
Details
- Parcel number: 3183654
- Zoning: USF
Construction
Type & style
- Home type: MultiFamily
- Property subtype: 4 Family
Materials
- Frame
- Foundation: Stone
- Roof: Shingle
Condition
- Year built: 1940
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: for Gas Range
Community & neighborhood
Community
- Community features: Public Transportation, Public School
Location
- Region: Lowell
HOA & financial
Other financial information
- Total actual rent: 5000
Services availability

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