This 5 unit income property has had the same owner for many years and is now coming on the market. This property would be an easy addition to your portfolio or an opportunity to start your new investment business. Tenants who are family and some long term tenants would like to stay. There is plenty of room for growth on the income side of the ledger. Overall the property has been well cared for and boasts cute sized one bedrooms as well as large one bedrooms with lots of space and opportunity with hard wood flooring, private porch, ample sitting area outside under mature trees. All tenants pay their own utilities and there is limited common areas. This property is also connected to 617 School Street which serves as the off street parking lot and will be sold with the property.
Off market
$984,700
613 School St, Lowell, MA 01851
5beds
4,536sqft
MultiFamily
Built in 1890
-- sqft lot
$984,700 Zestimate®
$217/sqft
$3,590 Estimated rent
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 5
- Full bathrooms: 5
Interior area
- Total interior livable area: 4,536 sqft
Property
Lot
- Size: 0.27 Acres
Details
- Parcel number: M:122 B:5240 L:613,3183467
Construction
Type & style
- Home type: MultiFamily
Condition
- Year built: 1890
Community & neighborhood
Location
- Region: Lowell
Services availability
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Estimated market value
$984,700