31-33 Bourne Street, Lowell, MA 01852
31-33 Bourne Street, Lowell, MA 01852
31-33 Bourne Street, Lowell, MA 01852
31-33 Bourne Street, Lowell, MA 01852
31-33 Bourne Street, Lowell, MA 01852
31-33 Bourne Street, Lowell, MA 01852
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Guillermo A Molina Jr

Guillermo A Molina Jr

+1(978) 360-3441
$ 887,500
Est. payment | /mo

9 Beds

3 Baths

3,900 SqFt

Save
$ 887,500
Est. payment | /mo
Save

9 Beds

3 Baths

3,900 SqFt

Key Details

Property Type Multi-Family

Sub Type 3 Family - 3 Units Up/Down

Listing Status Active

Purchase Type For Sale

Square Footage 3,900 sqft

Price per Sqft $227

MLS Listing ID 73565786

Bedrooms 9

Full Baths 3

Year Built 1910

Annual Tax Amount $7,668

Tax Year 2026

Lot Size 3,920 Sqft

Acres 0.09

Property Sub-Type 3 Family - 3 Units Up/Down

Property Description

Well-maintained 3-unit multifamily offering in Lowell's established South Lowell neighborhood, featuring three spacious 3BR/1BA apartments and approximately 3,900 SF of living area. Two of the three units will be delivered vacant and move-in ready at closing, offering immediate flexibility for an investor or owner-occupant to lease, occupy, or further improve. Recent capital improvements include a newer EPDM rubber roof (2022), refinished hardwood flooring, new luxury vinyl plank flooring, updated bathroom vanities, and newer appliances in the first- and second-floor units. Additional features include in-unit washer/dryer hookups, usable yard space, separately metered forced hot-air gas heating, and updated electrical service, helping minimize landlord-paid utility expenses. Additional value-add potential may exist to reconfigure existing 3BR layouts into 4BR units, subject to applicable approvals and permitting. Conveniently located near Downtown Lowell with quick access to the Lowell Connector, Route 3, I-495, LRTA service, MBTA commuter rail, shopping, dining, parks, and major employment and educational centers. A compelling opportunity combining immediate vacancy, recent improvements, efficient utilities, and long-term income-growth potential.

Location

State MA

County Middlesex

Area South Lowell

Zoning TTF

Direction Gorham Street to Moore Street to Bourne Street. GPS recommended.

Rooms

Basement Full

Interior

Interior Features Living Room, Dining Room, Kitchen

Heating Forced Air, Natural Gas

Flooring Hardwood

Appliance Range, Microwave, Refrigerator

Laundry Washer & Dryer Hookup

Exterior

Exterior Feature Balcony/Deck

Community Features Public Transportation, Shopping, Park, Medical Facility, Highway Access, Public School, T-Station, University

Roof Type Rubber

Garage No

Building

Lot Description Other

Story 3

Foundation Stone

Sewer Public Sewer

Water Public

Others

Senior Community false

Acceptable Financing Other (See Remarks)

Listing Terms Other (See Remarks)

Listed by Alvarez Real Estate Group LLC

NEARBY SCHOOLS & PROPERTIES

Guillermo A Molina Jr

+1(978) 360-3441

info@theomteam.com

190 State Street Unit 5, Newburyport, MA 01950, United States

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31-33 Bourne Street

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