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Guillermo A Molina Jr

info@theomteam.com +1(978) 360-3441

$ 949,900

Est. payment | -/mo

8 Beds

3 Baths

3,262 SqFt

Save

$ 949,900

Est. payment | -/mo

Save

8 Beds

3 Baths

3,262 SqFt

Open House

Sun Aug 23, 1:00pm - 3:00pm

Key Details

Property Type Multi-Family

Sub Type 3 Family

Listing Status Active

Purchase Type For Sale

Square Footage 3,262 sqft

Price per Sqft $291

MLS Listing ID 73565965

Bedrooms 8

Full Baths 3

Year Built 1890

Annual Tax Amount $7,796

Tax Year 2025

Lot Size 4,791 Sqft

Acres 0.11

Property Sub-Type 3 Family

Property Description

This is the investment opportunity you've been looking for! Ideally situated on a private road just a short walk to UMass Lowell and University Avenue, this home offers an excellent combination of location, flexibility, and income potential.This well-maintained three-family property is currently vacant and ready for immediate occupancy, making it an ideal opportunity for an investor seeking strong rental income and long-term upside.The first-floor unit features three generously sized bedrooms, high ceilings, a spacious dining area, full bathroom, and a stunning brand-new quartz kitchen with floor-to-ceiling designer white cabinetry. The second-floor unit offers a similar spacious three-bedroom layout, along with another brand-new kitchen and an enclosed porch featuring newer vinyl windows.The third floor offers a separate two-bedroom unit with an updated bathroom and kitchen area. The property has an established strong rental history and has benefited from numerous recent updates, including a newer roof, HVAC systems, hot water tanks, updated electrical, and new electrical panels. All three units are separately metered. Outside, the property features a large, level, fenced-in backyard, storage shed, and ample off-street parking for multiple vehicles.

Location

State MA

County Middlesex

Area Pawtucketville

Zoning TTF

Direction University Ave to Gershom Ave

Rooms

Basement Full, Concrete, Unfinished

Interior

Interior Features Ceiling Fan(s), Crown Molding, Upgraded Cabinets, Upgraded Countertops, Bathroom With Tub & Shower, Remodeled, Internet Available - Unknown, Stone/Granite/Solid Counters, Walk-In Closet(s), Living Room, Dining Room, Kitchen

Heating Forced Air, Natural Gas

Flooring Tile, Laminate, Wood

Fireplaces Type Gas

Appliance Range, Refrigerator, Microwave

Laundry Gas Dryer Hookup, Washer Hookup

Exterior

Fence Fenced/Enclosed, Fenced

Community Features Public Transportation, Shopping

Utilities Available for Gas Range, for Electric Range, for Gas Dryer, Washer Hookup, Varies per Unit

Roof Type Shingle

Total Parking Spaces 8

Garage No

Building

Lot Description Gentle Sloping

Story 3

Foundation Stone

Sewer Public Sewer

Water Public

Schools

Elementary Schools Murkland Elementary School

Middle Schools Stoklosa Middle School

High Schools Lowell Hs

Others

Senior Community false

Listed by LAER Realty Partners

NEARBY SCHOOLS & PROPERTIES

+1(978) 360-3441

info@theomteam.com

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

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125 Gershom Ave Lowell, MA 01854