It Is Not Pretty BUT With Annual Gross Rent of $21,600 (possibly more) and Annual Operating Expenses of only $3,960 WITH a Cap Rate of 7%, this is a great investment opportunity in today's market. This duplex home offers 5 rooms, 2 or 3 bedroom, a living room, kitchen and a full bath on each side. Unit 1 on the right has partial finished basement. Unit 2 was recently renovated and both are rented for $900 each. Tenants pay all their own utilities. Property is being sold AS IS and may not be a candidate for FHA. SALE INCLUDES TENANTS. Please drive-by the property first before schedule a showing. Please Email listing agent to request showings.
Off market
$461,900
1 Franklin Ct S, Lowell, MA 01854
6beds
1,498sqft
MultiFamily
Built in 1890
-- sqft lot
$461,900 Zestimate®
$308/sqft
$-- HOA
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Forced air, Gas
Features
- Basement: Partially finished
Interior area
- Total interior livable area: 1,498 sqft
Property
Features
- Exterior features: Other
Lot
- Size: 1,742 sqft
Details
- Parcel number: LOWEM139B2435L1
Construction
Type & style
- Home type: MultiFamily
Materials
- Roof: Asphalt
Condition
- Year built: 1890
Community & neighborhood
Location
- Region: Lowell
Other
Other facts
- Amenities: Public Transportation, Shopping, Park, Laundromat, Highway Access, Public School, Swimming Pool
- Basement Feature: Full
- Electric Feature: Circuit Breakers
- Exterior: Vinyl
- Foundation: Fieldstone
- Hot Water: Natural Gas, Tank
- Road Type: Public, Publicly Maint.
- Lot Description: Corner
- Mf Type: 2 Family - 2 Units Side By Side
Services availability
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$461,900
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$461,900