Great opportunity to purchase a large income producing 8 unit in the heart of Lowell. Located on a side street just steps away from UML's east campus/Tsongas Center and multiple options for nearby public transportation. This property is comprised of seven 1 bed units with coin-op laundry and one 3 bed townhouse style unit with in-unit laundry. Other features include 2 off-street parking space, potential to raise rents and generate more cashflow. Impeccable location, low expenses and great ROI will make this a perfect addition to any investor's portfolio.
Sold for $1,245,000 on 08/22/23
$1,245,000
15 Austin St, Lowell, MA 01854
10beds
5,581sqft
5-9 Family
Built in 1900
-- sqft lot
$-- Zestimate®
$223/sqft
$3,227 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: August 30, 2023 at 04:07pm
Listed by:
Jack Mantville,
J. Borstell Real Estate, Inc.,
Patrick Hermans
Bought with:
Jack Mantville
J. Borstell Real Estate, Inc.
Source: MLS PIN,MLS#: 73106035
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 10
- Bathrooms: 8
- Full bathrooms: 8
Heating
- Has Heating (Unspecified Type)
Features
- Flooring: Wood, Tile, Vinyl, Laminate
- Basement: Concrete,Unfinished
- Has fireplace: No
Interior area
- Total structure area: 5,581
- Total interior livable area: 5,581 sqft
Property
Parking
- Total spaces: 2
- Parking features: Off Street
- Has uncovered spaces: Yes
Lot
- Size: 4,861 sqft
- Features: Corner Lot
Details
- Parcel number: M:137 B:300 L:15,3185145
- Zoning: UMU
Construction
Type & style
- Home type: MultiFamily
- Property subtype: 5-9 Family
Materials
- Foundation: Concrete Perimeter, Granite
- Roof: Shingle
Condition
- Year built: 1900
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Community
- Community features: Public Transportation, Highway Access, T-Station, University
Location
- Region: Lowell
HOA & financial
Other financial information
- Total actual rent: 11175
Services availability

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