Located at 215 Mount Hope St in Lowell, MA, this multi-family property presents a prime investment opportunity. With two or more units, it offers versatile accommodation options. The property features a total of four bedrooms and three baths, providing comfortable living spaces. Its proximity to Umass Lowell enhances its appeal, attracting potential tenants from the university community. A notable advantage is that tenants are responsible for paying utilities, which can contribute to positive cash flow. Additionally, there is a garage available for rent, offering an additional income stream for the property owner. Through due diligence, including viewing and financial analysis, this might be the right investment for you. Overall, this property holds promise for investors seeking a profitable venture in the Lowell area. Group showing 5/1/24 at 1230pm
Sold
$550,000
215 Mount Hope St, Lowell, MA 01854
4beds
2,951sqft
Multi Family
Built in 1910
-- sqft lot
$699,400 Zestimate®
$186/sqft
$-- HOA
What's special
Zillow last checked: 7 hours ago
Listing updated: June 07, 2024 at 09:12am
Listed by:
Nancy Antonopoulos,
Crimson Real Estate Agency, LLC
Bought with:
Saurabh Calla
Fathom Realty MA
Source: MLS PIN,MLS#: 73226027
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 3
Features
- Flooring: Carpet, Hardwood
- Basement: Full,Unfinished
- Has fireplace: No
Interior area
- Total structure area: 2,951
- Total interior livable area: 2,951 sqft
Property
Parking
- Total spaces: 1
- Parking features: On Street
- Garage spaces: 1
- Has uncovered spaces: Yes
Features
- Patio & porch: Enclosed
Lot
- Size: 4,050 sqft
- Features: Corner Lot
Details
- Parcel number: M:96 B:4220 L:215,3179494
- Zoning: TTF
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Frame
- Foundation: Stone
- Roof: Shingle
Condition
- Year built: 1910
Utilities & green energy
- Electric: 110 Volts
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Community
- Community features: Public Transportation
Location
- Region: Lowell
HOA & financial
Other financial information
- Total actual rent: 4000
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
$699,400
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
$699,400