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  • $570,000

    231 School St, Lowell, MA 01854

    6beds
    3,073sqft
    Multi Family
    Built in 1890
    -- sqft lot
    $598,100 Zestimate®
    $185/sqft
    $-- HOA

    What's special

    This two-family property is an excellent investment opportunity located blocks away from the UMass Lowell campus and could be great for student housing in the future. The first-floor unit offers three large bedrooms, an eat-in kitchen, a full bathroom, and hardwood floors throughout. The second-floor unit also includes three large bedrooms, an eat-in kitchen, a full bathroom, w/w carpet, 3rd floor-walk attic space that has potential expandable living space with one finished room. The property's systems have been updated, one heating system is new, both gas units and two electric meters, with tenants covering all utilities except water. W/D hook up in the basement. The current tenants pay $1,500 per month on a month-to-month basis. The property has a 2 garage, 2 car driveway, and two covered porches. Both units have been deleaded with certificates. An open house is scheduled for Saturday from 11:30 AM to 1:30 PM. This is a fantastic investment! Don't miss out!

    Zillow last checked: 7 hours ago

    Listing updated: October 02, 2024 at 06:38am

    Listed by:

    Deb Forte,

    Century 21 North East

    Bought with:

    Ngan Vien

    eXp Realty

    Source: MLS PIN,MLS#: 73279561

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • Natural Gas
    Cooling
    • None
    Appliances
    • Laundry: Electric Dryer Hookup
    Features
    • Walk-Up Attic, Living Room, Kitchen
    • Flooring: Tile, Vinyl, Carpet, Hardwood, Wood
    • Basement: Full,Bulkhead
    • Has fireplace: No
    Interior area
    • Total structure area: 3,073
    • Total interior livable area: 3,073 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Paved Drive
    • Garage spaces: 2
    • Has uncovered spaces: Yes
    Features
    • Patio & porch: Porch, Covered
    • Exterior features: Balcony/Deck
    Lot
    • Size: 3,485 sqft
    • Features: Corner Lot
    Details
    • Parcel number: M:118 B:5240 L:231,3182648
    • Zoning: TTF

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Frame
    • Foundation: Stone
    • Roof: Shingle,Slate
    Condition
    • Year built: 1890

    Utilities & green energy

    • Electric: 110 Volts
    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: for Gas Range, for Electric Range, for Electric Dryer

    Community & neighborhood

    Community
    • Community features: Sidewalks
    Location
    • Region: Lowell

    HOA & financial

    Other financial information
    • Total actual rent: 3000
    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

    $598,100

    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

    $598,100