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!
Sold
$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
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
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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