Great opportunity for the investor with this fully lead compliant multi-family in the Centralville section of Lowell. Convenient to RT-38, RT-110 & RT-495. Roof is approximately two years old, siding eight to ten years old. Heat, hot water and cooking is by gas for each unit. At least five off-street parking spots total, potentially six. Two spacious three bedroom units. And while this is listed by the city as a legal two-family, it has been used as a three family for at least the length of this owner's possession, with the top floor being a large and wide open studio. All units have lead certificates. All units have two means of egress. 2nd floor unit is currently vacant and is being leased by owner @ $1450.00 per month as of December 1st. There is room for movement on the rents of the other two units. Prospective buyer to do own due diligence with regard to 3rd floor unit. This would be an excellent purchase for an investor in today's market.
Off market
$624,000
25 Read St, Lowell, MA 01850
6beds
2,769sqft
MultiFamily
Built in 1900
-- sqft lot
$624,000 Zestimate®
$225/sqft
$-- HOA
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Forced air, Gas
Features
- Basement: Unfinished
Interior area
- Total interior livable area: 2,769 sqft
Property
Features
- Exterior features: Other
Lot
- Size: 2,613 sqft
Details
- Parcel number: LOWEM197B4870L25
Construction
Type & style
- Home type: MultiFamily
Materials
- Roof: Asphalt
Condition
- Year built: 1900
Community & neighborhood
Location
- Region: Lowell
Other
Other facts
- Amenities: Public Transportation, Shopping, Golf Course, Medical Facility, Laundromat, Highway Access, House Of Worship, Private School, Public School, T-Station, University
- Construction: Frame
- Electric Feature: Circuit Breakers
- Exterior: Vinyl
- Flooring: Wood, Vinyl, Varies Per Unit
- Foundation: Fieldstone
- Hot Water: Natural Gas
- Lot Description: Paved Drive, Level
- Mf Type: 2 Family
- Road Type: Public
- Roof Material: Asphalt/Fiberglass Shingles
- Energy Features: Insulated Windows
- Utility Connections: For Gas Range
Services availability
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Estimated market value
$624,000
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
$624,000