Excellent Investor opportunity to grow their portfolio as well as an exchange play. This 9 unit building consists of 20 bedrooms 9 bathrooms and has substantial upside in rents. The property has been De-leaded and has been well maintained. Opportunity lies in the the investor and the building is showing a cap of 8 percent is possible which is very difficult to achieve in this market. See firm remarks for group showing for qualified buyers.
Sold
$1,375,000
737 Lakeview Ave, Lowell, MA 01850
18beds
8,640sqft
5-9 Family
Built in 1900
-- sqft lot
$1,481,500 Zestimate®
$159/sqft
$-- HOA
What's special
Zillow last checked: 7 hours ago
Listing updated: August 25, 2022 at 10:39am
Listed by:
Michael Wetherbee,
Cameron Real Estate Group
Bought with:
Quinn Nguyen
Engel & Volkers Boston
Source: MLS PIN,MLS#: 72996198
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 18
- Bathrooms: 9
- Full bathrooms: 9
Features
- Flooring: Vinyl, Carpet
- Has basement: No
- Has fireplace: No
Interior area
- Total structure area: 8,640
- Total interior livable area: 8,640 sqft
Property
Parking
- Parking features: Off Street
Lot
- Size: 4,791 sqft
- Features: Corner Lot
Details
- Parcel number: 3186888
- Zoning: B1000
Construction
Type & style
- Home type: MultiFamily
- Property subtype: 5-9 Family
Materials
- Frame
- Foundation: Stone
Condition
- Year built: 1900
Utilities & green energy
- Electric: Individually Metered
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Varies per Unit
Community & neighborhood
Community
- Community features: Public Transportation, Shopping, Highway Access, University
Location
- Region: Lowell
HOA & financial
Other financial information
- Total actual rent: 11300
Services availability
Get a cash offer in 3 minutes
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Estimated market value
$1,481,500
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
$1,481,500