$2,100,000 ($522.78 per sqft)

Est. Mortgage $10,072/mo *

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130 University Avenue, Lowell, (Pawtucketville), MA, 01854

130 University Avenue, Lowell, (Pawtucketville), MA, 01854
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36 rooms

24 beds

8 Full baths

1900

4,017 sqft

Great opportunity to own a key piece of property right on the corner of University Ave & Gershom Ave. Two buildings on one deed, totaling 6 x 4 bedroom units, all with a similar layout. Four units are 4 bdrm/1 bath and two units are 4 bdrm/2 baths. All units are separately metered with tenants being responsible for payment of own electric, heat, hot water and cooking gas. Parking is on street by residential sticker. Laundromat is two doors over. Expansion potential on top level in each building, but one would need to go through the proper city planning and permitting procedures to pursue this option. This a well maintained property by an active owner, with a strong rental history and potential to increase rents. One unit is vacant and unit rent is estimated.

Status:

Active

Town:

Lowell

Type:

Multi-family

Units:

6

Zoning:

TMU

Energy Features:

Varies per Unit

Basement:

Unfinished

Levels:

5

Parking:

On Street

Acreage:

0.1

Est. Taxes:

$14,558

Assessment

$1,298,800

Construction

Frame

Utilities

Varies per Unit

Lot Description:

Corner Lot

Amenities:

Public Transportation, Shopping, Walk/Jog Trails, Golf, Medical Facility, Laundromat, Highway Access, House of Worship, Private School, Public School, T-Station, University

Elementary School:

Lowell Public

Middle School:

Lowell Public

High School:

Lowell Public

MLS #:

73460353

Community Info

School Info

Walk Score

Mass Transit

Yelp

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Listing courtesy of Brian Donoghue, Universal Property Management 978-937-9327