$629,900 ($243.68 per sqft)

Est. Mortgage $3,103/mo *

Quick Pre-Approval

716 Lawrence St., Lowell, MA, 01852

716 Lawrence St., Lowell, MA, 01852

11 rooms

7 beds

2 Full baths

1900

2,585 sqft

INVESTOR'S DREAM - HIGH RENTS - $60,600 ANNUAL GROSS INCOME. This property brings in higher rents that more expensive 2 family units. UNIT #1: 3 bedrooms, kitchen w/granite counters, livrm w/wood flooring and full bathroom.($2,400/MONTH). UNIT #2 - 4 bedrooms, kitchen w/granite counters, livrm w/wood flooring, full bath and pull down to attic space. There is also a back deck just for this unit ($2,650/MONTH. Unit #1 has lead Certificate of Maintained Compliance. Apartment Compliance Certs for both units from Lowell Inspectional Svs. This property offers vinyl siding, back yard and new owner can obtain a permit for 1 parking space. Additional parking on street. **Tenants would like to remain. Unit 1 lease ends October, 2026. Unit #2 lease ends February, 2027. Walk-out dirt basement great for storage. Great investment opportunity with ANNUAL GROSS RENTAL INCOME OF $60,600. Tenants would like to remain PHOTOS ARE PREVIOUS TO TENANTS OCCUPANCY *716 Lawrence St is the property with the green & red barrels in front" Put your touches on this multi-family with backyard and make it shine! All separate utilities other than water/sewer.


Status:

Active

Type:

Multi-family

Units:

2

Zoning:

TMU

Heating:

Central, Electric

Basement:

Full, Walk-Out Access, Interior Entry, Dirt Floor

Levels:

2

Parking:

On Street

Acreage:

0.06

Est. Taxes:

$6,041

Assessment

$556,100

Utilities

for Gas Range

Lot Description:

Cleared, Gentle Sloping

Amenities:

Public Transportation, Shopping, Park, Highway Access, Public School, University, Sidewalks

Appliances:

Range, Microwave, Refrigerator

MLS #:

73530166


Community Info

School Info

Walk Score

Mass Transit

Yelp



Listing courtesy of Karen J. Dame, Century 21 North East 978-635-3400