$524,900 ($181.75 per sqft)

Est. Mortgage $2,518/mo *

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21 Myrtle St, Lowell, MA, 01850

21 Myrtle St, Lowell, MA, 01850
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10 rooms

6 beds

2 Full baths

1880

2,888 sqft

Attention investors! Opportunity awaits at 21 Myrtle St., a two-family property offering immediate rental income with future upside potential. Both units are occupied by long-term tenants who have enjoyed stable tenancy, with current rents below market value, presenting an opportunity for increased cash flow over time.The property has undergone numerous important updates, including full deleading compliance, replacement entry doors, installation of fire-rated safety doors, and updated smoke and carbon monoxide alarm systems to meet current City of Lowell requirements. Additional improvements include replacement of the heating system and hot water tank within the past 10 years. Conveniently located just minutes from downtown Lowell, the property offers easy access to major commuter routes. Residents enjoy proximity to public transportation, shopping, dining and a vibrant arts and culture scene that has made Lowell one of the Merrimack Valley's most desirable rental markets.

Status:

Active

Type:

Multi-family

Laundry Remarks:

Washer Hookup

Units:

2

Zoning:

TTF

Heating:

Steam

Basement:

Full

Levels:

2

Parking:

3-car, Off Street

Acreage:

0.12

Est. Taxes:

$5,618

Assessment

$489,400

Construction

Frame

Utilities

Washer Hookup

Lot Description:

Level

View Description:

City View(s), City

Amenities:

Public Transportation, Shopping, Highway Access, Public School, T-Station

Elementary School:

S. Christa Mcauliffe Elem.

Middle School:

Henry J. Robinson Middle

High School:

Lowell High School

Appliances:

Range, Refrigerator

MLS #:

73541549

Community Info

School Info

Walk Score

Mass Transit

Yelp

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Listing courtesy of Melanie Norcross, Keller Williams Gateway Realty