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.
- Basement:
- Unfinished
- Parking:
- On Street
- Construction:
- Frame
- Exterior Unit Features:
- Balcony
- Flooring:
- Varies
- Sewer:
- Public Sewer
- Water:
- Public
- Electric Feature:
- Individually Metered
- Garage Parking
- Lead Paint:
- Unknown, Certified Treated
- Area:
- Pawtucketville
- Grade School:
- Lowell Public
- High School:
- Lowell Public
- Middle School:
- Lowell Public
- Market Time:
- 15
- Tax Year:
- 2025
- Status:
- Closed
- Price Per Sqft:
- $466
- Zoning:
- TMU
- No Units:
- 6
- Orig Price:
- $2,100,000
- LEASE:
- Yes
- Waterfront:
- No
- MlsStatus:
- Sold
- City:
- Lowell
- State:
- MA
- County:
- Middlesex
- Postal Code:
- 01854
- Longitude:
- W72° 40' 17.9''
- Latitude:
- N42° 39' 16.5''
Residential Income
130 University Avenue, Lowell, Massachusetts
- Property Type :
- Residential Income
- Listing Type :
- For Sale
- Price :
- $2,100,000
- Bedrooms :
- 24
- Rooms :
- 36
- Total Bathrooms :
- 8
- Full Bathrooms :
- 8
- Square Footage :
- 4,017 Sqft
- Year Built :
- 1900
- Lot Area :
- 0.10 Acre
- Listing ID :
- 73460353
- Stephen E. Robb
- View website
- 617-212-0251
-
srobb@robbenterprises.com