Very well maintained building with stabilized rents and performing at a 7.6% cap rate. This turn-key investment property is ready for the its next owner. Located in the Belvidere neighborhood of Lowell, this building is convenient to parks, public transit, highways and downtown Lowell. Featuring 4 – 1 bedroom / 1 bathroom units and 1 – 3 bedroom / 2 bathroom unit. All units have a nice, open, layout and have been updated with stone counter tops, luxury vinyl plank flooring, clean kitchens and bathrooms, and fresh paint. This building has an on-site coin operated washer / dryer for additional income, a high efficiency gas boiler, an indirect hot water tank, no onsite parking to worry about and a small, easy to maintain, backyard. Don’t miss out on the best income producing multi family investment property on the market in Lowell today!
- Basement:
- Partial
- Sewer:
- Public Sewer
- Water:
- Public
- Disclosure
- Garage Parking
- Interior Features:
- Laundry Room
- Lead Paint:
- Unknown
- Area:
- Belvidere
- Market Time:
- 7
- Tax Year:
- 2026
- Status:
- Active
- Price Per Sqft:
- $335
- Zoning:
- TMF
- No Units:
- 5
- Orig Price:
- $1,049,000
- LEASE:
- No
- Waterfront:
- No
- MlsStatus:
- Active
- City:
- Lowell
- State:
- MA
- County:
- Middlesex
- Postal Code:
- 01852
- Longitude:
- W72° 42' 22.6''
- Latitude:
- N42° 38' 10.9''
Residential Income
317 Nesmith St., Lowell, Massachusetts
- Property Type :
- Residential Income
- Listing Type :
- For Sale
- Price :
- $1,049,000
- Bedrooms :
- 7
- Rooms :
- 18
- Total Bathrooms :
- 6
- Full Bathrooms :
- 6
- Square Footage :
- 3,131 Sqft
- Year Built :
- 1920
- Lot Area :
- 0.06 Acre
- Listing ID :
- 73484860
- Stephen E. Robb
- View website
- 617-212-0251
-
srobb@robbenterprises.com
