Property Description

Spectacular 5-unit investment consisting of 2 Separate buildings a newer 3-family built in 2019 and a Duplex in very good condition. There is also a Brick 2- Stall garage with lots of parking, green space and 5 fully rented units that are producing some nice profits with room to produce more. The centerpiece of this investment property is a newer style 3- family built in 2019 with large units 2 bedrooms each Open Concept Kitchen central Gas heat and central AC each unit. The Duplex is an older well-maintained home with 3 bedrooms each all separate utilities and plenty of parking. This is truly a Turnkey investment with room for higher rents. Currently No Leases all units TAW.

Features

Heating System:: Central, Forced Air, Natural Gas, Hot Water
Cooling System:: Central Air
Basement:: Full, Concrete
Parking:: Assigned, Off Street, Paved Drive
Appliances:: Range, Dishwasher, Microwave, Refrigerator
Construction:: Frame
Flooring:: Tile, Vinyl
Sewer:: Public Sewer
Water:: Public
Disclosure:: One bedroom photo and one living room photo have been virtually staged. Garage fits 2 small cars or 1 car plus storage space. Title V will be done on 8/5.
Electric Feature:: Circuit Breakers, 200+ Amp Service, 100 Amp Service
Garage Parking:: 2
Lead Paint:: Unknown
Road Type:: Paved

Additional Information

Market Time:: 14
Parking Spaces:: 14
Tax Year:: 2025
Status:: Active
Price Per Sqft:: $288
Zoning:: TTF
No Units:: 5
Orig Price:: $1,725,000
LEASE:: No
Waterfront:: No
MlsStatus:: Active

Address Map

City:: Lowell
State:: MA
County:: Middlesex
Postal Code:: 01851
Longitude:: W72° 40' 26.4''
Latitude:: N42° 37' 53.8''

Google Map

Residential Income

18-22 Burgess St, Lowell, Massachusetts

12 Bedrooms

6.5 Total Bathrooms

6,000 Sqft

$1,725,000

Listing ID #73528698

Basic Details

Property Type :: Residential Income
Listing Type :: For Sale
Price :: $1,725,000
Bedrooms :: 12
Rooms :: 27
Total Bathrooms :: 6.5
Full Bathrooms :: 5
Half Bathrooms :: 3
Square Footage :: 6,000 Sqft
Year Built :: 2018
Lot Area :: 0.36 Acre
Listing ID :: 73528698

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Agent info

Robb Enterprises

Stephen E. Robb
View website
617-212-0251
srobb@robbenterprises.com

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The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.