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.
- Heating System:
- Central, Electric
- Basement:
- Full, Dirt Floor, Walk-out Access, Interior Entry
- Parking:
- On Street
- Appliances:
- Range, Microwave, Refrigerator
- Exterior Unit Features:
- Rain Gutters, Balcony/deck
- Flooring:
- Wood, Laminate, Hardwood
- Sewer:
- Public Sewer
- Water:
- Public
- Disclosure:
- water, trash removal, snow removal. Landlord provides basic yard maintenance. 1 car garage parking
- Electric Feature:
- Circuit Breakers
- Garage Parking
- Interior Features:
- Walk-up Attic, Kitchen, Stone/granite/solid Counters, Bathroom With Tub & Shower, Lead Certification Available, Living Room
- Lead Paint:
- Unknown, Certified Treated
- Road Type:
- Paved
- Rent Fee Includes:
- Unit 1(water), Unit 2(water)
- Market Time:
- 50
- Tax Year:
- 2026
- Status:
- Active
- Price Per Sqft:
- $244
- Zoning:
- TMU
- No Units:
- 2
- Orig Price:
- $629,900
- LEASE:
- Yes
- Waterfront:
- No
- MlsStatus:
- Active
- City:
- Lowell
- State:
- MA
- County:
- Middlesex
- Postal Code:
- 01852
- Longitude:
- W72° 41' 55.2''
- Latitude:
- N42° 37' 55.8''
Residential Income
716 Lawrence St., Lowell, Massachusetts
- Property Type :
- Residential Income
- Listing Type :
- For Sale
- Price :
- $629,900
- Bedrooms :
- 7
- Rooms :
- 11
- Total Bathrooms :
- 2
- Full Bathrooms :
- 2
- Square Footage :
- 2,585 Sqft
- Year Built :
- 1900
- Lot Area :
- 0.06 Acre
- Listing ID :
- 73530166
- Stephen E. Robb
- View website
- 617-212-0251
-
srobb@robbenterprises.com
