Description
Well-maintained 3-unit multifamily offering in Lowell's established South Lowell neighborhood, featuring three spacious 3BR/1BA apartments and approximately 3,900 SF of living area. Two of the three units will be delivered vacant and move-in ready at closing, offering immediate flexibility for an investor or owner-occupant to lease, occupy, or further improve. Recent capital improvements include a newer EPDM rubber roof (2022), refinished hardwood flooring, new luxury vinyl plank flooring, updated bathroom vanities, and newer appliances in the first- and second-floor units. Additional features include in-unit washer/dryer hookups, usable yard space, separately metered forced hot-air gas heating, and updated electrical service, helping minimize landlord-paid utility expenses. Additional value-add potential may exist to reconfigure existing 3BR layouts into 4BR units, subject to applicable approvals and permitting. Conveniently located near Downtown Lowell with quick access to the Lowell Connector, Route 3, I-495, LRTA service, MBTA commuter rail, shopping, dining, parks, and major employment and educational centers. A compelling opportunity combining immediate vacancy, recent improvements, efficient utilities, and long-term income-growth potential.
Details
| MLS # | 73565786 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Pending |
| Year | 1910 |
| Days On Site | 36 |
| Listing Provided By | Alvarez Real Estate Group LLC | Michael Alvarez |
Features
| Bed(s) | 9 |
|---|---|
| Bath(s) | 3 Total |
| SQ Feet | 3,900 |
| Basement | Y |
| Story(s) | 3 |
| Units | 3 |
| Zoning | TTF |
| Acreage | 0.09 |
Interior
| Rooms Total | 18 |
|---|---|
| Heating Yes / No | Yes |
| Heating | Forced Air, Natural Gas |
| Interior Features | Living Room, Dining Room, Kitchen |
| Appliances | Range, Microwave, Refrigerator |
| Fireplaces Total | 0 |
| Fireplace Yes / No | No |
| Flooring | Hardwood |
Exterior
| Exterior Features | Balcony/Deck |
|---|---|
| Roof | Rubber |
| Construction Materials | Frame |
| Foundation Details | Stone |
| Lot Features | Other |
Parking
| Garage Yes / No | No |
|---|
Utilities
| Sewer | Public Sewer |
|---|
Taxes
| Tax Annual Amount | 7668 |
|---|---|
| Tax Assessed Value | 669900 |
| Tax Block | 695 |
| Tax Lot | 31 |
| Tax Year | 2026 |
| Tax Map Number | 184 |
Location
| Community Features | Public Transportation, Shopping, Park, Medical Facility, Highway Access, Public School, T-Station, University |
|---|---|
| Senior Community Yes / No | No |
Area Information
| State | MA |
|---|---|
| County | Middlesex |
| City | Lowell |
| Zip Code | 01852 |
| Area | South Lowell |
| Listing VS Median (in 01852) | |
Price: $887,500 low | high Med: $392,500 sqft: 3,900 low | high Med: 1,352 $ / sqft: $228 low | high Med: $304 On site: 36 low | high Med: 14.5 | |
Market Activity 01852
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Learn More About This Property
| State | MA |
|---|---|
| County | Middlesex |
| City | Lowell |
| Zip Code | 01852 |
| Area | South Lowell |
| Listing VS Median (in 01852) | |
Price: $887,500 low | high Med: $392,500 sqft: 3,900 low | high Med: 1,352 $ / sqft: $228 low | high Med: $304 On site: 36 low | high Med: 14.5 | |
 | $700,0009 Bourne StLowell, MA 01852 |