Excellent opportunity to own a two-family property in Lowell with strong upside potential for investors or owner-occupants alike. This long-term owned property offers solid bones and several important updates already completed, including updated heating systems, newer hot water tanks, updated electrical, some newer windows, and a metal roof with transferable lifetime warranty. One unit is currently tenant-occupied at $2,000/month on a month-to-month basis, providing immediate rental income, while the other unit offers the perfect opportunity for an owner occupant to live in one side and offset costs with rental income. Property is definitely in need of rehab, cosmetic updating, and sweat equity to bring it back to its full potential, but the value-add opportunity is clear. Driveway parking, separate living spaces, and convenient access to Lowell amenities make this a great long-term investment opportunity.
| MLS # | 73523056 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Pending |
| Year | 1900 |
| Days On Site | 125 |
| Listing Provided By | LAER Realty Partners | Vision Realty Group |
| Bed(s) | 6 |
|---|---|
| Bath(s) | 2 Total |
| SQ Feet | 3,592 |
| Basement | Y |
| Story(s) | 2 |
| Units | 2 |
| Zoning | TTF |
| Acreage | 0.09 |
| Rooms Total | 12 |
|---|---|
| Fireplaces Total | 0 |
| Fireplace Yes / No | No |
| Foundation Details | Concrete Perimeter, Block |
|---|
| Garage Yes / No | No |
|---|---|
| Parking Features | Paved Drive |
| Open Parking Yes / No | Yes |
| Sewer | Public Sewer |
|---|
| Tax Annual Amount | 7953 |
|---|---|
| Tax Assessed Value | 692800 |
| Tax Year | 2025 |
| Senior Community Yes / No | No |
|---|
| State | MA |
|---|---|
| County | Middlesex |
| City | Lowell |
| Zip Code | 01850 |
| Area | Middlesex |
| Listing VS Median (in 01850) | |
Price: $535,000 low | high Med: $535,000 sqft: 3,592 low | high Med: 3,592 $ / sqft: $149 low | high Med: $149 On site: 125 low | high Med: 125 | |
| State | MA |
|---|---|
| County | Middlesex |
| City | Lowell |
| Zip Code | 01850 |
| Area | Middlesex |
| Listing VS Median (in 01850) | |
Price: $535,000 low | high Med: $535,000 sqft: 3,592 low | high Med: 3,592 $ / sqft: $149 low | high Med: $149 On site: 125 low | high Med: 125 | |
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