
Lowell, MA106-108 Mt. Washington Street
Sale Price$635,000
MLS Number 4774612
- Multifamily
- Units 3
- Square Feet 4,287
Attention Investors . . . Large 3-Family with great rental income, just 3 blocks from UMass-Lowell! Spacious 3-Bedroom units, recently updated including new Kitchen cabinets, granite countertops and stainless steel appliances. Building upgrades in recent years include low maintenance vinyl siding, new windows, new roof, newer heating systems and hot water heaters. Separate utilities with tenants paying for heat, hot water and electricity. Off-street parking for 6 vehicles includes an oversized 1-car garage. Proximity to the university allows for premium rents of $1,800-1,900/month or more. Units 1 and 3 are rented, with Unit 2 vacant for owner-occupied if desired. With use of the garage, projected rent for that unit is $1,900+. That's an annual gross income of 66K with low expenses for this turn key property!
Listed by Mike Peterson of Weichert Realtors-Peterson & Associates
Listing Sold by RE/MAX Partners
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