487 - 489 E Merrimack St, Lowell, MA 01852
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$599,999
2 Unit
5 Beds
2 Baths
1989 SQFT
0.27 Acre

Property Description

This stunning 2 Family property features a 3-bed, 1-bath unit and a 2-bed, 1-bath unit, offering great potential for house hackers or investors. Located close to walking trails, the T-station, the university, and schools, this property is ideal for those looking to live in one unit while renting out the other, or for maximizing rental income. With its prime location and versatile layout, this property is a must-see! Buyer/Buyer agent to do own due diligence. Listing agency has vested interest. Seller has never occupied the property. Open Houses on Saturday 9/7 12 PM -2 PM & Sunday 9/8 10AM -12PM

Property Details tap to expand

Building Information

  • Total Units: 2
  • Total Floors: 3
  • Total Bedrooms: 5
  • Total Full Baths: 2
  • Amenities: Private School, T-Station, University, Walk/Jog Trails
  • Basement Features: Partially Finished
  • Common Rooms: Kitchen, Living Room

Financial

  • APOD Available: No
  • Gross Operating Income: 16800
  • Net Operating Income: 16800

Utilities

  • Electric Info: Circuit Breakers, Underground
  • Energy Features: Storm Doors, Storm Windows
  • Utility Connections: for Gas Range
  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

  • Under Lease: Yes
  • Floors: 1
  • Levels: 2

Unit 2 Description

  • Under Lease: No
  • Floors: 2
  • Levels: 1

Construction

  • Year Built: 1960
  • Construction Type: Aluminum, Frame
  • Foundation Info: Poured Concrete
  • Roof Material: Aluminum, Asphalt/Fiberglass Shingles
  • Flooring Type: Vinyl
  • Lead Paint: Unknown
  • Warranty: No

Other Information

  • MLS ID# 73284158
  • Last Updated: 09/07/24

Property History tap to expand

Date Event Price Price/Sq Ft Source
09/07/2024Active$599,999$302MLSPIN
09/03/2024New$599,999$302MLSPIN

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Seller's Representative: Candor Realty Group, Four Points Real Estate, LLC
Sub Agent Compensation: n/a
Buyer Agent Compensation: n/a
Facilitator Compensation: n/a
Compensation Based On: Net Sale Price
Sub-Agency Relationship Offered: No

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MLS PIN data last updated at 2024-09-07 03:05:00

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