75 Bowers St, Lowell, MA
Not Available - Off MarketPrice Reduced $75,000
0
This Property is No Longer Available
75 Bowers St, Lowell, MA 01854
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$1,325,000
5 Unit
7 Beds
5 Baths
2410 SQFT
0.09 Acre

Property Description

ATTENTION all investors. Here is your chance to own this renovated & upgraded Turnkey 5 unit multi-family with Lead Certificates near UMASS Lowell. The property houses 5 units all with kitchens having updated/upgraded cabinets with Granite Counters and Stainless-Steel appliances. The 1st floor has 3 units; the 2nd floor has 2 units. Most flooring is Hardwood with some Tile. The property was renovated in 2019 and has a Sprinkler system, Security system with cameras, Monitored Fire Alarms, Updated plumbing, Updated Electrical, 4 FHA High Efficiency Furnaces, 4 Central AC unit, New Windows, and Master keyed. The common Laundry on the first floor takes debit or credit cards (operated by an outside company) and the property has motion lights. All this plus off-street parking for 3 or 4 cars.

Property Details tap to expand

Building Information

  • Total Units: 5
  • Total Floors: 7
  • Total Bedrooms: 7
  • Total Full Baths: 5
  • Amenities: Conservation Area, House of Worship, Laundromat, Medical Facility, Park, Public School, Public Transportation, Shopping, Tennis Court, University
  • Basement Features: Full, Walk Out
  • Common Rooms: Kitchen, Living Room
  • Common Interior Features: Lead Certification Available, Security System, Stone/Granite/Solid Counters, Tile Floor, Upgraded Cabinets, Upgraded Countertops
  • Common Appliances: Dishwasher, Microwave, Range, Refrigerator, Washer / Dryer Combo, Washer Hookup
  • Common Heating: Electric, Extra Flue, Forced Air, Forced Air, Gas, Heat Pump, Oil, Space Heater
  • Common Cooling: Central Air

Financial

  • APOD Available: Yes
  • Gross Operating Income: 94278
  • Gross Expenses: 9282
  • GSE: 1131
  • Electric Expenses: 934
  • Water/Sewer: 1307
  • INSC: 4160
  • RFS: 800
  • Miscellaneous Expense: 950
  • Net Operating Income: 84996

Utilities

  • Heat Zones: 5
  • Cooling Zones: 4
  • Electric Info: Circuit Breakers, Underground
  • Energy Features: Insulated Windows
  • Utility Connections: for Electric Dryer, Washer Hookup
  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

  • Included in Rent: Hot Water, Water
  • Under Lease: No
  • Floors: 1
  • Levels: 1

Unit 2 Description

  • Included in Rent: Hot Water, Water
  • Under Lease: No
  • Floors: 1
  • Levels: 1

Unit 3 Description

  • Included in Rent: Hot Water, Water
  • Under Lease: No
  • Floors: 1
  • Levels: 1

Unit 4 Description

  • Included in Rent: Hot Water, Water
  • Under Lease: No
  • Floors: 2
  • Levels: 1

Construction

  • Year Built: 1900
  • Type: 5+ Family - 5+ Units Up/Down
  • Construction Type: Aluminum, Frame
  • Foundation Info: Fieldstone
  • Roof Material: Aluminum, Asphalt/Fiberglass Shingles
  • Flooring Type: Hardwood, Laminate, Tile
  • Lead Paint: Certified Treated
  • Warranty: No

Other Information

  • MLS ID# 73299229
  • Last Updated: 04/07/25

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Seller's Representative: Raymond Boutin, RE/MAX Innovative Properties
Sub Agent Compensation: n/a
Buyer Agent Compensation: n/a
Facilitator Compensation: n/a
Compensation Based On: n/a
Sub-Agency Relationship Offered: No

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MLS PIN data last updated at 2025-04-07 03:05:00

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