Property Description

Turnkey 3 family on dead end street in Highlands neighborhood, with off street parking. Close to all conveniences including Route 3. First floor 3 bedrooms 1 bath, renovation completed June 2025 (delivered vacant). 2nd floor 3 bedrooms 1 bath renovation completed December 2023 (Section 8 certified, TAW) Third floor 2 bedrooms 1 bath renovation completed June 2025 (delivered vacant). Each unit own electric & gas. City of Lowell inspected and certified as rental through Jul7 2029, certificate to transfer to new owner. In addition the the renovations in all units roof replaced 2023, HVAC 2022. Seller is licensed Realtor with ownership in the property and is the Listing Agent

Property Details tap to expand

Building Information

  • Total Units: 3
  • Total Floors: 3
  • Total Bedrooms: 8
  • Total Full Baths: 3
  • Amenities: Highway Access, Laundromat, Medical Facility, Park, Public School, Public Transportation, Shopping, University
  • Basement Features: Dirt Floor, Full, Interior Access, Unfinished Basement, Walk Out
  • Common Rooms: Kitchen, Living Room
  • Common Interior Features: Bathroom With Tub & Shower, Ceiling Fans, Crown Molding, Internet Available - DSL, Storage
  • Common Appliances: Freezer, None, Range, Rangetop - ENERGY STAR, Refrigerator, Refrigerator - ENERGY STAR
  • Common Heating: Active Solar, Electric, Electric Baseboard, Extra Flue, Forced Air, Gas, Heat Pump, Hot Water Radiators, Space Heater
  • Common Cooling: None

Financial

  • APOD Available: Yes
  • Gross Operating Income: 20820
  • Gross Expenses: 10556
  • Water/Sewer: 1956
  • INSC: 5100
  • Repairs & Maintenance: 3500
  • Net Operating Income: 20820

Utilities

  • Heat Zones: 3
  • Electric Info: 110 Volts, 200 Amps, 220 Volts, At Street, On-Site
  • Utility Connections: for Electric Oven, for Electric Range, for Gas Range, Varies per Unit
  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private
  • Sewer District: 8

Unit 1 Description

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

Unit 2 Description

  • Included in Rent: Hot Water, Water
  • Under Lease: Yes
  • Floors: 2
  • Levels: 1

Unit 3 Description

  • Under Lease: No
  • Floors: 3
  • Levels: 1

Construction

  • Year Built: 1900
  • Type: 3 Family - 3 Units Up/Down
  • Construction Type: Aluminum, Frame
  • Foundation Info: Fieldstone
  • Roof Material: Aluminum, Asphalt/Fiberglass Shingles
  • Flooring Type: Vinyl, Wall to Wall Carpet, Wood
  • Lead Paint: Unknown
  • Warranty: No

Other Information

  • MLS ID# 73390881
  • Last Updated: 06/14/25
  • Terms: Contract for Deed, Rent w/Option

Property History tap to expand

Date Event Price Price/Sq Ft Source
06/13/2025New$859,000$260MLSPIN
04/04/2025Canceled$749,000$227MLSPIN
04/04/2025Under Agreement$749,000$227MLSPIN
03/21/2025Contingent$749,000$227MLSPIN
03/18/2025New$749,000$227MLSPIN

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Seller's Representative: Ellen Patchen, Keller Williams Realty
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 2025-06-14 03:30:00