Open House: Sat 8/2 10:00 AM
23
24-26 Richmond Ave, Lowell, MA 01852
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$525,000
2 Unit
5 Beds
2 Baths
2144 SQFT
0.06 Acre

Property Description

Discover this well-maintained two-family duplex located on a peaceful street, offering both comfort and convenience. You'll find plenty of off-street parking available just 65 feet from the property, and it's conveniently located just minutes away from shopping and highways. Inside, each unit features tin ceilings and washer/dryer hookups, adding both charm and practicality. The front unit also boasts a delightful three-season porch. With separate utilities for each unit, tenants are responsible for their own gas, heat, and electricity costs. Outside, enjoy a fenced-in backyard. This property offers a fantastic opportunity for an investor seeking a stable rental or for someone who wants to live in one unit and rent out the other to help cover mortgage payments.

Property Details tap to expand

Building Information

  • Total Units: 2
  • Total Floors: 4
  • Total Bedrooms: 5
  • Total Full Baths: 2
  • Amenities: Public Transportation
  • Basement Features: Bulkhead, Concrete Floor, Dirt Floor, Full, Interior Access, Unfinished Basement
  • Common Rooms: Dining Room, Kitchen, Living Room, Sunroom
  • Common Appliances: Dishwasher, Microwave, Range, Refrigerator, Wall Oven, Washer Hookup
  • Common Heating: Central Heat, Extra Flue, Gas, Heat Pump, Hot Water Radiators, Steam
  • Common Cooling: None

Financial

  • APOD Available: No
  • Gross Operating Income: 38400
  • Net Operating Income: 38400

Utilities

  • Electric Info: 100 Amps, 200 Amps, Other (See Remarks)
  • Energy Features: Insulated Doors, Insulated Windows
  • Utility Connections: for Electric Dryer, for Gas Oven, for Gas Range, Washer Hookup
  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

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

Unit 2 Description

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

Construction

  • Year Built: 1880
  • Construction Type: Aluminum, Frame
  • Foundation Info: Fieldstone
  • Roof Material: Aluminum, Asphalt/Fiberglass Shingles
  • Flooring Type: Vinyl, Wood
  • Lead Paint: Yes
  • Warranty: No

Other Information

  • MLS ID# 73411910
  • Last Updated: 07/31/25

Property History tap to expand

Date Event Price Price/Sq Ft Source
07/31/2025New$525,000$245MLSPIN

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Seller's Representative: Doreen Lewis, Redfin Corp.
Sub Agent Compensation: n/a
Buyer Agent Compensation: 2
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 2025-07-31 13:50:00

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