Property Description

6-Unit Multifamily property in sought after Highlands neighborhood of Lowell. Built 2017, this immaculate, turnkey building is just steps from UMass Lowell south campus! This property shows true pride of ownership with granite countertops, stainless steel appliances, tile flooring, high ceilings, and custom woodwork throughout. Each unit is separately metered with its own central heat & AC, ensuring low operating costs and easy management. Tenants enjoy off-street parking, a fully fenced property, and security cameras for peace of mind. Prime Highlands location = strong rental demand + steady cash flow. Perfect for investors seeking a low-maintenance, income-producing property in a desirable neighborhood. With its prime location, strong rental demand, and meticulous upkeep, this property is truly a one of a kinda A+ investment property.

Property Details tap to expand

Building Information

  • Total Units: 6
  • Total Floors: 5
  • Total Bedrooms: 9
  • Total Full Baths: 6
  • Total Half Baths: 1
  • Amenities: Highway Access, Medical Facility, Park, Public Transportation, Shopping, Walk/Jog Trails
  • Basement Features: Full
  • Common Interior Features: Tile Floor

Financial

  • APOD Available: Yes
  • Expenses Source: Owner Provided
  • Gross Operating Income: 141600
  • Gross Expenses: 28215
  • GSE: 179
  • Electric Expenses: 530
  • Water/Sewer: 2188
  • INSC: 4456
  • Repairs & Maintenance: 1455
  • RFS: 1709
  • Miscellaneous Expense: 2005
  • Net Operating Income: 113384

Utilities

  • Heat Zones: 6
  • Cooling Zones: 6
  • Electric Info: 200 Amps, Individually Metered
  • Energy Features: Insulated 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: 1

Unit 2 Description

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

Unit 3 Description

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

Unit 4 Description

  • Floors: 2
  • Levels: 1

Construction

  • Year Built: 2017
  • Type: 5-9 Family
  • Construction Type: Aluminum, Frame, Stone/Concrete
  • Foundation Info: Poured Concrete
  • Roof Material: Aluminum, Asphalt/Fiberglass Shingles
  • Flooring Type: Tile, Wall to Wall Carpet
  • Lead Paint: None
  • Warranty: No

Other Information

  • MLS ID# 73420925
  • Last Updated: 08/21/25
  • Terms: Contract for Deed, Rent w/Option

Property History tap to expand

Date Event Price Price/Sq Ft Source
08/21/2025New$2,300,000$517MLSPIN

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Seller's Representative: James Williamson, J. Borstell Real Estate, Inc.
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 2025-08-21 16:27:00