Property Description

Fantastic investment opportunity! Well-maintained 3-family home in a highly desirable area, just a 10-minute walk to UMass Lowell. Features include vinyl siding and windows, a new roof, new insulation, newer hot-air heating systems and water tanks, and coin-op laundry in the basement. Enjoy 6 off-street parking spaces plus a 2-car garage. Strong rental history with long-term tenants: 2nd floor (18 years), 1st floor front (10 years), and 1st floor rear (7 years). The 2nd floor can be made available for an owner-occupancy opportunity, offering the option to live comfortably while generating income. Low maintenance and a prime location make this a great addition to any investor’s portfolio!

Property Details tap to expand

Building Information

  • Total Units: 3
  • Total Floors: 3
  • Total Bedrooms: 4
  • Total Full Baths: 3

Financial

  • APOD Available: Yes
  • Gross Operating Income: 51600
  • Gross Expenses: 6800
  • Electric Expenses: 500
  • Water/Sewer: 2300
  • INSC: 4000
  • Net Operating Income: 37715

Utilities

  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

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

Unit 2 Description

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

Unit 3 Description

  • Floors: 2
  • Levels: 1

Construction

  • Year Built: 1930
  • Type: 3 Family
  • Construction Type: Aluminum, Frame
  • Foundation Info: Fieldstone
  • Roof Material: Aluminum, Asphalt/Fiberglass Shingles
  • Lead Paint: Unknown
  • Warranty: No

Other Information

  • MLS ID# 73456348
  • Last Updated: 11/20/25
  • Terms: Contract for Deed, Rent w/Option

Property History tap to expand

Date Event Price Price/Sq Ft Source
11/19/2025New$799,900$358MLSPIN

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Seller's Representative: Paul Brouillette, LAER Realty Partners
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 2025-11-20 11:49:00