712 School St new Save Request In-Person Tour Request Virtual Tour
Lowell,MA 01851
Key Details
Property Type Multi-Family
Sub Type 4 Family
Listing Status Active
Purchase Type For Sale
Square Footage 3,348 sqft
Price per Sqft $253
MLS Listing ID 73361238
Bedrooms 8
Full Baths 4
Year Built 1900
Annual Tax Amount $6,863
Tax Year 2025
Lot Size 3,049 Sqft
Property Sub-Type 4 Family
Property Description
Great corner lot with plenty of on street parking and a rare driveway. Property recently appraised in April 2025 as is for $866,000. Many recent updates within past few years including renovated units, Navien on demand heating systems as well as new electrical throughout. Three units are rented with two high rents but still slightly below market value and one significantly below market value and one vacant unit that needs some light renovations. This building is ready for an investor to come in, reap the rewards of the rented units, while gaining additional upside by increasing the rent on the below market unit and renovating and renting the vacant unit. Easy access to the Lowell Connector and walking distance to public transportation for the tenants. Don't miss your chance to buy an all around solid building that will generate great returns and always have a high tenant demand.
Location
State MA
County Middlesex
Zoning USF
Interior
Heating Baseboard
Flooring Vinyl
Exterior
Community Features Public Transportation,Laundromat
Utilities Available for Electric Range
Roof Type Rubber
Building
Lot Description Corner Lot
Story 6
Foundation Stone
Sewer Public Sewer
Water Public