21 Myrtle St, Lowell, MA 01850

$550,000
6
BD
2
BA
2,888
SqFt

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Sold Price
$550,000
List Price
$524,900
Status
SOLD
MLS#
73541549
Bedrooms
6
Bathrooms
2
Full Baths
2
Living Area
2,888
Lot Size (Acres)
0.12
Year Built
1880

Property Description

OFFER DEADLINE - July 1 at noon. Opportunity awaits at 21 Myrtle St., a two-family property offering immediate rental income with future upside potential. Both units are occupied by long-term tenants who have enjoyed stable tenancy, with current rents below market value, presenting an opportunity for increased cash flow over time.The property has undergone numerous important updates, including full deleading compliance, replacement entry doors, installation of fire-rated safety doors, and updated smoke and carbon monoxide alarm systems to meet current city requirements. Additional improvements include replacement of the heating system and hot water tank within the past 10 years. Conveniently located just minutes from downtown Lowell, the property offers easy access to major commuter routes. Residents enjoy proximity to public transportation, shopping, dining and a vibrant arts and culture scene that has made Lowell one of the Merrimack Valley's most desirable rental markets.

Additional Information

Taxes
$5,618
Interior Features
Lead Certification Available, Living Room, Kitchen
Parking Description
Off Street
Lot Description
Level
View
City View(s), City
Water
Public
Sewer
Public Sewer
Elementary School
S. Christa Mcauliffe Elem.
Middle School
Henry J. Robinson Middle
High School
Lowell High School

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Calculator source: Real Geeks

Listing courtesy of Listing Agent: Melanie Norcross from Listing Office: Keller Williams Gateway Realty.

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