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The Equity Foundry
14-16 2nd Street, Lowell, MA 01850
- $1,650,000
- 12
- BD
- 1
- BA
- 5,400
- SqFt
- List Price
- $1,650,000
- Status
- NEW
- MLS#
- 73598237
- Bedrooms
- 12
- Bathrooms
- 1
- Full Baths
- 1
- Living Area
- 5,400
- Lot Size (Acres)
- 0.09
- Year Built
- 1880
Property Description
RARE fully turnkey investment property with 6 fully de-leaded units with separated gas and electric utilities. With no driveway to plow in the winter or tenant utilities to pay for, operating expenses are manageable for this cash cow of a property. The property includes a list of recent updates including a newer roof, all new heating systems, updated plumbing, updated electrical, and a new sprinkler system installed in 2015. With 2 beds and 1 bath per unit, the property is poised for strong cash flow through stable and strong rents in these recently renovated units featuring updated bathrooms, kitchens, floors, and laundry hookups in the basement. This one is a strong buy and hold investment you won't want to miss!
Additional Information
- Area
- Centralville
- Taxes
- $14,368
- Interior Features
- Living Room, Kitchen
- Parking Description
- On Street
- Lot Description
- Level
- Water
- Public
- Sewer
- Public Sewer
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Listing courtesy of Listing Agent: Brendan Conley from Listing Office: Keynova Group LLC.
The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors, landlords and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non commercial use of consumers having a good faith interest in purchasing, leasing or renting listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing, leasing or renting. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.