130 University Avenue, Lowell, MA 01854
- $1,872,500
- 24
- BD
- 8
- BA
- 4,017
- SqFt
- Sold Price
- $1,872,500
- List Price
- $2,100,000
- Status
- SOLD
- MLS#
- 73460353
- Bedrooms
- 24
- Bathrooms
- 8
- Full Baths
- 8
- Living Area
- 4,017
- Lot Size (Acres)
- 0.1
- Year Built
- 1900
Property Description
Great opportunity to own a key piece of property right on the corner of University Ave & Gershom Ave. Two buildings on one deed, totaling 6 x 4 bedroom units, all with a similar layout. Four units are 4 bdrm/1 bath and two units are 4 bdrm/2 baths. All units are separately metered with tenants being responsible for payment of own electric, heat, hot water and cooking gas. Parking is on street by residential sticker. Laundromat is two doors over. Expansion potential on top level in each building, but one would need to go through the proper city planning and permitting procedures to pursue this option. This a well maintained property by an active owner, with a strong rental history and potential to increase rents. One unit is vacant and unit rent is estimated.
Additional Information
- Area
- Pawtucketville
- Taxes
- $14,558
- Parking Description
- On Street
- Lot Description
- Corner Lot
- Water
- Public
- Sewer
- Public Sewer
- Elementary School
- Lowell Public
- Middle School
- Lowell Public
- High School
- Lowell Public
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Listing courtesy of Listing Agent: Brian Donoghue from Listing Office: Universal Property Management.
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