63-65 Sixth St, Lowell, MA 01850

$535,000
6
BD
2
BA
3,592
SqFt

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List Price
$535,000
Price Change
▼ $40,000 1780690863
Status
UNDER AGREEMENT
MLS#
73523056
Bedrooms
6
Bathrooms
2
Full Baths
2
Living Area
3,592
Lot Size (Acres)
0.09
Year Built
1900

Property Description

Excellent opportunity to own a two-family property in Lowell with strong upside potential for investors or owner-occupants alike. This long-term owned property offers solid bones and several important updates already completed, including updated heating systems, newer hot water tanks, updated electrical, some newer windows, and a metal roof with transferable lifetime warranty. One unit is currently tenant-occupied at $2,000/month on a month-to-month basis, providing immediate rental income, while the other unit offers the perfect opportunity for an owner occupant to live in one side and offset costs with rental income. Property is definitely in need of rehab, cosmetic updating, and sweat equity to bring it back to its full potential, but the value-add opportunity is clear. Driveway parking, separate living spaces, and convenient access to Lowell amenities make this a great long-term investment opportunity.

Additional Information

Taxes
$7,953
Parking Description
Paved Drive
Water
Public
Sewer
Public Sewer

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Listing courtesy of Listing Agent: Vision Realty Group from Listing Office: LAER Realty Partners.

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