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$887,500
9 Beds ⋅ 3 Baths ⋅ 73565786 MLS
Well-maintained 3-unit multifamily offering in Lowell’s established South Lowell neighborhood, featuring three spacious 3BR/1BA apartments and approximately 3,900 SF of living area. Two of the three units will be delivered vacant and move-in ready at closing, offering immediate flexibility for an investor or owner-occupant to lease, occupy, or further improve. Recent capital improvements include a newer EPDM rubber roof (2022), refinished hardwood flooring, new luxury vinyl plank flooring, updated bathroom vanities, and newer appliances in the first- and second-floor units. Additional features include in-unit washer/dryer hookups, usable yard space, separately metered forced hot-air gas heating, and updated electrical service, helping minimize landlord-paid utility expenses. Additional value-add potential may exist to reconfigure existing 3BR layouts into 4BR units, subject to applicable approvals and permitting. Conveniently located near Downtown Lowell with quick access to the Lowell Connector, Route 3, I-495, LRTA service, MBTA commuter rail, shopping, dining, parks, and major employment and educational centers. A compelling opportunity combining immediate vacancy, recent improvements, efficient utilities, and long-term income-growth potential.

31-33 Bourne Street, Lowell

Listing courtesy of Listing Agent: Michael Alvarez from Listing Office: Alvarez Real Estate Group LLC.
$700,000
11 Beds ⋅ 3 Baths ⋅ 73555029 MLS
Discover an investment or owner-occupied opportunity at 9 Bourne Street in Lowell, MA. This three-family property offers strong income potential while retaining many of its historic architectural details. The property features three spacious units (currently 3 bedrooms each) and with a little work could have 4 bedrooms in each unit for a total of 12 bedrooms, providing flexible living arrangements for investors or owner occupants. Original character remains throughout, including some hardwood floors, decorative woodwork, built in cabinetry and butler's pantries in the kitchens. The basement includes roughed in separate storage units for each apartment, offering additional storage space for tenants. Individual laundry hookups are also available for each unit in the basement. Whether you are expanding your investment portfolio or looking to live in one unit while generating rental income from the others, this property offers a great opportunity. Property to be delivered vacant. Schedule your private showing to see everything 9-11 Bourne Street has to offer. Buyer to make any needed repairs if required by a lender.

9 Bourne St, Lowell

Listing courtesy of Listing Agent: Raymond Boutin from Listing Office: RE/MAX Innovative Properties.

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