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Situated in the heart of downtown Lowell rests this circa 1825 Greek Revival brick building, currently a mixed-use investment property featuring a restaurant tenant on the first floor with a boarding house / hotel above, overlooking a brick paved courtyard. There are 27-rooms on three living levels with common bathrooms and coin-operated laundry. Historically known as Mrs. Hildreths Boarding House, the property is believed to have had President Lincoln once speak to the public from the open porch. 278 Central Street Lowell is at the junction of Route 110 in downtown, about 3/4 mile from the Lowell Connector. Buyer to perform all due diligence with respect to rooming house / hotel license requirements.
UNIQUE MIXED-USE PACKAGE SALE!!! 2 seperate parcels, with stripmall like side by side commercial units each with it's own useable basement space, newer roof, heating & cooling system. Smaller commercial unit is attached to fully occupied sun filled 4 unit multi-family, in fantastic shape and also with newer central A/C & heat system and lots of great updates. Larger commercial unit is plumbed with 4 half baths, and was former laundrymatt (plumbing connections are still within the walls). Owner is open to selling larger commercial side individually, as property is taxed seprately from smaller commercial unit and multi-family dwelling. Contact broker for further info/showing appointment. Located on busy Rt.3A, city bus stop right in front - so much potential for various business opportunties---laundrymatt, salon/spa, restaurant, convenient store, etc. Buyer to do their own due diligence. All rents are modest to current market!
Listed by Cheryl A. Maggio of LAER Realty Partners
Downtown Lowell area 3 story Brick building with 2 car garage and parking for 3 cars. Closely located to UMASS Lowell hotel & Conference center courthouse walking distance to Middlesex Community College.
Fantastic investment property! Great South Lowell location with easy access to University of Lowell. Don't miss this well maintained 6 family with separate utilities and heat. Newer roof, newer front and side porches, newer windows upstairs and many interior renovations. Some storage for tenants in basement . Annual income is $57,300. Annual expenses include gas ($135) electricity ($323) Insurance ($4600) and trash removal ($3900 - paid until end of this year) & water ($1948). Turn key investment property-nothing to do but collect rent.
Listed by Patti Brainard and Ray Suppa of Coldwell Banker Residential Brokerage - Cambridge - Huron Ave.
$60,000 projecting annual rents opportunities: one 5-bedroom single family + 2-family (3 and 4 bedrooms) on a single corner lot. This fully-rented rare-find 3 family layout presents two options: investor with easy-to-rent or owner-occupied with almost-live-for-free-with-two-other-units-rents. All hardwood floors, separate utilities, both heat and hot water by gas; long term tenants(4yrs, 3 yrs and 4 yrs) with tenant at will. Single family tenant will move out at the end of May to move into their new purchase home. About 10 years ago, the 2nd floor of the 2-family was totally rebuilt due to fire damaged. Newer hot water tanks. With the current rental market and still low mortgage rate, for investor, it is easy-to-maintain rental property with great recurring income, for home owners, why rent if someone will pay for your mortgage?
Listed by Mei Zhou of Coldwell Banker Residential Brokerage - Andover
Brand-new three-family house renovated in 2018. It has quality kitchens with granite counter tops, hardwood floors, and tiled bathrooms. Great house for rental income. Move into one and rent the others.
Listed by Alina Chamberlain of Coldwell Banker Residential Brokerage - Chelmsford
Incredible opportunity to own an almost brand new two family house, this house was completed gutted and rebuilt. It has new outside siding, new roof, new plumbing, new electrical work, new heating systems for both units. Inside you have hardwood floors, two bedrooms only have carpet, ceramic tile floor in the kitchens and bathrooms, new kitchen cabinets in both units, new appliances and granite counter tops. So nothing to do but just move in. Driveway fits minimum of 8 vehicles, garage for one car. new fence outside and landscaping. A must see firs showing is Saturday at 2:00 PM to 3:30
Listed by Eulalia Raposo of Park Hill Real Estate Inc.
Superlative 2 family house with 3-4 bedrooms. The house has vinyl siding in excellent condition. The house is in a superior location. Outstanding for a investor, or owner occupant. The seller added additional bedrooms in both units. The seller is a licensed real estate agent.
New major renovations Done on 2012. A rare find!!!! Owner occupied or investors take notice!! Very large 2 units in Centerville. First unit 4+ BR EIK 2 FB enclosed porch. Second unit 3 bedrooms, EIK, porch and finished third floor with FB set up as in-suite/in law/master (forth bedroom). New kitchens, appliances bathroom fixtures carpets and more in each unit. Off street parking with a fenced back yard. Down payment assistance available to qualified buyers through the City of Lowell. Due to High demand we can only show this Two Time on Group showing on Sat 11 Am and Monday 2.30Pm
Listed by Timothy Kihiko of Lowell Real Estate Experts
4 Unit Mixed Use Downtown Package Deal. Four Condominiums fully occupied within walking distance to many amenities. The property has been well maintained and updated. The first floor has an updated commercial space with offices and meeting rooms. The 2nd floor has 2 bedrooms as do the 3rd and 4th floors. All units have FHA and Central AC. Units 1 and 2 are listed as commercial units per the Assessor Records. Units 3 and 4 are residential units. The 3rd floor has Letter of Full Initial Lead Compliance. Group showings Tuesday, May 1st from 6 pm to 7 pm.
Fantastic investment property! Great Lowell location with easy access to Downtown Lowell. Don't miss this well maintained 4 family with separate utilities and heat. Newer roof, many interior and exterior renovations. Some storage for tenants in basement. Turn key investment property-nothing to do but collect rent. Make an appointment before it is gone!
Listed by Derek Mitchell of First Team Realty, LLC
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