716 Lawrence St., Lowell, MA 01852

$629,900
7
BD
2
BA
2,585
SqFt

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List Price
$629,900
MLS#
73530166
Status
ACTIVE
Type
Multifamily
City
Lowell
County
Middlesex
Bedrooms
7
Bathrooms
2
Living Area
2,585
Year Built
1900

Property Description

INVESTOR'S DREAM - HIGH RENTS - $60,600 ANNUAL GROSS INCOME. This property brings in higher rents that more expensive 2 family properties. UNIT #1: 3 bedrooms, kitchen w/granite counters, livrm w/wood flooring and full bathroom.($2,400/MONTH. MONTH TO MONTH LEASE). UNIT #2 - 4 bedrooms, kitchen w/granite counters, livrm w/wood flooring, full bath and pull down to attic space. There is also a back deck just for this unit ($2,650/MONTH - LEASE TO 2/1/2027). Unit #1 has lead Certificate of Maintained Compliance. This property offers vinyl siding & back yard. New owner can obtain a permit for 1 parking space. Additional parking on street. Unit 1 lease Month to Month Unit #2 lease ends February 1, 2027. Great investment opportunity with ANNUAL GROSS RENTAL INCOME OF $60,600. PHOTOS ARE PREVIOUS TO TENANTS OCCUPANCY *716 Lawrence St is the property with the green & red barrels in front" Put your touches on this multi-family with backyard and make it shine! All separate utilities other than water/sewer. **Street parking**

Additional Information

Sewer
Public Sewer

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Calculator source: Real Geeks

Listing courtesy of Listing Agent: Karen J. Dame from Listing Office: Century 21 North East.