The Fava Group
"The Fava Group" Maine to New Hampshire Realtors®
REALTORS®, LUXBHGRE - Luxury Homes
BEDS12
BATHS1 full
SQUARE FEET5,400
MLS#73598237
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
Property Description
RARE fully turnkey investment property with 6 fully de-leaded units with separated gas and electric utilities. With no driveway to plow in the winter or tenant utilities to pay for, operating expenses are manageable for this cash cow of a property. The property includes a list of recent updates including a newer roof, all new heating systems, updated plumbing, updated electrical, and a new sprinkler system installed in 2015. With 2 beds and 1 bath per unit, the property is poised for strong cash flow through stable and strong rents in these recently renovated units featuring updated bathrooms, kitchens, floors, and laundry hookups in the basement. This one is a strong buy and hold investment you won't want to miss!
Property Features
Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Full, Concrete
Lot Size: 0.09 Acres
Roof Type: Shingle
Stories: 5.0
Taxes: $14,368
Year Built: 1880
Amenities
Living Room
Kitchen
Feature Descriptions
Building Area Total: 5400
Community Features: Public Transportation, Shopping, Park, Laundromat, Highway Access, Private School, Public School, T-Station, University
Compensation Based On: N/A
Compensation Broker Transaction: N/A
Compensation Buyer Agency: N/A
Compensation Sub Agency: N/A
Compensation Sub Agency Offered: N/A
Days on Site: 1
Dwelling Type: 5+ Family - 5+ Units Up/Down
Exterior: Frame
Flooring: Tile, Vinyl
Laundry: Electric Dryer Hookup, Washer Hookup
Lot Features: Level
Open Parking Y/N: Yes
Parking Features: On Street
Parking Total: 0
Rooms Total: 24
Sewer: Public Sewer
Units: 6
Utilities: for Gas Range, for Electric Dryer, Washer Hookup
Water: Public
Listed By / Shown By
Listed By
Agency Name: Keynova Group LLC
Agent Name: Brendan Conley
Agency Phone: 774-287-6819
Shown By
Agent Name: The Fava Group
Agent Phone: (603) 289-4736
Agency Title: Better Homes and Gardens Real Estate The Masiello Group
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Estimated Payment
$ 5,350.77 per month $3,672.18 Principal & Interest $1,197.33 Property Tax $481.25 Homeowner's Insurance
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14-16 2nd Street | MLS# 73598237
This multi-family property located at 14-16 2nd Street, Lowell, MA 01850 is currently listed for sale with an asking price of $1,650,000. Search Lowell real estate on thefavagroup.masiellogrouprealestate.com today.