712 School St, Lowell, MA, 01851
15 rooms
8 beds
4 Full baths
1900
3,348 sqft
Great corner lot with plenty of on street parking and a rare driveway. Property recently appraised in April 2025 as is for $866,000. Many recent updates within past few years including renovated units, Navien on demand heating systems as well as new electrical throughout. Three units are rented with two high rents but still slightly below market value and one significantly below market value and one vacant unit that needs some light renovations. This building is ready for an investor to come in, reap the rewards of the rented units, while gaining additional upside by increasing the rent on the below market unit and renovating and renting the vacant unit. Easy access to the Lowell Connector and walking distance to public transportation for the tenants. Don't miss your chance to buy an all around solid building that will generate great returns and always have a high tenant demand.
Status:
Active
Type:
Multi-family
Units:
4
Zoning:
USF
Heating:
Baseboard
Basement:
Full
Levels:
6
Acreage:
0.07
Est. Taxes:
$6,863
Assessment
$597,800
Construction
Frame
Utilities
for Electric Range
Lot Description:
Corner Lot
Amenities:
Public Transportation, Laundromat
Appliances:
Range, Refrigerator
MLS #:
73361238
Community Info
School Info
Walk Score
Mass Transit
Yelp
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Listing courtesy of Eric Dinicola, Winterspring Real Estate, LLC Phone: 617-586-8430