Sold
115 Salem St, Lowell, MA
Lowell · MA 01854
- $1,735,000
- Price
- 17
- Beds
- 8
- Baths
- 7038
- Sq. ft.
Overview
Property type:
Multi-Family
Year built:
Built in 1900
Units:
8 Units
Lot size:
3,920 Sq.Ft Lot
Price per square foot:
$256 / Sq.Ft
Parking:
2 Off Street Spaces
About this home
Here?s an incredible opportunity to purchase a well-maintained 8-unit building located near UML's East Campus. This property features seven 2-bedroom units and one 3-bedroom unit, all currently occupied with tenants at will. The building underwent a comprehensive gut renovation in 2010, during which all utilities were updated. This extensive renovation included the replacement of plumbing, electrical systems, insulation, roofing, siding, windows, kitchens, bathrooms, and more, ensuring a modern and efficient living environment. Additionally, the owner installed fire alarm and sprinkler systems throughout the building for enhanced safety. Tenants are responsible for their own utilities and enjoy convenient on-site laundry services with access to two washers and two dryers. With its prime location, under market rents and extensive upgrades, this building is a fantastic investment opportunity for all types of buyers.
Neighborhood & Transit
115 Salem St, Lowell · MA 01854
Nearby transit
Within 0.5 mile, measured straight-line to the nearest station entrance.
No subway or commuter rail stations within 0.5 mile.
Price Insight
- Days on Market:
- 743 days
- Listing Price:
- $1,799,000
- Price per Sq.Ft:
- $256
- Tax Assessment:
- $843,100 in 2024
- Taxes:
- $837 / Monthly
Home Facts
Interior Features
- Bedrooms
- 17
- Full Bathrooms
- 8
- Half Bathrooms
- 0
- Living Area
- 7,038 Sq.Ft
- Kitchen
- Unknown
- Primary Bedroom
- Unknown
- Laundry
- Unknown
- Living levels
- Unknown
- Rooms
- Unknown
- Above grade area
- 7038
- Flooring
- Unknown
- Lead paint
- None, Unknown
Utilities
- Heating Type
- Unknown
- Heating Zone
- Unknown
- Cooling
- Unknown
- Cooling Zones
- Unknown
- Water
- Unknown
- Sewer
- Unknown
- Electric Features
- 150 Amps, Individually Metered
Exterior Features
- Lot Size
- 3,920 Sq.Ft
- Lot Description
- Unknown
- Exterior Features
- Unknown
Parking
- Garage Parking
- 0 Parking Spaces
- Off Street Parking
- 2 Parking Spaces
Construction Details
- Construction Type
- Unknown
- Siding
- Vinyl
- Roof
- Unknown
Green Features
- Electric Vehicle Charger
- Unknown
- Solar Panels
- Unknown
- Green Certified
- Unknown
- Insulation Features
- Unknown
- Energy Features
- Unknown
Listing information
- Listing agent
- Jack Mantville
- Listing office
- J. Borstell Real Estate, Inc.
- MLS PIN #
- 73304464