Sold

129 Shaw St, Lowell, MA

Lowell · MA 01851

$699,900
Price
8
Beds
4
Baths
3036
Sq. ft.

Overview

Property type: Multi-Family
Year built: Built in 1940
Units: 4 Units
Lot size: 2,400 Sq.Ft Lot
Price per square foot: $231 / Sq.Ft
Parking: No Parking

About this home

Great opportunity to invest in a well maintained and straight forward four family with great bones, very little owner expenses and four, 2-bedroom units. Two of the units have been fully updated, all four tenants are currently tenant at will, and the property is fully separately metered. With the property being conveniently located off of 110 and nearby public transportation, the units here will continue to have a high rental demand. This investment will be a solid cash flow producer from the start and has plenty of room to increase the returns through rent increases and unit updates. There is also the added bonus of a nice coin operated laundry set-up in the first floor common area for each of the units to use. Reach out to the listing agent for details on the first showing.

Neighborhood & Transit

129 Shaw St, Lowell · MA 01851

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:
1467 days
Listing Price:
$699,900
Price per Sq.Ft:
$231
Tax Assessment:
$384,800 in 2021
Taxes:
$407 / Monthly

Home Facts

Interior Features

Bedrooms
8
Full Bathrooms
4
Half Bathrooms
0
Living Area
3,036 Sq.Ft
Kitchen
Unknown
Primary Bedroom
Unknown
Laundry
Unknown
Living levels
Unknown
Rooms
Unknown
Above grade area
Unknown
Flooring
Unknown
Lead paint
Unknown

Utilities

Heating Type
Unknown
Heating Zone
Unknown
Cooling
Unknown
Cooling Zones
Unknown
Water
Unknown
Sewer
Unknown
Electric Features
Unknown

Exterior Features

Lot Size
2,400 Sq.Ft
Lot Description
Unknown
Exterior Features
Unknown

Parking

Garage Parking
0 Parking Spaces
Off Street Parking
None

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
Patrick Hermans
Listing office
J. Borstell Real Estate, Inc.
MLS PIN #
73008905
Disclosure
Common area electric meter will be installed prior to closing.