Sold

215 Mt Hope St, Lowell, MA

Lowell · MA 01854

$550,000
Price
4
Beds
3
Baths
2951
Sq. ft.

Overview

Property type: Multi-Family
Year built: Built in 1910
Units: 2 Units
Lot size: 4,050 Sq.Ft Lot
Price per square foot: $198 / Sq.Ft
Parking: 1 Garage Space · 1 Off Street Space

About this home

Located at 215 Mount Hope St in Lowell, MA, this multi-family property presents a prime investment opportunity. With two or more units, it offers versatile accommodation options. The property features a total of four bedrooms and three baths, providing comfortable living spaces. Its proximity to Umass Lowell enhances its appeal, attracting potential tenants from the university community. A notable advantage is that tenants are responsible for paying utilities, which can contribute to positive cash flow. Additionally, there is a garage available for rent, offering an additional income stream for the property owner. Through due diligence, including viewing and financial analysis, this might be the right investment for you. Overall, this property holds promise for investors seeking a profitable venture in the Lowell area. Group showing 5/1/24 at 1230pm

Neighborhood & Transit

215 Mt Hope 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:
929 days
Listing Price:
$585,000
Price per Sq.Ft:
$198
Tax Assessment:
$476,400 in 2023
Taxes:
$493 / Monthly

Home Facts

Interior Features

Bedrooms
4
Full Bathrooms
3
Half Bathrooms
0
Living Area
2,951 Sq.Ft
Broker Disclosure about Living Area
SF is approx
Kitchen
Unknown
Primary Bedroom
Unknown
Laundry
Unknown
Living levels
Unknown
Rooms
Unknown
Above grade area
2951
Flooring
Unknown
Lead paint
Unknown

Utilities

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

Exterior Features

Lot Size
4,050 Sq.Ft
Lot Description
Unknown
Exterior Features
Unknown

Parking

Garage Parking
1 Parking Space
Off Street Parking
1 Parking Space

Construction Details

Construction Type
Unknown
Siding
Aluminum
Roof
Unknown

Green Features

Electric Vehicle Charger
Unknown
Solar Panels
Unknown
Green Certified
Unknown
Insulation Features
Unknown
Energy Features
Unknown

Listing information

Listing agent
Nancy Antonopoulos
Listing office
Crimson Real Estate Agency, LLC
MLS PIN #
73226027
Disclosure
Property sold as is. Financials available, email listing agent
Disclosure
SF is approx