Off Market

31 Jewett St, Lowell, MA

Lowell · MA 01850

$1,999,900
Price
39
Beds
16
Baths
13437
Sq. ft.

Overview

Property type: Multi-Family
Year built: Built in 1880
Units: 9 Units
Lot size: 9,685 Sq.Ft Lot
Price per square foot: $149 / Sq.Ft
Parking: 12 Off Street Spaces

About this home

Here is the investment opportunity you've been waiting for! This 9 unit property is a CASH COW, bringing in $16,875 in rent every month! It is conveniently located in the Centralville neighborhood near all of Lowell's best amenities including UMASS. The property consists of 2 buildings, one with 4 units and the other with 5 units. Six out of the 9 units have been updated. It includes off-street parking for 12 vehicles and large storage spaces in the unfinished basements of the two buildings. Currently contracted with Simplified Management, Inc. which could be assumed by the buyer for a smooth transition into passive ownership. Buyer/buyer's agent to do own due diligence. Agency has a vested interest in this property. Open House Sat 10/7 & Sun 10/8 from 12pm-1pm. No showings until open houses.

Neighborhood & Transit

Centralville

31 Jewett St, Lowell · MA 01850

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:
1127 days
Listing Price:
$1,999,900
Price per Sq.Ft:
$149
Tax Assessment:
$1,256,900 in 2023
Taxes:
$1,301 / Monthly

Home Facts

Interior Features

Bedrooms
39
Full Bathrooms
13
Half Bathrooms
6
Living Area
13,437 Sq.Ft
Kitchen
Unknown
Primary Bedroom
Unknown
Laundry
Unknown
Living levels
Unknown
Rooms
Unknown
Above grade area
13437
Flooring
Unknown
Lead paint
Certified Treated

Utilities

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

Exterior Features

Lot Size
9,685 Sq.Ft
Lot Description
Unknown
Exterior Features
Unknown

Parking

Garage Parking
0 Parking Spaces
Off Street Parking
12 Parking Spaces

Construction Details

Construction Type
Unknown
Siding
Unknown
Roof
Unknown

Green Features

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

Listing information

Listing agent
Candor Realty Group
Listing office
Four Points Real Estate, LLC
MLS PIN #
73166231
Disclosure
Owners are licensed brokers in MA and agency has vested interest. Buyer/buyer's agent to do own due diligence. Most units have washer/dryer hookups & tenants, own washer/dryers. Property has a 5 year deed restriction relating to 3 residents assumed when purchased (~2 years left)