Off Market

590-592 Westford Street, Lowell, MA

Lowell · MA 01851

$750,000
Price
4
Beds
3.5
Baths
3923
Sq. ft.

Overview

Property type: Multi-Family
Year built: Built in 1910
Units: 4 Units
Lot size: 7,503 Sq.Ft Lot
Price per square foot: $191 / Sq.Ft
Parking: 16 Off Street Spaces

About this home

INVESTORS take notice of this one of a kind 4 unit building! This mixed use property offers 2 commercial units and 2 residential apartments. The restaurant pays $1,500 per month on a triple net lease with increasing rent every year. The hair/nail salon pays $1,250 per month on a triple net lease that expires December 31, 2022. The two residential units consist of one 3 bedroom, townhouse style apartment that the tenants pays $1,800 per month and a 1 bedroom apartment that the tenant pays $1,500 per month but are given a $300/month discount for taking care of the building. All tenants pay their own utilities. This property has loads of parking and is ready for the new owner to start making money!

Neighborhood & Transit

590-592 Westford Street, 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:
1443 days
Listing Price:
$750,000
Price per Sq.Ft:
$191
Tax Assessment:
$429,400 in 2022
Taxes:
$454 / Monthly

Home Facts

Interior Features

Bedrooms
4
Full Bathrooms
2
Half Bathrooms
3
Living Area
3,923 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
7,503 Sq.Ft
Lot Description
Unknown
Exterior Features
Unknown

Parking

Garage Parking
0 Parking Spaces
Off Street Parking
16 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
Kelli Gilbride
Listing office
Dick Lepine Real Estate,Inc.
MLS PIN #
73051732