Sold

8 Cherry St, Lowell, MA

Lowell · MA 01852

$960,000
Price
12
Beds
6
Baths
4334
Sq. ft.

Overview

Property type: Multi-Family
Year built: Built in 1920
Units: 6 Units
Lot size: 2,088 Sq.Ft Lot
Price per square foot: $196 / Sq.Ft
Parking: No Parking

About this home

Great bones and even better systems, this straight forward 6 family with two bedrooms per unit is set up to operate with low maintenance needed. Ready for an investor to step in, rent out the units at fair market value to tenants of their choice and start collecting cash flow. Property will be delivered with one tenant in the building. Updated systems, electrical, fire alarm monitoring, security cameras and 3 out of the 6 units have been updated in the last 5 years. Parking on Chapel and Linden St as well as public transportation within walking distance from the building.

Neighborhood & Transit

8 Cherry St, Lowell · MA 01852

Nearby transit

Within 0.5 mile, measured straight-line to the nearest station entrance.

  • Lowell Commuter Rail 1 route 0.41 mi
    • Lowell Line

Price Insight

Days on Market:
1467 days
Listing Price:
$850,000
Price per Sq.Ft:
$196
Tax Assessment:
$615,600 in 2021
Taxes:
$690 / Monthly

Home Facts

Interior Features

Bedrooms
12
Full Bathrooms
6
Half Bathrooms
0
Living Area
4,334 Sq.Ft
Broker Disclosure about Living Area
pulled from Public Record
Kitchen
Unknown
Primary Bedroom
Unknown
Laundry
Unknown
Living levels
Unknown
Rooms
Unknown
Above grade area
Unknown
Flooring
Unknown
Lead paint
Certified Treated

Utilities

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

Exterior Features

Lot Size
2,088 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 #
72949080
Disclosure
Seller is doing a 1031 exchange
Disclosure
pulled from Public Record