115 Salem St, Lowell, MA, 01854
35 rooms
17 beds
8 Full baths
1900
7,038 sqft
Here’s an incredible opportunity to purchase a well-maintained 8-unit building located near UML's East Campus. This property features seven 2-bedroom units and one 3-bedroom unit, all currently occupied with tenants at will. The building underwent a comprehensive gut renovation in 2010, during which all utilities were updated. This extensive renovation included the replacement of plumbing, electrical systems, insulation, roofing, siding, windows, kitchens, bathrooms, and more, ensuring a modern and efficient living environment. Additionally, the owner installed fire alarm and sprinkler systems throughout the building for enhanced safety. Tenants are responsible for their own utilities and enjoy convenient on-site laundry services with access to two washers and two dryers. With its prime location, under market rents and extensive upgrades, this building is a fantastic investment opportunity for all types of buyers.
Status:
Active
Type:
Multi-family
Laundry Remarks:
Electric Dryer Hookup, Washer Hookup
Units:
8
Zoning:
UMF
Heating:
Electric, Unit Control
Levels:
10
Parking:
2-car, Paved Drive, Off Street, On Street, Paved
Acreage:
0.09
Est. Taxes:
$10,041
Assessment
$843,100
Construction
Frame
Utilities
for Electric Dryer, Washer Hookup
Lot Description:
Level
Amenities:
Public Transportation, Shopping, Highway Access, Public School, University, Sidewalks
Appliances:
Range, Microwave, Refrigerator, Freezer
MLS #:
73304464
Compensation Based On:
Net Sale Price
Sub-Agency Relationship Offered:
No
Community Info
School Info
Walk Score
Mass Transit
Yelp
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Listing courtesy of Jack Mantville, J. Borstell Real Estate, Inc. Phone: 978-502-8045