Lowell, MA 01854,273-277 University AVE
Listed by Brian X Murphy • LAER Realty Partners/Chelmsford
Bought with A non PrimeMLS member • A Non PrimeMLS Agency
$430,000
Est.Price: ?

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6 BD
3 BA
6,454 SqFt

273-277 University AVE Lowell, MA 01854

Est. payment /mo
SOLD DATE : 03/27/2015

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Key Details

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Square Footage 6,454 sqft

Price per Sqft $61

MLS Listing ID 4388480

Sold Date 03/27/15

Bedrooms 6

Full Baths 3

Construction Status Existing

Year Built 1930

Annual Tax Amount $3,743

Tax Year 2013

Lot Size 4,356 Sqft

Acres 0.1

Property Description

Two clean one bedroom units for easy maintenance, one spacious three bedroom unit for maximum rental income - all lead paint removed with certificates! Well-maintained and freshly painted with electrical updates, two new water tanks, and new burner for storefront. Attached structure currently used for commercial interests to include office space for doctor, lawyer, dentist, accountant, insurance or real estate agency. It is plumbed for three-station beauty salon. Perfect opportunity to start your small business or perhaps convert to additional living space. Within walking distance of major University! Cavernous attic can be finished for additional space. Tenants pay own utilities. Your only cost is taxes, insurance, water/sewer, and maintenance. Hard-to-beat potential for 9-10% return on your investment per year! Increase your income by renting two garage spaces instead of including them in the rent. Endless possibilities at an attractive price.

Location

State MA

County Ma-middlesex

Area Ma-Middlesex

Zoning M1001

Rooms

Basement Full, Stairs - Interior

Interior

Cooling Individual

Equipment Smoke Detectr-Hard Wired

Exterior

Garage Spaces 2.0

Garage Description Detached, Garage, Off Street, On Street, Parking Spaces 4

Utilities Available Cable

Roof Type Shingle - Asphalt

Building

Story 3

Foundation Stone

Sewer Public

Architectural Style Other

Construction Status Existing

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