$1,049,000 ($335.04 per sqft)

Est. Mortgage $5,373/mo *

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317 Nesmith, Lowell, MA, 01852

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17 rooms

7 beds

6 Full baths

1920

3,131 sqft

Very well maintained building with stabilized rents and performing at a 7.9% cap rate. This turn-key investment property is ready for the its next owner. Located in the Belvidere neighborhood of Lowell, this building is convenient to parks, public transit, highways and downtown Lowell. Featuring 4 - 1 bedroom / 1 bathroom units and 1 - 3 bedroom / 2 bathroom unit. All units have a nice, open, layout and have been updated with stone counter tops, luxury vinyl plank flooring, clean kitchens and bathrooms, and fresh paint. This building has an on-site coin operated washer / dryer for additional income, a high efficiency gas boiler, an indirect hot water tank, updated electrical, no onsite parking to worry about and a small, easy to maintain, backyard. Don't miss out on the best multi family investment property on the market in Lowell today!

Status:

Active

Type:

Multi-family

Units:

Zoning:

TMF

Basement:

Partial

Levels:

Acreage:

0.06

Est. Taxes:

$6,768

Assessment

$589,500

Lot Description:

Gentle Sloping, Sloped

Amenities:

Sidewalks

MLS #:

73362935

Community Info

School Info

Walk Score

Mass Transit

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Listing courtesy of Nick Cowden, Compass Phone: 781-534-9229

$1,049,000 ($335.04 per sqft)

317 Nesmith, Lowell, MA, 01852

Community Info

School Info

Walk Score

Mass Transit

Yelp

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