Discover the potential of this charming two-family property, perfect for investors or those looking to create their dream home. The upper unit features a spacious 6-bedroom, 2.5-bathroom layout across two levels, offering generous living space for families or lucrative rental opportunities. The first-floor apartment boasts 4 bedrooms and 1 bathroom, ideal for tenants or extended family.While the property needs some work to restore it to its full glory, its size and thoughtful layout provide a solid foundation for renovation. Imagine modernizing the kitchens and baths or enhancing the outdoor space for relaxation and gatherings. Located in a desirable neighborhood with easy access to schools, parks, and shopping, this property is brimming with potential. Whether you're seeking a dual-income investment or envisioning a single-family oasis, this is an opportunity not to be missed. Bring your vision and creativity—schedule a viewing today and unlock the possibilities!
Fantastic investment opportunity in Lowell! This multi-family property offers two spacious units, perfect for owner occupancy or adding to an investor's portfolio. Unit 1: 2 bedrooms, 1 bath Unit 2: 3 bedrooms, 1 bath. Each unit features separate utilities and offers off-street parking for convenience. Located just 4 minutesfrom the T and a short walk to the bus stop, commuting is a breeze. Enjoy being 1 mile from downtown Lowell, a 10-minute walk to Kerouac Park and George McDermott Reservoir. With tenants currently at will and paying below market rents, there is significant potential for increased cash flow. Lowell’s low vacancy rate of only 3.75% makes this a great investment opportunity! Don't miss out on this excellent multi-family property in a prime location.
Here’s a wonderful opportunity to own this spacious 3-family home at 654 Bridge St, located in the desirable Centerville neighborhood of Lowell. Each unit features 4 generously sized bedrooms, large kitchens, dining areas, and living rooms, with the added convenience of in-unit laundry. With a full fourth floor offering additional storage, there's plenty of room for your needs. Major updates have already been taken care of, including newer boilers, water heaters, updated electrical systems, siding, and a roof installed in 2022. The property also boasts ample off-street parking behind the house, along with a garage that generates additional rental income. All units have separate utilities, and with the potential for condo conversion down the road, this home is an excellent investment opportunity. Located just minutes from UMass Lowell, Middlesex Community College, downtown, and with an LTRA bus stop nearby, this home provides easy access to all that Lowell has to offer.
With its mixed-use design, this property presents an excellent investment opportunity, catering to both residential and commercial tenants. The property features a versatile layout with two residential units along with a commercial space suitable for a range of businesses. Its proximity to the university makes it an attractive option for students and professionals working in the area. Residents will benefit from a diverse array of shops and restaurants nearby and enjoy easy access to the scenic river walk, perfect for leisurely strolls or outdoor activities. With Lowell experiencing ongoing development and revitalization, this property holds potential for future appreciation, making it an attractive long-term investment.
The median home value in Lowell, MA is $405,500. This is lower than the county median home value of $658,900. The national median home value is $338,100. The average price of homes sold in Lowell, MA is $405,500. Approximately 41.44% of Lowell homes are owned, compared to 54.38% rented, while 4.18% are vacant. Lowell real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Lowell real estate agent to arrange a tour today!
Lowell, Massachusetts 01850 has a population of 114,804. Lowell 01850 is less family-centric than the surrounding county with 25.68% of the households containing married families with children. The county average for households married with children is 35.9%.
The median household income in Lowell, Massachusetts 01850 is $64,489. The median household income for the surrounding county is $111,790 compared to the national median of $69,021. The median age of people living in Lowell 01850 is 34.4 years.
The average high temperature in July is 83.2 degrees, with an average low temperature in January of 15.7 degrees. The average rainfall is approximately 47.5 inches per year, with 55.6 inches of snow per year.