716 Lawrence St., Lowell, MA 01852
- $629,900
- 7
- BD
- 2
- BA
- 2,585
- SqFt
Listing courtesy of Listing Agent: Karen J. Dame from Listing Office: Century 21 North East.
- List Price
- $629,900
- Status
- ACTIVE
- Days on Market
- 62
- MLS#
- 73530166
- Subtype
- Residential Income
- Year Built
- 1900
- Bedrooms
- 7
- Bathrooms
- 2
- Full Baths
- 2
- Living Area
- 2,585
- Lot Size
- 2,814
- Acres
- 0.06
Property Description
INVESTOR'S DREAM - HIGH RENTS - $60,600 ANNUAL GROSS INCOME. This property brings in higher rents that more expensive 2 family units. UNIT #1: 3 bedrooms, kitchen w/granite counters, livrm w/wood flooring and full bathroom.($2,400/MONTH). UNIT #2 - 4 bedrooms, kitchen w/granite counters, livrm w/wood flooring, full bath and pull down to attic space. There is also a back deck just for this unit ($2,650/MONTH. Unit #1 has lead Certificate of Maintained Compliance. Apartment Compliance Certs for both units from Lowell Inspectional Svs. This property offers vinyl siding, back yard and new owner can obtain a permit for 1 parking space. Additional parking on street. **Tenants would like to remain. Unit 1 lease ends October, 2026. Unit #2 lease ends February, 2027. Walk-out dirt basement great for storage. Great investment opportunity with ANNUAL GROSS RENTAL INCOME OF $60,600. Tenants would like to remain PHOTOS ARE PREVIOUS TO TENANTS OCCUPANCY *716 Lawrence St is the property with the green & red barrels in front" Put your touches on this multi-family with backyard and make it shine! All separate utilities other than water/sewer.
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Additional Information
- Interior Features
- Lead Certification Available, Stone/Granite/Solid Counters, Bathroom With Tub & Shower, Walk-Up Attic, Living Room, Kitchen
- Exterior Features
- Balcony/Deck, Rain Gutters
- Taxes
- $6,041
- Zoning
- TMU
- Flooring
- Wood, Laminate, Hardwood
- Appliances
- Range, Microwave, Refrigerator
- Heating
- Central, Electric
- Stories
- 2
- Levels
- 2
- Foundation
- Stone
- Parking Features
- On Street
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