Sold for $1,300,000

$1,300,000

60-62 W 3rd St, Lowell, MA 01850

15beds

6,909sqft

5+ Family - 5+ Units Up/Down

Built in 1940

-- sqft lot

$-- Zestimate^®

$188/sqft

$2,101 Estimated rent

Home value

Not available

Estimated sales range

Not available

$2,101/mo

Zestimate^® history

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$6,590/mo

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$6,590/mo

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What's special

Storage areaCommuter linesParking lotSpacious kitchen

UNIQUE PACKAGE DEAL: Unique investment opportunity to purchase adjacent, multiple properties AND a 10 car paved, parking lot. This property has been owned by the same family for the past 50 years. There is a 3 family and a 2 family for a total of 5 apartments with 15-20 bedrooms. There is parking for 10 vehicles plus a permit for onstreet parking. All apartments have at least 3 bedrooms (although some show as a 4 bed) and include a full bath, in unit washer/dryer hookup, spacious kitchen/dining with appliances, a living room and a storage area. All units are rented except Apartment 1 which was owner-occupied and could use some cosmetic updates. Great rental history for both buildings. Tenants are responsible for heat and electricity. Convenient to the University, shopping and commuter lines. Apt. 1 is immediately available for showings. Schedule your showing today.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 15
Bathrooms: 5
Full bathrooms: 5

Heating

Forced Air, Natural Gas

Cooling

None, Central Air

Appliances

Included: Range, Dishwasher, Refrigerator
Laundry: Washer & Dryer Hookup, Electric Dryer Hookup

Features

Bathroom With Tub & Shower, Living Room, Dining Room, Kitchen
Basement: Full
Has fireplace: No

Interior area

Total structure area: 6,909
Total interior livable area: 6,909 sqft

Property

Parking

Total spaces: 11
Parking features: Paved Drive, Off Street, Paved
Uncovered spaces: 11

Features

Exterior features: Balcony/Deck
Fencing: Fenced

Lot

Size: 6,509 sqft

Details

Zoning: TTF

Construction

Type & style

Home type: MultiFamily
Property subtype: 5+ Family - 5+ Units Up/Down

Materials

Frame
Foundation: Concrete Perimeter, Stone
Roof: Rubber

Condition

Year built: 1940

Utilities & green energy

Electric: Circuit Breakers
Sewer: Public Sewer
Water: Public
Utilities for property: for Gas Range, for Electric Dryer

Community & neighborhood

Community

Community features: Public Transportation, Shopping, Laundromat, University

Location

Region: Lowell

HOA & financial

Other financial information

Total actual rent: 7100

Price history

Date	Event	Price
5/23/2024	Sold	$1,300,000$188/sqft
Source: MLS PIN #73215595 Report a problem
3/22/2024	Listed for sale	$1,300,000$188/sqft
Source: MLS PIN #73215595 Report a problem