3-13 Agawam St., Lowell, MA 01852
3-13 Agawam St., Lowell, MA 01852
3-13 Agawam St., Lowell, MA 01852
3-13 Agawam St., Lowell, MA 01852
3-13 Agawam St., Lowell, MA 01852
3-13 Agawam St., Lowell, MA 01852
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Jen Roux

Jen Roux

+1(508) 579-7790
$ 2,199,999
Est. payment | /mo

14 Beds

9 Baths

7,565 SqFt

Save
$ 2,199,999
Est. payment | /mo
Save

14 Beds

9 Baths

7,565 SqFt

Key Details

Property Type Multi-Family

Sub Type 5-9 Family

Listing Status Active

Purchase Type For Sale

Square Footage 7,565 sqft

Price per Sqft $290

MLS Listing ID 73577771

Bedrooms 14

Full Baths 9

Year Built 1937

Annual Tax Amount $11,640

Tax Year 2027

Lot Size 9,147 Sqft

Acres 0.21

Property Sub-Type 5-9 Family

Property Description

Fantastic opportunity for the savvy investor! This 9-unit investment property consists of two buildings situated on one lot: a two unit building plus a larger building containing seven additional units. An excellent opportunity for a 1031 exchange or for an investor looking to add a substantial income producing property to their portfolio. Current rents support approximately an 8.5% cap rate.The property consists of five 2-bedroom units, two 1-bedroom units, one 4-bedroom unit, and one commercial space, currently occupied by a hair salon. The property benefits from a strong history of long term tenancy, with some tenants having occupied their units for as long as 25 years. Additional improvements include updated furnaces and water heaters. The seller has Letters of Lead Compliance and has also had the locks keyed so that one key provides access throughout the property, simplifying management. An added bonus is a large workshop/office space designated exclusively for owner access, providing valuable space for property management, storage, maintenance supplies, or a private workspace. A massive parking lot with approximately 15 parking spaces provides ample off-street parking for tenants and the commercial space. A rare opportunity to acquire a sizable, established rental property with strong income potential. Call today to schedule your private showing!

Location

State MA

County Middlesex

Zoning TMU

Direction Use GPS

Rooms

Basement Full

Interior

Interior Features Living Room, Kitchen

Heating Natural Gas

Flooring Tile, Carpet, Hardwood

Exterior

Roof Type Shingle,Rubber

Total Parking Spaces 15

Garage No

Building

Lot Description Corner Lot

Story 6

Foundation Stone

Sewer Public Sewer

Water Public

Others

Senior Community false

Listed by Foundation Brokerage Group

Nearby Locations

Jen Roux

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(508) 579-7790

jenroux72@gmail.com

51 Union St, Worcester, MA 01608, USA

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3-13 Agawam St.