$1,060,000
$1,050,000
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18 Auburn Street Lowell, MA 01852
18 Beds
6 Baths
8,673 SqFt
Key Details
Sold Price $1,060,000
Property Type Multi-Family
Sub Type 5-9 Family
Listing Status Sold
Purchase Type For Sale
Square Footage 8,673 sqft
Price per Sqft $122
MLS Listing ID 72934030
Sold Date 11/07/22
Bedrooms 18
Full Baths 6
Year Built 1900
Annual Tax Amount $8,283
Tax Year 2021
Lot Size 4,791 Sqft
Acres 0.11
Property Sub-Type 5-9 Family
Property Description
Don't miss this unique 6 unit investment opportunity with great cash flow in an ideal commuting location .3 miles from commuter rail and .1 miles from highway. Significant updates made recently including new roof and all hot water tanks in 2019. Very spacious units each with a living room, kitchen, walk-in pantry, 3 large bedrooms, and a full bath. Building is vinyl sided, with mostly vinyl replacement windows. Separate heat and electric for each unit with utilities paid by tenants. Units are heated by gas, with gas space heater in LR. Sale includes 4 refrigerators & 5 gas ranges. Rents are well under published HUD fair market rents for 3 bedroom units in the city.
Location
State MA
County Middlesex
Zoning M3001
Direction Lowell Connector to left on Gorham to right on Auburn
Rooms
Basement Full, Dirt Floor
Interior
Interior Features Unit 1(Ceiling Fans, Pantry), Unit 2(Ceiling Fans, Pantry), Unit 3(Ceiling Fans, Pantry), Unit 4(Ceiling Fans, Pantry), Unit 1 Rooms(Living Room, Kitchen, Other (See Remarks)), Unit 2 Rooms(Living Room, Kitchen, Other (See Remarks)), Unit 3 Rooms(Living Room, Kitchen, Other (See Remarks)), Unit 4 Rooms(Living Room, Kitchen, Other (See Remarks))
Heating Unit 1(Gas, Space Heater), Unit 2(Gas, Space Heater), Unit 3(Gas, Space Heater), Unit 4(Gas, Space Heater)
Cooling Unit 1(None), Unit 2(None), Unit 3(None), Unit 4(None)
Flooring Unit 1(undefined)
Appliance Unit 2(Range, Refrigerator), Unit 3(Range, Refrigerator), Unit 4(Range, Refrigerator), Gas Water Heater
Exterior
Community Features Public Transportation, Shopping
Roof Type Rubber
Garage No
Building
Lot Description Level
Story 9
Foundation Stone
Sewer Public Sewer
Water Public
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Bought with Eric DiNicola • Keller Williams Realty Boston-Metro | Back Bay