175 Liberty Street Lowell MA 01851 MLS #73286157

175 Liberty Street
Lowell, MA, 01851
$925,000
12 Beds
3 Baths
4,536 SqFt
0.11 Acres
$925,000
175 Liberty Street
Lowell, MA, 01851
Great opportunity for the buyer of this fully tenanted triple-decker in the Highlands. All three units currently occupied, all voucher recipients, with a total monthly rent roll of $7530.00. All units are separately metered and tenants are responsible for payment of own electric, heat, hot water and cooking. Unit electric panels are in each apartment and hot water tanks are in the basement. Each unit has its own heating system, one in the basement, one in-unit and one in the back hall. This is a well maintained property by an active owner, therefore no deferred maintenance. All three units are lead compliant, with certificates in hand. Location is on public transit and within a short distance of all area amenities. Both the bus depot and train station are a short distance away, and the Lowell Connector, RT-3, I-495 and RT-38 are all within a quick drive. This is a solid property with a strong rental history and rents.

Property Details

Price:
$925,000
MLS #:
73286157
Status:
Active
Beds:
12
Baths:
3
Address:
175 Liberty Street
Type:
Multi Family
Subtype:
3 Family
Neighborhood:
Highlands
City:
Lowell
Listed Date:
Sep 5, 2024
State:
MA
Finished Sq Ft:
4,536
Total Sq Ft:
4,536
ZIP:
01851
Lot Size:
4,792 sqft / 0.11 acres (approx)
Year Built:
1900
Units:
3

Schools

Elementary School:
Lowell Public
Middle School:
Lowell Public
High School:
Lowell Public

Interior

Bathrooms
3 Full Bathrooms
Flooring
Varies

Exterior

Community Features
Public Transportation, Shopping, Medical Facility, Laundromat, Highway Access, House of Worship, Private School, Public School, T- Station, University
Construction Materials
Frame
Parking Features
Paved Drive, Off Street, Driveway, Paved
Parking Spots
4
Roof
Rubber

Financial

Net Operating Income
$90,360
Tax Year
2024
Taxes
$8,509
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Marie Andrews

Marie Andrews

Realtor®, Broker/Owner, GBREB, Notary Public

Marie Andrews is an award-winning, licensed real estate broker with licenses in Massachusetts and Florida. She has been selling real estate in the greater Boston area for over 20 years. Over the past two decades, Marie has worked for Century 21 Advanced Realty, building a reputation as a multi-million dollar producer. She has developed an extensive network of investors, lenders, and attorneys. Marie has a wide knowledge base on property management, Massachusetts real estate law, and building…

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