36-42 London St Lowell MA 01852 MLS #73385306

36-42 London St
Lowell, MA, 01852
$1,150,000
17 Beds
4 Baths
6,691 SqFt
0.23 Acres
$1,150,000
36-42 London St
Lowell, MA, 01852
Open House Jun 08, 2025
11:00 – 12:30
GREAT INVESTMENT OPPORTUNITY – Newly renovated in 2020 RARE 4 and 5 bedroom units, positive cash flow, responsible tenants, each unit with separate utilities – tenants pay own utilities, Three units have 4 spacious bedrooms, and one unit has 5 spacious bedrooms, each unit has its own laundry. Plenty of storage in basement, slate roof to last 100 years, each unit gets 4 off-street parking spots in private parking lot behind property AND plenty of on-street nonpermitted parking available, granite countertops, new flooring, new cabinets, and a camera security system. 2 NEW furnaces.The attic can be finished and converted into additional rooms. Capable of being converted to townhouses if desired..Easy access to Rt495, Rt3, and Rt93, and 1 mile away from commuter rail. Convenient to university. Buyer and Buyer’s agent to do own diligence, owner does not guarantee sq footage. Owner will consider seller financing. MUST SEE – this income property won’t last!

Property Details

Price:
$1,150,000
MLS #:
73385306
Status:
Active
Beds:
17
Baths:
4
Address:
36-42 London St
Type:
Multi Family
Subtype:
4 Family – 4 Units Side by Side
City:
Lowell
Listed Date:
Jun 4, 2025
State:
MA
Finished Sq Ft:
6,691
Total Sq Ft:
6,691
ZIP:
01852
Lot Size:
10,065 sqft / 0.23 acres (approx)
Year Built:
1900
Units:
4

Schools

Interior

Appliances
Range, Oven, Dishwasher, Microwave, E N E R G Y S T A R Qualified Refrigerator, E N E R G Y S T A R Qualified Dryer, E N E R G Y S T A R Qualified Washer
Bathrooms
4 Full Bathrooms
Cooling
Window Unit(s)
Flooring
Carpet, Laminate
Heating
Central, Forced Air, Natural Gas

Exterior

Community Features
Public Transportation, Shopping, Medical Facility, Laundromat, Highway Access, House of Worship, Public School, T- Station, University
Exterior Features
Rain Gutters
Parking Features
Paved Drive, Off Street, Paved
Parking Spots
20
Roof
Slate

Financial

Net Operating Income
$159,000
Tax Year
2025
Taxes
$9,700
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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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