$739,000
47 Mount Vernon
Lowell, MA, 01854
Fantastic opportunity for an owner-occupant or investor! This spacious three-family home in a prime Lowell location is just minutes from downtown, , the Merrimack River, major highways, and walking distance to UMass Lowell. The first-floor unit is currently owner-occupied and will be delivered vacant at closing, offering flexibility for a new owner or rental potential. The second and third-floor units are occupied by long-term tenants (TAW) who wish to stay, providing immediate rental income. Rents are currently below market value, presenting great upside potential. Each unit has separate utilities, with the owner covering the water bill. The property also features a garage for extra storage and the ability to hold one car inside. The property includes two parking spots currently used by the owner, plus one designated street parking spot per unit. Group showings ONLY Thursday, April 3, from 5:30PM – 7:00PM, and Saturday, April 5, from 12:00PM – 2:00PM. SOLD AS-IS.
Property Details
Price:
$739,000
MLS #:
73353118
Status:
Active Under Contract
Beds:
6
Baths:
3.5
Address:
47 Mount Vernon
Type:
Multi Family
Subtype:
3 Family
City:
Lowell
Listed Date:
Apr 1, 2025
State:
MA
Finished Sq Ft:
3,497
Total Sq Ft:
3,497
ZIP:
01854
Lot Size:
3,920 sqft / 0.09 acres (approx)
Year Built:
1900
Units:
3
Schools
High School:
Lowell High
Interior
Appliances
Range, Refrigerator, Washer/ Dryer
Bathrooms
3 Full Bathrooms, 1 Half Bathroom
Cooling
None
Flooring
Wood, Tile, Laminate, Hardwood, Carpet
Heating
Baseboard, Hot Water
Exterior
Community Features
Public Transportation, Park
Construction Materials
Frame
Parking Features
Paved Drive
Parking Spots
3
Security Features
Security System
Financial
Tax Year
2024
Taxes
$7,110
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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Courtesy of eXp Realty. The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.
47 Mount Vernon
Lowell, MA
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