$850,000
712 School St
Lowell, MA, 01851
Great corner lot with plenty of on street parking and a rare driveway. Property recently appraised in April 2025 as is for $866,000. Many recent updates within past few years including renovated units, Navien on demand heating systems as well as new electrical throughout. Three units are rented with two high rents but still slightly below market value and one significantly below market value and one vacant unit that needs some light renovations. This building is ready for an investor to come in, reap the rewards of the rented units, while gaining additional upside by increasing the rent on the below market unit and renovating and renting the vacant unit. Easy access to the Lowell Connector and walking distance to public transportation for the tenants. Don’t miss your chance to buy an all around solid building that will generate great returns and always have a high tenant demand.
Property Details
Price:
$850,000
MLS #:
73361238
Status:
Active
Beds:
8
Baths:
4
Address:
712 School St
Type:
Multi Family
Subtype:
4 Family
City:
Lowell
Listed Date:
Apr 17, 2025
State:
MA
Finished Sq Ft:
3,348
Total Sq Ft:
3,348
ZIP:
01851
Lot Size:
3,049 sqft / 0.07 acres (approx)
Year Built:
1900
Units:
4
Schools
Interior
Appliances
Range, Refrigerator
Bathrooms
4 Full Bathrooms
Flooring
Vinyl
Heating
Baseboard
Exterior
Community Features
Public Transportation, Laundromat
Construction Materials
Frame
Roof
Rubber
Financial
Tax Year
2025
Taxes
$6,863
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 Winterspring Real Estate, LLC. 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.
712 School St
Lowell, MA
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