MLS® ID: 72494116

16 Walnut Street

Lowell, Massachusetts, 01852

$689,000 Contingent
  • 11 Beds
  • 5 Baths
  • 5148 SQFT
With Gross Annual Income of over $55,000 and a Cap Rate of 7%, this investment is safer with greater returns than the stock market. Located just off the Lowell Connector, this 5 Units property is fully rented with long term tenants who pay their own utilities. The property comes with Delead certificate. Sale includes a buildable lot at 15 Auburn St which being used as a parking lot for the rental property. Don't miss this investment opportunity in a fast growing City with Major Construction Project underway including a New Court House is being built, new Lord Overpass roadway redesign, Thorndike Street Widening, Thorndike Exchange - 165 Thorndike Street and Hamilton Canal Innovation District to name a few. Showing Begins at OPEN HOUSE, Sunday,June 9, 2019, 12 noon to 2 pm. OFFERS WILL BE ACCEPTED THEN
Read More

Listing courtesy of Global Realty Network, LLC

Amenities

  • Full baths
    5
  • Half baths
    0
  • Full Baths Range
    4+ Baths
  • Total Baths
    5
  • Zip
    01852
  • Office name
    Global Realty Network, LLC
  • SQFT
    5148
  • Bedrooms
    11
  • Property type
    Multi-family
  • Zoning type
    TTF
  • Year built
    1900
  • Sewer
    City/Town Sewer
  • Tax year
    2011
  • Agent name
    Paul-Ratha Yem
  • Tax amount
    $ 3660.0
  • Purchase Type
    Active
  • Price Range
    $600k-$700k
  • Square Feet Range
    5000-7000 sq ft.
  • Bedrooms Range
    11 Beds
  • Year Built Range
    1989 (and earlier)
  • Office ID
    15567
  • Agent ID
    456010427

Location

We use cookies to enhance your browsing experience and deliver our services. By continuing to visit this site, you agree to our use of cookies. More info