Lowell, MA 01851,712 School St
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$ 850,000
Est. payment | /mo

8 Beds

4 Baths

3,348 SqFt


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$ 850,000
Est. payment | /mo
Save

8 Beds

4 Baths

3,348 SqFt

Key Details

Property Type Multi-Family

Sub Type 4 Family

Listing Status Active

Purchase Type For Sale

Square Footage 3,348 sqft

Price per Sqft $253

MLS Listing ID 73361238

Bedrooms 8

Full Baths 4

Year Built 1900

Annual Tax Amount $6,863

Tax Year 2025

Lot Size 3,049 Sqft

Acres 0.07

Property Sub-Type 4 Family

Property Description

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.

Location

State MA

County Middlesex

Zoning USF

Direction Chelmsford St to Shaw St then left on School St

Rooms

Basement Full

Interior

Interior Features Living Room, Kitchen

Heating Baseboard

Flooring Vinyl

Appliance Range, Refrigerator

Exterior

Community Features Public Transportation, Laundromat

Utilities Available for Electric Range

Roof Type Rubber

Garage No

Building

Lot Description Corner Lot

Story 6

Foundation Stone

Sewer Public Sewer

Water Public

Others

Senior Community false

Listed by Winterspring Real Estate, LLC

GET MORE INFORMATION

agent
Josephine Cruz

Realtor | License ID: 9575610

+1(508) 944-5521

59 North Pearl St., Brockton, MA, 02301, United States

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712 School St