$850,000

712 School St, Lowell, MA 01851

  • 8 beds |
  • 4 baths |
  • 3,348 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1900
  • Property Lot Size Icon3,049sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $254/sqft
  • Property List Date Icon Listed 1 month ago

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.

Listing Status:
Active
Listing Office:
Winterspring Real Estate, LLC : 617-586-8430
Listing Agent:
Eric DiNicola : 617-858-9674
MLS ID:
73361238
  • General: Living RoomKitchen
  • Appliances: RangeRefrigerator
  • Basement: Full
  • Flooring: Vinyl
  • Heating: Baseboard
  • Fireplace: Fireplaces: 0

This listing courtesy of Eric DiNicola, Winterspring Real Estate, LLC

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

A

Abraham Lincoln

300 Chelmsford St, Lowell, MA, 01851

Grades PK-4

0.26 miles away

L

Laura Lee Therapeutic Day School

235 Powell St, Lowell, MA, 01851

Grades 4-8

0.34 miles away

T

The Career Academy

125 Smith St, Lowell, MA, 01851

Grades 9-12

0.23 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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