47 Mount Vernon new

Lowell,MA 01854

$ 739000

6 Beds

3.5 Baths

3497 SqFt


Key Details

Property Type Multi-Family

Sub Type 3 Family

Listing Status Active

Purchase Type For Sale

Square Footage 3,497 sqft

Price per Sqft $211

MLS Listing ID 73353118

Bedrooms 6

Full Baths 3

Half Baths 1

Year Built 1900

Annual Tax Amount $7,110

Tax Year 2024

Lot Size 3,920 Sqft

Property Sub-Type 3 Family

Property Description

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.

Location

State MA

County Middlesex

Zoning TMF

Interior

Heating Baseboard,Hot Water

Cooling None

Flooring Wood,Tile,Laminate,Hardwood,Carpet

Exterior

Garage Spaces 1.0

Community Features Public Transportation,Park

Utilities Available for Gas Range

Building

Story 6

Foundation Irregular

Sewer Public Sewer

Water Public

Schools

High Schools Lowell High

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