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Adam Dow

| The Dow Group | #1 Real Estate Team in New Hampshire

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63-65 Sixth St , Lowell, MA 01850
$535,000
Est. Payment: $1,188.89/mo
6 Bed
2 Bath
3592 Sqft
Status: Under Agreement | Days on site: 52
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AN5290 - TM315454
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House Description

Excellent opportunity to own a two-family property in Lowell with strong upside potential for investors or owner-occupants alike. This long-term owned property offers solid bones and several important updates already completed, including updated heating systems, newer hot water tanks, updated electrical, some newer windows, and a metal roof with transferable lifetime warranty. One unit is currently tenant-occupied at $2,000/month on a month-to-month basis, providing immediate rental income, while the other unit offers the perfect opportunity for an owner occupant to live in one side and offset costs with rental income. Property is definitely in need of rehab, cosmetic updating, and sweat equity to bring it back to its full potential, but the value-add opportunity is clear. Driveway parking, separate living spaces, and convenient access to Lowell amenities make this a great long-term investment opportunity.

Highlights

Listed by Vision Realty Group , 617-800-9111 LAER Realty Partners , 844-687-5237.

Property Type

Multi-Family

Lot/Acreage
0.09

Year Built

1900

County

Middlesex

Listing ID

73523056

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:6
  • Bathrooms:2
  • Full Bathrooms:2
Water:Public

Exterior Features

Garage Capacity:2
Zoning:TTF
Sewer:Public Sewer
Parking Features:Paved Drive,Parking Spaces: 2
Principal Interest
$1,189
Taxes
$663

Home Price

$535,000

Loan Details

30 yrs
%

Down Payment

20%
$107,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$1,188.89

Principal

Taxes

Principal Taxes HOA Total
Monthly $1,188.89 $662.75 $0.00 $1,851.64
Yearly $14,266.67 $7,953.00 $0.00 $22,219.67
Total $428,000.00 $238,590.00 $0.00 $666,590.00

Today's Rates

30 Year

0%

20 Year

0%

15 Year

0%

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Market insight data is pulled from the same city as the listing being viewed (Lowell, MA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.