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Adam Dow

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

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716 Lawrence St. , Lowell, MA 01852
$629,900
Est. Payment: $1,399.78/mo
7 Bed
2 Bath
2585 Sqft
Status: Active | Days on site: 105
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AN4350 - B9500457
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House Description

INVESTOR'S DREAM - HIGH RENTS - $60,600 ANNUAL GROSS INCOME. This property brings in higher rents that more expensive 2 family properties. UNIT #1: 3 bedrooms, kitchen w/granite counters, livrm w/wood flooring and full bathroom.($2,400/MONTH). UNIT #2 - 4 bedrooms, kitchen w/granite counters, livrm w/wood flooring, full bath and pull down to attic space. There is also a back deck just for this unit ($2,650/MONTH. Unit #1 has lead Certificate of Maintained Compliance. Apartment Compliance Certs for both units from Lowell Inspectional Svs. This property offers vinyl siding, back yard and new owner can obtain a permit for 1 parking space. Additional parking on street. **Tenants would like to remain. Unit 1 lease ends October, 2026. Unit #2 lease ends February, 2027. Walk-out dirt basement great for storage. Great investment opportunity with ANNUAL GROSS RENTAL INCOME OF $60,600. Tenants would like to remain PHOTOS ARE PREVIOUS TO TENANTS OCCUPANCY *716 Lawrence St is the property with the green & red barrels in front" Put your touches on this multi-family with backyard and make it shine! All separate utilities other than water/sewer.

Highlights

Listed by Karen J. Dame , 978-502-3109 Century 21 North East , 978-635-3400.

Property Type

Multi-Family

Lot/Acreage
0.06

Year Built

1900

County

Middlesex

Listing ID

73530166

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:7
  • Bathrooms:2
  • Full Bathrooms:2
Appliances:Range, Microwave, Refrigerator
Floor:Wood,Laminate,Hardwood
Other:
  • Additional:Lead Certification Available, Stone/Granite/Solid Counters, Bathroom With Tub & Shower, Walk-Up Attic, Living Room, Kitchen
Water:Public

Exterior Features

Lot:Cleared,Gentle Sloping
Garage Capacity:0
Zoning:TMU
Roof:Shingle
Others:
  • Additional:Balcony/Deck, Rain Gutters
Sewer:Public Sewer
Parking Features:On Street
Principal Interest
$1,400
Taxes
$503

Home Price

$629,900

Loan Details

30 yrs
%

Down Payment

20%
$125,980
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:
$1,399.78

Principal

Taxes

Principal Taxes HOA Total
Monthly $1,399.78 $503.42 $0.00 $1,903.19
Yearly $16,797.33 $6,041.00 $0.00 $22,838.33
Total $503,920.00 $181,230.00 $0.00 $685,150.00

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.