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Adam Dow

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

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9 Bourne St , Lowell, MA 01852
$700,000
Est. Payment: $1,555.56/mo
11 Bed
3 Bath
3253 Sqft
Status: Under Agreement | Days on site: 24
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AN5830 - D0001895
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House Description

Discover an investment or owner-occupied opportunity at 9 Bourne Street in Lowell, MA. This three-family property offers strong income potential while retaining many of its historic architectural details. The property features three spacious units (currently 3 bedrooms each) and with a little work could have 4 bedrooms in each unit for a total of 12 bedrooms, providing flexible living arrangements for investors or owner occupants. Original character remains throughout, including some hardwood floors, decorative woodwork, built in cabinetry and butler's pantries in the kitchens. The basement includes roughed in separate storage units for each apartment, offering additional storage space for tenants. Individual laundry hookups are also available for each unit in the basement. Whether you are expanding your investment portfolio or looking to live in one unit while generating rental income from the others, this property offers a great opportunity. Property to be delivered vacant. Schedule your private showing to see everything 9-11 Bourne Street has to offer. Buyer to make any needed repairs if required by a lender.

Highlights

Listed by Raymond Boutin , 978-502-8352 RE/MAX Innovative Properties , 978-452-4432.

Property Type

Multi-Family

Lot/Acreage
0.09

Year Built

1900

County

Middlesex

Area

South Lowell

Listing ID

73555029

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:11
  • Bathrooms:3
  • Full Bathrooms:3
Floor:Wood,Vinyl,Carpet,Hardwood
Other:
  • Additional:Pantry, Storage, Bathroom With Tub & Shower, Living Room, Dining Room, Kitchen
Water:Public

Exterior Features

Lot:Level
Garage Capacity:0
Zoning:TTF
Roof:Tar/Gravel
Others:
  • Additional:Balcony/Deck
Sewer:Public Sewer
Principal Interest
$1,556
Taxes
$331

Home Price

$700,000

Loan Details

30 yrs
%

Down Payment

20%
$140,000
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:
$1,555.56

Principal

Taxes

Principal Taxes HOA Total
Monthly $1,555.56 $331.25 $0.00 $1,886.81
Yearly $18,666.67 $3,975.00 $0.00 $22,641.67
Total $560,000.00 $119,250.00 $0.00 $679,250.00

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.