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317 Nesmith St.
Lowell, MA 01852

$995,000

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Listing Details

  • $995,000
  • MLS# 73484860
  • Type Multi Unit - Multiple
  • Status Active
  • 7
    Bedrooms
  • 6 full
    Bathrooms
  • 3,131
    Square Feet
  • 0.060 acres
    Lot Size
  • 1920
    Year Built

Listed By

Agency Name: Compass
Agent Name: Nick Cowden
Agency Phone: 781-534-9229

Shown By

Agency Title: Donahue Real Estate Co.
Agency Phone: 781-251-0080

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Home Value Estimate


Description

Very well maintained building with stabilized rents and performing at a true 8% cap rate with room to improve. This turn-key investment property is bringing in over $112,000 in annual gross rents and is ready for the its next owner. Located in the Belvidere neighborhood of Lowell, this building is convenient to parks, public transit, highways and downtown Lowell. Featuring 4 - 1 bedroom / 1 bathroom units and 1 - 3 bedroom / 2 bathroom unit. All units have a nice, open, layout and have been updated with stone counter tops, luxury vinyl plank flooring, clean kitchens and bathrooms, and fresh paint. This building has an on-site coin operated...read more

Features

  • 5.0 Stories
  • $8,348 Taxes
  • Public
  • Built in 1920

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