171 Powell St new Save Request In-Person Tour Request Virtual Tour
Lowell,MA 01851
Key Details
Property Type Multi-Family
Sub Type 4 Family
Listing Status Active
Purchase Type For Sale
Square Footage 3,353 sqft
Price per Sqft $223
MLS Listing ID 73334575
Full Baths 4
Year Built 1900
Annual Tax Amount $6,292
Tax Year 2024
Lot Size 3,920 Sqft
Property Sub-Type 4 Family
Property Description
Excellent investment or owner-occupied opportunity! This 4-unit property offers a strong Investor Cap Rate of 8.34%. Conveniently located near restaurants and shopping, within walking distance to a pharmacy, and offering easy access to highways. Just 1 mile from the Lowell MBTA station. 2 furnaces in cellar for 1st fl and 2 furnaces in the attic for 2nd fl. Includes 4 off-street parking spaces. Property has been managed by same Company for over 60 years. Low turnover, long term tenants. Some Section 8 Leases in place. Showings start with Open House on Tuesday, February 25th from 11AM-1PM.
Location
State MA
County Middlesex
Zoning TTF
Exterior
Community Features Public Transportation,Shopping,T-Station
Building
Lot Description Corner Lot
Story 6
Foundation Other
Sewer Public Sewer
Water Public
Schools
Elementary Schools Ab. Lincoln Ele
Middle Schools James S. Daley
High Schools Lowell High