Great opportunity to own a key piece of property right on the corner of University Ave & Gershom Ave. Two buildings on one deed, totaling 6 x 4 bedroom units, all with a similar layout. Four units are 4 bdrm/1 bath and two units are 4 bdrm/2 baths. All units are separately metered with tenants being responsible for payment of own electric, heat, hot water and cooking gas. Parking is on street by residential sticker. Laundromat is two doors over. Expansion potential on top level in each building, but one would need to go through the proper city planning and permitting procedures to pursue this option. This a well maintained property by an active owner, with a strong rental history and potential to increase rents. One unit is vacant and unit rent is estimated.
Property Features
Water Features
Public
Parking
On Street
Basement
Unfinished
School Information
School Information for 130 University Avenue, Lowell, MA 01854