INVESTORS...GREAT INCOME and LOCATION, DE-LEADED Certified, 3-Family with a potential Gross Cap Rate of 10% located in Centralville. Property has 8 bedrooms and 3 baths, 2-3 bedroom units with FHW and gas heat and 1-2 bedroom unit with electric heat. The 2 bedroom is unoccupied and the other two are month to month on the CTI Housing program. There is also a vacant deeded lot behind the house. Updates include kitchens, bathrooms, plank and commercial grade flooring, vinyl siding and windows. The property sits amongst single family homes, is in a pretty area, convenient and walkable to Downtown Lowell, groceries, restaurants, festivals and across from a church with it's own parking, leaving plenty of on-street parking. Open House is Saturday, 3/21, 11-1:00. Offer deadline: Monday, 3/23, @ noon.
Property Features
Heating Information
Natural Gas
Baseboard
Electric
Parking
Off Street
Tandem
Paved
Basement
Full
Interior Entry
Concrete
Water Features
Public
School Information
School Information for 202 Coburn Street, Lowell, MA 01852
Elementary School
Greenhalge Elementary School
Middle School
Henry J Robinson Middle School
High School
Lowell High School
Listing Courtesy: Gibson Sotheby's International Realty - 774-202-7603