This is the investment opportunity you've been looking for! Ideally situated on a private road just a short walk to UMass Lowell and University Avenue, this home offers an excellent combination of location, flexibility, and income potential.This well-maintained three-family property is currently vacant and ready for immediate occupancy, making it an ideal opportunity for an investor seeking strong rental income and long-term upside.The first-floor unit features three generously sized bedrooms, high ceilings, a spacious dining area, full bathroom, and a stunning brand-new quartz kitchen with floor-to-ceiling designer white cabinetry. The second-floor unit offers a similar spacious three-bedroom layout, along with another brand-new kitchen and an enclosed porch featuring newer vinyl windows.The third floor offers a separate one-bedroom unit with an updated bathroom and kitchen area, plus a bonus living space that provides additional flexibility.The property has an established strong rental history and has benefited from numerous recent updates, including a newer roof, HVAC systems, hot water tanks, updated electrical, and new electrical panels. All three units are separately metered. Outside, the property features a large, level, fenced-in backyard, storage shed, and ample off-street parking for multiple vehicles.
Property Features
Heating Information
Natural Gas
Forced Air
Zoned
House Interior
Walk-In Closet(s)
Ceiling Fan(s)
Crown Molding
Basement
Full
Concrete
Unfinished
Parking
Paved
Off Street
Cooling Information
Ceiling Fan(s)
Water Features
Public
Fire Place
Gas
School Information
School Information for 125 Gershom Ave, Lowell, MA 01854