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You are here:
Home Massachusetts Lowell Multi-Family Homes for Sale

215 Mount Hope St Lowell, MA 01854
14 Days on Boston Pads
15 Photos
$585,000
2 Unit
4 Beds
3 Baths
2951 SQFT
0.09 Acre
215 Mount Hope St
Lowell, MA 01854
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Property Description

Located at 215 Mount Hope St in Lowell, MA, this multi-family property presents a prime investment opportunity. With two or more units, it offers versatile accommodation options. The property features a total of four bedrooms and three baths, providing comfortable living spaces. Its proximity to Umass Lowell enhances its appeal, attracting potential tenants from the university community. A notable advantage is that tenants are responsible for paying utilities, which can contribute to positive cash flow. Additionally, there is a garage available for rent, offering an additional income stream for the property owner. Through due diligence, including viewing and financial analysis, this might be the right investment for you. Overall, this property holds promise for investors seeking a profitable venture in the Lowell area. Group showing 5/1/24 at 1230pm
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Property Overview

Property Details click or tap to expand

Building Information

  • Total Units: 2
  • Total Floors: 3
  • Total Bedrooms: 4
  • Total Full Baths: 3
  • Amenities: Public Transportation
  • Basement Features: Full, Unfinished Basement

Financial

  • APOD Available: Yes
  • Expenses Source: Other (See Remarks)
  • Gross Operating Income: 48000
  • Net Operating Income: 48000

Utilities

  • Electric Info: 110 Volts, On-Site
  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

  • Under Lease: No
  • Floors: 1
  • Levels: 1

Unit 2 Description

  • Under Lease: No
  • Floors: 2
  • Levels: 1

Unit 3 Description

  • Under Lease: No

Unit 4 Description

  • Under Lease: No

Construction

  • Year Built: 1910
  • Construction Type: Aluminum, Frame
  • Foundation Info: Fieldstone
  • Roof Material: Aluminum, Asphalt/Fiberglass Shingles
  • Flooring Type: Hardwood, Wall to Wall Carpet
  • Lead Paint: Unknown
  • Warranty: No

Other Information

  • MLS ID# 73226027
  • Last Updated: 04/30/24

Property History click or tap to expand

Date Event Price Price/Sq Ft Source
04/22/2024Active$585,000$198MLSPIN
04/18/2024New$585,000$198MLSPIN

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Seller's Representative: Nancy Antonopoulos, Crimson Real Estate Agency, LLC
Sub Agent Compensation: n/a
Buyer Agent Compensation: 2
Facilitator Compensation: 2
Compensation Based On: Net Sale Price
Sub-Agency Relationship Offered: No

© 2024 MLS Property Information Network, Inc.. All rights reserved.

The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.

MLS PIN data last updated at 2024-04-30 17:29:00

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