Lowell, MA 01854,215 Mount Hope St
Lowell, MA 01854,215 Mount Hope St
Lowell, MA 01854,215 Mount Hope St
$550,000
Est. payment /mo
$585,000
6.0%
Est.Price: ?

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4 Beds
3 Baths
2,951 SqFt
SOLD DATE : 06/07/2024

Key Details

Sold Price $550,000

Property Type Multi-Family

Sub Type Multi Family

Listing Status Sold

Purchase Type For Sale

Square Footage 2,951 sqft

Price per Sqft $186

MLS Listing ID 73226027

Sold Date 06/07/24

Bedrooms 4

Full Baths 3

Year Built 1910

Annual Tax Amount $5,917

Tax Year 2023

Lot Size 3,920 Sqft

Acres 0.09

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

Location

State MA

County Middlesex

Zoning TTF

Direction Riverside to Mount Hope

Rooms

Basement Full, Unfinished

Interior

Flooring Carpet, Hardwood

Basement Type Full,Unfinished

Exterior

Garage Spaces 1.0

Community Features Public Transportation

Roof Type Shingle

Total Parking Spaces 1

Garage Yes

Building

Lot Description Corner Lot

Story 3

Foundation Stone

Sewer Public Sewer

Water Public

Others

Senior Community false

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Listed by Crimson Real Estate Agency, LLC
Bought with Saurabh Calla • Fathom Realty MA

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agent

Ryan Askew

+1(508) 440-6100

Sales Associate | License ID: 9578345

Sales Associate License ID: 9578345

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