Belvedere 3 family! Great for an owner occupancy or strictly an income property. First floor is vacant and renovated with 2 bedrooms and interior basement access. Both 2nd floor units are occupied by long term tenants (TAW), 1 with 3 bedrooms the other , 1 bedroom. All 3 units have separate utilities. Ample off-street parking. Close to major highways, hospitals, schools, public transportation, downtown, shopping, dining and nightlife.
Outstanding investment opportunity with a strong 7.9% cap rate. Ideal for a 1031 exchange and qualifies for flipping. This front-and-back duplex features a small private yard and two on-street parking spaces. Located in Lower Belvedere, the property offers convenient access to downtown shopping, highways, and Shed Park. The front unit is brick frame, while the rear unit is wood frame construction. Property is being sold "as is, where is. " Two paying tenants are currently in place and are willing to stay for an investor.
LOWEST PRICED CONDO IN LOWELL!! Investors/contractors take note. .make this your next investment project! A quick rehab and you will be renting this unit out in no time. Low maintenance building (professionally managed, elec baseboard heat), just rehab it find a tenant and collect rent. Laundry hookups in the unit. Close to public transportation, shopping, hospitals and public jogging/walking trails. Easy to show!