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$685,900
Total Beds: 6 Total Baths: 3
Total Units: 3 SQFT: 2723
LOT size: 0.09 Acres
321-323 Lawrence St
Lowell, MA 01852
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Property Description

Owner occupied and investors take note! This 3-family property in Lowell's Back Central neighborhood is a fantastic opportunity. With long-term, at-will tenants in place and below-market rents, there's great potential for future value appreciation. A brand-new roof (January 2025) was just installed, separate utilities per unit, and common use front patio. The property also features off-street parking for 4 cars, a backyard, with a prime location near local amenities, highways, and the commuter rail. Don't miss out on this promising investment! Showings start at open house.

Property Details

Building Information

  • Total Units: 3
  • Total Floors: 6
  • Total Bedrooms: 6
  • Total Full Baths: 3
  • Amenities: House of Worship, Laundromat, Medical Facility, Park, Public School, Public Transportation, University
  • Basement Features: Concrete Floor, Partial, Sump Pump, Unfinished Basement, Walk Out
  • Common Interior Features: Tile Floor

Financial

  • APOD Available: No
  • Expenses Source: Not Available
  • Gross Operating Income: 60000
  • Net Operating Income: 79200

Utilities

  • Electric Info: Circuit Breakers, Individually Metered, Underground, Varies per Unit
  • Energy Features: Insulated Doors, Insulated Windows
  • Utility Connections: for Gas Range, Varies per Unit
  • 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
  • Floors: 3
  • Levels: 1

Construction

  • Year Built: 1900
  • Type: 3 Family
  • Construction Type: Aluminum, Frame
  • Foundation Info: Fieldstone, Irregular
  • Roof Material: Aluminum, Asphalt/Fiberglass Shingles
  • Flooring Type: Tile, Vinyl / VCT, Wall to Wall Carpet
  • Lead Paint: Unknown
  • Year Round: Yes
  • Warranty: No

Other Information

  • MLS ID# 73333176
  • Last Updated: 02/13/25
  • Terms: Contract for Deed, Rent w/Option

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Map

Seller's Representative: Giselle Pajazetovic, Pajazetovic & Company
Sub Agent Compensation: n/a
Buyer Agent Compensation: n/a
Facilitator Compensation: n/a
Compensation Based On: n/a
Sub-Agency Relationship Offered: No

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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 2025-02-13 14:14:00

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