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$999,000
Total Beds: 6 Total Baths: 5
Total Units: 3 SQFT: 4593
LOT size: 0.10 Acres
23 West 5th Street
Lowell, MA 01850
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Property Description

Exceptional Opportunity! This fully remodeled multi-family in prime Centerville location offers luxury-level construction with a 4th unit awaiting variance approval by the end of April 2025. Featuring two 2-bed units (one with 2 full baths) and two 1-bed 1 Bath units, this property boasts brand-new kitchens with sparkling quartz countertops, modern bathrooms, recessed lighting, plastered ceilings beaming luxury, updated electrical & plumbing, new HVAC & heat pumps, vinyl siding, new windows, and pristine flooring. With nothing left to do, live in one unit while generating income or maximize returns. Ideal for investors or owner-occupants. Plenty of off-street parking! A true GEM—don’t miss out! Schedule your showing today!

Property Details

Building Information

  • Total Units: 3
  • Total Floors: 6
  • Total Bedrooms: 6
  • Total Full Baths: 5
  • Basement Features: Partial, Partially Finished, Unfinished Basement
  • Common Rooms: Family Room, Kitchen, Living RM/Dining RM Combo, Living Room
  • Common Interior Features: Bathroom with Shower Stall, Tile Floor, Upgraded Cabinets, Upgraded Countertops
  • Common Appliances: Dishwasher, Microwave, Range, Refrigerator
  • Common Heating: Central Heat, Common, Electric, Extra Flue, Gas, Heat Pump, Heat Pump, Steam
  • Common Cooling: Central Air, Heat Pump

Financial

  • APOD Available: No
  • Gross Operating Income: 27000
  • Net Operating Income: 27000

Utilities

  • Heat Zones: 4
  • Cooling Zones: 4
  • 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: 1
  • Levels: 2

Unit 3 Description

  • Under Lease: Yes
  • Floors: 3
  • Levels: 1

Unit 4 Description

  • Floors: 1
  • Levels: 2

Construction

  • Year Built: 1900
  • Type: 3 Family - 3 Units Up/Down
  • Construction Type: Aluminum, Frame
  • Foundation Info: Fieldstone
  • Roof Material: Aluminum, Asphalt/Fiberglass Shingles
  • Flooring Type: Hardwood, Tile
  • Lead Paint: Unknown
  • Year Round: Yes
  • Warranty: No

Other Information

  • MLS ID# 73354179
  • Last Updated: 04/03/25

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Map

Seller's Representative: Suraj Tamrakar, GR8 Real Estate LLC
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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MLS PIN data last updated at 2025-04-03 21:05:00