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$979,900
Total Beds: 9 Total Baths: 5
Total Units: 4 SQFT: 4400
LOT size: 0.14 Acres
38 Chapel St
Lowell, MA 01852
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Property Description

Welcome to 38 and 36 Chapel Street, truly a one of a kind property that shows great pride of ownership. Sold as a package, this is a unique opportunity to purchase two well-maintained multi-family properties in the sought-after "Back Central" neighborhood of Lowell. Located in a very convenient area, with close proximity to Downtown, local restaurants, shops, and easy access to Route 495 & Route 3. Additionally, the MBTA commuter rail station is a just few blocks away. This property offers many features that were handcrafted by its owners of 50 plus years.Two homes on one lot, offering a combined total of four spacious units, with 9 Bedrooms. Great potential for ample income for investors or owner-occupants looking to build wealth and capitalize on a prime location. Plenty of parking and a beautiful yard that has been used as a garden with Fruit Trees, Grape Vines and Custom Pergola at Patio area, making this a great space to entertain. Listing agent related to seller.

Property Details

Building Information

  • Total Units: 4
  • Total Floors: 6
  • Total Bedrooms: 9
  • Total Full Baths: 5
  • Amenities: Highway Access, Laundromat, Medical Facility, Park, Public School, Public Transportation, Shopping, Tennis Court, T-Station, Walk/Jog Trails
  • Basement Features: Concrete Floor, Finished, Full, Interior Access, Other (See Remarks), Unfinished Basement, Walk Out
  • Common Rooms: Family Room, Kitchen, Living Room, Mudroom, Office/Den
  • Common Interior Features: Bathroom With Tub, Ceiling Fans, Pantry, Tile Floor
  • Common Appliances: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer, Washer / Dryer Combo, Washer Hookup
  • Common Heating: Electric, Extra Flue, Forced Air, Gas, Gas, Heat Pump, Hot Air Gravity, Hot Water Baseboard, Space Heater

Financial

  • APOD Available: No
  • Expenses Source: Not Available
  • Gross Operating Income: 14400
  • Net Operating Income: 14400

Utilities

  • Heat Zones: 5
  • Electric Info: 100 Amps, Circuit Breakers, Individually Metered, Other (See Remarks), Underground
  • Energy Features: Insulated Windows, Storm Doors
  • Utility Connections: for Electric Dryer, for Electric Oven, for Electric Range, for Gas Range, Icemaker Connection, Varies per Unit, Washer Hookup
  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

  • Under Lease: No
  • Floors: 1
  • Levels: 3

Unit 2 Description

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

Unit 3 Description

  • Included in Rent: Water
  • Floors: 1
  • Levels: 1

Unit 4 Description

  • Included in Rent: Water
  • Under Lease: Yes
  • Floors: 2
  • Levels: 1

Construction

  • Year Built: 1900
  • Type: 4 Family
  • Construction Type: Stone/Concrete
  • Foundation Info: Fieldstone
  • Roof Material: Aluminum, Asphalt/Fiberglass Shingles
  • Flooring Type: Laminate, Tile
  • Lead Paint: Unknown
  • Warranty: No

Other Information

  • MLS ID# 73364116
  • Last Updated: 04/28/25
  • Terms: Contract for Deed, Rent w/Option

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Map

Seller's Representative: Filomena Silva, REALTY NEW ENGLAND
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 2025-04-28 03:05:00