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$849,900
Total Beds: 9 Total Baths: 5
Total Units: 4 SQFT: 3778
LOT size: 0.14 Acres
36-38 Chapel St
Lowell, MA 01852
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Property Description

INVESTOR ALERT: Exciting opportunity awaits the seasoned Investor looking to add a package of properties to their current portfolio or to the Investor beginning their journey by creating a manageable portfolio in one purchase. These 2 properties may also be the perfect selection to create a "family-compound" for multi-generational living. Features ample, paved off street parking, green space, and move-in ready units. With some E-Z TLC noted. Situated in one of the city's historic neighborhoods, the location is best described as convenient. With proximity to major commuter routes (Routes 495 & 3) downtown shopping, restaurants, corner stores and the MBTA commuter station. Make the investment today!

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, Full, Interior Access, 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 Oven, for Electric Range, for Gas Dryer, 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
  • Under Lease: No
  • 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: Aluminum, Frame
  • Foundation Info: Fieldstone
  • Roof Material: Aluminum, Asphalt/Fiberglass Shingles
  • Flooring Type: Laminate, Tile
  • Lead Paint: Unknown
  • Year Round: Yes
  • Warranty: No

Other Information

  • MLS ID# 73378545
  • Last Updated: 05/22/25
  • Terms: Contract for Deed, Rent w/Option

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Map

Seller's Representative: Matt Milonopoulos, RE/MAX Innovative Properties
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 2025-05-22 10:07:00

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