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$1,899,000
Total Beds: 12 Total Baths: 8
Total Units: 5 SQFT: 6000
LOT size: 0.36 Acres
18-22 Burgess St
Lowell, MA 01851
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Property Description

2 Buildings a 3 family a Duplex and 1 Garage ALL on one lot!! Spectacular Multi-Unit investment consisting of 2 Separate buildings and a Brick 2- Stall garage with lots of parking , green space and 5 fully rented units that are producing some nice profits with room to produce more. The centerpiece of this investment property is a Newer style 3- family built in 2010 with large units 2 bedrooms each Open Concept Kitchen central Gas heat and central AC each unit. The Duplex is an older well maintained home with 3 bedrooms each all separate utilities and plenty of parking. The 2 Stall garage is a good sized brick building with plenty of storage space. There is plenty of off street parking. This is truly a Turn Key venture. Sellers will entertain reasonable offers.

Property Details

Building Information

  • Total Units: 5
  • Total Floors: 5
  • Total Bedrooms: 12
  • Total Full Baths: 5
  • Total Half Baths: 3
  • Amenities: Public Transportation
  • Basement Features: Full

Financial

  • APOD Available: Yes
  • Expenses Source: Tax Return
  • Gross Operating Income: 139200
  • Gross Expenses: 8725
  • Electric Expenses: 400
  • Water/Sewer: 2975
  • INSC: 4200
  • Repairs & Maintenance: 1150
  • Net Operating Income: 130475

Utilities

  • Electric Info: 100 Amps, 200 Amps, Circuit Breakers, Other (See Remarks), Underground
  • Energy Features: Insulated Windows
  • Utility Connections: for Gas Range
  • 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

Unit 4 Description

  • Under Lease: Yes

Construction

  • Year Built: 2010
  • Type: 5-9 Family
  • Foundation Info: Fieldstone, Poured Concrete
  • Flooring Type: Vinyl
  • Lead Paint: Unknown
  • Warranty: No

Other Information

  • MLS ID# 73460200
  • Last Updated: 12/05/25

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Map

Seller's Representative: Robert V. Ciccarelli, Ciccarelli Homes
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 2025-12-05 12:52:00