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NEW
1
$1,725,000
Total Beds: 12 Total Baths: 8
Total Units: 5 SQFT: 6000
LOT size: 0.36 Acres
18-22 Burgess St
Lowell, MA 01851
View Map

Property Description

Spectacular 5-unit investment consisting of 2 Separate buildings a newer 3-family built in 2019 and a Duplex in very good condition. There is also 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 2019 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. This is truly a Turnkey investment with room for higher rents. Currently No Leases all units TAW.

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: Concrete Floor, Full
  • Common Interior Features: Tile Floor
  • Common Appliances: Dishwasher, Microwave, Range, Refrigerator
  • Common Heating: Active Solar, Central Heat, Electric, Electric Baseboard, Extra Flue, Forced Air, Gas, Heat Pump, Hot Water Radiators, Oil
  • Common Cooling: Central Air

Financial

  • APOD Available: Yes
  • Expenses Source: Tax Return
  • Gross Operating Income: 154200
  • Gross Expenses: 9800
  • Electric Expenses: 400
  • Water/Sewer: 3650
  • INSC: 4600
  • Repairs & Maintenance: 1150
  • Net Operating Income: 144400

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: No

Construction

  • Year Built: 2018
  • Type: 5-9 Family
  • Construction Type: Aluminum, Frame
  • Foundation Info: Fieldstone, Poured Concrete
  • Roof Material: Aluminum, Asphalt/Fiberglass Shingles, Shingle, Slate
  • Flooring Type: Tile, Vinyl
  • Lead Paint: Unknown
  • Warranty: No

Other Information

  • MLS ID# 73528698
  • Last Updated: 06/04/26

Mortgage Calculator

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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 2026-06-04 10:06:00