High quality Centralville 5-unit (four residential & one commercial) just a couple of minutes from the Dracut line. All four residential units are currently occupied with a total monthly rent roll of $6,400.00. All units are separately metered and tenants are responsible for payment of own electric, heat, hot water and cooking. Commercial unit has been gutted out. The new owner can either renovate the commercial space or apply via the city to convert to residential. Owner makes no representations regarding its use,w/all permitting and potential future use of the commercial space the responsibility of the buyer. Two driveways, providing an ample amount of parking for the property. This is a well maintained property by active owner, therefore no deferred maintenance. All residential units are lead compliant w/certificates of deleading in hand. Location is on public transit and within a short distance of all area amenities. This is a quality property with a strong rental history
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Last Checked: May 7th, 2024 at 7:42am (Source: MLS PIN #73217277)
General Information for 254 West Sixth Street, Lowell MA 01850
Listing ID73217277
Property TypeCommercial Sale
Price$925,000
Style
CityLowell
CountyMiddlesex
MLS AreaCentralville
Neighborhood(s)
ZoningTMF
Year Built1910
Disclosures for 254 West Sixth Street, Lowell MA 01850
Lead Paint
UFFI
Living Area Includes Basement
Living Area Disclosure
Building Area Source
Special Listing Conditions
ExclusionsAll Appliances To Remain.
Buyer Agent Compensation2%
Facilitator CompensationN/A
Compensation Based On
Contact Information for 254 West Sixth Street, Lowell MA 01850