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161-165 Chapel Street

Lowell, MA 01852
  • $824,900
  • STATUS: Under Agreement
  • MLS #: 73160777
Pending
UPDATED: 68 min ago
$824,900
  • 9
    BEDS
  • 0.08
    ACRES
  • 3
    BATHS
  • 0
    1/2 BATHS
  • 6,861
    SQFT
  • $120
    $/SQFT
Type:
Multi-Family
Built:
1900
County:

School Information

Elementary School:
Middle School:
High School:
Listing courtesy of Sandra Bettencourt of Bettencourt Real Estate.

Description

FANTASTIC INVESTMENT OPPORTUNITY IN LOWELL!!! Charming oversized 3-family rowhouse on corner lot is perfect for an owner occupant, or as a standalone investment! Commuter friendly Back Central location, all 3 units have a spacious floor plan, fully-applianced kitchens & 3 bedrooms on 2nd level. Separate utilities, W/D hook-ups, and loads of storage room in separate basement spaces. Excellent expansion potential in unfinished 3rd floor walk-up attics, each unit featuring 4 extra sun-filled rooms. Great investment for rental income, condo conversion or smart owner occupant. Property may be developed into 3 separate condos (buyer to complete all due diligence, investigate any building permits, variances & other items required by city to develop). Metal roof, fenced-in, private backyards, perfect for summer gatherings, & those with kids/pets. Close to major routes (Rte. 3, I-495), commuter rail, downtown, shopping, restaurants, movie theater & parks. Short walk to area colleges. Must see!

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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. Data last updated 2024-02-21T12:04:30.347.
www.westcottproperties.com/homes/143515676
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161-165 Chapel Street Lowell, MA 01852

  • Price: $824,900
  • Status: Under Agreement
  • On Site: Days
  • Updated: 68 min ago
  • MLS #: 73160777
9
Beds
3
Baths
0
½ Baths
0.08
Acres
6,861
SQFT
$120
$/SQFT
1900
Built
County:
Middlesex
Elementary School:
Moody/Rogersst
Middle School:
Rogers Stem Aca
High School:
Lhs/Lowell Voc
Property Description
FANTASTIC INVESTMENT OPPORTUNITY IN LOWELL!!! Charming oversized 3-family rowhouse on corner lot is perfect for an owner occupant, or as a standalone investment! Commuter friendly Back Central location, all 3 units have a spacious floor plan, fully-applianced kitchens & 3 bedrooms on 2nd level. Separate utilities, W/D hook-ups, and loads of storage room in separate basement spaces. Excellent expansion potential in unfinished 3rd floor walk-up attics, each unit featuring 4 extra sun-filled rooms. Great investment for rental income, condo conversion or smart owner occupant. Property may be developed into 3 separate condos (buyer to complete all due diligence, investigate any building permits, variances & other items required by city to develop). Metal roof, fenced-in, private backyards, perfect for summer gatherings, & those with kids/pets. Close to major routes (Rte. 3, I-495), commuter rail, downtown, shopping, restaurants, movie theater & parks. Short walk to area colleges. Must see!
Exterior Features

Color OliveGreen Construction Materials Frame Covered Spaces 0 Exterior Features PatioFenced Yard Fencing Fenced/EnclosedFenced Frontage Length 65.00 Garage YN No Lot Features Corner LotLevel Open Parking YN Yes Parking Total 0 Patio And Porch Features Patio Road Frontage Type Public Road Responsibility Public Maintained Road Road Surface Type Paved Roof Metal Spa YN No Waterfront YN No

Interior Features

Appliances Utility Connections for Gas RangeUtility Connections for Electric RangeUtility Connections for Gas DryerUtility Connections Varies per Unit Basement FullInterior EntryConcreteUnfinished Building Area Total 6861 Cooling Unit 1(None)Unit 2(None) Cooling Units 0 Cooling YN No Cooling Zones 0 Door Features Storm Door(s) Fireplace YN No Fireplaces Total 0 Flooring WoodTileVinylCarpetBambooParquetUnit 1(undefined)Unit 2(Wood FlooringWall to Wall Carpet)Unit 3(Tile FloorWood Flooring) Foundation Details Stone Heat Units 3 Heat Zones 3 Heating Unit 1(Forced AirGas)Unit 2(Forced AirGas)Unit 3(Forced AirGas) Heating YN Yes Interior Features StorageUnit 1(Ceiling FansPantryStorageHigh Speed Internet HookupBathroom With Tub & ShowerProgrammable ThermostatInternet Available - Unknown)Unit 2(Ceiling FansStorageCrown MoldingWalk-In ClosetBathroom With Tub & Shower)Unit 3(Ceiling FansPantryStorageStone/Granite/Solid CountersHigh Speed Internet HookupWalk-In ClosetBathroom With Tub & ShowerProgrammable Thermostat)Unit 1 Rooms(Living RoomDining RoomKitchen)Unit 2 Rooms(Living RoomDining RoomKitchen)Unit 3 Rooms(L Laundry Features Washer HookupUnit 1(Washer HookupDryer Hookup) Lead Paint Unknown Rooms Total 15

Property Features

Buyer Agency Compensation 2.0 Community Features Public TransportationShoppingParkMedical FacilityLaundromatHighway AccessHouse of WorshipPrivate SchoolPublic SchoolT-StationUniversitySidewalks Contingency Pending P&S Disclosures Property being sold in "as is" condition. Units #2 & #3 will be delivered vacantunit #1 is TAW & well below market rents. Long term tenant in unit #1 would like to stay. Unit #2 dryer is non-functioningand will be removed prior to close. All other appliances to stay. Electric Circuit Breakers Exclusions Unit 1 Washer & Dryer In KitchenIs Tenant Owned. Green Energy Efficient ThermostatVaries per Unit Gross Income 13200 Home Warranty YN No Listing Terms Contract Net Operating Income 13200 Property Sub Type 3 Family - 3 Units Side by Side Rent Includes Unit 1(Water) Senior Community YN No Sewer Public Sewer Tax Annual Amount 10314 Tax Year 2023 Total Actual Rent 1100 Transaction Broker Compensation 0.0 Utilities for Gas Rangefor Electric Rangefor Gas DryerWasher HookupVaries per Unit Water Source PublicIndividual Meter Year Built Details Approximate Zoning TTF

Listing information © 2024 MLS Property Information Network. All information is deemed reliable but should be independently verified.
Listing provided courtesy of Sandra Bettencourt of Bettencourt Real Estate: 978-460-6060.


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. Data last updated 2024-02-21T12:04:30.347.
 
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Listing courtesy of Sandra Bettencourt of Bettencourt Real Estate.