716 Lawrence St.Lowell, MA 01852

Description

INVESTOR'S DREAM - HIGH RENTS - $60,600 ANNUAL GROSS INCOME. This property brings in higher rents that more expensive 2 family properties. UNIT #1: 3 bedrooms, kitchen w/granite counters, livrm w/wood flooring and full bathroom.($2,400/MONTH. MONTH TO MONTH LEASE). UNIT #2 - 4 bedrooms, kitchen w/granite counters, livrm w/wood flooring, full bath and pull down to attic space. There is also a back deck just for this unit ($2,650/MONTH - LEASE TO 2/1/2027). Unit #1 has lead Certificate of Maintained Compliance. This property offers vinyl siding & back yard. New owner can obtain a permit for 1 parking space. Additional parking on street. Unit 1 lease Month to Month Unit #2 lease ends February 1, 2027. Great investment opportunity with ANNUAL GROSS RENTAL INCOME OF $60,600. PHOTOS ARE PREVIOUS TO TENANTS OCCUPANCY *716 Lawrence St is the property with the green & red barrels in front" Put your touches on this multi-family with backyard and make it shine! All separate utilities other than water/sewer. **Street parking**

Property Information

Property type

Residential Income

Sub-type

Duplex

Year built

1900

Stories

2

Living area

2,585 Sq Ft

Lot size

0.06 acres

Zoning

TMU

Days on market

161

MLS^® Listing#

73530166

Property Features

Exterior

Rain Gutters · Balcony

Appliances

Range · Microwave · Refrigerator

Cooling

Multi Units

Heating

Central · Electric

Flooring

Wood · Laminate · Hardwood

Basement

Full · Walk-Out Access · Interior Entry · Dirt Floor

Parking

On Street

Patio

Deck

Lot features

Cleared · Gentle Sloping

Construction

Frame

Foundation

Stone

Roof

Shingle

Windows

Insulated Windows

Community

Park · Sidewalks

Sewer

Public Sewer

Water source

Public

Financial Details

Annual taxes

$6,041Tax year 2026

Assessed value

$556,100

Parcel number

4623339

Directions

GPS