Very well maintained building with stabilized rents and performing at a true 8% cap rate with room to improve. This turn-key investment property is bringing in over $112,000 in annual gross rents and is ready for the its next owner. Located in the Belvidere neighborhood of Lowell, this building is convenient to parks, public transit, highways and downtown Lowell. Featuring 4 - 1 bedroom / 1 bathroom units and 1 - 3 bedroom / 2 bathroom unit. All units have a nice, open, layout and have been updated with stone counter tops, luxury vinyl plank flooring, clean kitchens and bathrooms, and fresh paint. This building has an on-site coin operated washer / dryer for additional income, a high efficiency gas boiler, an indirect hot water tank, no onsite parking to worry about and a small, easy to maintain, backyard. Don't miss out on the best income producing multi family investment property on the market in Lowell today!

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Property Details of 317 Nesmith Street, Belvidere

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South Coast Office

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Property Details of 317 Nesmith Street, Belvidere

Property Details

Property Details

Building

Basic Information

Interior Features

Interior Features

Basement

Exterior Features

Exterior Features

Utilities and Appliances

Utilities and Appliances

Community

Amenities

Other Details

Finance

Map Location

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Hi there! How can we help you?

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South Coast Office