16-18 WALNUT STREET

LOWELL, MAView Map

Asking Price: $689,000

  For Sale By Agent  Exclusive!

5,148 ft² • 11 Bedrooms • 5 Bathrooms

With Gross Annual Income of over $55,000 and a Cap Rate of 7%, this investment is safer with greater returns than the stock market. Located just off the Lowell Connector, this 5 Units property is fully rented with long term tenants who pay their own utilities. The property comes with Delead certificate. Sale includes a buildable lot at 15 Auburn St which being used as a parking lot for the rental property. Don't miss this investment opportunity in a fast growing City with Major Construction Project underway including a New Court House is being built, new Lord Overpass roadway redesign, Thorndike Street Widening, Thorndike Exchange - 165 Thorndike Street and Hamilton Canal Innovation District to name a few. Showing Begins at OPEN HOUSE, Sunday, May 26, 2019, 11 am to 3 pm. OFFERS WILL BE ACCEPTED THEN


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