254 West Sixth Street, Lowell MA 01850
About this home
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
Sale Statistics
This property sold for 4.9% above the original asking price, indicating strong buyer demand.
With only 16 days on market, this was a quick sale compared to typical market conditions.
Facts & Features
Property Overview
Interior Features
Exterior & Structure
Lot & Land
Parking & Garage
Utilities & Systems
Community & HOA
Financial & Tax Information
Additional Details
Location
Neighborhood
Centralville
254 West Sixth Street, Lowell MA 01850
Lowell, MA 01850
Walkability
Schools
Monthly Payment Calculator
Payment Breakdown
Property History
Market Insights
Property Timeline
Sold
Jun 6, 2024Listed for Sale
Mar 28, 2024| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 06/06/2024 | ✓ Sold | $970,000 | - | - | Property sold |
| 03/28/2024 | 🏠 Listed for Sale | $925,000 | - | - | Original listing |