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About this home
Located at 215 Mount Hope St in Lowell, MA, this multi-family property presents a prime investment opportunity. With two or more units, it offers versatile accommodation options. The property features a total of four bedrooms and three baths, providing comfortable living spaces. Its proximity to Umass Lowell enhances its appeal, attracting potential tenants from the university community. A notable advantage is that tenants are responsible for paying utilities, which can contribute to positive cash flow. Additionally, there is a garage available for rent, offering an additional income stream for the property owner. Through due diligence, including viewing and financial analysis, this might be the right investment for you. Overall, this property holds promise for investors seeking a profitable venture in the Lowell area. Group showing 5/1/24 at 1230pm
Sale Statistics
This property sold for 6.0% below the original asking price.
With only 26 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
215 Mount Hope St, Lowell MA 01854
Lowell, MA 01854
Walkability
Schools
School information not available
Monthly Payment Calculator
Payment Breakdown
Property History
Market Insights
Property Timeline
Sold
Jun 7, 2024Listed for Sale
Apr 18, 2024Date | Event | Price | Change | $/sqft | Details |
---|---|---|---|---|---|
06/07/2024 | ✓ Sold | $550,000 | - | - | Property sold |
04/18/2024 | 🏠 Listed for Sale | $585,000 | - | - | Original listing |