Multi-Family for Sale: 115 Salem St, Lowell, MA 01854

17 beds
8 full baths
7,038 sqft
$1,799,000
$1,799,000
115 Salem St, Lowell, MA 01854
17 beds
8 full baths
7,038 sqft
$1,799,000
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Price:
$1,799,000

Type Multi-Family
Beds 17
Total Baths 8 full baths
Square Feet 7,038 sqft
Lot Size 0.09 acres
Year Built 1900

City Lowell
County Middlesex

MLS 73304464
Status Active Under Contract
DOM 33 days
Here’s an incredible opportunity to purchase a well-maintained 8-unit building located near UML's East Campus. This property features seven 2-bedroom units and one 3-bedroom unit, all currently occupied with tenants at will. The building underwent a comprehensive gut renovation in 2010, during which all utilities were updated. This extensive renovation included the replacement of plumbing, electrical systems, insulation, roofing, siding, windows, kitchens, bathrooms, and more, ensuring a modern and efficient living environment. Additionally, the owner installed fire alarm and sprinkler systems throughout the building for enhanced safety. Tenants are responsible for their own utilities and enjoy convenient on-site laundry services with access to two washers and two dryers. With its prime location, under market rents and extensive upgrades, this building is a fantastic investment opportunity for all types of buyers.

Lot & Building Features

Appliances Freezer, Refrigerator, Range, Microwave
Construction Frame
Heating Electric, Unit Control
Sewer Public Sewer
Tax Year 2024
Taxes Paid $10,041
Water Public
Foundation Block
Interior Features Bathroom With Tub, Upgraded Countertops, Upgraded Cabinets, Living RM/Dining RM Combo, Lead Certification Available, Kitchen, Ceiling Fan(s)
Roof Rubber
Full Baths 8
Parking Off Street, Paved Drive, Paved, On Street
Total Rooms 35
Garage Spaces 0

Price History of 115 Salem St, Lowell, MA

Date Name Price Difference
10/21/2024 Listing Price $1,799,000 N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.

Map of 115 Salem St, Lowell, MA

Location Map Street View
Photo of Jill Colby Re
Direct: 603-686-2269
Office
PO Box 101
Merrimack, NH 03054
603-787-3155
Listed by J. Borstell Real Estate, Inc., Jack Mantville
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6.75%
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Monthly HOA
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115 Salem St (MLS #73304464) is a multi-family listing located in Lowell, MA. This multi-family listing is 7,038 sqft and on a lot of 3,920 sqft (or 0.09 acres) with 17 bedrooms, 8 baths and is 124 years old. This property was listed on 10/21/2024 and has been priced for sale at $1,799,000.

Nearby zip codes are 01824, 01826, 01850, 01851 and 01852. This property neighbors other cities such as Chelmsford, Dracut, Merrimac, Tewksbury and Tyngsborough.

MLS PIN

Listing Last updated . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Walk Score map and data provided by Walk Score. Google map provided by Google. Bing map provided by Microsoft Corporation.

All information provided is deemed reliable but is not guaranteed and should be independently verified.

Listing information courtesy of: J. Borstell Real Estate, Inc.

The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.