221-223 Pine St Lowell, MA 01851

Listing details for 221-223 Pine St, Lowell, MA 01851 : Back on Market after being briefly withdrawn by sellers: The first 4-family residence available in the UPPER HIGHLANDS in years, this versatile property offers not only tremendous value for the savvy investor, but also a great opportunity for owner-occupied and/or multi-generational living. Architecturally striking with Victorian flair, this sprawling colonial features a wrap-around front porch, roof-top deck, dual driveways for 6 cars (plus more side-street parking), all sited on a pretty corner lot with lawn space and mature plantings. First floor comprises two spacious 1-BR units. The two upper 2-BR apartments are two-level, townhouse-style (a bonus large extra room with closet and windows in each unit could possibly be converted to a 3rd BR by simply installing doors- buyers and agents to do due diligence on feasibility/use). Beautiful hardwood floors in every unit (some wide pine too), plus lots of period details and decorative millwork throughout! Updates over the years include many newer appliances, cabinets and fixtures, modern replacement windows, low-maintenance vinyl siding, and new composite flooring on exterior porches, stairs and deck. Property is fully occupied with tenants-at-will, all rents well below market (investors, note the INCREDIBLE upside potential and returns!). Each unit is individually metered for gas and electric, with its own laundry hookups in basement. A commuter’s dream, with quick access to Rts. 495/3 and the Commuter Rail! DON’T MISS THIS ONE!!