Wholesale Deal in Lowell, MA! Sold

  • $285,000
  • 4 beds
  • 2 baths
  • 2430 sqft

Not enough deals out there? Not enough spreads? Look no further! Check out this awesome 2 family with the potential to add a third unit in the walk-out basement! with over 115k+ in starting equity, this one is a NO-BRAINER for a flip or buy and hold. 2-3 off-street parking. 

Both units are in good shape just needs a little TLC (Tender, Love, and Care), One unit is vacant the other is moving out as you read this.
This 2 family comes with a solid two off-street parking. Both units come fully equipped with appliances and a concrete patio recently installed.
The roof is about 20yrs old, electric heat and gas heat in both units, separate utilities.
New updates include carpet, paint, flooring, electrical, some new windows, new cement patio done in summer of 2020.

The basement was going to be converted to an apartment at one point but the owner decided not to move forward.

If you decide to buy and hold, here are the numbers: Current market rents for a 2 bed are roughly $1,620/M x 2 = $3,240. 

**If you finish the basement, you can add a third unit with one bed that rents for 1,300/M. That’s a total of $4,540!

For the property address contact Anwar @ (978) 513-8051 or email Deals@masswholesalehomes.com

***Group showing will be announced. if you would like to get this property under contract prior to the showing, you can download the contract below and email it back to us. Otherwise, look out for the next email for the group showing details. 

Contact Anwar at (978) 513-8051 or email Deals@masswholesalehomes.com if you would like to put this property under agreement.

***Signed contract only becomes binding when the deposit is submitted at our physical office or we can arrange a time to meet somewhere else.

Lowell, MA 01850
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Call (978) 513-8051 for more details