2 Sutherland St - Apartments FOR SALE


Lowell, MA 01850- Centralville
$950,000 USD
978-692-3280
2 Sutherland St, Lowell, MA for Sale
$950,000 USD
Apartments - FOR SALE
1/6
null | Request Cap Rate

2 Sutherland St
Lowell, MA 01850
Centralville


OVERVIEW

Multifamily Gem with Big Upside!! Well-maintained 5-unit multifamily home featuring five spacious 1-bedroom, 1-bath apartments. Each unit offers a comfortable layout with living room, kitchen with dining area, bedroom, and bath. Property is clean, well-kept, and reflects pride of ownership. Off street parking for 6+ cars. Letter of Lead Compliance on file. Current rents are below market value, providing immediate upside potential for investors. This property’s turnkey condition minimizes upfront costs. Lowell’s rental market continues to show high demand, driven by its proximity to Boston, thriving local economy, and growing student population. Perfect for new and seasoned investors and/or owner occupied.

FOR SALE DETAILS

PRICE

$950,000 USD

PRICE/SF

$140 USD /SF

# OF UNITS

5

PRICE/UNIT

$190,000

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

4

YEAR BUILT

1920

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.09 AC

LAND SF

3,920 SF

ZONING

-

APN/PARCEL ID

LOWE-000172-003005-000277

ASK ABOUT THIS PROPERTY

Kelly EspinolaKeller Williams Realty Merrimack ValleyMore Info
978-692-3280

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Kelly EspinolaKeller Williams Realty Merrimack ValleyMore Info
978-692-3280

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.