This is a excellent opportunity for the right investor. This 9 unit property is split between 2 buildings (one lot). There are (6) One bedroom units and (3) three bedroom units and they bring in close to 90k gross annual income. Local rental comps indicate current rents are below market. 10.17% cap rate and 14.87% ROI. All tenants pay own utilities and are TAW. Newer gas boilers and hot water tanks are just a few of the many updates done in 2005. Off street parking for 15 and a central location minutes to U-Mass Lowell campus.
For more information see our information pack by clicking the link below or by calling 617-297-8641. https://docs.google.com/open?id=0Bxs7bwzc2QLTZlJCS0ZMNDFzRUE