About This Home
This 11-bedroom, 3-bathroom residential multi family at 9 Bourne St in Lowell, MA is listed for $700,000 ($215 per sqft). Built in 1900, the home offers 3,253 sqft of living space on a 0.09 acres lot.
Key Features
- Built in 1900
- 0.09 acre lot
- 3 stories
Property Details
Discover an investment or owner-occupied opportunity at 9 Bourne Street in Lowell, MA. This three-family property offers strong income potential while retaining many of its historic architectural details. The property features three spacious units (currently 3 bedrooms each) and with a little work could have 4 bedrooms in each unit for a total of 12 bedrooms, providing flexible living arrangements for investors or owner occupants.
Original character remains throughout, including some hardwood floors, decorative woodwork, built in cabinetry and butler's pantries in the kitchens. The basement includes roughed in separate storage units for each apartment, offering additional storage space for tenants.
Individual laundry hookups are also available for each unit in the basement. Whether you are expanding your investment portfolio or looking to live in one unit while generating rental income from the others, this property offers a great opportunity. Property to be delivered vacant. Schedule your private showing to see everything 9-11 Bourne Street has to offer. Buyer to make any needed repairs if required by a lender.
Monthly Cost Estimate
$3,744/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
9 Bourne St
Lowell, MA 01852
Questions & Answers
This 11-bedroom, 3-bathroom residential multi family at 9 Bourne St is listed at $700,000 ($215/sqft). The estimated monthly payment is $3,744 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: Built in 1900, 0.09 acre lot, 3 stories.
This property is listed by Joshua Naughton and can be reached at (603) 434-4101.