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RARE OPPORTUNITY to own a well-maintained four-family offering exceptional potential for both owner-occupants and investors alike! Whether you're looking to offset your mortgage by living in one unit while collecting rental income or expand your investment portfolio, this property checks all the boxes. One of the two-bedroom units will be delivered vacant at closing, providing immediate flexibility for an owner-occupant or the opportunity to lease at market rent.The building consists of two 2-bedroom units and two 1-bedroom units, with three units currently occupied and one vacant. The existing tenancy provides immediate income, while the vacant unit and future lease turnovers offer excellent value-add potential.The property has been thoughtfully maintained and features updated interiors throughout, allowing the next owner to step into a solid investment without the need for major renovations. Each unit is separately metered for gas and electric and serviced by its own gas boiler, with four separate gas meters, four separate electric meters, and four separate water heaters (recently replaced)-helping reduce owner expenses and simplify property management.Ideally located just minutes from downtown Lowell, major highways, shopping, restaurants, public transportation, parks, and local universities, this property offers outstanding convenience and strong long-term rental appeal.Whether you're an investor seeking a quality income-producing asset or a buyer looking to build wealth through owner occupancy, opportunities like this are becoming increasingly rare. Don't miss your chance to own a well-maintained four-family with separate utilities, a vacant unit ready for immediate occupancy or lease-up, and tremendous long-term investment potential. Schedule your private showing today!
More Info
Basic Information
- Gross Income $77,400
- Lot Features Zero Lot Line
- Mls StatusNew
- Parcel Number LOWE M:141 B:2705 L:106
- Rent Includes Unit 1(Water), Unit 2(Water), Unit 3(Water), Unit 4(Water)
Tax Information
- Tax Assessed Value $532,600
- Tax Year 2025
- Taxes$3,500
School Information
- High School Lowell High School
Parking
- Open Parking YN Yes
- Parking Spaces
Rooms
- Bathroom4
- Bathrooms Total Decimal 4
- Bedrooms6
- Full Bath4
Basic Information
- List Price$799,900
- MLS Number73559249
- Modification Date08/05/2026
- Property SubType4 Family
Location
- Address106-108 Grand Street
- Building Number106-108
- CountyMiddlesex
- StateMA
- StreetGrand Street
- TownLowell
- Zip01851
Building
- BasementFull, Walk-Out Access, Unfinished
- Building Area Units Square Feet
- Construction Materials Frame
- FoundationStone
- Levels 4
- Patio And Porch Features Deck - Wood
- Rooms16
- Stories4
- Units4
- Utilities For Gas Range
- Window Features Storm Window(s)
- Year Built1900
- Year Built Details Approximate
- Year Built Source Public Records
Property
- Acreage0.05
Interior
- Flooring Hardwood
- Interior Features Kitchen, Family Room
Exterior
- RoofRubber
Utilities
- Cooling Window Unit(s)
- Cooling YN Yes
- Electric 100 Amp Service
- Heat SystemYes
- Heating Baseboard
- Sewer Public Sewer
- Water Source Public
Property Information
- Building Area Source Public Records
- Living Area 2,448
- Lot Size Square Feet 2,178
- Lot Size Units Acres
- Square Feet2,448
Amenities
- Amenities
- Highway Access
- House of Worship
- Laundromat
- Medical Facility
- Park
- Private School
- Public School
- Public Transportation
- Shopping
- University
- Walk/Jog Trails
- Appliances IncludedRange, ENERGY STAR Qualified Refrigerator
- Other AmenitiesBasement
Legal
- ZoningTTF
Other
- Date Listed08/05/2026
- Farm Land Area Units Square Feet
Map Location
Listed by Jacob Giuffrida of eXp Realty LLC - Corporate Office
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