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RARE fully turnkey investment property with 6 fully de-leaded units with separated gas and electric utilities. With no driveway to plow in the winter or tenant utilities to pay for, operating expenses are manageable for this cash cow of a property. The property includes a list of recent updates including a newer roof, all new heating systems, updated plumbing, updated electrical, and a new sprinkler system installed in 2015. With 2 beds and 1 bath per unit, the property is poised for strong cash flow through stable and strong rents in these recently renovated units featuring updated bathrooms, kitchens, floors, and laundry hookups in the basement. This one is a strong buy and hold investment you won't want to miss!

More Info

Basic Information

  • Gross Income $97,800
  • Lot Features Level
  • Mls StatusNew

Tax Information

  • Tax Assessed Value $1,265,900
  • Tax Year 2026
  • Taxes$14,368

Parking

  • Open Parking YN Yes
  • Parking Features On Street
  • Parking Spaces

Rooms

  • Bathroom1
  • Bathrooms Total Decimal 1
  • Bedrooms12
  • Full Bath1

Basic Information

  • List Price$1,650,000
  • MLS Number73598237
  • Modification Date11/03/2026
  • Property SubType5+ Family - 5+ Units Up/Down

Location

  • Address14-16 2nd Street
  • Building Number14-16
  • CountyMiddlesex
  • NeighborhoodCentralville
  • StateMA
  • Street2ND Street
  • SubdivisionCentralville
  • TownLowell
  • Zip01850

Building

  • BasementFull, Concrete
  • Building Area Units Square Feet
  • Construction Materials Frame
  • FoundationStone
  • Levels 5
  • Rooms24
  • Stories5
  • Units6
  • Utilities For Gas Range, For Electric Dryer, Washer Hookup
  • Year Built1880
  • Year Built Details Approximate
  • Year Built Source Public Records

Property

  • Acreage0.09

Interior

  • Flooring Tile, Vinyl
  • Interior Features Living Room, Kitchen

Exterior

  • RoofShingle

Utilities

  • Sewer Public Sewer
  • Water Source Public

Property Information

  • Building Area Source Public Records
  • Living Area 5,400
  • Lot Size Square Feet 3,920
  • Lot Size Units Acres
  • Square Feet5,400

Amenities

  • Amenities
    • Highway Access
    • Laundromat
    • Park
    • Private School
    • Public School
    • Public Transportation
    • Shopping
    • T-Station
    • University
  • Other AmenitiesBasement

Other

  • Date Listed11/03/2026
  • Farm Land Area Units Square Feet

Map Location

Driving Directions

Listed by Brendan Conley of Keynova Group LLC

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