$875,000

55-59 White Street, LOWELL, LOWELL, MA 01854

0Beds

-Baths

-Sq Ft

1920Built

HomeType

About this home

Fantastic investment opportunity, especially for an investor with large/growing holdings requiring storage space or a contractor/business owner that will utilize both the plentiful parking and storage, as well as the income aspect of the residential units. Property consists of the following: 3-family, consisting of a studio, a one-bedroom and a two-bedroom, all with heat and hot water inc. At the back of the lot is a two-bedroom single-family home, with the tenant paying own gas and electric. 11 storage units, all cold storage, with electricity included in the rent: one double-unit in front, 3 single width storage units in front, 2 long and deep single storage units under rear 1-family and 5 medium size storage units w/door access (no overhead door/garage door) at the back side of the lot by the single-family. This makes for a total of 4 residential units and 11 storage units. Current rents are well under market