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97-99 Lowell St Methuen, MA 01844

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For Sale
$975,000

Updated three-family property near The Loop and New Hampshire.

Lot size:
0.11 Acres

Property Features for 97-99 Lowell St

General Information

Lot size
0.11 Acres

Building Details

Year built
1900

Source: ERA Key Realty Services Agent Lynne Marshall

Displayed information is deemed reliable but is not guaranteed and should be independently verified.


Overview

Well-Maintained Three-Family Property

This well-maintained three-family property presents an opportunity to collect rent. The property features spacious apartments with numerous updates throughout. Each unit includes an updated kitchen and bath, with flooring consisting of laminate, hardwood, and ceramic tile. Property improvements include a new roof installed in 2017, new vinyl siding installed in 2023, and a new hot water heater installed in 2024. Each unit is separately metered for gas and electricity. Laundry for Unit 1 is located in the basement, while Units 2 and 3 have laundry conveniently located inside each unit. The property is ideally situated near The Loop and tax-free New Hampshire, providing convenient access to shopping, dining, and major highways. It is located an eight minute walk to downtown Methuen and has long-term tenants.
Location Intelligence

Current Use by Public Records

Triplexes

Suggested Use

Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Gym & Fitness

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Methuen
County
Essex
State
Massachusetts
Longitude
-71.1949868
Latitude
42.7218832

FAQs

What type of property is this?
Triplex - Updated three-family property near The Loop and New Hampshire.
Where is this triplex located?
The property is located at 97-99 Lowell St Methuen, MA.
What is the asking price?
The asking price for this property is $975,000.
What are key features of this property?
This property features: - Well-maintained three-family property with long-term tenants, offering immediate rental income.; - Updated kitchens and baths in each unit.; - **New roof (2017), new vinyl siding (2023), and new hot water heater (2024).**
More about this property
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