106-108 Grand St, Lowell, MA 01851

Property Description

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!