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31 Bourne St

Lowell MA 01852

9
3
3900 sq. ft.
3920 sq. ft.
Other
Currently for sale - view listing

Overview

Well-maintained 3-unit multifamily offering in Lowell’s established South Lowell neighborhood, featuring three spacious 3BR/1BA apartments and approximately 3,900 SF of living area. Two of the three units will be delivered vacant and move-in ready at closing, offering immediate flexibility for an investor or owner-occupant to lease, occupy, or further improve. Recent capital improvements include a newer EPDM rubber roof (2022), refinished hardwood flooring, new luxury vinyl plank flooring, updated bathroom vanities, and newer appliances in the first- and second-floor units. Additional features include in-unit washer/dryer hookups, usable yard space, separately metered forced hot-air gas heating, and updated electrical service, helping minimize landlord-paid utility expenses. Additional value-add potential may exist to reconfigure existing 3BR layouts into 4BR units, subject to applicable approvals and permitting. Conveniently located near Downtown Lowell with quick access to the Lowell Connector, Route 3, I-495, LRTA service, MBTA commuter rail, shopping, dining, parks, and major employment and educational centers. A compelling opportunity combining immediate vacancy, recent improvements, efficient utilities, and long-term income-growth potential.

Features

9 bedrooms
3 bathrooms
3900 sq. ft. floor area
3920 sq. ft. lot size
Other

Property history for 31 Bourne St

2010
Sold
$227,500
21 Jul 2010 by ALINE ROY, of Coco, Early & Associates
2005
Sold
$405,000
13 Apr 2005 by ALINE ROY, of Century 21 Concept One
2003
Sold
$330,000
15 Oct 2003 by Joanne Deschenes, of Century 21 Concept One

Happy sellers in Lowell

94%
94% of sellers in Lowell reported that their sale price either exceeded or met their price expectations.

Lowell stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 10 reviews in Lowell over the last 12 months.

Local market activity for 9 bedroom other properties in Lowell

In the last 12 months, 7 nine-bedroom other properties similar to 31 Bourne St, have been sold.

This represents a 15% increase in nine-bedroom other properties sales when compared to the previous 12 months.

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