S
Seller's Agent in 2022
Salihu Mohammed
Dick Lepine Real Estate,Inc.
(978) 937-4044
2 in this area
37 Total Sales
10 Concord St Lowell, MA 01852
Lower Belvidere Neighborhood
15
Beds
8
Baths
8,874
Sq Ft
9,583
Sq Ft Lot
Highlights
- 0.22 Acre Lot
- Porch
- 5-minute walk to Kittredge Park
- Corner Lot
About This Home
As of March 2022BOM DUE TO FINANCING. Investment!! Calling on all serious investors. This is a rare opportunity to own this cash-flow property in prime Belvidere area. Mixed use consisting of 6 fully rented residential units and 3 to 4 store fronts/office spaces on lower level combined w/3 Pleasant St which is an adjacent 4,547sf of land (may be buildable, Buyer to do their own due diligence) and 65 Andover St (680 sq ft of land). 2 of the stores are rented. More available spaces for various uses. Huge building with over 8,800sf of space. The residential units have 27 rms, 15 bdrms and 6 baths. The lower level has 2 half baths. Brand new, top of the line tankless heating systems. All separate utilities. Rents below market - mostly long time tenants who are willing to stay. A couple of tenants have section 8. Convenient location close to many amenities. Property has lots of potential for more income. Solid workable numbers. Sold as a package: residential apts/commercial units & adjacent land.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $7,191
Year Built
- Built in 1900
Lot Details
- 9,583 Sq Ft Lot
- Corner Lot
- Irregular Lot
Home Design
- Manufactured Home on a slab
Interior Spaces
- 8,874 Sq Ft Home
- Crawl Space
Bedrooms and Bathrooms
- 15 Bedrooms
Parking
- 8 Car Parking Spaces
- On-Street Parking
- Open Parking
- Off-Street Parking
Additional Features
- Porch
- Gas Water Heater
Listing and Financial Details
- Total Actual Rent $8,820
Community Details
Overview
- 6 Units
- Property has 1 Level
Building Details
- Net Operating Income $70,740
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/16/2022 03/16/22 | Sold | $1,200,000 | -7.7% | $135 / Sq Ft |
| 12/15/2021 12/15/21 | Pending | -- | -- | -- |
| 12/07/2021 12/07/21 | For Sale | -- | -- | -- |
| 10/29/2021 10/29/21 | Pending | -- | -- | -- |
| 08/26/2021 08/26/21 | For Sale | $1,300,000 | -- | $146 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
Tax History Compared to Growth
Agents Affiliated with this Home
-
Salihu Mohammed
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 72886709
APN: LOWE M:000200 T:L02020
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