S
Seller's Agent in 2022
Salihu Mohammed
Dick Lepine Real Estate,Inc.
(978) 937-4044
2 in this area
32 Total Sales
10 Concord St Lowell, MA 01852
Lower Belvidere Neighborhood
15
Beds
8
Baths
8,874
Sq Ft
9,583
Sq Ft Lot 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 | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 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
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $7,143 | $622,200 | $57,000 | $565,200 |
| 2024 | $7,117 | $597,600 | $57,000 | $540,600 |
| 2023 | $6,995 | $563,200 | $57,000 | $506,200 |
| 2022 | $0 | $548,500 | $57,000 | $491,500 |
| 2021 | $0 | $523,900 | $57,000 | $466,900 |
| 2020 | $6,342 | $474,700 | $57,000 | $417,700 |
| 2019 | $0 | $460,000 | $57,000 | $403,000 |
| 2018 | $7,135 | $425,600 | $57,000 | $368,600 |
| 2017 | $5,924 | $410,900 | $57,000 | $353,900 |
| 2016 | $5,924 | $396,100 | $57,000 | $339,100 |
| 2015 | $5,924 | $396,100 | $57,000 | $339,100 |
| 2013 | $5,924 | $394,700 | $57,000 | $337,700 |
Source: Public Records
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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The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.
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