B
Seller's Agent in 2024
Brian Donoghue
Universal Property Management
(978) 937-9327
6 in this area
42 Total Sales
103 Powell St Lowell, MA 01851
Lower Highlands Neighborhood
7
Beds
4
Baths
3,557
Sq Ft
4,792
Sq Ft Lot
Highlights
- Medical Services
- Property is near public transit and schools
- Shops
- Deck
- Enclosed Patio or Porch
- Coin Laundry
About This Home
As of September 2024Great opportunity for the buyer of this fully tenanted four-family in the Highlands. All four units currently occupied, two on leases and two are TAW, with a total monthly rent roll of $6990.00. All units are separately metered and tenants are responsible for payment of own electric, heat, hot water and cooking. Unit electric panels and hot water tanks are in the basement. Each unit has its own heating system(s). This is a well maintained property by an active owner, therefore no deferred maintenance. Three units are lead compliant w/certificates of deleading in hand. Location is on public transit and within a short distance of all area amenities. This is a solid property with a strong rental history and rents. Two long-term tenants of approx. 10 years.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,852
Year Built
- Built in 1900
Lot Details
- 4,792 Sq Ft Lot
- Level Lot
Home Design
- 3,557 Sq Ft Home
- Quadruplex
- Frame Construction
- Shingle Roof
- Rubber Roof
Bedrooms and Bathrooms
- 7 Bedrooms
- 4 Full Bathrooms
Parking
- 4 Car Parking Spaces
- Driveway
- Paved Parking
- Open Parking
- Off-Street Parking
Outdoor Features
- Deck
- Enclosed Patio or Porch
Location
- Property is near public transit and schools
Schools
- Lowell Public Elementary And Middle School
- Lowell Public High School
Additional Features
- Unfinished Basement
Listing and Financial Details
- Total Actual Rent $6,990
- Assessor Parcel Number 3183861
Community Details
Overview
- 4 Units
- Property has 1 Level
Amenities
- Medical Services
- Shops
- Coin Laundry
Building Details
- Insurance Expense $2,000
- Water Sewer Expense $2,400
- Operating Expense $4,400
- Net Operating Income $79,480
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 11, 2024
Closed on
Aug 30, 2024
Sold by
Bought by
Seller's Agent
Brian Donoghue
Universal Property Management
Buyer's Agent
Hung Tran
Town Hall Realty, Inc.
List Price
$825,000
Sold Price
$850,000
Premium/Discount to List
$25,000
3.03%
Views
12
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$637,500
Interest Rate
0.0678%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jan 10, 2023
Sold by
Bought by
Purchase Details
Closed on
Jul 8, 2014
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$680,000
Interest Rate
0.0416%
Mortgage Type
Commercial
Purchase Details
Closed on
Nov 1, 1999
Sold by
Bought by
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Home Values in the Area
Average Home Value in this Area
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $850,000 | None Available | ||
| -- | None Available | ||
| $850,000 | -- | ||
| $135,000 | -- |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $637,500 | ||
| Previous Owner | $680,000 | ||
| Previous Owner | $350,000 | ||
| Previous Owner | $203,000 | ||
| Previous Owner | $14,000 | ||
| Previous Owner | $10,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 09/06/2024 09/06/24 | Sold | $850,000 | +3.0% | $239 / Sq Ft |
| 07/16/2024 07/16/24 | Pending | -- | -- | -- |
| 07/11/2024 07/11/24 | For Sale | $825,000 | -- | $232 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $6,902 | $601,200 | $118,400 | $482,800 |
| 2024 | $6,852 | $575,300 | $110,700 | $464,600 |
| 2023 | $6,965 | $560,800 | $96,200 | $464,600 |
| 2022 | $5,969 | $470,400 | $76,000 | $394,400 |
| 2021 | $5,568 | $413,700 | $66,100 | $347,600 |
| 2020 | $5,527 | $413,700 | $66,100 | $347,600 |
| 2019 | $4,595 | $327,300 | $62,900 | $264,400 |
| 2018 | $4,442 | $308,700 | $59,900 | $248,800 |
| 2017 | $4,036 | $270,500 | $58,100 | $212,400 |
| 2016 | $4,037 | $266,300 | $53,900 | $212,400 |
| 2015 | $3,224 | $208,300 | $53,900 | $154,400 |
| 2013 | $3,065 | $204,200 | $64,700 | $139,500 |
Source: Public Records
Agents Affiliated with this Home
-
Brian Donoghue
-
Hung Tran
H
Buyer's Agent in 2024
Hung Tran
Town Hall Realty, Inc.
(617) 959-7951
1 in this area
24 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73263545
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
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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