NOT LISTED FOR SALE

106 Mount Washington St Lowell, MA 01854

Acre Neighborhood

Estimated Value: $882,000 - $1,001,650

9 Beds
3 Baths
4,287 Sq Ft
$218/Sq Ft Est. Value

Last Sold November 01, 2019

Last sale price $635,000 $148 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $5,737/month

4 Days on Market

Highlights

  • Wood Flooring
  • 1 Car Detached Garage
  • Trails
  • Covered Patio or Porch
  • Heating System Uses Steam
  • High Speed Internet

About This Home

As of November 2019

Attention Investors . . . Large 3-Family with great rental income, just 3 blocks from UMass-Lowell! Spacious 3-Bedroom units, recently updated including new Kitchen cabinets, granite countertops and stainless steel appliances. Building upgrades in recent years include low maintenance vinyl siding, new windows, new roof, newer heating systems and hot water heaters. Separate utilities with tenants paying for heat, hot water and electricity. Off-street parking for 6 vehicles includes an oversized 1-car garage. Proximity to the university allows for premium rents of $1,800-1,900/month or more. Units 1 and 3 are rented, with Unit 2 vacant for owner-occupied if desired. With use of the garage, projected rent for that unit is $1,900+. That’s an annual gross income of 66K with low expenses for this turn key property!

Last Agent to Sell the Property

Michael Peterson

Weichert Realtors-Peterson & Associates License #054896 Listed on: 09/04/2019

Weichert Realtors-Peterson & Associates

Last Buyer's Agent

A non PrimeMLS member

A Non PrimeMLS Agency

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,655

Year Built

  • Built in 1900

Lot Details

  • 5,227 Sq Ft Lot
  • Level Lot

Parking

  • 1 Car Detached Garage
  • Shared Driveway
  • Off-Street Parking
  • Assigned Parking

Home Design

  • Wood Frame Construction
  • Membrane Roofing
  • Vinyl Siding

Interior Spaces

  • 3 Full Bathrooms
  • 3-Story Property

Flooring

  • Wood
  • Laminate
  • Vinyl

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry

Outdoor Features

  • Covered Patio or Porch

Schools

  • Joseph Mcavinnue Elementary School
  • Bartlett Community Partnership Middle School
  • Lowell High School

Utilities

  • Radiator
  • Heating System Uses Steam
  • Heating System Uses Natural Gas
  • Separate Meters
  • 100 Amp Service
  • Natural Gas Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Exclusions: Tenant's personal belongings
  • Legal Lot and Block 0106 / 4235

Community Details

Overview

  • 3 Units

Recreation

  • Trails

Building Details

  • 3 Separate Gas Meters
  • Operating Expense $12,005
  • Gross Income $65,940

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,655

Year Built

Built in 1900

Lot Details

0

Parking

1

Listing Details

  • Status Detail: Closed
  • Style: Multi-Family
  • Directions: Pawtucket Street to Mt. Washington St.
  • Footprint: 34x48
  • Construction: Existing
  • Items Excluded: Tenant's personal belongings
  • Total Stories: 3
  • Price Per Sq Ft: 148.12
  • Property Class: Multi-Family
  • Sq Ft - Apx Total: 6349
  • Sq Ft - Apx Total Finished: 4287
  • Year Built: 1900
  • Remarks Public: Attention Investors . . . Large 3-Family with great rental income, just 3 blocks from UMass-Lowell! Spacious 3-Bedroom units, recently updated including new Kitchen cabinets, granite countertops and stainless steel appliances. Building upgrades in recent years include low maintenance vinyl siding, new windows, new roof, newer heating systems and hot water heaters. Separate utilities with tenants paying for heat, hot water and electricity. Off-street parking for 6 vehicles includes an oversized 1-car garage. Proximity to the university allows for premium rents of $1,800-1,900/month or more. Units 1 and 3 are rented, with Unit 2 vacant for owner-occupied if desired. With use of the garage, projected rent for that unit is $1,900+. That’s an annual gross income of 66K with low expenses for this turn key property!
  • List Agent: 25135
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Flooring: Hardwood, Laminate, Vinyl
  • Total Rooms Above Ground: 19
  • Basement: Yes
  • Basement Access Type: Interior
  • Basement Description: Concrete Floor, Full, Unfinished
  • Sq Ft - Apx Finished AG: 4287
  • Sq Ft - Apx Unfinished AG: 582
  • Sq Ft - Apx Unfinished BG: 1480

Exterior Features

  • Construction: Wood Frame
  • Driveway: Common/Shared, Paved
  • Exterior: Vinyl
  • Foundation: Fieldstone
  • Road Frontage: Yes
  • Roads: Paved, Public
  • Roof: Membrane
  • Easements: Unknown
  • Features Exterior: Porch - Covered

Garage/Parking

  • Garage Capacity: 1
  • Parking: Driveway, Garage, Off Street, Parking Spaces 5 - 10, Paved
  • Garage: Yes
  • Garage Description: Assigned
  • Garage Type: Detached

Utilities

  • Electric: 100 Amp, Circuit Breaker(s)
  • Sewer: Public
  • Water: Included, Public
  • Water Heater: Gas - Natural, Separate, Tank
  • Heating Fuel: Gas - Natural
  • Heating: Radiator, Steam
  • Separate Utilities: Yes
  • Total Electric Meters: 3
  • Total Gas Meters: 3
  • Total Heat Units: 3
  • Total Ranges: 3
  • Total Refrigerators: 3
  • Total Water Heaters: 3
  • Trash: Curbside
  • Utilities: Cable - Available, High Speed Intrnt -Avail

Schools

  • School District: Lowell School District
  • Elementary School: Joseph McAvinnue Elementary
  • Middle School: Bartlett Community Partnership
  • High School: Lowell High School
  • Elementary School: Joseph McAvinnue Elementary
  • High School: Lowell High School

Lot Info

  • Map: 0117
  • Lot: 0106
  • Lot Sq Ft: 5227
  • Lot Acres: 0.12
  • Lot Description: City Lot, Level, Sidewalks, Street Lights, Trail/Near Trail
  • Surveyed: Unknown
  • Zoning: TMF
  • Deed Book: 30552
  • Deed Page: 138
  • Deed Recorded Type: Quit Claim

Multi Family

  • Gross Income: 65940
  • Total Full Baths: 3
  • Total Units: 3
  • Total3 Plus Bedroom Units: 3

Tax Info

  • Tax Gross Amount: 6655
  • Tax Year: 2019

MLS Schools

  • School District: Lowell School District
  • School Middle Jr: Bartlett Community Partnership

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 4, 2019
Closed on
Nov 1, 2019
Sold by
Mehuljic Elmir and Hilliard Sam G
Bought by
Lin Celine and Lin Bunna
Seller's Agent
Michael Peterson
Weichert Realtors-Peterson & Associates
Buyer's Agent
A non PrimeMLS member
A Non PrimeMLS Agency
List Price
$620,000
Sold Price
$635,000
Premium/Discount to List
$15,000
2.42%
Current Estimated Value
$933,413

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$298,413
Avg. Annual Appreciation
6.20%

Purchase Details

Closed on
Oct 17, 2016
Sold by
Rourke Ryan M
Bought by
Mehuljic Elmir and Hilliard Samuel G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$468,700
Interest Rate
3.46%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 15, 2016
Sold by
Daigle Albert A and Daigle Therese M
Bought by
Rourke Ryan M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$390,000
Interest Rate
3.66%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Lin Celine $635,000 --
Mehuljic Elmir $500,000 --
Rourke Ryan M $380,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mehuljic Elmir $468,700
Previous Owner Rourke Ryan M $390,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/01/2019 11/01/19 Sold $635,000 +2.4% $148 / Sq Ft
09/08/2019 09/08/19 Pending -- -- --
09/04/2019 09/04/19 For Sale $620,000 -- $145 / Sq Ft
Source: PrimeMLS

Tax History Compared to Growth

Source: Public Records

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 $9,455 $823,600 $109,400 $714,200
2024 $8,971 $753,200 $102,200 $651,000
2023 $8,837 $711,500 $88,900 $622,600
2022 $8,204 $646,500 $80,800 $565,700
2021 $7,072 $525,400 $70,300 $455,100
2020 $6,333 $474,000 $60,000 $414,000
2019 $6,112 $435,300 $52,900 $382,400
2018 $4,273 $385,400 $50,400 $335,000
2017 $4,206 $281,900 $45,800 $236,100
2016 $3,943 $260,100 $45,800 $214,300
2015 $3,748 $242,100 $47,200 $194,900
2013 $3,410 $227,200 $62,800 $164,400
Source: Public Records

Agents Affiliated with this Home

  • Michael Peterson

    Seller's Agent in 2019

    Michael Peterson

    Weichert Realtors-Peterson & Associates

    (603) 566-2750

    84 Total Sales

    Michael Peterson
    Section Image

  • A

    Buyer's Agent in 2019

    A non PrimeMLS member

    VT_ME_NH_NEREN

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Map

Source: PrimeMLS

MLS Number: 4774612

PrimeMLS

APN: LOWE-000117-004235-000106

Massachusetts Middlesex County Lowell 01854 Acre

106 Mount Washington St, Lowell, MA

This home is located at 106 Mount Washington St, Lowell, MA 01854 since 04 September 2019 and is currently estimated at $933,413, approximately $217 per square foot. This property was built in 1900. 106 Mount Washington St is a home located in Middlesex County with nearby schools including Charlotte M. Murkland Elementary School, Joseph McAvinnue Elementary School, and Charles W. Morey Elementary School.

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