Seller's Agent in 2015
Mei Zhou
Coldwell Banker Realty - Andovers/Readings Regional
(978) 413-6688
5 in this area
81 Total Sales
11 Lane St Lowell, MA 01851
Lower Highlands Neighborhood
10
Beds
4
Baths
4,330
Sq Ft
4,792
Sq Ft Lot
About This Home
As of March 2015$4,150 monthly rents, $49,800 annual rental income. Two buildings are sitting in one parcel: the front one is up-and-down 2-family house, the back is the duplex 2-family. All utilities are separated. Four water tanks are replaced in Dec. 2014, 2013, 2013 and 2011. All units have lead-paint compliance in file. Off the busy street, but access to every daily needs(pharmacy and supermarket) by foot or bus. This location convenience attracts our long-term tenants--13 years/10 years/4 years and one year, best of all, they all want to stay. That means the first day you acquire this investment property, you will immediately collect your positive $$$. Not a single date vacancy to loss money. Please ask for our APOD analysis for this property and unit data sheet, with 12% cash-on-cash return, you have nothing to loss but to have your recurring rental income for the years to come!
Property Details
Home Type
Multi-Family
Year Built
1955
Lot Details
0
Listing Details
- Lot Description: Level
- Other Agent: 2.00
- Special Features: None
- Property Sub Type: MultiFamily
- Year Built: 1955
Interior Features
- Has Basement: Yes
- Number of Rooms: 18
- Amenities: Public Transportation, Shopping
- Electric: 60 Amps/Less, 100 Amps, Individually Metered
- Basement: Full, Bulkhead
Exterior Features
- Foundation: Fieldstone
Garage/Parking
- Parking: Off-Street
- Parking Spaces: 2
Utilities
- Heat Zones: 4
- Hot Water: Oil, Natural Gas
Schools
- High School: Lowell H.S.
Lot Info
- Assessor Parcel Number: M:000122 T:G03130
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/31/2015 03/31/15 | Sold | $345,000 | -10.4% | $80 / Sq Ft |
| 03/01/2015 03/01/15 | Pending | -- | -- | -- |
| 01/15/2015 01/15/15 | For Sale | $385,000 | -- | $89 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
Tax History Compared to Growth
Agents Affiliated with this Home
-
Mei Zhou
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 71784195
APN: LOWE M:000122 T:G03130
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