P
Seller's Agent in 2022
Patrick Hermans
J. Borstell Real Estate, Inc.
110 Powell St Lowell, MA 01851
Lower Highlands Neighborhood
6
Beds
6
Baths
2,786
Sq Ft
3,726
Sq Ft Lot
Highlights
- Property is near public transit
- Corner Lot
- Porch
- Wood Flooring
About This Home
As of September 2022Very solid 4 family in a quiet pocket of Lowell on a corner lot with tons of on street parking for the tenants. With coin operated laundry in the basement, a garden area in the yard and a very convenient location, this is and will continue to be a desirable spot for future tenants. The property is rented well below fair market value and has lead certs for two of the units. Leave the units as they are to continue with steady long term tenants or update them to build equity and cashflow. It wont take long before an investor has this property optimized and producing great returns. **Property can be sold as a package with 113 Shaw St, Lowell**
Last Agent to Sell the Property
Patrick Hermans
J. Borstell Real Estate, Inc. Listed on: 06/25/2022
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,702
Year Built
- Built in 1810
Lot Details
- 3,726 Sq Ft Lot
- Corner Lot
Parking
- Open Parking
Home Design
- Stone Foundation
- Frame Construction
- Shingle Roof
Interior Spaces
- 2,786 Sq Ft Home
- Basement Fills Entire Space Under The House
Flooring
- Wood
- Carpet
- Tile
- Vinyl
Bedrooms and Bathrooms
- 6 Bedrooms
- 6 Full Bathrooms
Additional Features
- Porch
- Property is near public transit
Listing and Financial Details
- Total Actual Rent $4,568
- Legal Lot and Block 110 / 4745
- Assessor Parcel Number 3183825
Community Details
Overview
- 4 Units
- Property has 1 Level
Building Details
- Electric Expense $369
- Insurance Expense $2,984
- Water Sewer Expense $2,942
- Operating Expense $6,295
- Net Operating Income $54,816
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 09/29/2022 09/29/22 | Sold | $630,000 | -3.1% | $226 / Sq Ft |
| 08/05/2022 08/05/22 | Pending | -- | -- | -- |
| 07/24/2022 07/24/22 | Price Changed | $649,900 | -2.3% | $233 / Sq Ft |
| 06/25/2022 06/25/22 | For Sale | $665,000 | -- | $239 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
Tax History Compared to Growth
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 | $6,355 | $553,600 | $110,200 | $443,400 |
| 2024 | $6,312 | $530,000 | $103,000 | $427,000 |
| 2023 | $5,862 | $472,000 | $89,600 | $382,400 |
| 2022 | $5,039 | $397,100 | $70,800 | $326,300 |
| 2021 | $4,703 | $349,400 | $61,600 | $287,800 |
| 2020 | $4,668 | $349,400 | $61,600 | $287,800 |
| 2019 | $3,900 | $277,800 | $58,500 | $219,300 |
| 2018 | $3,442 | $262,300 | $55,800 | $206,500 |
| 2017 | $3,441 | $230,600 | $54,100 | $176,500 |
| 2016 | $3,437 | $226,700 | $50,200 | $176,500 |
| 2015 | $3,163 | $204,300 | $50,200 | $154,100 |
| 2013 | $3,016 | $200,900 | $60,200 | $140,700 |
Source: Public Records
Agents Affiliated with this Home
-
-
Salihu Mohammed
S
Buyer's Agent in 2022
Salihu Mohammed
Dick Lepine Real Estate,Inc.
(978) 937-4044
1 in this area
34 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73004156
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.
Nearby Homes