Rhonda Stone
Keller Williams Realty-Merrimack
(978) 850-3159
202 Total Sales
2 in Centralville
$320K - $480K Price Range
14-16 2nd St Lowell, MA 01850
Centralville Neighborhood
12
Beds
6
Baths
5,400
Sq Ft
3,920
Sq Ft Lot
Highlights
- Property is near public transit
- Tile Flooring
- Level Lot
- Shops
- Coin Laundry
- 5-minute walk to Kerouac Park
About This Home
As of January 2025Don’t miss this large six-family property located in a convenient location, just off of Bridge St. The property features many recent updates including an all new roof, 6 new heating systems, updated plumbing, updated electrical throughout, and a new sprinkler system installed in 2015. Comprised of all two-bedroom units, there have been various updates throughout, such as granite countertops, cabinets, updated bathrooms, and laundry hookups in the basement making them highly appealing to tenants. With tenancy-at-will agreements in place and strong rental income, this property will be a reliable investment for years to come.
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Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $11,023
Year Built
- Built in 1880
Lot Details
- 3,920 Sq Ft Lot
- Level Lot
Home Design
- Stone Foundation
- Frame Construction
- Shingle Roof
Interior Spaces
- 5,400 Sq Ft Home
- Basement Fills Entire Space Under The House
- Washer and Electric Dryer Hookup
Flooring
- Laminate
- Tile
- Vinyl
Bedrooms and Bathrooms
- 12 Bedrooms
- 6 Full Bathrooms
Parking
- On-Street Parking
- Open Parking
Additional Features
- Property is near public transit
- 6 Heating Zones
Listing and Financial Details
- Total Actual Rent $11,120
- Rent includes unit 1(water), unit 2(water), unit 3(water), unit 4(water)
Community Details
Overview
- 6 Units
- Property has 1 Level
Amenities
- Shops
- Coin Laundry
Building Details
- Electric Expense $240
- Insurance Expense $6,500
- Water Sewer Expense $2,000
- Operating Expense $12,340
- Net Operating Income $100,700
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
Nov 5, 2024
Closed on
Jan 10, 2025
Sold by
Bought by
Seller's Agent
Patrick Hermans
J. Borstell Real Estate, Inc.
Buyer's Agent
Suraj Tamrakar
Keynova Group LLC
List Price
$1,325,000
Sold Price
$1,405,000
Premium/Discount to List
$80,000
6.04%
Views
5
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,053,700
Outstanding Balance
$1,037,746
Interest Rate
6.81%
Mortgage Type
Commercial
Purchase Details
Closed on
Oct 30, 2015
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
$337,500
Interest Rate
3.92%
Mortgage Type
New Conventional
Purchase Details
Closed on
May 6, 2013
Sold by
Bought by
Purchase Details
Closed on
Aug 16, 2005
Sold by
Bought by
Purchase Details
Closed on
May 30, 2003
Sold by
Bought by
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Centralville, MA
-
Rhonda Stone
-
Susan Callahan
Susan Callahan
Coldwell Banker Realty - Salem
(351) 208-2603
19 Total Sales
1 in Centralville
$644,000 Price
-
Aline Roy
Aline Roy
Keller Williams Realty/Merrimack Valley
(351) 208-2759
35 Total Sales
2 in Centralville
$385K - $450K Price Range
-
North Star Group
North Star Group
Real Broker MA, LLC
(857) 240-5268
110 Total Sales
1 in Centralville
$390,000 Price
-
Michelle Doyle
Michelle Doyle
Flow Realty, Inc.
(978) 690-4362
50 Total Sales
1 in Centralville
$310,000 Price
-
Roc Noelsaint
Roc Noelsaint
Responds QuicklyReal Broker MA, LLC
(781) 645-4872
25 Total Sales
4 in Centralville
$525K - $655K Price Range
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 |
|---|---|---|---|
| $1,405,000 | None Available | ||
| $450,000 | -- | ||
| $163,000 | -- | ||
| $599,900 | -- | ||
| $450,000 | -- |
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 | $1,053,700 | ||
| Closed | $450,000 | ||
| Previous Owner | $337,500 |
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 |
|---|---|---|---|---|
| 01/08/2025 01/08/25 | Sold | $1,405,000 | +6.0% | $260 / Sq Ft |
| 11/12/2024 11/12/24 | Pending | -- | -- | -- |
| 11/05/2024 11/05/24 | For Sale | $1,325,000 | -- | $245 / 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 | $11,322 | $986,200 | $179,600 | $806,600 |
| 2024 | $11,023 | $925,500 | $149,200 | $776,300 |
| 2023 | $11,253 | $906,000 | $129,700 | $776,300 |
| 2022 | $9,675 | $762,400 | $103,200 | $659,200 |
| 2021 | $9,030 | $670,900 | $89,800 | $581,100 |
| 2020 | $8,963 | $670,900 | $89,800 | $581,100 |
| 2019 | $7,294 | $519,500 | $77,200 | $442,300 |
| 2018 | $6,377 | $485,600 | $73,500 | $412,100 |
| 2017 | $6,122 | $410,300 | $61,700 | $348,600 |
| 2016 | $5,120 | $337,700 | $43,100 | $294,600 |
| 2015 | $4,525 | $292,300 | $44,400 | $247,900 |
| 2013 | $4,195 | $279,500 | $53,400 | $226,100 |
Source: Public Records
Agents Affiliated with this Home
-
Patrick Hermans
Seller's Agent in 2025
Patrick Hermans
J. Borstell Real Estate, Inc.
(978) 580-7157
2 in this area
45 Total Sales
-
Suraj Tamrakar
Buyer's Agent in 2025
Suraj Tamrakar
Keynova Group LLC
(774) 287-6819
2 in this area
106 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73309795
APN: LOWE M:176 B:5250 L:14
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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