146 Lakeview Ave Lowell, MA 01850
Centralville NeighborhoodAbout This Home
As of January 2021$2,900 monthly rents turn-key investment property: this mixed-use property occupies with three types of tenants: unit 1 - 5 years long-tern hair salon; unit 2 - office use for church; unit 3 (2nd floor) tenant with off-street parking at the back of building. Both units on the first floor have central forced hot air and central A/C. Landlord pays utilities EXCEPT the 2nd floor tenant pays his own electricity; All leases have a $200 monthly disclaimer that each unit will cover utilities over $200 if it occurs. With vinyl siding and all tenants leases are leased, this property is perfect for either owner occupied one unit while collecting rents from the other two units or investors to collect rents with ~9% CAP rate return.
Last Buyer's Agent
Alina Chamberlain
Doherty Properties
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,029
Year Built
- Built in 1930
Flooring
- Wood
- Wall to Wall Carpet
- Laminate
Outdoor Features
- Balcony
Utilities
- Water Holding Tank
- Natural Gas Water Heater
Additional Features
- Basement
Ownership History
Purchase Details
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.Purchase Details
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.Purchase Details
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.Purchase Details
Purchase Details
Map
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Not Resolvable | $470,000 | None Available | |
| Not Resolvable | $226,500 | -- | |
| Not Resolvable | $210,000 | -- | |
| Deed | $4,000 | -- | |
| Deed | $4,000 | -- | |
| Deed | $4,000 | -- | |
| Deed | $4,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $481,487 | Purchase Money Mortgage | |
| Closed | $481,487 | Purchase Money Mortgage | |
| Previous Owner | $170,000 | New Conventional | |
| Previous Owner | $157,500 | Commercial |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 01/04/2021 01/04/21 | Sold | $470,000 | +6.8% | $188 / Sq Ft |
| 11/05/2020 11/05/20 | Pending | -- | -- | -- |
| 09/30/2020 09/30/20 | For Sale | $439,900 | +94.2% | $176 / Sq Ft |
| 08/28/2019 08/28/19 | Sold | $226,500 | -12.5% | $136 / Sq Ft |
| 06/13/2019 06/13/19 | Pending | -- | -- | -- |
| 05/10/2019 05/10/19 | For Sale | $259,000 | 0.0% | $155 / Sq Ft |
| 05/01/2019 05/01/19 | Pending | -- | -- | -- |
| 04/19/2019 04/19/19 | Price Changed | $259,000 | -4.0% | $155 / Sq Ft |
| 03/29/2019 03/29/19 | For Sale | $269,900 | -- | $162 / Sq Ft |
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 | $2,029 | $90,700 | $30,700 | $60,000 |
| 2024 | $2,052 | $88,200 | $29,200 | $59,000 |
| 2023 | $2,019 | $82,900 | $26,600 | $56,300 |
| 2022 | $2,055 | $81,600 | $26,600 | $55,000 |
| 2021 | $2,061 | $76,800 | $23,100 | $53,700 |
| 2020 | $2,056 | $76,800 | $23,100 | $53,700 |
| 2019 | $2,179 | $76,200 | $23,100 | $53,100 |
| 2018 | $2,427 | $73,000 | $22,000 | $51,000 |
| 2017 | $2,197 | $71,700 | $22,000 | $49,700 |
| 2016 | $2,485 | $79,600 | $22,000 | $57,600 |
| 2015 | $2,584 | $79,600 | $22,000 | $57,600 |
| 2013 | $2,051 | $65,500 | $24,400 | $41,100 |
Source: MLS Property Information Network (MLS PIN)
MLS Number: 72472903
APN: LOWE-000196-003455-000146
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