Rhonda Stone
Keller Williams Realty-Merrimack
(978) 850-3159
201 Total Sales
1 in Acre
$350,000 Price
15 Austin St Lowell, MA 01854
Acre Neighborhood
10
Beds
8
Baths
5,581
Sq Ft
4,861
Sq Ft Lot
Highlights
- Property is near public transit and schools
- Corner Lot
- Heating Available
- Wood Flooring
About This Home
As of August 2023Great opportunity to purchase a large income producing 8 unit in the heart of Lowell. Located on a side street just steps away from UML's east campus/Tsongas Center and multiple options for nearby public transportation. This property is comprised of seven 1 bed units with coin-op laundry and one 3 bed townhouse style unit with in-unit laundry. Other features include 2 off-street parking space, potential to raise rents and generate more cashflow. Impeccable location, low expenses and great ROI will make this a perfect addition to any investor's portfolio.
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
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $7,661
Year Built
- Built in 1900 | Remodeled
Lot Details
- 4,861 Sq Ft Lot
- Corner Lot
Home Design
- 5,581 Sq Ft Home
- Shingle Roof
- Concrete Perimeter Foundation
- Marble or Granite Building Materials
Flooring
- Wood
- Laminate
- Tile
- Vinyl
Bedrooms and Bathrooms
- 10 Bedrooms
- 8 Full Bathrooms
Parking
- 2 Car Parking Spaces
- Open Parking
- Off-Street Parking
Additional Features
- Washer
- Property is near public transit and schools
- Heating Available
- Unfinished Basement
Listing and Financial Details
- Total Actual Rent $11,175
- Rent includes unit 1(heat gas), unit 2(heat gas hot water), unit 3(heat gas hot water), unit 4(heat gas hot water)
- Assessor Parcel Number M:137 B:300 L:15,3185145
Community Details
Overview
- 8 Units
- Property has 2 Levels
Building Details
- Electric Expense $1,500
- Insurance Expense $4,800
- Water Sewer Expense $3,000
- Operating Expense $17,800
- Net Operating Income $116,300
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
May 2, 2023
Closed on
Aug 22, 2023
Sold by
Bought by
Seller's Agent
Jack Mantville
J. Borstell Real Estate, Inc.
Buyer's Agent
Jack Mantville
J. Borstell Real Estate, Inc.
List Price
$1,349,000
Sold Price
$1,245,000
Premium/Discount to List
-$104,000
-7.71%
Views
159
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Outstanding Balance
$968,188
Interest Rate
6.81%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
May 18, 2022
Sold by
Bought by
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Acre, MA
-
Rhonda Stone
-
Christine Rocha
Christine Rocha
Residential Realty Group
(339) 210-1740
55 Total Sales
1 in Acre
$295,000 Price
-
Team Tom Truong
Team Tom Truong
eXp Realty LLC
(781) 430-4830
42 Total Sales
2 in Acre
$317K - $441K Price Range
-
Roc Noelsaint
Roc Noelsaint
Responds QuicklyReal Broker MA, LLC
(781) 645-4872
25 Total Sales
1 in Acre
$632,500 Price
-
Jucelia Oliveira
Jucelia Oliveira
Delmaschio Group Realty
(781) 670-5516
61 Total Sales
1 in Acre
$705,000 Price
-
Patricia Sutherland
Patricia Sutherland
Responds QuicklyKeller Williams Realty Boston Northwest
(351) 300-4730
94 Total Sales
1 in Acre
$317,000 Price
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 |
|---|---|---|---|
| $1,250,000 | None Available | ||
| $900,000 | None Available |
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 | $1,000,000 | ||
| Previous Owner | $904,000 |
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 |
|---|---|---|---|---|
| 08/22/2023 08/22/23 | Sold | $1,245,000 | -4.2% | $223 / Sq Ft |
| 06/30/2023 06/30/23 | Pending | -- | -- | -- |
| 05/25/2023 05/25/23 | Price Changed | $1,299,999 | -3.6% | $233 / Sq Ft |
| 05/20/2023 05/20/23 | For Sale | $1,349,000 | 0.0% | $242 / Sq Ft |
| 05/10/2023 05/10/23 | Pending | -- | -- | -- |
| 05/02/2023 05/02/23 | For Sale | $1,349,000 | -- | $242 / 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 | $12,419 | $1,081,800 | $98,300 | $983,500 |
| 2024 | $8,532 | $716,400 | $85,300 | $631,100 |
| 2023 | $8,760 | $705,300 | $74,200 | $631,100 |
| 2022 | $7,661 | $603,700 | $67,400 | $536,300 |
| 2021 | $7,157 | $531,700 | $58,600 | $473,100 |
| 2020 | $7,019 | $525,400 | $52,300 | $473,100 |
| 2019 | $5,745 | $409,200 | $48,400 | $360,800 |
| 2018 | $4,956 | $385,900 | $46,100 | $339,800 |
| 2017 | $4,961 | $332,500 | $41,900 | $290,600 |
| 2016 | $4,980 | $328,500 | $37,900 | $290,600 |
| 2015 | $4,379 | $282,900 | $37,900 | $245,000 |
| 2013 | $3,623 | $241,400 | $52,400 | $189,000 |
Source: Public Records
Agents Affiliated with this Home
-
Jack Mantville
Seller's Agent in 2023
Jack Mantville
J. Borstell Real Estate, Inc.
(978) 490-0212
2 in this area
23 Total Sales
-
Patrick Hermans
Seller Co-Listing Agent in 2023
Patrick Hermans
J. Borstell Real Estate, Inc.
(978) 580-7157
1 in this area
45 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73106035
APN: LOWE M:137 B:300 L:15
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
- 408 Suffolk St
- 408 Suffolk St
- 169 Salem St
- 492 Fletcher St
- 52 Lawrence Dr Unit 515
- 52 Mount Washington St
- 35 Riverwalk Way Unit 222
- 168 Suffolk St
- 5 Dublin St
- 1 Dublin St
- 41 Mount Vernon St
- 125 Mt Vernon St Unit D
- 46 Arlington St
- 200 Market St Unit 215
- 200 Market St Unit 3504
- 200 Market St Unit 619
- 200 Market St Unit 3513
- 200 Market St Unit 4505
- 200 Market St Unit 115
- 200 Market St Unit 204
- 407 Moody St
- 409 Moody St Unit 1
- 411 Moody St
- 104 Cabot St
- 65 Austin St
- 29 Austin St Unit 29
- 29 Austin St
- 111 Cabot St
- 113 Cabot St
- 70 Austin St Unit 34
- 70 Austin St Unit 33
- 70 Austin St Unit 32
- 70 Austin St Unit 31
- 70 Austin St Unit 29
- 70 Austin St Unit 28
- 70 Austin St Unit 26
- 70 Austin St Unit 25
- 70 Austin St Unit 24
- 70 Austin St Unit 23
- 70 Austin St Unit 22
Your Personal Tour Guide
Ask me questions while you tour the home.