NOT LISTED FOR SALE

153 Summer St Lowell, MA 01852

Back Central Neighborhood
11 Beds
5 Baths
5,057 Sq Ft
3,000 Sq Ft Lot

Last Sold July 28, 2023

Last sale price $850,000 $168 Per Sq Ft

7 Days on Market

Highlights

  • Golf Course Community
  • Deck
  • Community Pool
  • Medical Services
  • Property is near public transit
  • 4-minute walk to South Common Park

About This Home

As of July 2023

RARE INVESTMENT OPPORTUNITY Downtown Lowell 4-Plex. Move-in ready 5,057 sq ft, 11 bedroom, 5 bathroom Victorian 4-plex with three long term tenants in place, blocks away from Commuter Rail, Lowell Connecter to Rt 495 & Rt 3, and Downtown Lowell, MA. This investment opportunity features (3) 3-bedroom units with tenants and (1) 2-bedroom, 2-bath move-in ready unit. Option to live in one unit & collect $5,800 monthly, fully rent & collect $7,600 monthly, or potential for $9,000/mo at HUD fair market rents. All units have separate utilities. FHA Loans Welcome! FIRST SHOWING AT OPEN HOUSE ONLY June 17th 1:30 p.m. to 3 p.m. June 18th 12:30 p.m. to 2 p.m.

Last Agent to Sell the Property

Guy Contaldi

Advisors Living - Boston Listed on: 06/12/2023

Advisors Living - Boston

Co-Listed By

Paige Cadogan

Advisors Living - Tewksbury

Last Buyer's Agent

Nick Cowden

Compass

Compass

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,024

Year Built

  • Built in 1900

Lot Details

  • 3,000 Sq Ft Lot
  • Fenced
  • Garden

Home Design

  • Brick Exterior Construction
  • Brick Foundation
  • Frame Construction
  • Shingle Roof
  • Rubber Roof

Interior Spaces

  • 5,057 Sq Ft Home
  • Insulated Windows
  • Insulated Doors
  • Washer and Dryer Hookup

Flooring

  • Laminate
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 11 Bedrooms
  • 5 Full Bathrooms

Basement

  • Walk-Out Basement
  • Partial Basement
  • Interior Basement Entry

Parking

  • On-Street Parking
  • Open Parking

Outdoor Features

  • Deck
  • Enclosed patio or porch

Location

  • Property is near public transit
  • Property is near schools

Utilities

  • Separate Meters
  • Natural Gas Connected
  • Gas Water Heater

Listing and Financial Details

  • Total Actual Rent $5,829
  • Assessor Parcel Number M:161 B:5570 L:153,3187563

Community Details

Overview

  • 4 Units
  • Property has 1 Level

Amenities

  • Medical Services
  • Shops
  • Coin Laundry

Recreation

  • Golf Course Community
  • Tennis Courts
  • Community Pool
  • Park
  • Jogging Path
  • Bike Trail

Building Details

  • Net Operating Income $69,948

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,024

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 4 Family
  • Year Built: 1900
  • Buyer Agency: 2
  • Transaction Broker: 0
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: Yes
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: VirtualTour
  • Stories: 9

Interior Features

  • Flooring: Tile,Vinyl,Laminate,Wood Laminate
  • Door Features: Insulated Doors
  • Fireplace YN: No
  • Appliances: Unit 3(Range,Refrigerator), Gas Water Heater,Electric Water Heater, Utility Connections for Gas Range, Utility Connections for Electric Range, Utility Connections for Gas Oven, Utility Connections for Electric Oven, Utility Connections for Electric Dryer, Utility Connections Varies per Unit
  • Total Bedrooms: 11
  • Full Bathrooms: 5
  • Total Bathrooms: 5
  • Total Bathrooms: 5
  • Laundry Features: Washer Hookup, Unit 1(Washer & Dryer Hookup)
  • Basement: Partial, Walk-Out Access, Interior Entry
  • Living Area: 5057
  • Spa YN: No
  • Stories Total: 9
  • Window Features: Insulated Windows
  • MAIN LO: AN1921
  • LIST PRICE PER Sq Ft: 148.11
  • PRICE PER Sq Ft: 168.08
  • MAIN SO: AN2383

Exterior Features

  • Exterior Features: Garden
  • Construction Materials: Frame, Brick
  • Fencing: Fenced/Enclosed, Fenced
  • Foundation Details: Brick/Mortar
  • Home Warranty YN: No
  • Patio And Porch Features: Enclosed, Deck, Deck - Composite, Patio
  • Road Frontage Type: Public
  • Road Surface Type: Paved
  • Roof: Shingle, Rubber
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: On Street

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Range, for Electric Range, for Gas Oven, for Electric Oven, for Electric Dryer, Washer Hookup, Varies per Unit
  • Electric: Individually Metered
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Pool, Tennis Court(s), Park, Walk/Jog Trails, Golf, Medical Facility, Laundromat, Bike Path, Highway Access, House of Worship, Private School, Public School, University, Sidewalks
  • Senior Community YN: No

Lot Info

  • Parcel Number: M:161 B:5570 L:153,3187563
  • Zoning: TMF
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.07
  • Lot Size Area: 0.07
  • Lot Size Sq Ft: 3000
  • Lot Size Units: Acres
  • PAGE: 146
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 7024
  • Tax Book Number: 5209

Multi Family

  • Gross Income: 69948
  • Net Operating Income: 69948
  • Number Of Units Total: 4
  • Total Actual Rent: 5829
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 4: 2
  • LEVELS 2: 1
  • LEVELS 3: 2
  • LEASE 4: N
  • LEASE 3: Y
  • LEASE 2: Y
  • LEASE 1: N
  • FLRS 1: 1
  • FLRS 4: 3
  • FLRS 3: 3
  • FLRS 2: 2

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/28/2023 07/28/23 Sold $850,000 +13.5% $168 / Sq Ft
06/20/2023 06/20/23 Pending -- -- --
06/12/2023 06/12/23 For Sale $749,000 -- $148 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Guy Contaldi

    Seller's Agent in 2023

    Guy Contaldi

    Advisors Living - Boston

    (617) 201-0247

    4 in this area

    88 Total Sales

    Guy Contaldi
    Section Image
  • Paige Cadogan

    Seller Co-Listing Agent in 2023

    Paige Cadogan

    Advisors Living - Tewksbury

    (617) 784-5768

    1 in this area

    62 Total Sales

    Paige Cadogan
    Section Image
  • Nick Cowden

    Buyer's Agent in 2023

    Nick Cowden

    Compass

    (781) 307-2726

    1 in this area

    49 Total Sales

    Nick Cowden
    Section Image
See All Agents

Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73123673

MLS Property Information Network (MLS PIN)

Massachusetts Middlesex County Lowell 01852 Back Central

153 Summer St, Lowell, MA

This home is located at 153 Summer St, Lowell, MA 01852 since 12 June 2023. This property was built in 1900. 153 Summer St is a home located in Middlesex County with nearby schools including Abraham Lincoln Elementary School, Moody Elementary School, and Greenhalge Elementary School.

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.

MLS Property Information Network (MLS PIN) 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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