$760,000
SOLD APR 16, 2025
12 Beds
3 Baths
4,113 Sq Ft
6,098 Sq Ft Lot

Recently Sold

$185 Per Sq Ft

38% Above List Price

7 Days on Market

Highlights

  • Deck
  • Balcony
  • Bathtub with Shower
  • Property is near public transit
  • Porch
  • 4-minute walk to Father Kirwin Playground

About This Home

As of April 2025

Property will not qualify for CONV/VA/FHA. Fantastic investment opportunity located just minutes from downtown Lowell. Each unit features 4 bedrooms, 1 bathroom, a kitchen, and a living room. Shared basement with all updated hot water heaters. Off street parking for 6 cars. The building consistently generates solid rental income with long-term tenants. Whether you're looking to expand your portfolio or start your investment journey, this building offers an excellent combination of location, stability, and potential for growth. Minutes to downtown Lowell offering many restaurants to chose from, shopping, schools, house of worship, train station and easy access to Route 3/495 Connector. Don’t miss out on this opportunity to secure a profitable and well-located multi-unit property at a great price.

Last Agent to Sell the Property

Ray Boutin

RE/MAX Innovative Properties Listed on: 03/07/2025

RE/MAX Innovative Properties

Last Buyer's Agent

Bob Ciccarelli

Ciccarelli Homes

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,278

Year Built

  • Built in 1900

Lot Details

  • 6,098 Sq Ft Lot
  • Level Lot

Home Design

  • Stone Foundation
  • Frame Construction
  • Tar and Gravel Roof

Interior Spaces

  • 4,113 Sq Ft Home
  • Living Room
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Range
  • Washer and Electric Dryer Hookup

Flooring

  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 3 Full Bathrooms
  • Bathtub with Shower

Parking

  • 6 Car Parking Spaces
  • Driveway
  • Open Parking
  • Off-Street Parking

Outdoor Features

  • Balcony
  • Deck
  • Porch

Location

  • Property is near public transit
  • Property is near schools

Schools

  • Lps Elementary And Middle School
  • Lhs/Gltech High School

Utilities

  • No Cooling
  • 3 Heating Zones
  • Heating System Uses Natural Gas
  • Baseboard Heating
  • Heating System Uses Steam

Listing and Financial Details

  • Total Actual Rent $4,500
  • Rent includes unit 1(water), unit 2(water), unit 3(water)
  • Legal Lot and Block 160 / 55
  • Assessor Parcel Number 3193659

Community Details

Overview

  • 3 Units
  • Property has 1 Level

Amenities

  • Shops
  • Coin Laundry

Recreation

  • Park

Building Details

  • Net Operating Income $54,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,278

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 3 Family
  • Year Built: 1900
  • Levels: 6
  • Year Built Details: Actual
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 6

Interior Features

  • Flooring: Vinyl, Carpet, Laminate
  • Interior Amenities: Bathroom With Tub & Shower, Living Room, Kitchen
  • Fireplace YN: No
  • Appliances: Range, Refrigerator
  • Total Bedrooms: 12
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Total Bathrooms: 3
  • Laundry Features: Electric Dryer Hookup, Washer Hookup
  • Basement: Full, Unfinished
  • Above Grade Finished Sq Ft: 4113
  • Living Area: 4113
  • Spa YN: No
  • Stories Total: 6
  • MAIN LO: AN3560
  • LIST PRICE PER Sq Ft: 133.72
  • PRICE PER Sq Ft: 184.78
  • MAIN SO: G95171

Exterior Features

  • Exterior Features: Balcony/Deck
  • Construction Materials: Frame
  • Foundation Details: Stone
  • Home Warranty YN: No
  • Patio And Porch Features: Porch, Deck - Wood
  • Road Frontage Type: Public
  • Road Surface Type: Paved
  • Roof: Tar/Gravel
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Off Street
  • Total Parking Spaces: 6

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Range, for Electric Dryer, Washer Hookup
  • Cooling: None
  • Heating: Steam, Natural Gas, Baseboard
  • Cooling Y N: No
  • Electric: Circuit Breakers
  • Heating YN: Yes
  • Water Source: Public
  • HEAT UNITS: 3
  • HEAT ZONES: 3
  • COOLING ZONES: 0
  • Hot Water: Natural Gas

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Park, Laundromat, Highway Access, Public School, T-Station
  • Rent Includes: Unit 1(Water), Unit 2(Water), Unit 3(Water)
  • Senior Community YN: No

Lot Info

  • Parcel Number: 3193659
  • Zoning: TTF
  • Farm Land Area Units: Square Feet
  • Lot Features: Level
  • Lot Size Acres: 0.14
  • Lot Size Area: 0.14
  • Lot Size Sq Ft: 6098
  • Lot Size Units: Acres
  • PAGE: 92
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2025
  • Tax Annual Amount: 8278
  • Tax Block: 55
  • Tax Book Number: 8190
  • Tax Lot: 160
  • Tax Map Number: 205

Multi Family

  • Gross Income: 54000
  • Net Operating Income: 54000
  • Number Of Units Total: 3
  • Total Actual Rent: 4500
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 2: 1
  • LEVELS 3: 1
  • LEASE 3: N
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 1: 1
  • FLRS 3: 3
  • FLRS 2: 2

MLS Schools

  • High School: Lhs/Gltech
  • Elementary School: Lps
  • Middle Or Junior School: Lps

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 7, 2025
Closed on
Apr 16, 2025
Sold by
Kajiko Peter J
Bought by
160 Agawam Street Llc
Seller's Agent
Ray Boutin
RE/MAX Innovative Properties
Buyer's Agent
Bob Ciccarelli
Ciccarelli Homes
List Price
$550,000
Sold Price
$760,000
Premium/Discount to List
$210,000
38.18%
Total Days on Market
7
Views
64

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-74.41%
Original Mortgage
$790,000
Outstanding Balance
$789,304
Interest Rate
6.63%
Mortgage Type
Commercial
Estimated Equity
-$194,645

Purchase Details

Closed on
Aug 29, 1996
Sold by
Apostolos George
Bought by
Charko Bernice and Charko Daniel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$42,000
Interest Rate
8.18%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 24, 1994
Sold by
Lowell Dev Nt
Bought by
Apostolos George

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,000
Interest Rate
7.08%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Fiduciary Deed $760,000 None Available
Fiduciary Deed $760,000 None Available
Deed $60,000 --
Deed $60,000 --
Deed $28,000 --
Deed $28,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $790,000 Commercial
Closed $790,000 Commercial
Previous Owner $175,000 No Value Available
Previous Owner $42,000 Purchase Money Mortgage
Previous Owner $30,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/16/2025 04/16/25 Sold $760,000 +38.2% $185 / Sq Ft
03/14/2025 03/14/25 Pending -- -- --
03/07/2025 03/07/25 For Sale $550,000 -- $134 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Tax History Compared to Growth

Source: Public Records

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 $8,278 $721,100 $130,000 $591,100
2024 $7,842 $658,400 $117,300 $541,100
2023 $7,692 $619,300 $102,000 $517,300
2022 $6,983 $550,300 $80,400 $469,900
2021 $6,026 $447,700 $70,000 $377,700
2020 $5,367 $401,700 $58,300 $343,400
2019 $5,210 $371,100 $54,000 $317,100
2018 $4,733 $328,900 $51,400 $277,500
2017 $4,624 $309,900 $56,100 $253,800
2016 $4,343 $286,500 $56,400 $230,100
2015 $4,108 $265,400 $56,400 $209,000
2013 $3,302 $220,000 $65,100 $154,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73342782

MLS Property Information Network (MLS PIN)

APN: LOWE-000205-000055-000160