NOT LISTED FOR SALE

2-4 Lowell St North Billerica, MA 01862

Estimated Value: $613,966 - $681,000

5 Beds
2 Baths
2,339 Sq Ft
$280/Sq Ft Est. Value

Last Sold November 07, 2023

Last sale price $625,000 $267 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $4,014/month

5 Days on Market

Highlights

  • Marina
  • Community Stables
  • Property is near public transit
  • Golf Course Community
  • Medical Services
  • Mud Room

About This Home

As of November 2023

Wonderful location, nestled right in the heart of Billerica less than a half mile to the commuter rail! Perfect for investors to add to their portfolio and an excellent opportunity for owner occupants. This recently renovated and meticulously maintained Two Family features tons of cosmetic and mechanical upgrades including windows, floors, bathrooms, countertops, appliances, updated 200Amps Electric & more! Extremely convenient highway access to Boston with easy access to the Concord River Access Point for water lovers. Each townhouse style unit at this property truly lives like it's own single family home. Each side of the building features it's own oversized driveway for each unit w/ plenty of parking w/ separately fenced yards and egresses. All separate utilities and even the basements are separated. Landlord pays water & sewer. Unit 1 to be delivered Vacant. Unit 2 is on a lease through 5/31/24 for $1,785 per month.

Last Agent to Sell the Property

The North Star Group

Keller Williams Realty Evolution Listed on: 09/21/2023

Keller Williams Realty Evolution

Co-Listed By

Taylor Johnson

Keller Williams Realty Evolution

Last Buyer's Agent

Albert Silva

Invest Realty Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,490

Year Built

  • Built in 1920

Lot Details

  • 5,852 Sq Ft Lot
  • Near Conservation Area
  • Fenced
  • Level Lot

Home Design

  • Stone Foundation
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 2,339 Sq Ft Home
  • Property has 2 Levels
  • Window Screens
  • Mud Room
  • Screened Porch
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Parking

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

Location

  • Property is near public transit
  • Property is near schools

Schools

  • Hajjar Elementary School
  • Marshall Middle School
  • Billerica High School

Utilities

  • 200+ Amp Service

Listing and Financial Details

  • Total Actual Rent $1,785
  • Assessor Parcel Number M:0009 B:0107 L:0,365312

Community Details

Amenities

  • Medical Services
  • Shops
  • Coin Laundry

Recreation

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

Additional Features

  • 2 Units
  • Net Operating Income $21,420

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,490

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • Year Built: 1920
  • Buyer Agency: 2%
  • Buyer Agency Type: %
  • Dual Variable: Yes
  • Transaction Broker: 0
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Gross/Full Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Stories: 4

Interior Features

  • Interior Amenities: Mudroom
  • Fireplace YN: No
  • Total Bedrooms: 5
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bathrooms: 2
  • Basement: Full
  • Living Area: 2339
  • Spa YN: No
  • Stories Total: 4
  • Window Features: Screens
  • MAIN LO: C95098
  • LIST PRICE PER Sq Ft: 256.09
  • PRICE PER Sq Ft: 267.21
  • MAIN SO: NB5311

Exterior Features

  • Exterior Features: Porch - Screened,Gutters,Screens,Fenced Yard
  • Construction Materials: Frame
  • Fencing: Fenced/Enclosed, Fenced
  • Foundation Details: Stone
  • Home Warranty YN: No
  • Patio And Porch Features: Screened
  • Road Frontage Type: Public
  • Road Surface Type: Paved
  • Roof: Shingle
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Off Street, Driveway
  • Total Parking Spaces: 4

Utilities

  • Sewer: Public Sewer
  • Electric: 200+ Amp Service
  • Water Source: Public
  • HEAT UNITS: 2
  • Hot Water: Natural Gas

Condo/Co-op/Association

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

Lot Info

  • Parcel Number: M:0009 B:0107 L:0,365312
  • Zoning: 3
  • Farm Land Area Units: Square Feet
  • Lot Features: Level
  • Lot Size Acres: 0.13
  • Lot Size Area: 0.13
  • Lot Size Sq Ft: 5852
  • Lot Size Units: Acres
  • PAGE: 244
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 5490
  • Tax Book Number: 34051

Multi Family

  • Gross Income: 21420
  • Net Operating Income: 21420
  • Number Of Units Total: 2
  • Total Actual Rent: 1785
  • LEVELS 1: 2
  • Basement Included Sq Ft: No
  • LEVELS 2: 2
  • LEASE 2: Y
  • LEASE 1: N
  • FLRS 1: 1
  • FLRS 2: 1

MLS Schools

  • High School: Billerica
  • Elementary School: Hajjar
  • Middle Or Junior School: Marshall

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 25, 1977
Bought by
Disalvo Domenic N and Disalvo Dorothy E
Total Days on Market
5
Current Estimated Value
$654,742
Source: Public Records

Range of Values:

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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Disalvo Domenic N -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dos Santos Edmundo C $500,000
Closed Stewart Calvin C $416,500
Closed Stewart Calvin C $432,081
Closed Joven-Pineda Ronald V $351,024
Closed Disalvo Domenic N $117,000
Closed Disalvo Domenic N $105,000
Closed Disalvo Domenic N $115,000
Closed Disalvo Domenic N $54,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/07/2023 11/07/23 Sold $625,000 +4.3% $267 / Sq Ft
09/27/2023 09/27/23 Pending -- -- --
09/21/2023 09/21/23 For Sale $599,000 +34.0% $256 / Sq Ft
04/24/2020 04/24/20 Sold $447,000 +6.5% $206 / Sq Ft
03/07/2020 03/07/20 Pending -- -- --
03/05/2020 03/05/20 For Sale $419,900 0.0% $193 / Sq Ft
02/27/2020 02/27/20 Pending -- -- --
02/25/2020 02/25/20 For Sale $419,900 -- $193 / 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 $6,470 $569,000 $250,500 $318,500
2024 $5,674 $502,600 $226,200 $276,400
2023 $5,490 $462,500 $197,400 $265,100
2022 $5,208 $412,000 $173,100 $238,900
2021 $4,334 $333,400 $157,900 $175,500
2020 $4,541 $349,600 $151,800 $197,800
2019 $4,359 $323,400 $142,700 $180,700
2018 $4,395 $309,700 $129,000 $180,700
2017 $4,080 $289,600 $124,500 $165,100
2016 $4,038 $285,600 $120,500 $165,100
2015 $3,917 $279,000 $113,900 $165,100
2014 $3,810 $266,600 $112,600 $154,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73161810

MLS Property Information Network (MLS PIN)

APN: BILL-000009-000107