NOT LISTED FOR SALE
18 Beds
5 Baths
5,644 Sq Ft
5,227 Sq Ft

Last Sold December 13, 2021

Last sale price $900,000 $159 Per Sq Ft

5 Days on Market

About This Home

As of December 2021

CASH COW!!! A fantastic investment opportunity to own this large 4 unit building. 2 units have 4 beds/1 bath, and 2 units have 5 beds/1 bath. All units come fully furnished, and all furniture and appliances convey with the sale. Each unit has 2 private entrances, and separate gas and electricity meters. 2 back porches offer tenants a place to relax. All units have gas heating, gas cooking and gas hot water tanks. 3 gas-heating systems are new high efficiency. The building has new siding, a new roof and front stairs, as well as newer replacement windows. Updated electric panels with circuit breakers. The basement has 2 washers and 2 dryers that are coin-operated and generate additional income. There is secured storage for owner’s use in the basement, and a working toilet. 2 driveways for 4 cars, plus free, no permit street parking. Backyard shed allows for additional storage. All units are fully deleaded. Located near UMass Lowell public transportation! Open House Sat 10/23 12:00-2:00.

Last Agent to Sell the Property

Michelle Walker

Gibson Sotheby's International Realty Listed on: 10/20/2021

Gibson Sotheby's International Realty

Last Buyer's Agent

Oren Mael

Sapphire Real Estate

Property Details

Home Type

  • Multi-Family

Year Built

  • 1900

Lot Details

  • 5,227

Additional Features

  • Property has 2 Levels
  • 4 Heating Zones

Property Details

Home Type

Multi-Family

Year Built

1900

Lot Details

5,227 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • Directions: Broadway St to Clare St.
  • Garage Yn: No
  • Year Built Details: Approximate
  • Special Features: None
  • Year Built: 1900

Interior Features

  • Appliances: Unit 1(Range,Microwave,Refrigerator,Washer,Dryer), Unit 2(Range,Refrigerator,Washer,Dryer), Unit 3(Range,Microwave,Refrigerator,Washer,Dryer), Unit 4(Range,Microwave,Refrigerator,Washer,Dryer)
  • Has Basement: Full
  • MAIN LO: NB3534
  • MAIN SO: AN1476
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 18
  • Fireplace: No
  • Flooring: Unit 2(Hardwood Floors), Unit 3(Hardwood Floors), Unit 4(Hardwood Floors)
  • Stories: 6

Exterior Features

  • Roof: Shingle
  • Exterior Features: Storage
  • Foundation Details: Stone
  • Construction Type: Frame
  • Disclosures: Please See Gross Rental Income Breakdown On Mls Clip If Fully Rented. Please See Mls# 72910498 For Additional Opportunity. Buyer And Buyer’s Agent Must Verify All Information And Perform Their Own Due Diligence. Showings Are Subject To State's Covid-19 Orders, Recommendations And Guidance.
  • Patio And Porch Features: Porch
  • Waterfront: No

Garage/Parking

  • Parking Features: Shared Driveway
  • Open Parking: Yes
  • Total Parking Spaces: 4

Utilities

  • HEAT ZONES: 4
  • COOLING ZONES: 0
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Park, T-Station

Schools

  • Middle Or Junior School: Mccarthy

Lot Info

  • LOT SIZE: 5360
  • Farm Land Area Units: Square Feet
  • Lot Size Sq Ft: 5227.2
  • Zoning: M2001

Multi Family

  • LEVELS 1: 2
  • LEVELS 4: 2
  • LEVELS 3: 1
  • LEASE 4: Y
  • LEASE 3: Y
  • LEASE 2: Y
  • LEASE 1: Y
  • FLRS 3: 1
  • Annual Gross Income: 84000
  • Property Net Operating Income: 84000
  • Number Of Units Total: 4
  • Total Actual Rent: 7000

Tax Info

  • Tax Annual Amount: 8215
  • Tax Book Number: 23531
  • Tax Year: 2021
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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 List to Sale Price per Sq Ft
12/13/2021 12/13/21 Sold $900,000 0.0% $159 / Sq Ft
10/26/2021 10/26/21 Pending -- -- --
10/20/2021 10/20/21 For Sale $899,900 -- $159 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

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 $9,882 $860,800 $108,200 $752,600
2024 $9,827 $825,100 $101,100 $724,000
2023 $10,084 $811,900 $87,900 $724,000
2022 $8,807 $694,000 $79,900 $614,100
2021 $8,215 $610,300 $69,500 $540,800
2020 $8,017 $600,100 $59,300 $540,800
2019 $6,498 $462,800 $52,300 $410,500
2018 $5,562 $435,900 $49,900 $386,000
2017 $5,585 $374,300 $45,300 $329,000
2016 $5,674 $374,300 $45,300 $329,000
2015 $4,997 $322,800 $46,700 $276,100
2013 $4,075 $271,500 $62,100 $209,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72910503

MLS Property Information Network (MLS PIN)
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