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

Sale Details

Date 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

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

Closed on
Mar 7, 2022
Sold by
Bought by

Purchase Details

Listed on
Oct 20, 2021
Closed on
Dec 13, 2021
Sold by
Bought by
Seller's Agent
Michelle Walker
Gibson Sotheby's International Realty
Buyer's Agent
Oren Mael
Sapphire Real Estate
List Price
$899,900
Sold Price
$900,000
Premium/Discount to List
$100
0.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$675,000
Interest Rate
0.0314%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 2, 2018
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$451,500
Interest Rate
0.045%
Mortgage Type
Unknown

Purchase Details

Closed on
Feb 6, 2006
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$114,975
Interest Rate
0.0631%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 27, 1995
Sold by
Bought by
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
-- None Available
$900,000 None Available
-- --
$459,900 --
$100,000 --
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
Previous Owner $675,000
Closed $249,900
Previous Owner $451,500
Closed $114,975
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
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

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 $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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