Seller's Agent in 2023
Paul Brouillette
Laer Realty
(978) 852-3001
8 in this area
143 Total Sales
237 Branch St Lowell, MA 01851
Highlands Neighborhood
7
Beds
9
Baths
5,528
Sq Ft
7,739
Sq Ft Lot
Highlights
- Medical Services
- Corner Lot
- Shops
- Property is near public transit and schools
- Tankless Water Heater
- Coin Laundry
About This Home
As of January 2023Busy barbershop on 1st level. Four additional units include a 2 room unit, a 4 room unit, a 3 room unit and a 3 room storefront (barber shop) located on the ground floor. Rents are $700, $850, $1000, and $1200, respectively. Fully occupied TAW. Most prefer to stay. Heating system is 3 years old. Seller pays heat. Convenient location, 10 off street parking. Great investment opportunity!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $7,500
Year Built
- Built in 1900
Lot Details
- 7,739 Sq Ft Lot
- Corner Lot
Home Design
- 5,528 Sq Ft Home
- Stone Foundation
- Frame Construction
- Slate Roof
Bedrooms and Bathrooms
- 7 Bedrooms
- 9 Full Bathrooms
Parking
- 10 Car Parking Spaces
- Off-Street Parking
Location
- Property is near public transit and schools
Utilities
- No Cooling
- Heating Available
- 100 Amp Service
- Tankless Water Heater
- Gas Water Heater
Listing and Financial Details
- Total Actual Rent $8,500
- Rent includes unit 1(gas water), unit 2(heat water), unit 3(heat water), unit 4(heat water)
- Assessor Parcel Number M:103 B:750 L:237,3180463
Community Details
Overview
- 9 Units
- Property has 1 Level
Amenities
- Medical Services
- Shops
- Coin Laundry
Building Details
- Electric Expense $2,100
- Insurance Expense $5,600
- Water Sewer Expense $2,400
- Operating Expense $29,900
- Net Operating Income $72,100
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
Sep 6, 2024
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
$731,250
Interest Rate
6.78%
Mortgage Type
Commercial
Purchase Details
Listed on
Apr 1, 2022
Closed on
Jan 12, 2023
Sold by
Bought by
Seller's Agent
Paul Brouillette
LAER Realty Partners
Buyer's Agent
Paul Brouillette
LAER Realty Partners
List Price
$999,900
Sold Price
$825,000
Premium/Discount to List
-$174,900
-17.49%
Views
77
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$945,000
Interest Rate
6.49%
Mortgage Type
Purchase Money Mortgage
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Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|
| $975,000 | None Available | ||
| $825,000 | None Available |
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 |
|---|---|---|---|
| Closed | $731,250 | ||
| Previous Owner | $945,000 | ||
| Previous Owner | $400,000 | ||
| Previous Owner | $390,000 |
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 |
|---|---|---|---|---|
| 01/12/2023 01/12/23 | Sold | $825,000 | -13.2% | $149 / Sq Ft |
| 10/04/2022 10/04/22 | Pending | -- | -- | -- |
| 08/16/2022 08/16/22 | Price Changed | $950,000 | -5.0% | $172 / Sq Ft |
| 07/25/2022 07/25/22 | Price Changed | $999,900 | 0.0% | $181 / Sq Ft |
| 07/25/2022 07/25/22 | For Sale | $999,900 | +21.2% | $181 / Sq Ft |
| 06/15/2022 06/15/22 | Off Market | $825,000 | -- | -- |
| 05/02/2022 05/02/22 | For Sale | $1,250,000 | +51.5% | $226 / Sq Ft |
| 04/01/2022 04/01/22 | Off Market | $825,000 | -- | -- |
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 | $8,344 | $726,800 | $162,700 | $564,100 |
| 2024 | $6,505 | $546,200 | $152,000 | $394,200 |
| 2023 | $6,227 | $501,400 | $132,200 | $369,200 |
| 2022 | $0 | $478,600 | $120,200 | $358,400 |
| 2021 | $0 | $445,200 | $104,600 | $340,600 |
| 2020 | $5,471 | $409,500 | $104,600 | $304,900 |
| 2019 | $0 | $391,100 | $96,900 | $294,200 |
| 2018 | $0 | $361,400 | $92,300 | $269,100 |
| 2017 | $0 | $341,100 | $83,900 | $257,200 |
| 2016 | $4,797 | $316,300 | $98,900 | $217,400 |
| 2015 | $4,797 | $316,300 | $98,900 | $217,400 |
| 2013 | $4,797 | $319,600 | $109,900 | $209,700 |
Source: Public Records
Agents Affiliated with this Home
-
Paul Brouillette
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 72952544
APN: LOWE M:000103 T:C05120
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.
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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