244 Concord St Lowell, MA 01852
Lower Belvidere Neighborhood
14
Beds
6
Baths
6,359
Sq Ft
4,356
Sq Ft Lot
About This Home
As of June 2024Located in Lowell, Massachusetts, this multifamily property is well positioned in-between three major highways and offers quick and convenient access to downtown Boston in just 40 minutes via the commuter rail. The property consists of 6 units across +/- 6,300 SF, featuring a mix of one- and three- bedroom units that range in size between 700 and 1,000 square feet. The property features two off-street tandem style parking spaces and outdoor space in the rear of the building for its residents to enjoy. 244-246 Concord Street represents a value-add opportunity for both investors and end users through unit renovations and upgrades to common areas.
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1900
Home Design
- 6,359 Sq Ft Home
Bedrooms and Bathrooms
- 14 Bedrooms
- 6 Full Bathrooms
Parking
- 2 Car Parking Spaces
- Tandem Parking
- Paved Parking
- On-Street Parking
- Open Parking
- Off-Street Parking
Additional Features
- Outdoor Gas Grill
- 4,356 Sq Ft Lot
- Unfinished Basement
Listing and Financial Details
- Total Actual Rent $10,000
- Assessor Parcel Number M09920
Community Details
Overview
- 6 Units
- Property has 1 Level
Building Details
- Insurance Expense $7,900
- Operating Expense $45,384
- Net Operating Income $75,480
Map
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/07/2024 06/07/24 | Sold | $1,160,000 | +5.5% | $182 / Sq Ft |
| 04/15/2024 04/15/24 | Pending | -- | -- | -- |
| 04/02/2024 04/02/24 | For Sale | $1,100,000 | -- | $173 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
Similar Home in Lowell, MA
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73218840
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