NOT LISTED FOR SALE

244 Concord St Lowell, MA 01852

Lower Belvidere Neighborhood
14 Beds
6 Baths
6,359 Sq Ft
4,356 Sq Ft Lot

Last Sold June 07, 2024

Last sale price $1,160,000 $182 Per Sq Ft

12 Days on Market

About This Home

As of June 2024

Located 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.

Last Agent to Sell the Property

Kevin Benzinger

Boston Realty Advisors Listed on: 04/02/2024

Last Buyer's Agent

Kevin Benzinger

Boston Realty Advisors Listed on: 04/02/2024

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1900

Lot Details

  • 4,356

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

Property Details

Home Type

Multi-Family

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 5-9 Family
  • Year Built: 1900
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • Compensation Based On: Gross/Full Sale Price
  • APOD AVAILABLE: Yes
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 9

Interior Features

  • Flooring: Other
  • Fireplace YN: No
  • Total Bedrooms: 14
  • Full Bathrooms: 6
  • Total Bathrooms: 6
  • Basement: Unfinished
  • Living Area: 6359
  • Spa YN: No
  • Stories Total: 9
  • MAIN LO: AN8461
  • MAIN SO: AN8461

Exterior Features

  • Exterior Features: Outdoor Gas Grill Hookup
  • Foundation Details: Other
  • Home Warranty YN: No
  • Road Frontage Type: Public
  • Waterfront YN: No
  • Waterview Flag: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Off Street, Tandem, On Street, Paved
  • Total Parking Spaces: 2

Utilities

  • Sewer: Public Sewer
  • Utilities: Outdoor Gas Grill Hookup
  • Electric: Other (See Remarks)
  • Water Source: Public
  • Hot Water: Natural Gas

Condo/Co-op/Association

  • Senior Community YN: No

Lot Info

  • Parcel Number: M09920
  • Zoning: 99
  • Farm Land Area Units: Square Feet
  • Lot Features: Other
  • Lot Size Acres: 0.1
  • Lot Size Sq Ft: 4356
  • Lot Size Units: Acres
  • ResoLotSizeUnits: Acres

Green Features

  • Green Energy Efficient: Other (See Remarks)

Multi Family

  • Insurance Expense: 7900
  • Net Operating Income: 75480
  • Number Of Units Total: 6
  • Operating Expense: 45384
  • Total Actual Rent: 10000
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 4: 1
  • LEVELS 3: 1
  • LEASE 4: Y
  • LEASE 3: Y
  • LEASE 2: Y
  • LEASE 1: Y
  • FLRS 3: 3

Tax Info

  • Tax Annual Amount: 99

Range of Values:

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Average Value
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List Price
Sold Price
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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
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)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Kevin Benzinger

    Seller's Agent in 2024

    Kevin Benzinger

    Boston Realty Advisors

    (617) 375-7900

    1 in this area

    50 Total Sales

    Kevin Benzinger
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73218840

MLS Property Information Network (MLS PIN)
Massachusetts Middlesex County Lowell 01852 Lower Belvidere

244 Concord St, Lowell, MA

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MLS Property Information Network (MLS PIN) 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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