NOT LISTED FOR SALE
4 Beds
5 Baths
2,520 Sq Ft
2,033 Sq Ft Lot

Last Sold July 15, 2024

Last sale price $600,000 $238 Per Sq Ft

46 Days on Market

Highlights

  • Medical Services
  • Property is near public transit and schools
  • Shops
  • City View
  • Park
  • Coin Laundry

About This Home

As of July 2024

Prime Investment Opportunity! Fully Tenanted Multi-Family Property. Welcome to this lucrative investment opportunity in the heart of Lowell. This multi-family property boasts four units, each offering comfortable living spaces. Fully Tenanted & Hassle-Free, ensuring immediate cash flow for savvy investors. With reliable tenants already in place, enjoy the convenience of hassle-free management. Possible added space in unfinished basement.

Last Agent to Sell the Property

Glorisell Ortega

View Real Estate Group Listed on: 04/03/2024

Last Buyer's Agent

Angel Rivas

View Real Estate Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,321

Year Built

  • Built in 1880

Lot Details

  • 2,033 Sq Ft Lot
  • Level Lot

Home Design

  • Quadruplex
  • Stone Foundation
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 2,520 Sq Ft Home
  • City Views
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Range

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 5 Full Bathrooms

Location

  • Property is near public transit and schools

Listing and Financial Details

  • Assessor Parcel Number M:137 B:950 L:26,3185149

Community Details

Overview

  • 4 Units
  • Property has 1 Level

Amenities

  • Medical Services
  • Shops
  • Coin Laundry

Recreation

  • Park

Building Details

  • Net Operating Income $58,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,321

Year Built

Built in 1880

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 4 Family - 4 Units Side by Side
  • Year Built: 1880
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 6

Interior Features

  • Fireplace YN: No
  • Appliances: Range, Refrigerator
  • Total Bedrooms: 4
  • Full Bathrooms: 5
  • Total Bathrooms: 5
  • Basement: Full, Unfinished
  • Living Area: 2520
  • Spa YN: No
  • Stories Total: 6
  • MAIN LO: AN7777
  • MAIN SO: AN7777

Exterior Features

  • Construction Materials: Frame
  • Foundation Details: Stone
  • Home Warranty YN: No
  • Road Frontage Type: Public
  • Roof: Shingle
  • View: City View(s)
  • View YN: Yes
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Hot Water: Natural Gas

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Park, Medical Facility, Laundromat, Highway Access, Private School, Public School, University
  • Senior Community YN: No

Lot Info

  • Parcel Number: M:137 B:950 L:26,3185149
  • Zoning: UMU
  • Farm Land Area Units: Square Feet
  • Lot Features: Level
  • Lot Size Acres: 0.05
  • Lot Size Sq Ft: 2033
  • Lot Size Units: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 5321

Multi Family

  • Net Operating Income: 58200
  • Number Of Units Total: 4
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 3: 2
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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
07/15/2024 07/15/24 Sold $600,000 -2.4% $238 / Sq Ft
05/20/2024 05/20/24 Pending -- -- --
05/01/2024 05/01/24 For Sale $615,000 0.0% $244 / Sq Ft
04/23/2024 04/23/24 Pending -- -- --
04/03/2024 04/03/24 For Sale $615,000 -- $244 / 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 $5,301 $461,800 $77,900 $383,900
2024 $5,207 $437,200 $67,600 $369,600
2023 $5,321 $428,400 $58,800 $369,600
2022 $4,669 $367,900 $53,500 $314,400
2021 $4,362 $324,100 $46,500 $277,600
2020 $4,263 $319,100 $41,500 $277,600
2019 $3,518 $250,600 $38,400 $212,200
2018 $3,054 $236,600 $36,600 $200,000
2017 $3,054 $204,700 $33,300 $171,400
2016 $3,053 $201,400 $30,000 $171,400
2015 $2,706 $174,800 $30,000 $144,800
2013 $2,336 $155,600 $41,500 $114,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73219283

MLS Property Information Network (MLS PIN)