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

Sale Details

Date 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

2,033 Sq Ft Lot

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

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

Listed on
Apr 3, 2024
Closed on
Jul 15, 2024
Sold by
Bought by
Seller's Agent
Glorisell Ortega
View Real Estate Group
Buyer's Agent
Angel Rivas
View Real Estate Group
List Price
$615,000
Sold Price
$600,000
Premium/Discount to List
-$15,000
-2.44%
Views
3914

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$589,132
Interest Rate
0.0612%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 29, 2022
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
$375,750
Interest Rate
0.0416%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 25, 2013
Sold by
Bought by

Purchase Details

Closed on
Dec 2, 2011
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
$600,000 None Available
$501,000 None Available
$85,000 --
$140,000 --
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
Open $589,132
Previous Owner $375,750
Closed $1,839,700
Previous Owner $28,000
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
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

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 $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)
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