NOT LISTED FOR SALE

Estimated Value: $731,000 - $806,000

6 Beds
2 Baths
3,250 Sq Ft
$240/Sq Ft Est. Value

Last Sold December 06, 2024

Last sale price $756,000 $233 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $4,713/month

5 Days on Market

Highlights

  • Golf Course Community
  • Medical Services
  • Property is near public transit and schools
  • Community Stables
  • Open Floorplan
  • Wood Flooring

About This Home

As of December 2024

This massive, sunny, and well-maintained two-family home in the Highlands is an excellent investment opportunity! Enjoy the close proximity to the UMass Lowell campus, shopping, dining, entertainment, and easy access to I-495 and Route 3. Both units have three bedrooms, a full bathroom, plenty of living space, separate laundry connections, parking, hardwood floors, updated windows, high ceilings, and multiple large closets. The enormous walk-up attic and unfinished basement provide tons of extra storage space. The exterior features updated vinyl siding, updated windows, and a paved driveway for multiple cars. Unit one has an updated bathroom, updated water heater, fresh paint, refinished hardwood floors, and a new stove. Each unit has separately metered natural gas and electricity. The long-term owner has kept rents well below market value and includes water, sewer, and trash removal. A must-see property for anyone searching for a turn-key opportunity in a highly sought-after location.

Last Agent to Sell the Property

Ian McGovern

Keller Williams Realty Boston Northwest Listed on: 10/24/2024

Keller Williams Realty Boston Northwest

Last Buyer's Agent

Dennis Doung

MyPlace Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,528

Year Built

  • Built in 1910

Lot Details

  • 5,663 Sq Ft Lot
  • Fenced
  • Corner Lot
  • Garden

Home Design

  • Duplex
  • Stone Foundation
  • Frame Construction
  • Slate Roof

Interior Spaces

  • 3,250 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Ceiling Fan
  • Wood Burning Fireplace
  • Insulated Windows
  • Window Screens
  • Living Room
  • Home Office
  • Storage

Kitchen

  • Range
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Full Bathrooms
  • Bathtub with Shower
  • Separate Shower

Laundry

  • Dryer
  • Washer

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry
  • Dirt Floor
  • Block Basement Construction

Parking

  • 3 Car Parking Spaces
  • Paved Parking
  • On-Street Parking
  • Open Parking
  • Off-Street Parking
  • Assigned Parking

Outdoor Features

  • Bulkhead
  • Enclosed Patio or Porch

Schools

  • Lowell Elementary And Middle School
  • Lowell High School

Utilities

  • No Cooling
  • 2 Heating Zones
  • Heating System Uses Natural Gas
  • Individual Controls for Heating
  • Heating System Uses Steam
  • Separate Meters
  • High Speed Internet

Additional Features

  • Energy-Efficient Thermostat
  • Property is near public transit and schools

Listing and Financial Details

  • Total Actual Rent $3,500
  • Rent includes unit 1(water other (see remarks)), unit 2(water other (see remarks))
  • Legal Lot and Block 276 / 4655
  • Assessor Parcel Number M:89 B:4655 L:276,3178610

Community Details

Overview

  • 2 Units
  • Near Conservation Area

Amenities

  • Medical Services
  • Shops
  • Coin Laundry

Recreation

  • Golf Course Community
  • Tennis Courts
  • Community Pool
  • Park
  • Community Stables
  • Jogging Path
  • Bike Trail

Building Details

  • Insurance Expense $2,000
  • Water Sewer Expense $1,376
  • Operating Expense $4,900
  • Net Operating Income $37,100

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,528

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 2 Family - 2 Units Up/Down
  • Year Built: 1910
  • Year Built Details: Actual,Renovated Since
  • Year Round: Yes
  • APOD AVAILABLE: Yes
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: VirtualTour
  • Stories: 3

Interior Features

  • Flooring: Vinyl, Carpet, Hardwood
  • Interior Amenities: Ceiling Fan(s), Pantry, Lead Certification Available, Storage, High Speed Internet, Bathroom with Shower Stall, Open Floorplan, Remodeled, Other, Bathroom With Tub & Shower, Living Room, Kitchen, Laundry Room, Office/Den
  • Fireplace Features: Wood Burning
  • Fireplace YN: Yes
  • Fireplaces: 1
  • Appliances: Range, Refrigerator, Dishwasher, Washer, Dryer
  • Total Bedrooms: 6
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Laundry Features: Washer Hookup, Dryer Hookup, Electric Dryer Hookup
  • Basement: Full, Interior Entry, Bulkhead, Dirt Floor, Concrete, Unfinished
  • Living Area: 3250
  • Spa YN: No
  • Stories Total: 3
  • Window Features: Insulated Windows, Screens
  • MAIN LO: BB3298
  • MAIN SO: G95216

Exterior Features

  • Exterior Features: Garden
  • Construction Materials: Frame
  • Fencing: Fenced
  • Foundation Details: Stone
  • Home Warranty YN: No
  • Patio And Porch Features: Porch, Enclosed
  • Road Frontage Type: Public
  • Road Surface Type: Paved
  • Roof: Slate
  • Waterfront YN: No
  • Waterview Flag: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Off Street, On Street, Assigned, Paved
  • Total Parking Spaces: 3

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Range, for Electric Range, for Gas Oven, for Electric Oven, for Electric Dryer, Washer Hookup, Varies per Unit
  • Cooling: None
  • Heating: Steam, Natural Gas, Unit Control
  • Cooling Y N: No
  • Electric: Circuit Breakers, Individually Metered
  • Heating YN: Yes
  • Water Source: Public
  • HEAT UNITS: 2
  • HEAT ZONES: 2
  • COOLING ZONES: 0
  • Hot Water: Natural Gas, Tank

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Pool, Tennis Court(s), Park, Walk/Jog Trails, Stable(s), Golf, Medical Facility, Laundromat, Bike Path, Conservation Area, Highway Access, House of Worship, Private School, Public School, T-Station, University, Other, Sidewalks
  • Rent Includes: Unit 1(Water,Other (See Remarks)), Unit 2(Water,Other (See Remarks))
  • Senior Community YN: No

Fee Information

  • Water Sewer Expenses: 1376

Lot Info

  • Parcel Number: M:89 B:4655 L:276,3178610
  • Zoning: TSF
  • Farm Land Area Units: Square Feet
  • Lot Features: Corner Lot
  • Lot Size Acres: 0.13
  • Lot Size Sq Ft: 5663
  • Lot Size Units: Acres
  • ResoLotSizeUnits: Acres

Green Features

  • Green Energy Efficient: Thermostat

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 7528
  • Tax Block: 4655
  • Tax Lot: 276

Multi Family

  • Insurance Expense: 2000
  • Net Operating Income: 37100
  • Number Of Units Total: 2
  • Operating Expense: 4900
  • Total Actual Rent: 3500
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEASE 2: N
  • LEASE 1: Y

MLS Schools

  • High School: Lowell
  • Elementary School: Lowell
  • Middle Or Junior School: Lowell

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 24, 2018
Sold by
Finn Brendan F
Bought by
Finn Brendan F and Finn Alina B
Current Estimated Value
$780,201

Purchase Details

Closed on
Sep 5, 2006
Sold by
Mangiavas Richard
Bought by
Finn Brendan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$292,000
Interest Rate
6.83%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

Purchase History

Date Buyer Sale Price Title Company
Finn Brendan F -- --
Finn Brendan F -- --
Finn Brendan $365,000 --
Finn Brendan $365,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Finn Brendan $292,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/06/2024 12/06/24 Sold $756,000 +8.3% $233 / Sq Ft
10/29/2024 10/29/24 Pending -- -- --
10/24/2024 10/24/24 For Sale $698,000 -- $215 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Tax History Compared to Growth

Source: Public Records

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 $8,085 $704,300 $159,800 $544,500
2024 $7,528 $632,100 $150,700 $481,400
2023 $7,000 $563,600 $131,000 $432,600
2022 $6,477 $510,400 $119,200 $391,200
2021 $6,003 $446,000 $103,600 $342,400
2020 $5,524 $413,500 $98,000 $315,500
2019 $5,002 $356,300 $95,100 $261,200
2018 $4,668 $324,400 $90,600 $233,800
2017 $4,298 $288,100 $74,800 $213,300
2016 $4,268 $281,500 $71,300 $210,200
2015 $3,940 $254,500 $71,300 $183,200
2013 $3,580 $238,500 $83,400 $155,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73305941

MLS Property Information Network (MLS PIN)

APN: LOWE-000089-004655-000276