NOT LISTED FOR SALE

29 Beacon St Lowell, MA 01850

Centralville Neighborhood
12 Beds
8 Baths
5,766 Sq Ft
0.66 Acres

Last Sold September 30, 2022

Last sale price $1,259,900 $219 Per Sq Ft

9 Days on Market

Highlights

  • Medical Services
  • Deck
  • Wooded Lot
  • 0.66 Acre Lot
  • Property is near public transit and schools
  • 4-minute walk to George McDermott Reservoir

About This Home

As of September 2022

Excellent investor opportunity to grow their portfolio! This 6 unit building consists of 12 bedrooms, 8 bathrooms with all long standing tenants. The 6th unit consists of 3 rooms, 1 bedroom and 1 bath and rents for $900/month. The total gross income = $80,400. This building is situated on a massive lot with ample amount of off street parking on a dead end street. Roof has recently been replaced. Rents are all below market value and tenants are all TAW.Coin-op washer and dryer to stay. *Also includes Book 33546, Page 265.

Last Agent to Sell the Property

Kelli Gilbride

Listed on: 07/25/2022

Last Buyer's Agent

Gerry Goodwiin

G&K Goodwin Associates

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,882

Year Built

  • Built in 1950

Lot Details

  • 0.66 Acre Lot
  • Wooded Lot

Home Design

  • 5,766 Sq Ft Home
  • Brick Exterior Construction
  • Block Foundation
  • Frame Construction
  • Shingle Roof

Flooring

  • Wood
  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 12 Bedrooms

Parking

  • 15 Car Parking Spaces
  • Driveway
  • Open Parking
  • Off-Street Parking

Utilities

  • No Cooling
  • Gas Water Heater

Additional Features

  • Deck
  • Property is near public transit and schools

Listing and Financial Details

  • Total Actual Rent $6,700
  • Rent includes unit 1(heat water hot water), unit 2(heat water hot water), unit 3(heat water hot water), unit 4(heat water hot water)

Community Details

Overview

  • 6 Units
  • Property has 1 Level

Amenities

  • Medical Services
  • Coin Laundry

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,882

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 5+ Family - 5+ Units Up/Down
  • Year Built: 1950
  • Buyer Agency Type: %
  • Transaction Broker Type: %
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 7

Interior Features

  • Flooring: Vinyl,Carpet,Laminate,Hardwood, Unit 1(undefined), Unit 2(Hardwood Floors), Unit 3(Hardwood Floors), Unit 4(Hardwood Floors)
  • Interior Amenities: Unit 1 Rooms(Living Room,Kitchen), Unit 2 Rooms(Living Room,Kitchen), Unit 3 Rooms(Living Room,Kitchen), Unit 4 Rooms(Living Room,Kitchen)
  • Fireplace YN: No
  • Appliances: Unit 1(Range,Refrigerator), Unit 2(Range,Refrigerator), Unit 3(Range,Refrigerator), Unit 4(Range,Refrigerator), Gas Water Heater
  • Total Bedrooms: 12
  • Full Bathrooms: 6
  • Half Bathrooms: 2
  • Total Bathrooms: 8
  • Living Area: 5766
  • Stories Total: 7
  • MAIN LO: D49801
  • MAIN SO: NA9280

Exterior Features

  • Construction Materials: Frame, Brick
  • Foundation Details: Block
  • Home Warranty YN: No
  • Patio And Porch Features: Deck - Wood
  • Road Frontage Type: Public
  • Roof: Shingle
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Off Street
  • Total Parking Spaces: 15

Utilities

  • Sewer: Public Sewer
  • Cooling: Unit 1(None), Unit 2(None), Unit 3(None), Unit 4(None)
  • Cooling Y N: No
  • Electric: Circuit Breakers
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Public Transportation, Medical Facility, Laundromat, House of Worship, Private School, Public School
  • Rent Includes: Unit 1(Heat,Water,Hot Water), Unit 2(Heat,Water,Hot Water), Unit 3(Heat,Water,Hot Water), Unit 4(Heat,Water,Hot Water)
  • Senior Community YN: No

Lot Info

  • Zoning: SSF
  • Farm Land Area Units: Square Feet
  • Lot Features: Wooded
  • Lot Size Acres: 0.66
  • Lot Size Sq Ft: 28956
  • Lot Size Units: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 9882

Multi Family

  • Number Of Units Total: 6
  • Total Actual Rent: 6700
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 4: 1
  • LEVELS 3: 1
  • LEASE 4: N
  • LEASE 3: N
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 3: 1

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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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
09/30/2022 09/30/22 Sold $1,259,900 0.0% $219 / Sq Ft
08/04/2022 08/04/22 Pending -- -- --
07/25/2022 07/25/22 For Sale $1,259,900 -- $219 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Kelli Gilbride

    Seller's Agent in 2022

    Kelli Gilbride

    (978) 866-2174

    16 in this area

    158 Total Sales

    Kelli Gilbride
    Section Image

  • G

    Buyer's Agent in 2022

    Gerry Goodwiin

    G&K Goodwin Associates

    (978) 375-9485

    1 in this area

    2 Total Sales

    Gerry Goodwiin
    Section Image
See All Agents

Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73016695

MLS Property Information Network (MLS PIN)
Massachusetts Middlesex County Lowell 01850 Centralville

29 Beacon St, Lowell, MA

Not Listed for Sale

MultiFamily

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