NOT LISTED FOR SALE
9 Beds
3 Baths
3,202 Sq Ft
5,930 Sq Ft Lot

Last Sold August 08, 2022

Last sale price $700,000 $219 Per Sq Ft

90 Days on Market

Highlights

  • City View
  • Property is near public transit
  • Park
  • 0.14 Acre Lot
  • Wood Flooring
  • 2 Car Garage

About This Home

As of August 2022

Huge Price drop! Attention Investors, Best "Package" being offered in Lowell. This Includes - a detached single family with updated kitchen and appliances a full bath large living room and 3 spacious bedrooms. The 2 family has three bedrooms each unit and the second floor has a finished room in the attic and has a newer roof .The second floor unit has many updates including flooring, appliances, kitchens and bath, Both buildings have carefree vinyl siding and windows and roof on both buildings are only 6-7 yrs young. Across the street there is a separate property with a 2-car garage and 9-10 parking spots which is huge in this neighborhood where off street parking is at a premium. All three units are fully rented and all tenants are TAW and rents could be higher. This place is a money maker for sure. Close to Train station and highways, this is a great deal! Showings for this from 3:00 PM to 6:30 PM daily or contact listing agent for an appointment.

Last Agent to Sell the Property

Kevin Durkin

LAER Realty Partners Listed on: 04/08/2022

LAER Realty Partners

Last Buyer's Agent

Joshua Lioce

Lioce Properties Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,159

Year Built

  • Built in 1900

Lot Details

  • 5,930 Sq Ft Lot

Parking

  • 2 Car Garage
  • Common or Shared Parking
  • Open Parking
  • Off-Street Parking

Home Design

  • Stone Foundation
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 3,202 Sq Ft Home
  • Property has 2 Levels
  • Insulated Windows
  • City Views
  • Electric Dryer Hookup

Flooring

  • Wood
  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 3 Full Bathrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry

Location

  • Property is near public transit
  • Property is near schools

Utilities

  • No Cooling
  • Heating Available
  • Separate Meters
  • 100 Amp Service
  • Gas Water Heater

Listing and Financial Details

  • Total Actual Rent $4,750
  • Rent includes unit 1(water), unit 2(water), unit 3(water)

Community Details

Recreation

  • Park

Building Details

  • Insurance Expense $1,546
  • Water Sewer Expense $1,289
  • Operating Expense $8,076
  • Net Operating Income $47,124

Additional Features

  • 3 Units
  • Coin Laundry

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,159

Year Built

Built in 1900

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 3 Family
  • Year Built: 1900
  • Buyer Agency: 2
  • Buyer Agency Type: %
  • Transaction Broker: 2
  • Transaction Broker Type: %
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: Yes
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Stories: 3

Interior Features

  • Flooring: Wood,Carpet,Laminate, Unit 2(Hardwood Floors), Unit 3(Hardwood Floors)
  • Interior Amenities: Unit 1 Rooms(Living Room,Dining Room,Kitchen), Unit 2 Rooms(Living Room,Dining Room,Kitchen), Unit 3 Rooms(Living Room)
  • Fireplace YN: No
  • Appliances: Unit 1(Range,Refrigerator), Unit 2(Refrigerator), Gas Water Heater, Utility Connections for Electric Dryer
  • Total Bedrooms: 9
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Total Bathrooms: 3
  • Basement: Full, Interior Entry, Unfinished
  • Living Area: 3202
  • Stories Total: 3
  • Window Features: Insulated Windows
  • MAIN LO: AN1199
  • LIST PRICE PER Sq Ft: 229.51
  • PRICE PER Sq Ft: 218.61
  • MAIN SO: BB5301

Exterior Features

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

Garage/Parking

  • Garage Spaces: 2
  • Covered Parking Spaces: 2
  • Garage YN: Yes
  • Open Parking YN: Yes
  • Parking Features: Off Street, Common, Paved
  • Total Parking Spaces: 6

Utilities

  • Sewer: Public Sewer
  • Utilities: for Electric Dryer
  • Cooling: Unit 1(None)
  • Heating: Unit 1(Electric Baseboard,Hot Water Radiators,Gas), Unit 2(Hot Water Baseboard,Gas)
  • Cooling Y N: No
  • Electric: Circuit Breakers, 100 Amp Service, Individually Metered
  • Heating YN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Public Transportation, Park, Laundromat, Highway Access, House of Worship, Public School, T-Station, University, Sidewalks
  • Rent Includes: Unit 1(Water), Unit 2(Water), Unit 3(Water)
  • Senior Community YN: No

Fee Information

  • Water Sewer Expenses: 1289

Lot Info

  • Zoning: res
  • Farm Land Area Units: Square Feet
  • Lot Features: Other
  • Lot Size Acres: 0.14
  • Lot Size Area: 0.14
  • Lot Size Sq Ft: 5930
  • Lot Size Units: Acres
  • PAGE: 167

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 6159.48
  • Tax Book Number: 109

Multi Family

  • Gross Income: 55200
  • Insurance Expense: 1546
  • Net Operating Income: 47124
  • Number Of Units Total: 3
  • Operating Expense: 8076
  • Total Actual Rent: 4750
  • LEVELS 1: 2
  • Basement Included Sq Ft: No
  • LEVELS 2: 1
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 1: 1
  • FLRS 2: 1

Range of Values:

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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 Change Sq Ft Price
08/08/2022 08/08/22 Sold $700,000 -4.7% $219 / Sq Ft
07/08/2022 07/08/22 Pending -- -- --
05/31/2022 05/31/22 Price Changed $734,900 -6.4% $230 / Sq Ft
05/13/2022 05/13/22 Price Changed $784,900 -1.8% $245 / Sq Ft
05/01/2022 05/01/22 Price Changed $799,000 -2.5% $250 / Sq Ft
04/08/2022 04/08/22 For Sale $819,900 +152.3% $256 / Sq Ft
04/25/2016 04/25/16 Sold $325,000 -25.5% $101 / Sq Ft
03/25/2016 03/25/16 Pending -- -- --
03/09/2016 03/09/16 For Sale $436,500 -- $136 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72964567

MLS Property Information Network (MLS PIN)