S
Seller's Agent in 2015
Salihu Mohammed
Dick Lepine Real Estate,Inc.
(978) 937-4044
3 in this area
33 Total Sales
37 S Whipple St Lowell, MA 01852
Sacred Heart NeighborhoodEstimated Value: $396,000 - $436,000
24
Beds
6
Baths
7,878
Sq Ft
$53/Sq Ft
Est. Value
Highlights
- Corner Lot
- Porch
- 3-minute walk to Father Kirwin Playground
About This Home
As of April 2015Calling on all serious investors!! A chance for a good return on your investment!! Do the math and check your numbers!! Nothing but good cash flow!! Check out this solid, large, vinyl sided 6-unit building with 4 bedrooms in each unit: 24 bedrooms total. Completely separate utilities, lead certs, laundry area with hookups in each unit. Presently, each unit rents for $1,000.00 per month with each tenant paying their own utilities. Potential to increase rents to be commensurate with current market rates for 4 bedroom rentals. Conveniently located close to everything: shopping, parks, restaurants and minutes away from major highways (Rte. 3, 93 & 495). Property is not a short sale or bank owned and can close quickly. This property is a must see.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,665
Year Built
- Built in 1900
Lot Details
- 3,485 Sq Ft Lot
- Corner Lot
Home Design
- 7,878 Sq Ft Home
- Stone Foundation
- Frame Construction
- Rubber Roof
- Concrete Perimeter Foundation
Bedrooms and Bathrooms
- 24 Bedrooms
- 6 Full Bathrooms
Basement
- Basement Fills Entire Space Under The House
- Interior Basement Entry
Outdoor Features
- Porch
Utilities
- Natural Gas Connected
- Gas Water Heater
Listing and Financial Details
- Total Actual Rent $6,000
Community Details
Overview
- 6 Units
- Property has 1 Level
Building Details
- Net Operating Income $54,875
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Oct 26, 2009
Sold by
Young Gary R and Young Joyce L
Bought by
Bloomgren Thure
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$139,329
Interest Rate
5.09%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jan 27, 1987
Sold by
Nunes Manuel
Bought by
Young Gary R
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Bloomgren Thure | $141,900 | -- | |
| Bloomgren Thure | $141,900 | -- | |
| Young Gary R | $108,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Young Gary R | $123,691 | |
| Closed | Young Gary R | $142,410 | |
| Closed | Bloomgren Thure | $139,329 | |
| Previous Owner | Young Gary R | $79,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/21/2015 04/21/15 | Sold | $469,000 | -2.3% | $60 / Sq Ft |
| 03/22/2015 03/22/15 | Pending | -- | -- | -- |
| 12/22/2014 12/22/14 | For Sale | $479,900 | -- | $61 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
Tax History Compared to Growth
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 | $4,188 | $364,800 | $102,300 | $262,500 |
| 2024 | $4,046 | $339,700 | $92,300 | $247,400 |
| 2023 | $3,825 | $308,000 | $80,300 | $227,700 |
| 2022 | $3,403 | $268,200 | $63,300 | $204,900 |
| 2021 | $3,179 | $236,200 | $55,000 | $181,200 |
| 2020 | $2,912 | $218,000 | $45,900 | $172,100 |
| 2019 | $2,659 | $189,400 | $42,500 | $146,900 |
| 2018 | $2,599 | $180,600 | $40,400 | $140,200 |
| 2017 | $2,636 | $176,700 | $44,100 | $132,600 |
| 2016 | $2,514 | $165,800 | $44,400 | $121,400 |
| 2015 | $2,427 | $156,800 | $44,400 | $112,400 |
| 2013 | $2,106 | $140,300 | $51,200 | $89,100 |
Source: Public Records
Agents Affiliated with this Home
-
Salihu Mohammed
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 71778604
APN: LOWE-000204-005170-000037
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.
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