NOT LISTED FOR SALE

375 E Merrimack St Lowell, MA 01852

Belvidere Neighborhood

Estimated Value: $507,000 - $622,000

4 Beds
2 Baths
1,890 Sq Ft
$298/Sq Ft Est. Value

Last Sold October 12, 2023

Last sale price $580,000 $307 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $3,388/month

2 Days on Market

Highlights

  • Medical Services
  • Wood Flooring
  • Laundry Room
  • Property is near public transit
  • Park
  • 3-minute walk to Kittredge Park

About This Home

As of October 2023

Meticulously maintained two family with thoughtful updates. Both units have separate utilities, central AC was installed in 2018, and the first floor has a brand-new hot water heater. Downstairs has an expansive living room that is open to the modern kitchen. The entire unit just had floors washed and waxed, and appliances updated, including a brand new stove. Both of the bedrooms are generous in both size and storage boasting brand new carpets. A full bath and laundry room round out the first floor. The upstairs is bright and sunny. The eat-in kitchen is complete with modern appliances, and enough room for a breakfast bar. The upstairs has access to the brand-new fire escape. Gorgeous, well-maintained hardwood floors can be found throughout the home. The exterior is fully fenced-in, with two separate storage sheds, one for each unit. Its proximity to shopping, dining, and I-495, make this turn-key investment a must-see! Seller will leave lawn mower and snow blower.

Last Agent to Sell the Property

Ian Handel

Ian Handel Real Estate LLC Listed on: 08/08/2023

Last Buyer's Agent

Brian McMahon

RE/MAX Innovative Properties

RE/MAX Innovative Properties

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,985

Year Built

  • Built in 1900

Lot Details

  • 5,171 Sq Ft Lot
  • Fenced
  • Level Lot

Home Design

  • Duplex
  • Stone Foundation
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 1,890 Sq Ft Home
  • Property has 1 Level
  • Wood Flooring

Kitchen

  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Washer

Parking

  • 2 Car Parking Spaces
  • On-Street Parking
  • Open Parking

Additional Features

  • Bulkhead
  • Property is near public transit
  • Heating Available

Listing and Financial Details

  • Total Actual Rent $1,750
  • Legal Lot and Block 375 / 1950
  • Assessor Parcel Number M:199 B:1950 L:375,5035306

Community Details

Amenities

  • Medical Services
  • Shops

Recreation

  • Park

Additional Features

  • 2 Units
  • Net Operating Income $21,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,985

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 2 Family - 2 Units Up/Down
  • Year Built: 1900
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 2

Interior Features

  • Flooring: Wood
  • Interior Amenities: Unit 1 Rooms(Living Room,Kitchen), Unit 2 Rooms(Living Room)
  • Fireplace YN: No
  • Appliances: Unit 1(Range,Dishwasher,Microwave,Refrigerator,Washer,Dryer), Unit 2(Range,Dishwasher,Microwave,Refrigerator,Washer,Dryer)
  • Total Bedrooms: 4
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Laundry Features: Unit 1 Laundry Room
  • Basement: Bulkhead
  • Living Area: 1890
  • Spa YN: No
  • Stories Total: 2
  • MAIN LO: AN7331
  • MAIN SO: AN3560

Exterior Features

  • Exterior Features: Storage Shed,Fenced Yard
  • Construction Materials: Frame
  • Fencing: Fenced/Enclosed, Fenced
  • Foundation Details: Stone
  • Home Warranty YN: No
  • Road Frontage Type: Public
  • Roof: Shingle
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: On Street
  • Total Parking Spaces: 2

Utilities

  • Sewer: Public Sewer
  • Heating: Unit 1(Forced Air)
  • Electric: Circuit Breakers
  • Heating YN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Park, Medical Facility, Highway Access
  • Senior Community YN: No

Lot Info

  • Parcel Number: M:199 B:1950 L:375,5035306
  • Zoning: TMF
  • Farm Land Area Units: Square Feet
  • Lot Features: Level
  • Lot Size Acres: 0.12
  • Lot Size Sq Ft: 5171
  • Lot Size Units: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 4985
  • Tax Block: 1950
  • Tax Lot: 375

Multi Family

  • Net Operating Income: 21000
  • Number Of Units Total: 2
  • Total Actual Rent: 1750
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEASE 2: N
  • LEASE 1: N

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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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
10/12/2023 10/12/23 Sold $580,000 +8.4% $307 / Sq Ft
08/11/2023 08/11/23 Pending -- -- --
08/08/2023 08/08/23 For Sale $535,000 -- $283 / 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 $5,672 $494,100 $140,000 $354,100
2024 $5,431 $456,000 $142,800 $313,200
2023 $4,985 $401,400 $119,600 $281,800
2022 $4,617 $363,800 $108,700 $255,100
2021 $4,283 $318,200 $94,500 $223,700
2020 $4,020 $300,900 $94,500 $206,400
2019 $3,621 $257,900 $82,400 $175,500
Source: Public Records

Agents Affiliated with this Home

  • Ian Handel

    Seller's Agent in 2023

    Ian Handel

    Ian Handel Real Estate LLC

    (603) 560-2214

    2 in this area

    145 Total Sales

    Ian Handel
    Section Image
  • Brian McMahon

    Buyer's Agent in 2023

    Brian McMahon

    RE/MAX

    (978) 853-4722

    25 in this area

    89 Total Sales

    Brian McMahon
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73146051

MLS Property Information Network (MLS PIN)

APN: LOWE-199 1950 375

Massachusetts Middlesex County Lowell 01852 Belvidere

375 E Merrimack St, Lowell, MA

Not Listed for Sale

MultiFamily

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