Seller's Agent in 2023
Patrick Hermans
J. Borstell Real Estate, Inc.
(978) 580-7157
1 in this area
48 Total Sales
4 Oak St Lowell, MA 01852
Belvidere Neighborhood
8
Beds
4
Baths
3,864
Sq Ft
2,815
Sq Ft Lot Lot
Highlights
- Medical Services
- Jogging Path
- Tile Flooring
- Property is near public transit and schools
- Park
- 5-minute walk to Kittredge Park
About This Home
As of January 2023Large 4-family in lower Belvidere, a great location, just off of Nesmith street with private entrances for each unit and separately metered. Conveniently close to the hospital, golf course, public transportation with the nearby bus and train stop, as well as being within walking distance of the Rogers Fort Hill Park where there are walking and biking trails to enjoy. The property sits on a quiet street with reserved on street parking spaces available from the city. The building is low maintenance with 3 of the 4 heating systems updated to a combo on-demand system and two forced hot air systems. With low owner expenses, rents below fair market value and a large basement where laundry could be added, this is a solid investment for any buyer.
Last Buyer's Agent
Patrick Ricot
Neighborhood Assistance
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,725
Year Built
- Built in 1950
Lot Details
- 2,815 Sq Ft Lot
- Level Lot
Home Design
- 3,864 Sq Ft Home
- Stone Foundation
- Frame Construction
- Rubber Roof
Flooring
- Carpet
- Tile
- Vinyl
Bedrooms and Bathrooms
- 8 Bedrooms
- 4 Full Bathrooms
Basement
- Basement Fills Entire Space Under The House
- Interior Basement Entry
Parking
- On-Street Parking
- Open Parking
Location
- Property is near public transit and schools
Utilities
- 4 Heating Zones
- Heating Available
- Natural Gas Connected
- Gas Water Heater
Listing and Financial Details
- Total Actual Rent $4,300
- Rent includes unit 1(water), unit 2(water), unit 3(water), unit 4(water)
- Legal Lot and Block 4 / 4375
Community Details
Overview
- 4 Units
- Property has 1 Level
Amenities
- Medical Services
- Coin Laundry
Recreation
- Park
- Jogging Path
Building Details
- Insurance Expense $3,560
- Operating Expense $3,560
- Net Operating Income $51,600
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 01/16/2023 01/16/23 | Sold | $700,000 | 0.0% | $181 / Sq Ft |
| 10/22/2022 10/22/22 | Pending | -- | -- | -- |
| 10/10/2022 10/10/22 | For Sale | $699,900 | -- | $181 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
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 | $7,518 | $654,900 | $120,400 | $534,500 |
| 2024 | $7,589 | $637,200 | $122,900 | $514,300 |
| 2023 | $7,666 | $617,200 | $102,900 | $514,300 |
| 2022 | $6,726 | $530,000 | $93,500 | $436,500 |
| 2021 | $6,169 | $458,300 | $81,300 | $377,000 |
| 2020 | $6,123 | $458,300 | $81,300 | $377,000 |
| 2019 | $5,019 | $357,500 | $70,900 | $286,600 |
| 2018 | $4,372 | $337,200 | $67,500 | $269,700 |
| 2017 | $4,397 | $294,700 | $64,500 | $230,200 |
| 2016 | $4,496 | $296,600 | $55,400 | $241,200 |
| 2015 | $3,995 | $258,100 | $55,400 | $202,700 |
| 2013 | $3,816 | $254,200 | $70,500 | $183,700 |
Source: Public Records
Agents Affiliated with this Home
-
Patrick Hermans
-
P
Buyer's Agent in 2023
Patrick Ricot
Neighborhood Assistance
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73046226
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