Seller's Agent in 2022
Paul Brouillette
Laer Realty
(978) 852-3001
11 in this area
158 Total Sales
405 School St Lowell, MA 01851
Lower Highlands Neighborhood
3
Beds
4
Baths
3,151
Sq Ft
3,267
Sq Ft Lot
Highlights
- Medical Services
- Corner Lot
- Heating Available
- Property is near public transit
- Coin Laundry
- 4-minute walk to Roberto Clemente Park
About This Home
As of October 2022Very well maintained four family in great location. All four units rented TAW and long-term tenants would like to stay. Largest unit has delead certificate. Current rents are under market. Four parking spots on driveway with additional parking in yard if needed. Plenty of off-street parking as well with permits. Professionally managed and maintained. Nicely updated property with small yard. Solid investment property or owner - occupant could live virtually for free. Live in a studio and rent the other units. Excellent cash flow.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,425
Year Built
- Built in 1900
Lot Details
- 3,267 Sq Ft Lot
- Corner Lot
- Level Lot
Home Design
- 3,151 Sq Ft Home
- Stone Foundation
- Frame Construction
- Shingle Roof
Bedrooms and Bathrooms
- 3 Bedrooms
- 4 Full Bathrooms
Basement
- Basement Fills Entire Space Under The House
- Dirt Floor
Parking
- 4 Car Parking Spaces
- On-Street Parking
- Open Parking
- Off-Street Parking
Location
- Property is near public transit
- Property is near schools
Utilities
- No Cooling
- Heating Available
Listing and Financial Details
- Total Actual Rent $3,600
- Rent includes unit 1(heat electric gas water hot water), unit 2(heat electric gas water hot water), unit 3(heat electric gas water hot water), unit 4(heat electric gas water hot water)
- Assessor Parcel Number M:120 B:5240 L:405,3182970
Community Details
Overview
- 4 Units
- Property has 1 Level
Amenities
- Medical Services
- Coin Laundry
Building Details
- Operating Expense $16,407
- Net Operating Income $31,287
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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 |
|---|---|---|---|---|
| 10/11/2022 10/11/22 | Sold | $420,000 | -4.5% | $133 / Sq Ft |
| 08/30/2022 08/30/22 | Pending | -- | -- | -- |
| 08/18/2022 08/18/22 | Price Changed | $440,000 | -12.0% | $140 / Sq Ft |
| 08/11/2022 08/11/22 | Price Changed | $499,900 | -9.1% | $159 / Sq Ft |
| 08/01/2022 08/01/22 | Price Changed | $550,000 | -8.3% | $175 / Sq Ft |
| 07/26/2022 07/26/22 | Price Changed | $599,900 | -14.3% | $190 / Sq Ft |
| 07/12/2022 07/12/22 | For Sale | $699,900 | -- | $222 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
Tax History Compared to Growth
Agents Affiliated with this Home
-
Paul Brouillette
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73008075
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