Seller's Agent in 2018
Mei Zhou
Coldwell Banker Realty - Andovers/Readings Regional
(978) 413-6688
1 in this area
73 Total Sales
44 5th St Lowell, MA 01850
Centralville Neighborhood
11
Beds
3
Baths
4,363
Sq Ft
5,227
Sq Ft
About This Home
As of August 2018$60,000 projecting annual rents opportunities: one 5-bedroom single family + 2-family (3 and 4 bedrooms) on a single corner lot. This fully-rented rare-find 3 family layout presents two options: investor with easy-to-rent or owner-occupied with almost-live-for-free-with-two-other-units-rents. All hardwood floors, separate utilities, both heat and hot water by gas; long term tenants(4yrs, 3 yrs and 4 yrs) with tenant at will. Single family tenant will move out at the end of May to move into their new purchase home. About 10 years ago, the 2nd floor of the 2-family was totally rebuilt due to fire damaged. Newer hot water tanks. With the current rental market and still low mortgage rate, for investor, it is easy-to-maintain rental property with great recurring income, for home owners, why rent if someone will pay for your mortgage?
Last Agent to Sell the Property
Coldwell Banker Realty - Andovers/Readings Regional Listed on: 05/06/2018
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1930
Lot Details
- Year Round Access
Utilities
- Water Holding Tank
- Natural Gas Water Heater
Additional Features
- Basement
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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 |
|---|---|---|---|---|
| 08/23/2018 08/23/18 | Sold | $522,000 | -0.6% | $120 / Sq Ft |
| 05/24/2018 05/24/18 | Pending | -- | -- | -- |
| 05/06/2018 05/06/18 | For Sale | $525,000 | -- | $120 / 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 | $8,784 | $765,200 | $128,100 | $637,100 |
| 2024 | $8,157 | $684,900 | $106,400 | $578,500 |
| 2023 | $7,669 | $617,500 | $92,500 | $525,000 |
| 2022 | $7,010 | $552,400 | $73,600 | $478,800 |
| 2021 | $6,521 | $484,500 | $64,000 | $420,500 |
| 2020 | $6,446 | $482,500 | $64,000 | $418,500 |
| 2019 | $5,928 | $422,200 | $55,000 | $367,200 |
| 2018 | $5,609 | $389,800 | $52,400 | $337,400 |
| 2017 | $5,338 | $357,800 | $44,000 | $313,800 |
| 2016 | $5,289 | $348,900 | $46,100 | $302,800 |
| 2015 | $4,918 | $317,700 | $47,500 | $270,200 |
| 2013 | $4,345 | $289,500 | $57,100 | $232,400 |
Source: Public Records
Agents Affiliated with this Home
-
Mei Zhou
-
Manjit Banwait
M
Buyer's Agent in 2018
Manjit Banwait
United Brokers
(678) 371-3075
1 in this area
7 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 72321686
APN: LOWE M:000197 T:J01660
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