NOT LISTED FOR SALE

44 Shaffer St Lowell, MA 01854

Acre Neighborhood
13 Beds
4 Baths
5,142 Sq Ft
6,970 Sq Ft Lot

Last Sold January 28, 2022

Last sale price $745,000 $145 Per Sq Ft

33 Days on Market

About This Home

As of January 2022

Wonderful opportunity for CONTRACTORS, LANDLORDS and INVESTORS! This INCOME PROPERTY won’t last, well maintained 4-family units in the up-coming city of Lowell. This is a turned-key investment with long term tenants with lease. Rents are below market rate. Offering 8 parking spots. So much potential, Spacious unfinished basement of 2,018 square feet and unfinished attic of 2,499 square feet. The attic can be finished and converted into additional rooms.

Last Agent to Sell the Property

Jefri Liriano

Liriano Realty Listed on: 09/04/2021

Co-Listed By

Jefri Liriano

Liriano Realty

Last Buyer's Agent

Emmanuel Frias

Home Realty Group LLC

Property Details

Home Type

  • Multi-Family

Year Built

  • 1920

Lot Details

  • 6,970

Interior Spaces

  • Property has 1 Level

Property Details

Home Type

Multi-Family

Year Built

1920

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 4 Family - 4 Units Side by Side
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • Directions: Pawtucket St to Walker Street and left onto Shaffer St.
  • Garage Yn: No
  • Road Frontage Type: Public
  • Road Surface Type: Paved
  • Year Built Details: Approximate
  • Special Features: None
  • Year Built: 1920

Interior Features

  • Appliances: Unit 1(Range,Microwave,Refrigerator), Unit 2(Range,Microwave,Refrigerator), Unit 3(Range,Microwave,Refrigerator), Unit 4(Range,Microwave,Refrigerator), Gas Water Heater
  • Has Basement: Full
  • MAIN LO: G95022
  • MAIN SO: AC0594
  • Full Bathrooms: 4
  • Total Bedrooms: 13
  • Fireplace: No
  • Flooring: Unit 1(undefined), Unit 2(Wood Flooring), Unit 3(Wood Flooring), Unit 4(Wood Flooring)
  • Interior Amenities: Unit 1(Pantry,Bathroom With Tub & Shower), Unit 2(Pantry,Bathroom With Tub & Shower), Unit 3(Bathroom With Tub & Shower), Unit 4(Pantry,Bathroom With Tub & Shower), Unit 1 Rooms(Kitchen,Living RM/Dining RM Combo), Unit 2 Rooms(Living RM/Dining RM Combo), Unit 3 Rooms(Kitchen,Living RM/Dining RM Combo), Unit 4 Rooms(Kitchen,Living RM/Dining RM Combo)
  • Stories: 6
  • Window Features: Screens

Exterior Features

  • Roof: Slate
  • Foundation Details: Stone, Brick/Mortar, Irregular
  • Construction Type: Frame, Brick, Stone
  • Lot Features: Corner Lot
  • Patio And Porch Features: Porch, Deck - Wood, Patio
  • Waterfront: No

Garage/Parking

  • Parking Features: Paved Drive, Off Street, Paved
  • Open Parking: Yes
  • Total Parking Spaces: 8

Utilities

  • Cooling: Unit 1(Window AC), Unit 2(Window AC), Unit 3(Window AC), Unit 4(Window AC)
  • Heating: Unit 1(Forced Air,Gas), Unit 2(Forced Air,Gas), Unit 3(Forced Air,Gas), Unit 4(Forced Air,Gas)
  • SEWAGE DISTRICT: LOWEL
  • Cooling Y N: Yes
  • Electric: 110 Volts, 220 Volts
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Walk/Jog Trails, Medical Facility, Laundromat, Bike Path, Highway Access, Marina, Public School, University, Sidewalks
  • HOA Rent Includes: Unit 1(Heat,Electric,Gas,Water,Hot Water), Unit 2(None), Unit 3(None), Unit 4(None)

Lot Info

  • LOT SIZE: 6774
  • Farm Land Area Units: Square Feet
  • Lot Size Sq Ft: 6969.6
  • Zoning: TMF

Multi Family

  • LEVELS 1: 1
  • LEVELS 4: 2
  • LEVELS 3: 2
  • LEASE 4: Y
  • LEASE 3: Y
  • LEASE 2: Y
  • LEASE 1: Y
  • FLRS 3: 2
  • Annual Gross Income: 62400
  • Property Net Operating Income: 62400
  • Number Of Units Total: 4
  • Total Actual Rent: 5200

Tax Info

  • Tax Annual Amount: 7411
  • Tax Book Number: 194
  • Tax Year: 2020

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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Average Value
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List Price
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
01/28/2022 01/28/22 Sold $745,000 -3.2% $145 / Sq Ft
10/08/2021 10/08/21 Pending -- -- --
09/04/2021 09/04/21 For Sale $769,900 -- $150 / 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 $9,168 $798,600 $116,100 $682,500
2024 $9,115 $765,300 $108,500 $656,800
2023 $9,330 $751,200 $94,400 $656,800
2022 $8,162 $643,200 $85,800 $557,400
2021 $7,613 $565,600 $74,600 $491,000
2020 $7,411 $554,700 $63,700 $491,000
2019 $6,027 $429,300 $56,200 $373,100
2018 $8,094 $404,600 $53,600 $351,000
2017 $5,194 $348,100 $48,700 $299,400
2016 $5,277 $348,100 $48,700 $299,400
2015 $4,670 $301,700 $50,200 $251,500
2013 $4,384 $292,100 $66,700 $225,400
Source: Public Records

Agents Affiliated with this Home

  • Jefri Liriano

    Seller's Agent in 2022

    Jefri Liriano

    Liriano Realty

    (617) 372-1717

    2 in this area

    299 Total Sales

    Jefri Liriano
    Section Image
  • Emmanuel Frias

    Buyer's Agent in 2022

    Emmanuel Frias

    Home Realty Group LLC

    (978) 377-1884

    4 in this area

    125 Total Sales

    Emmanuel Frias
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72889934

MLS Property Information Network (MLS PIN)
Massachusetts Middlesex County Lowell 01854 Acre

44 Shaffer St, Lowell, MA

Not Listed for Sale

MultiFamily

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