C
Seller's Agent in 2023
Candor Realty Group
Four Points Real Estate, LLC
(978) 710-5616
17 in this area
378 Total Sales
50 Albion St Lowell, MA 01850
Centralville NeighborhoodEstimated Value: $590,256 - $886,000
10
Beds
5.5
Baths
3,808
Sq Ft
$204/Sq Ft
Est. Value
Highlights
- Medical Services
- Jogging Path
- Patio
- Property is near public transit
- Porch
- Park
About This Home
As of December 2023Incredible investment opportunity for an FHA owner occupant or a passive investor seeking to add to an existing portfolio! This 3 family property is conveniently located in the Centralville neighborhood near all of Lowell's best amenities including UMASS. It has off-street parking for 3 to 6 vehicles in dedicated driveway. Unit A is currently vacant and offers 3 bedrooms and 2 full baths. Unit B also has 3 beds and 2 full baths while the first floor unit has 4 beds and 1.5 baths. This building has had many tasteful updates inside and out and is fully lead paint compliant! See attachments for rent roll, income & expenses. Currently contracted with Simplified Management, Inc. which could be assumed by the buyer for a smooth transition into passive ownership. Buyer/buyer's agent to do own due diligence. Agency has a vested interest in this property. Open House Sat 10/7 & Sun 10/8 from 11am-12pm. No showings until open houses.
Last Agent to Sell the Property
Four Points Real Estate, LLC Listed on: 10/03/2023
Co-Listed By
Carla Sacasa
Four Points Real Estate, LLC
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,119
Year Built
- Built in 1920
Lot Details
- 4,253 Sq Ft Lot
Home Design
- Block Foundation
- Shingle Roof
Interior Spaces
- 3,808 Sq Ft Home
- Storage
- Washer and Dryer Hookup
- Vinyl Flooring
- Unfinished Basement
- Basement Fills Entire Space Under The House
Bedrooms and Bathrooms
- 10 Bedrooms
Parking
- 6 Car Parking Spaces
- Driveway
- Open Parking
- Off-Street Parking
Outdoor Features
- Patio
- Porch
Location
- Property is near public transit
- Property is near schools
Utilities
- No Cooling
- Separate Meters
Listing and Financial Details
- Total Actual Rent $6,800
- Rent includes unit 1(heat water hot water), unit 2(heat water hot water), unit 3(heat water hot water)
- Assessor Parcel Number M:175 B:85 L:50
Community Details
Overview
- 3 Units
- Property has 1 Level
Amenities
- Medical Services
- Shops
- Coin Laundry
Recreation
- Park
- Jogging Path
- Bike Trail
Building Details
- Net Operating Income $30,000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Nov 16, 1982
Bought by
Lowell Housing Authority
Current Estimated Value
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Lowell Housing Authority | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Casemiro Terezinha M | $724,460 | |
| Closed | Greater Lowell Hldg Llc | $332,802 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/11/2023 12/11/23 | Sold | $760,000 | +8.6% | $200 / Sq Ft |
| 10/08/2023 10/08/23 | Pending | -- | -- | -- |
| 10/03/2023 10/03/23 | For Sale | $699,900 | -- | $184 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
Tax History Compared to Growth
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 | $7,747 | $674,800 | $113,700 | $561,100 |
| 2024 | $6,216 | $521,900 | $100,000 | $421,900 |
| 2023 | $6,119 | $492,700 | $86,900 | $405,800 |
| 2022 | $0 | $492,700 | $74,000 | $418,700 |
| 2021 | $0 | $420,900 | $63,900 | $357,000 |
| 2020 | $0 | $399,000 | $74,300 | $324,700 |
| 2019 | $0 | $370,600 | $70,800 | $299,800 |
| 2018 | $0 | $329,900 | $67,400 | $262,500 |
| 2017 | $0 | $307,500 | $67,400 | $240,100 |
| 2016 | -- | $275,300 | $57,600 | $217,700 |
| 2015 | -- | $252,900 | $55,100 | $197,800 |
| 2013 | -- | $223,500 | $64,000 | $159,500 |
Source: Public Records
Agents Affiliated with this Home
-
Candor Realty Group
-
C
Seller Co-Listing Agent in 2023
Carla Sacasa
Four Points Real Estate, LLC
-
Benilton Silva
Buyer's Agent in 2023
Benilton Silva
Benny's Realty Group
(617) 817-1024
2 in this area
48 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73166228
APN: LOWE-000175-000085-000050
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.
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