NOT LISTED FOR SALE

559 Broadway St Lowell, MA 01854

Acre Neighborhood
18 Beds
8 Baths
7,606 Sq Ft
4,792 Sq Ft Lot

Last Sold May 12, 2016

Last sale price $350,000 $46 Per Sq Ft

18 Days on Market

About This Home

As of May 2016

Attention investors! Calling on all serious investors on this solid investment opportunity. This is an 8 family building. Six units consist of 4 rooms, 2 bedrooms and 1 bath and two units have 5 rooms, 3 bedrooms and 1 bath. Completely separate utilities,some new windows and mostly heated by forced hot air by gas. Rubber roof is only about 8yr old . Currently fully rented with rents way below market. Conveniently located close to shopping, laundromat, UMASS Lowell and much more. This is a diamond in the rough that needs some TLC to bring back the shine and full potential for return on your investment. Look beyond the rough and see a great money making potential. The numbers work in every way! Priced to sell and can close quickly!!

Last Agent to Sell the Property

Salihu Mohammed

Dick Lepine Real Estate,Inc. Listed on: 02/03/2016

Last Buyer's Agent

Salihu Mohammed

Dick Lepine Real Estate,Inc. Listed on: 02/03/2016

Property Details

Home Type

Multi-Family

Year Built

1890

Lot Details

0

Listing Details

  • Lot Description: Corner
  • Property Type: Multi-family
  • Other Agent: 2.00
  • Lead Paint: Unknown
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1890

Interior Features

  • Has Basement: Yes
  • Number of Rooms: 8
  • Electric: Circuit Breakers
  • Basement: Full
  • Total Levels: 2

Exterior Features

  • Foundation: Fieldstone

Garage/Parking

  • Parking: On Street Permit

Utilities

  • Hot Water: Natural Gas
  • Sewer: City/Town Sewer
  • Water: City/Town Water

Condo/Co-op/Association

  • Total Units: 8

Lot Info

  • Zoning: UMU

Multi Family

  • Total Bedrooms: 18
  • Total Floors: 3
  • Total Full Baths: 8
  • Total Levels: 3
  • Total Rms: 34
  • Total Rent_1: 5875

Range of Values:

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Value Increase
--
Percent Increase
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Adjusted for Inflation
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Average Value
Not Available
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
05/12/2016 05/12/16 Sold $350,000 -12.5% $46 / Sq Ft
02/19/2016 02/19/16 Pending -- -- --
02/01/2016 02/01/16 For Sale $399,900 -- $53 / 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 $14,102 $1,228,400 $277,200 $951,200
2024 $13,872 $1,164,700 $258,800 $905,900
2023 $13,483 $1,085,600 $225,000 $860,600
2022 $11,517 $907,600 $160,200 $747,400
2021 $10,718 $796,300 $139,500 $656,800
2020 $10,639 $796,300 $139,500 $656,800
2019 $8,573 $610,600 $139,500 $471,100
2018 $8,525 $592,400 $139,500 $452,900
2017 $8,158 $546,800 $139,500 $407,300
2016 $7,807 $515,000 $126,000 $389,000
2015 $7,548 $487,600 $126,000 $361,600
2013 $6,908 $460,200 $144,000 $316,200
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2016

    Salihu Mohammed

    Dick Lepine Real Estate,Inc.

    (978) 937-4044

    1 in this area

    34 Total Sales

    Salihu Mohammed
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71955549

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

559 Broadway St, Lowell, MA

Not Listed for Sale

MultiFamily

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MLS Property Information Network (MLS PIN) 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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