NOT LISTED FOR SALE

56 Henry Ave Dracut, MA 01826

Estimated Value: $796,000 - $1,071,000

9 Beds
4.5 Baths
4,230 Sq Ft
$223/Sq Ft Est. Value

Last Sold June 20, 2025

Last sale price $1,050,000 $248 Per Sq Ft

Est. 10% decrease in value since last sale

Current estimated payment $5,515/month

28 Days on Market

Highlights

  • Granite Flooring
  • Corner Lot
  • Cooling System Mounted In Outer Wall Opening
  • Property is near public transit and schools
  • Home Office
  • 4-minute walk to Hovey Park

About This Home

As of June 2025

Attention contractors, small business owners, and savvy investors. Business zoned 3 family triple decker comes with a detached oversized garage featuring a professional office suite above (5 units in total). Whether you're a contractor, painter, electrician, plumber or creative entrepreneur, this property is tailor-made for running your operation. Situated on a large corner lot, 5 mins to UMass Lowell and close to major routes, this property offers plenty of off street parking, easily accessed from two separate parking lot entrances. All three apartments in the 3family feature 3 bedrooms, 1 full bath, living room and dining/kitchen. Garage is approximately 29’ x 39’ with high ceilings and a half bath. Above the garage, the fully equipped office suite includes a kitchenette, two private offices and an open conference room area as well as laundry, perfect for washing employee uniforms. Don’t miss this rare blend of residential income and commercial functionality in one versatile property

Last Agent to Sell the Property

Paul Cirignano

The Synergy Group Listed on: 04/21/2025

Last Buyer's Agent

Christian Ehlers

Real Broker MA, LLC

Real Broker MA, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,960

Year Built

  • Built in 1732

Lot Details

  • 0.25 Acre Lot
  • Corner Lot
  • Level Lot
  • Irregular Lot

Parking

  • 2 Car Garage
  • Open Parking
  • Off-Street Parking

Home Design

  • Triplex
  • Stone Foundation
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 4,230 Sq Ft Home
  • Living Room
  • Dining Room
  • Home Office
  • Partial Basement
  • Range
  • Washer Hookup

Flooring

  • Wood
  • Granite
  • Tile

Bedrooms and Bathrooms

  • 9 Bedrooms

Location

  • Property is near public transit and schools

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Heat Pump System
  • Heating System Mounted To A Wall or Window
  • Separate Meters
  • 100 Amp Service

Listing and Financial Details

  • Total Actual Rent $7,900
  • Assessor Parcel Number 3515540

Community Details

Overview

  • 3 Units
  • Property has 1 Level

Amenities

  • Shops

Building Details

  • Operating Expense $14,600
  • Net Operating Income $80,180

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,960

Year Built

Built in 1732

Lot Details

0.25 Acres

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 3 Family - 3 Units Up/Down
  • Year Built: 1732
  • Levels: 5
  • Year Built Details: Actual
  • Year Round: Yes
  • APOD AVAILABLE: No
  • Special Features: VirtualTour
  • Stories: 5

Interior Features

  • Flooring: Wood, Tile
  • Interior Amenities: Living Room, Dining Room, Office/Den
  • Fireplace YN: No
  • Appliances: Range
  • Total Bedrooms: 9
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bathrooms: 5
  • Laundry Features: Washer Hookup
  • Basement: Partial
  • Above Grade Finished Sq Ft: 4230
  • Living Area: 4230
  • Spa YN: No
  • Stories Total: 5
  • MAIN LO: AN7316
  • MAIN SO: AN4866

Exterior Features

  • Construction Materials: Frame
  • Foundation Details: Stone, Granite, Irregular
  • Home Warranty YN: No
  • Road Frontage Type: Public
  • Road Surface Type: Paved
  • Roof: Shingle
  • Waterfront YN: No
  • Waterview Flag: No

Garage/Parking

  • Garage Spaces: 2
  • Covered Parking Spaces: 2
  • Garage YN: Yes
  • Open Parking YN: Yes
  • Parking Features: Off Street, Paved
  • Total Parking Spaces: 16

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Range, for Electric Range, for Gas Oven, for Electric Oven, Washer Hookup
  • Cooling: Central Air, Wall Unit(s), Heat Pump
  • Heating: Forced Air, Natural Gas, Heat Pump, Wall Unit
  • Cooling Y N: Yes
  • Electric: Circuit Breakers, 100 Amp Service, Individually Metered
  • Heating YN: Yes
  • Water Source: Public
  • Hot Water: Electric

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Highway Access, University
  • Senior Community YN: No

Lot Info

  • Parcel Number: 3515540
  • Zoning: B3
  • Farm Land Area Units: Square Feet
  • Lot Features: Corner Lot, Level
  • Lot Size Acres: 0.25
  • Lot Size Sq Ft: 11054
  • Lot Size Units: Acres

Tax Info

  • Tax Year: 2025
  • Tax Annual Amount: 7960

Multi Family

  • Net Operating Income: 80180
  • Number Of Units Total: 3
  • Operating Expense: 14600
  • Total Actual Rent: 7900
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 4: 1
  • LEVELS 3: 1
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 3: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 21, 2025
Closed on
Jun 16, 2025
Sold by
Passamonte Joseph and Passamonte Elizabeth
Bought by
Baker Curtis and Baker Virginia
Seller's Agent
Paul Cirignano
The Synergy Group
Buyer's Agent
Christian Ehlers
Real Broker MA, LLC
List Price
$1,049,900
Sold Price
$1,050,000
Premium/Discount to List
$100
0.01%
Views
34
Current Estimated Value
$941,715

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$108,285
Avg. Annual Appreciation
-15.20%
Original Mortgage
$997,500
Outstanding Balance
$990,506
Interest Rate
6.76%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
-$48,791

Purchase Details

Closed on
Jun 20, 2006
Sold by
Matte Jeannette A and Matte Roger R
Bought by
Passamonte Elizabeth and Passamonte Joseph

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
6.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 28, 1999
Sold by
Robarge Richard J and Robarge Julie L
Bought by
Matte Roger R and Matte Jeannette A
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
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

Purchase History

Date Buyer Sale Price Title Company
Baker Curtis $1,050,000 None Available
Baker Curtis $1,050,000 None Available
Passamonte Elizabeth $430,000 --
Passamonte Elizabeth $430,000 --
Passamonte Elizabeth $430,000 --
Matte Roger R $132,400 --
Matte Roger R $132,400 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Baker Curtis $997,500
Closed Baker Curtis $997,500
Previous Owner Matte Roger R $282,750
Previous Owner Passamonte Elizabeth $300,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/20/2025 06/20/25 Sold $1,050,000 0.0% $248 / Sq Ft
05/19/2025 05/19/25 Pending -- -- --
04/21/2025 04/21/25 For Sale $1,049,900 -- $248 / 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 $7,960 $786,600 $193,700 $592,900
2024 $7,620 $729,200 $184,400 $544,800
2023 $7,485 $646,400 $160,300 $486,100
2022 $7,109 $578,400 $145,700 $432,700
2021 $6,125 $525,200 $132,500 $392,700
2020 $18,532 $465,300 $128,700 $336,600
2019 $6,018 $437,700 $122,500 $315,200
2018 $5,647 $421,800 $122,500 $299,300
2017 $5,419 $421,800 $122,500 $299,300
2016 $5,436 $366,300 $117,800 $248,500
2015 $5,469 $366,300 $117,800 $248,500
2014 $4,921 $339,600 $117,800 $221,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73362033

MLS Property Information Network (MLS PIN)

APN: DRAC-000063-000000-000047

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