NOT LISTED FOR SALE

58 Franklin St Lowell, MA 01854

Acre Neighborhood
4 Beds
4 Baths
2,412 Sq Ft
2,966 Sq Ft Lot

Last Sold September 23, 2022

Last sale price $500,000 $207 Per Sq Ft

13 Days on Market

Highlights

  • Medical Services
  • Property is near public transit
  • Coin Laundry
  • Deck
  • Shops
  • Level Lot

About This Home

As of September 2022

Well maintained four family home centrally located. All units full, 3 TAW and 1 lease. Off street parking behind building (Willie St to alleyway), on street parking with permit. Great cash flow. Seller would consider a package deal with 405 School St, Lowell, MLSPIN # 73008075,

Last Agent to Sell the Property

Paul Brouillette

LAER Realty Partners Listed on: 07/28/2022

LAER Realty Partners

Last Buyer's Agent

Kelli Gilbride

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,582

Year Built

  • Built in 1900

Lot Details

  • 2,966 Sq Ft Lot
  • Level Lot

Parking

  • 4 Car Parking Spaces

Home Design

  • 2,412 Sq Ft Home
  • Stone Foundation
  • Frame Construction

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Full Bathrooms

Outdoor Features

  • Deck

Location

  • Property is near public transit
  • Property is near schools

Utilities

  • No Cooling
  • Heating Available

Listing and Financial Details

  • Total Actual Rent $4,000
  • Rent includes unit 1(heat hot water), unit 2(heat hot water), unit 3(heat hot water), unit 4(heat hot water)
  • Assessor Parcel Number M:119 B:2440 L:58,3182887

Community Details

Overview

  • 4 Units
  • Property has 1 Level

Amenities

  • Medical Services
  • Shops
  • Coin Laundry

Building Details

  • Operating Expense $12,856
  • Net Operating Income $34,837

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,582

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 4 Family
  • Year Built: 1900
  • Buyer Agency: 2
  • Buyer Agency Type: %
  • Transaction Broker: 1
  • Transaction Broker Type: %
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 6

Interior Features

  • Interior Amenities: Unit 1 Rooms(Living Room,Kitchen), Unit 2 Rooms(Living Room,Kitchen), Unit 3 Rooms(Living Room,Kitchen), Unit 4 Rooms(Living Room,Kitchen)
  • Fireplace YN: No
  • Appliances: Unit 1(Range,Refrigerator), Unit 2(Range,Refrigerator), Unit 3(Range,Refrigerator), Unit 4(Range,Refrigerator)
  • Total Bedrooms: 4
  • Full Bathrooms: 4
  • Total Bathrooms: 4
  • Total Bathrooms: 4
  • Living Area: 2412
  • Stories Total: 6
  • MAIN LO: AN1199
  • LIST PRICE PER Sq Ft: 228.03
  • PRICE PER Sq Ft: 207.3
  • MAIN SO: D49801

Exterior Features

  • Construction Materials: Frame
  • Foundation Details: Stone
  • Patio And Porch Features: Deck
  • Road Frontage Type: Public
  • Road Surface Type: Paved
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Total Parking Spaces: 4

Utilities

  • Sewer: Public Sewer
  • Cooling: Unit 1(None), Unit 2(None), Unit 3(None), Unit 4(None)
  • Heating: Unit 1(Gas), Unit 2(Gas), Unit 3(Gas), Unit 4(Gas)
  • Cooling Y N: No
  • Heating YN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Medical Facility, Laundromat, Public School, T-Station, University
  • Rent Includes: Unit 1(Heat,Hot Water), Unit 2(Heat,Hot Water), Unit 3(Heat,Hot Water), Unit 4(Heat,Hot Water)

Lot Info

  • Parcel Number: M:119 B:2440 L:58,3182887
  • Zoning: UMF
  • Farm Land Area Units: Square Feet
  • Lot Features: Level
  • Lot Size Acres: 0.07
  • Lot Size Area: 0.07
  • Lot Size Sq Ft: 2966
  • Lot Size Units: Acres
  • PAGE: 0
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 5582
  • Tax Book Number: 0

Multi Family

  • Gross Income: 47694
  • Net Operating Income: 34837
  • Number Of Units Total: 4
  • Operating Expense: 12856
  • Total Actual Rent: 4000
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 4: 1
  • LEVELS 2: 1
  • LEVELS 3: 1
  • LEASE 4: N
  • LEASE 3: Y
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 1: 1
  • FLRS 4: 2
  • FLRS 3: 1
  • FLRS 2: 2

Range of Values:

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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 Change Sq Ft Price
09/23/2022 09/23/22 Sold $500,000 -9.1% $207 / Sq Ft
08/11/2022 08/11/22 Pending -- -- --
08/01/2022 08/01/22 Price Changed $550,000 -8.3% $228 / Sq Ft
07/28/2022 07/28/22 For Sale $599,900 -- $249 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Paul Brouillette

    Seller's Agent in 2022

    Paul Brouillette

    Laer Realty

    (978) 852-3001

    5 in this area

    163 Total Sales

    Section Image
  • Kelli Gilbride

    Buyer's Agent in 2022

    Kelli Gilbride

    (978) 866-2174

    1 in this area

    154 Total Sales

    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73018705

MLS Property Information Network (MLS PIN)

Massachusetts Middlesex County Lowell 01854 Acre

58 Franklin St, Lowell, MA

This home is located at 58 Franklin St, Lowell, MA 01854 since 28 July 2022. This property was built in 1900. 58 Franklin St is a home located in Middlesex County with nearby schools including Charlotte M Murkland Elementary School, Joseph McAvinnue Elementary School, and Charles W. Morey Elementary School.

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.

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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