Seller's Agent in 2020
Kathy Pappas
RE/MAX
(978) 423-4860
1 in this area
29 Total Sales
Great investment property for a 1031 exchange. This well kept, 5896 sq/ft 6 family sits on 9330 sq/ft of land conveniently located near UMASS Lowell. There are (3) two bedrooms and (3) three bedrooms. All units have an eat in kitchen, a family room and a single bath. 90% rent is currently guaranteed by a state program that is responsible for most repairs/damage. The building has vinyl siding, a new rubber roof two years ago, coin-op laundry and off street parking for 8 cars. Approx five years ago the prior owner invested over 100k in a state of the art, ultra efficient heating system featuring Lochinvar gas boilers and Superstor water heaters for each unit. Tenants pay all utilities. Current rents for the two bedrooms is $1250 mo and $1450 for the three bedroom units. Seller has lead compliance certificates. Buyer to honor all current lease agreements and assume all occupants. Buyer/buyer's agent must conduct their own due diligence, verifications and research.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 11/23/2020 11/23/20 | Sold | $1,120,000 | -10.4% | $190 / Sq Ft | |
| 10/01/2020 10/01/20 | Pending | -- | -- | -- | |
| 09/19/2020 09/19/20 | For Sale | $1,250,000 | +49.2% | $212 / Sq Ft | |
| 09/25/2018 09/25/18 | Sold | $838,000 | -2.4% | $154 / Sq Ft | View Prior Sale |
| 08/03/2018 08/03/18 | Pending | -- | -- | -- | |
| 06/29/2018 06/29/18 | Price Changed | $859,000 | -4.5% | $158 / Sq Ft | |
| 06/20/2018 06/20/18 | For Sale | $899,900 | -- | $166 / Sq Ft |
| 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 | $13,017 | $1,133,900 | $209,800 | $924,100 |
| 2024 | $12,771 | $1,072,300 | $183,000 | $889,300 |
| 2023 | $12,933 | $1,041,300 | $152,000 | $889,300 |
| 2022 | $11,336 | $893,300 | $138,200 | $755,100 |
| 2021 | $8,356 | $620,800 | $120,200 | $500,600 |
| 2020 | $8,188 | $612,900 | $112,300 | $500,600 |
| 2019 | $6,809 | $485,000 | $104,000 | $381,000 |
| 2018 | $5,929 | $457,600 | $99,100 | $358,500 |
| 2017 | $5,913 | $396,300 | $90,100 | $306,200 |
| 2016 | $5,770 | $380,600 | $75,500 | $305,100 |
| 2015 | $5,169 | $333,900 | $77,200 | $256,700 |
| 2013 | $4,922 | $327,900 | $95,300 | $232,600 |
Seller's Agent in 2020
Kathy Pappas
RE/MAX
(978) 423-4860
1 in this area
29 Total Sales
C
Buyer's Agent in 2020
Carlos Carvajal
Century 21 North East
(781) 526-7641
20 Total Sales
R
Seller's Agent in 2018
Roger Rondeau
G. J. Brown Realty
M
Seller Co-Listing Agent in 2018
Michael Brown
G. J. Brown Realty
G
Buyer's Agent in 2018
George Terris
Dean C. Sarris Real Estate, Inc.
Source: MLS Property Information Network (MLS PIN)
MLS Number: 72729520