NOT LISTED FOR SALE
8 Beds
4 Baths
3,836 Sq Ft
3,920 Sq Ft Lot

Sale Details

Date Sold: May 25, 2022

Last sale price $770,000 $201 Per Sq Ft

5 Days on Market

Highlights

  • Medical Services
  • Wood Flooring
  • Enclosed Patio or Porch
  • Property is near public transit and schools
  • Jogging Path
  • Park

About This Home

As of May 2022

Incredible Multi-Family investment opportunity in Lower Belvidere - 4 units (2 up, 2 down). Great location between Rogers St and Andover St, just minutes from I-495, Lowell Connector/Rte. 3, and downtown Lowell. All 4 units in this well-maintained building are fully tenanted (TAW) with long-term tenants and feature 2 beds/1 bath per unit. Gas/Electric utilities are separately metered - water/sewer/trash is paid by Owner. W/D hookups in 2 units and common laundry in basement for other 2 units. Outdoor space and off-street as well as permitted parking. Third floor has additional storage space for each unit and could potentially be finished to add one or two more units (Buyer to do all due diligence in this regard). See information sheets under paperclip for additional details on ages of systems and appliances. Showings ONLY at Open Houses Fri 4/1 from 4pm-6pm and Sat 4/2 from 11am-1pm. Offers due Sun 4/3 at 6:00 pm.

Last Agent to Sell the Property

Ruth Berube-Leach

Keller Williams Realty-Merrimack Listed on: 03/29/2022

Keller Williams Realty-Merrimack

Last Buyer's Agent

Deborah Courtney

Keller Williams Realty - Merrimack

Keller Williams Realty - Merrimack
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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,567

Year Built

  • Built in 1900

Lot Details

  • 3,920 Sq Ft Lot
  • Level Lot

Home Design

  • Quadruplex
  • Stone Foundation
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 3,836 Sq Ft Home
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 7 Car Parking Spaces
  • Driveway
  • On-Street Parking
  • Open Parking
  • Off-Street Parking

Utilities

  • No Cooling
  • 4 Heating Zones
  • Heating Available
  • Separate Meters
  • Natural Gas Connected

Additional Features

  • Enclosed Patio or Porch
  • Property is near public transit and schools

Listing and Financial Details

  • Total Actual Rent $5,400
  • Rent includes unit 1(water), unit 2(water), unit 3(water), unit 4(water)
  • Assessor Parcel Number M:201 B:4680 L:67

Community Details

Overview

  • 4 Units
  • Property has 1 Level

Amenities

  • Medical Services
  • Shops

Recreation

  • Park
  • Jogging Path

Building Details

  • Net Operating Income $64,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,567

Year Built

Built in 1900

Lot Details

3,920 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 4 Family - 4 Units Up/Down
  • Year Built: 1900
  • Buyer Agency Type: %
  • Transaction Broker Type: %
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: Yes
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Stories: 6

Interior Features

  • Flooring: Wood,Tile,Carpet, Unit 1(undefined), Unit 2(Wood Flooring,Wall to Wall Carpet), Unit 3(Wall to Wall Carpet), Unit 4(Wall to Wall Carpet)
  • Interior Amenities: Unit 1(Bathroom With Tub & Shower), Unit 2(Ceiling Fans,Bathroom With Tub & Shower), Unit 3(Ceiling Fans,Bathroom With Tub & Shower), Unit 4(Ceiling Fans,Bathroom With Tub & Shower), 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: Washer, Dryer, Unit 1(Range,Refrigerator), Unit 2(Range,Refrigerator), Unit 3(Range,Refrigerator,Washer,Dryer), Unit 4(Range,Refrigerator,Washer,Dryer), Utility Connections for Gas Range
  • Total Bedrooms: 8
  • Full Bathrooms: 4
  • Total Bathrooms: 4
  • Basement: Full, Unfinished
  • Living Area: 3836
  • Stories Total: 6
  • MAIN LO: G95166
  • MAIN SO: G95166

Exterior Features

  • Construction Materials: Frame
  • Foundation Details: Stone
  • Patio And Porch Features: Patio - Enclosed
  • Road Frontage Type: Public
  • Roof: Shingle
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Off Street, On Street
  • Total Parking Spaces: 7

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Range
  • Cooling: Unit 1(None), Unit 2(None), Unit 3(None), Unit 4(None)
  • Heating: Unit 1(Forced Air,Gas), Unit 2(Gas), Unit 3(Hot Water Baseboard,Gas), Unit 4(Hot Water Baseboard,Gas)
  • Cooling Y N: No
  • Electric: Circuit Breakers, Individually Metered
  • Heating YN: Yes
  • Water Source: Public
  • HEAT UNITS: 4
  • HEAT ZONES: 4
  • COOLING ZONES: 0

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Highway Access, Public School
  • Rent Includes: Unit 1(Water), Unit 2(Water), Unit 3(Water), Unit 4(Water)

Lot Info

  • Parcel Number: M:201 B:4680 L:67
  • Zoning: TTF
  • Farm Land Area Units: Square Feet
  • Lot Features: Level
  • Lot Size Acres: 0.09
  • Lot Size Sq Ft: 3920.399999
  • Lot Size Units: Acres
  • LOT SIZE: 3916

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 6567

Multi Family

  • Net Operating Income: 64800
  • Number Of Units Total: 4
  • Total Actual Rent: 5400
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 4: 1
  • LEVELS 3: 1
  • LEASE 4: N
  • LEASE 3: N
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 3: 1

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 29, 2022
Closed on
May 25, 2022
Sold by
Montbleau Joann
Bought by
Seller's Agent
Ruth Berube-Leach
Keller Williams Realty-Merrimack
Buyer's Agent
Deborah Courtney
Keller Williams Realty - Merrimack
List Price
$725,000
Sold Price
$770,000
Premium/Discount to List
$45,000
6.21%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$577,500
Outstanding Balance
$541,388
Interest Rate
5.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 1, 1985
Bought by
Montbleau Joann
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$770,000 None Available
Montbleau Joann $82,500 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open -- $577,500
Previous Owner Montbleau Joann $144,900
Closed Montbleau Joann M $100,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
05/25/2022 05/25/22 Sold $770,000 +6.2% $201 / Sq Ft
04/04/2022 04/04/22 Pending -- -- --
03/29/2022 03/29/22 For Sale $725,000 -- $189 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $8,669 $755,100 $111,400 $643,700
2024 $8,676 $728,500 $109,100 $619,400
2023 $8,402 $676,500 $94,900 $581,600
2022 $6,567 $517,500 $75,500 $442,000
2021 $6,126 $455,100 $65,700 $389,400
2020 $6,114 $457,600 $68,200 $389,400
2019 $5,108 $363,800 $67,900 $295,900
2018 $4,426 $343,100 $64,700 $278,400
2017 $4,421 $296,300 $58,800 $237,500
2016 $4,399 $290,200 $52,700 $237,500
2015 $3,904 $252,200 $52,700 $199,500
2013 $3,640 $242,500 $60,900 $181,600
Source: Public Records

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72958586

MLS Property Information Network (MLS PIN)
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