NOT LISTED FOR SALE
12 Beds
4 Baths
4,000 Sq Ft
7,067 Sq Ft Lot

Last Sold October 31, 2022

Last sale price $705,000 $176 Per Sq Ft

6 Days on Market

Highlights

  • 0.16 Acre Lot
  • Porch
  • Laundry Room
  • Property is near public transit
  • Park
  • Shops

About This Home

As of October 2022

Large 4 family property in the heart of the Acre, nestled between North and South campus of UMass Lowell, the front building has three bedrooms with large walk-in closet and updated kitchen and in unit laundry and an updated kitchen, the second floor apt has 2 bedrooms and a office/den that's being used as the third bedroom. The rear building has a two car garage, three bedrooms with a full master suite over the garage and two other baths. The unit to the right consist of two bedrooms a living room and a kitchen and room off the kitchen that's being used as storage. All rents could be higher. With a little elbow grease this place could shine. Based on showing activity I will be doing group showings.

Last Agent to Sell the Property

Kevin Durkin

LAER Realty Partners Listed on: 09/08/2022

LAER Realty Partners

Last Buyer's Agent

Jucelia Oliveira

Delmaschio Group Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,802

Year Built

  • Built in 1900

Lot Details

  • 7,067

Home Design

  • 4,000 Sq Ft Home
  • Quadruplex
  • Stone Foundation
  • Frame Construction
  • Shingle Roof
  • Slate Roof
  • Rubber Roof

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 4 Full Bathrooms

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Parking

  • 8 Car Parking Spaces
  • Driveway
  • Open Parking
  • Off-Street Parking

Location

  • Property is near public transit
  • Property is near schools

Utilities

  • Heating Available
  • Gas Water Heater

Additional Features

  • Laundry Room
  • Porch
  • 7,067 Sq Ft Lot

Listing and Financial Details

  • Total Actual Rent $5,800
  • Rent includes unit 1(water), unit 2(water), unit 3(water), unit 4(water)
  • Assessor Parcel Number M:101 B:795 L:670,3180160

Community Details

Overview

  • 4 Units
  • Property has 1 Level

Amenities

  • Shops

Recreation

  • Park

Building Details

  • Insurance Expense $3,335
  • Water Sewer Expense $5,600
  • Operating Expense $12,951
  • Net Operating Income $56,649

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,802

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 4 Family - 4 Units Side by Side
  • Year Built: 1900
  • Buyer Agency: 2.0
  • Transaction Broker: 2.0
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: Owner
  • 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,Office/Den)
  • Fireplace YN: No
  • Appliances: Unit 1(Range,Refrigerator), Gas Water Heater
  • Total Bedrooms: 12
  • Full Bathrooms: 4
  • Total Bathrooms: 4
  • Total Bathrooms: 4
  • Laundry Features: Unit 1 Laundry Room
  • Basement: Full, Walk-Out Access
  • Living Area: 4000
  • Stories Total: 6
  • MAIN LO: AN1199
  • LIST PRICE PER Sq Ft: 162.48
  • PRICE PER Sq Ft: 176.25
  • MAIN SO: AN5819

Exterior Features

  • Construction Materials: Frame
  • Foundation Details: Stone
  • Patio And Porch Features: Porch
  • Road Surface Type: Paved
  • Roof: Shingle, Slate, Rubber
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Off Street
  • Total Parking Spaces: 8

Utilities

  • Sewer: Public Sewer
  • Heating: Baseboard,Natural Gas
  • Electric: Circuit Breakers
  • Heating YN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Park, Highway Access, House of Worship, Private School, Public School, T-Station, University, Sidewalks
  • Rent Includes: Unit 1(Water), Unit 2(Water), Unit 3(Water), Unit 4(Water)
  • Senior Community YN: No

Fee Information

  • Water Sewer Expenses: 5600

Lot Info

  • Parcel Number: M:101 B:795 L:670,3180160
  • Zoning: TTF
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.16
  • Lot Size Area: 0.16
  • Lot Size Sq Ft: 7067
  • Lot Size Units: Acres
  • PAGE: 132
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 6802
  • Tax Book Number: 22017

Multi Family

  • Gross Income: 69600
  • Insurance Expense: 3335
  • Net Operating Income: 56649
  • Number Of Units Total: 4
  • Operating Expense: 12951
  • Total Actual Rent: 5800
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 4: 2
  • LEVELS 2: 1
  • LEVELS 3: 2
  • LEASE 4: N
  • LEASE 3: N
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 1: 1
  • FLRS 4: 1
  • FLRS 3: 1
  • FLRS 2: 2

Range of Values:

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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
10/31/2022 10/31/22 Sold $705,000 +8.5% $176 / Sq Ft
09/15/2022 09/15/22 Pending -- -- --
09/08/2022 09/08/22 For Sale $649,900 -- $162 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73034446

MLS Property Information Network (MLS PIN)

APN: LOWE M:000101 T:C07580