716 Lawrence St Lowell, MA 01852
Sacred Heart NeighborhoodEstimated payment $3,978/month
Highlights
- Deck
- Wood Flooring
- Solid Surface Countertops
- Property is near public transit and schools
- Attic
- 4-minute walk to Father Kirwin Playground
About This Home
INVESTOR'S DREAM - HIGH RENTS - $60,600 ANNUAL GROSS INCOME. This property brings in higher rents that more expensive 2 family properties. UNIT #1: 3 bedrooms, kitchen w/granite counters, livrm w/wood flooring and full bathroom.($2,400/MONTH). UNIT #2 - 4 bedrooms, kitchen w/granite counters, livrm w/wood flooring, full bath and pull down to attic space. There is also a back deck just for this unit ($2,650/MONTH. Unit #1 has lead Certificate of Maintained Compliance. Apartment Compliance Certs for both units from Lowell Inspectional Svs. This property offers vinyl siding, back yard and new owner can obtain a permit for 1 parking space. Additional parking on street. **Tenants would like to remain. Unit 1 lease ends October, 2026. Unit #2 lease ends February, 2027. Walk-out dirt basement great for storage. Great investment opportunity with ANNUAL GROSS RENTAL INCOME OF $60,600. Tenants would like to remain PHOTOS ARE PREVIOUS TO TENANTS OCCUPANCY *716 Lawrence St is the property with the green & red barrels in front" Put your touches on this multi-family with backyard and make it shine! All separate utilities other than water/sewer.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,041
Year Built
- Built in 1900
Lot Details
- 2,814 Sq Ft Lot
- Gentle Sloping Lot
- Cleared Lot
Home Design
- Duplex
- Stone Foundation
- Shingle Roof
Interior Spaces
- 2,585 Sq Ft Home
- Property has 1 Level
- Insulated Windows
- Insulated Doors
- Living Room
- Attic
Kitchen
- Range
- Microwave
- Solid Surface Countertops
Flooring
- Wood
- Laminate
Bedrooms and Bathrooms
- 7 Bedrooms
- 2 Full Bathrooms
- Bathtub with Shower
Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
- Interior Basement Entry
- Dirt Floor
Parking
- On-Street Parking
- Open Parking
Outdoor Features
- Balcony
- Deck
- Rain Gutters
Additional Features
- Property is near public transit and schools
- Central Heating
Listing and Financial Details
- Rent includes unit 1(water), unit 2(water)
- Assessor Parcel Number 4623339
Community Details
Recreation
- Park
Additional Features
- 2 Units
- Shops
- Net Operating Income $60,600
Map
Home Values in the Area
Average Home Value in this Area
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 | $6,041 | $526,200 | $105,700 | $420,500 |
| 2024 | $5,563 | $467,100 | $95,300 | $371,800 |
| 2023 | $5,183 | $417,300 | $82,900 | $334,400 |
| 2022 | $4,670 | $368,000 | $65,400 | $302,600 |
| 2021 | $4,334 | $322,000 | $56,800 | $265,200 |
| 2020 | $3,896 | $291,600 | $47,400 | $244,200 |
| 2019 | $2,975 | $211,900 | $43,900 | $168,000 |
| 2018 | $2,566 | $192,400 | $41,800 | $150,600 |
| 2017 | $2,732 | $183,100 | $45,600 | $137,500 |
| 2016 | $3,381 | $223,000 | $45,800 | $177,200 |
| 2015 | $3,104 | $200,500 | $45,800 | $154,700 |
| 2013 | -- | $170,500 | $52,800 | $117,700 |
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 | Prior Sale |
|---|---|---|---|---|---|
| 06/04/2026 06/04/26 | For Sale | $629,900 | +5.0% | $244 / Sq Ft | |
| 12/07/2023 12/07/23 | Sold | $600,000 | +3.4% | $232 / Sq Ft | View Prior Sale |
| 10/11/2023 10/11/23 | Pending | -- | -- | -- | |
| 09/14/2023 09/14/23 | For Sale | $579,999 | +36.5% | $224 / Sq Ft | |
| 07/15/2021 07/15/21 | Sold | $425,000 | +1.2% | $164 / Sq Ft | View Prior Sale |
| 05/19/2021 05/19/21 | Pending | -- | -- | -- | |
| 05/11/2021 05/11/21 | For Sale | $419,900 | -- | $163 / Sq Ft |
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | $600,000 | None Available | |
| Quit Claim Deed | $425,000 | None Available | |
| Quit Claim Deed | $351,000 | -- | |
| Quit Claim Deed | $190,000 | -- | |
| Deed | $89,250 | -- | |
| Deed | -- | -- | |
| Foreclosure Deed | $225,174 | -- | |
| Deed | $148,500 | -- | |
| Deed | $231,000 | -- | |
| Deed | -- | -- | |
| Deed | -- | -- |
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 | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $558,000 | Purchase Money Mortgage | |
| Previous Owner | $342,881 | Purchase Money Mortgage | |
| Previous Owner | $344,536 | FHA | |
| Previous Owner | $344,642 | FHA | |
| Previous Owner | $142,500 | New Conventional | |
| Previous Owner | $140,000 | No Value Available | |
| Previous Owner | $113,800 | Purchase Money Mortgage | |
| Previous Owner | $64,000 | No Value Available | |
| Previous Owner | $208,000 | No Value Available | |
| Closed | $29,700 | No Value Available | |
| Previous Owner | $46,200 | No Value Available | |
| Closed | $150,000 | Purchase Money Mortgage |
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73530166
APN: LOWE-000204-003520-000716
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Ask me questions while you tour the home.