NOT LISTED FOR SALE

73 Aiken Ave Lowell, MA 01850

Centralville Neighborhood
12 Beds
6 Baths
4,610 Sq Ft
5,227 Sq Ft Lot

Last Sold May 11, 2022

Last sale price $837,500 $182 Per Sq Ft

84 Days on Market

Highlights

  • Property is near public transit
  • Corner Lot
  • Porch

About This Home

As of May 2022

Certified Treated for Lead...where will you find a multi-unit property with this huge bonus?! This is an amazing investment opportunity for the saavy investor - 6 units in this home and all are currently occupied. There are 4 three-bedroom units and 2 one-bedroom units and a shared fenced yard. Heat is included in the rent for the one bedroom units and is separately metered for the others. The one-bedroom unit not listed in the unit descriptions is on the third floor. Conveniently located close to shops, downtown Lowell, trails and conservation areas.

Last Agent to Sell the Property

Debi Malone

LAER Realty Partners Listed on: 10/27/2021

LAER Realty Partners

Last Buyer's Agent

Nancy Rogers

LAER Realty Partners

LAER Realty Partners

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,784

Year Built

  • Built in 1890

Lot Details

  • 5,227 Sq Ft Lot
  • Corner Lot

Home Design

  • Stone Foundation
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 4,610 Sq Ft Home
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 6 Full Bathrooms

Parking

  • On-Street Parking
  • Open Parking

Utilities

  • No Cooling
  • Separate Meters
  • Knob And Tube Electrical Wiring
  • Natural Gas Connected
  • Gas Water Heater

Additional Features

  • Porch
  • Property is near public transit

Listing and Financial Details

  • Total Actual Rent $6,700
  • Assessor Parcel Number M:154 B:65 L:73,3186636

Community Details

Overview

  • 6 Units
  • Property has 1 Level

Building Details

  • Electric Expense $300
  • Insurance Expense $6,800
  • Water Sewer Expense $4,713
  • Operating Expense $34,197
  • Net Operating Income $46,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,784

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 5-9 Family
  • Year Built: 1890
  • Buyer Agency: 2
  • Buyer Agency Type: %
  • Transaction Broker: 2
  • Transaction Broker Type: %
  • Year Built Details: Renovated Since
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: Yes
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Stories: 9

Interior Features

  • Interior Amenities: Other (See Remarks)
  • Fireplace YN: No
  • Appliances: Gas Water Heater, Utility Connections for Gas Range
  • Total Bedrooms: 12
  • Full Bathrooms: 6
  • Total Bathrooms: 6
  • Total Bathrooms: 6
  • Basement: Full
  • Living Area: 4610
  • Stories Total: 9
  • MAIN LO: AN1199
  • LIST PRICE PER Sq Ft: 189.8
  • PRICE PER Sq Ft: 181.67
  • MAIN SO: AN1199

Exterior Features

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

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: On Street

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Range
  • Cooling: None
  • Cooling Y N: No
  • Electric: Fuses, Individually Metered, Knob & Tube Wiring
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Public Transportation

Fee Information

  • Water Sewer Expenses: 4713

Lot Info

  • Parcel Number: M:154 B:65 L:73,3186636
  • Zoning: M2001
  • Farm Land Area Units: Square Feet
  • Lot Features: Corner Lot
  • Lot Size Acres: 0.12
  • Lot Size Area: 0.12
  • Lot Size Sq Ft: 5227.2
  • Lot Size Units: Acres
  • LOT SIZE: 5337
  • PAGE: 256

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 8784
  • Tax Book Number: 30684

Multi Family

  • Electric Expense: 300
  • Gross Income: 80400
  • Insurance Expense: 6800
  • Net Operating Income: 46200
  • Number Of Units Total: 6
  • Operating Expense: 34197
  • Total Actual Rent: 6700
  • LEVELS 1: 1
  • LEVELS 4: 1
  • LEVELS 2: 1
  • LEVELS 3: 1
  • LEASE 4: N
  • LEASE 3: N
  • LEASE 2: Y
  • LEASE 1: N
  • FLRS 1: 1
  • FLRS 4: 2
  • FLRS 3: 2
  • FLRS 2: 1

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
05/11/2022 05/11/22 Sold $837,500 -6.8% $182 / Sq Ft
01/20/2022 01/20/22 Pending -- -- --
10/27/2021 10/27/21 For Sale $899,000 +72.9% $195 / Sq Ft
11/22/2016 11/22/16 Sold $520,000 -1.0% $113 / Sq Ft
09/17/2016 09/17/16 Pending -- -- --
08/31/2016 08/31/16 For Sale $525,000 -- $114 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Debi Malone

    Seller's Agent in 2022

    Debi Malone

    Laer Realty

    (781) 929-2127

    3 in this area

    96 Total Sales

    Debi Malone
    Section Image
  • Nancy Rogers

    Buyer's Agent in 2022

    Nancy Rogers

    Laer Realty

    (978) 251-8221

    10 in this area

    229 Total Sales

    Nancy Rogers
    Section Image
  • Karla Miller

    Seller's Agent in 2016

    Karla Miller

    Keller Williams Realty-Merrimack

    (978) 337-2915

    8 Total Sales

    Karla Miller
    Section Image
See All Agents

Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72913476

MLS Property Information Network (MLS PIN)
Massachusetts Middlesex County Lowell 01850 Centralville

73 Aiken Ave, Lowell, MA

This home is located at 73 Aiken Ave, Lowell, MA 01850 since 27 October 2021. This property was built in 1890. 73 Aiken Ave is a home located in Middlesex County with nearby schools including Greenhalge Elementary School, S. Christa McAuliffe Elementary School, and Moody 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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