NOT LISTED FOR SALE

8 Book St Dracut, MA 01826

11 Beds
7 Baths
4,857 Sq Ft
0.25 Acres

Last Sold February 16, 2022

Last sale price $870,000 $179 Per Sq Ft

6 Days on Market

About This Home

As of February 2022

An investors dream...great location, pristine units, long term tenants, plenty of square footage, off street parking and so much more! This one of a kind 4 unit property has 1 unit in Dracut, 1 unit half in Dracut and half in Lowell and 2 units in Lowell (addresses: 8 Book St., Dracut, MA and 21 Bachman St., Lowell, MA). This property has had the same owner for over 35 years, extremely well maintained and updated. One side has off street parking and the other has a level grass, fenced in yard. Utilities includes 2-100 amp and 2- 200 amp electric panels; laundry hookups available; FHW and Electric heating; 3 electric stoves, 1 gas stove, 2 dishwashers and 2 garbage disposals are included with the sale; 2 separate basements which provide storage areas. Located near U-MASS Lowell, few minutes to downtown Lowell, 10 mins to NH tax free shopping, close to the Merrimack River and Beaver Brook. This one is a must see!

Last Agent to Sell the Property

Diana Paquette

LAER Realty Partners Listed on: 11/01/2021

LAER Realty Partners

Co-Listed By

Bryan Perreira

LAER Realty Partners

Last Buyer's Agent

David Rahimian

Primary Homes Realty LLC

Property Details

Home Type

  • Multi-Family

Year Built

  • 1910

Lot Details

  • 0.25

Additional Features

  • Property has 2 Levels
  • 4 Heating Zones

Property Details

Home Type

Multi-Family

Year Built

1910

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 4 Family - 4 Units Side by Side
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: Yes
  • Directions: Lakeview Ave. to Book St. or Bachman St.
  • Garage Yn: No
  • Road Frontage Type: Public
  • Year Built Details: Approximate
  • Special Features: None
  • Year Built: 1910

Interior Features

  • Appliances: Unit 1(Range,Dishwasher,Disposal), Unit 2(Range,Dishwasher,Disposal), Unit 3(Range), Unit 4(Range), Gas Water Heater,Electric Water Heater, Utility Connections for Gas Range, Utility Connections for Electric Range
  • Has Basement: Full, Bulkhead, Concrete, Unfinished
  • MAIN LO: AN1199
  • MAIN SO: AN3393
  • Full Bathrooms: 6
  • Half Bathrooms: 1
  • Total Bedrooms: 11
  • Fireplace: No
  • Flooring: Wood,Carpet,Laminate,Wood Laminate, Unit 3(Hardwood Floors), Unit 4(Hardwood Floors)
  • Interior Amenities: Unit 1(Storage), Unit 2(Ceiling Fans), Unit 1 Rooms(Living Room,Dining Room,Kitchen,Mudroom), Unit 2 Rooms(Living Room,Kitchen,Other (See Remarks)), Unit 3 Rooms(Living Room,Kitchen), Unit 4 Rooms(Living Room,Kitchen)
  • Stories: 6

Exterior Features

  • Exterior Features: Rain Gutters, Storage, Unit 1 Balcony/Deck, Unit 3 Balcony/Deck
  • Foundation Details: Stone, Granite
  • Construction Type: Frame
  • Disclosures: Property Has 2 Addresses...8 Book St., Dracut, Ma And 21 Bachman St., Lowell, Ma.
  • Fencing: Fenced/Enclosed, Fenced
  • Patio And Porch Features: Porch, Deck - Roof
  • Waterfront: No

Garage/Parking

  • Parking Features: Paved Drive, Off Street, On Street, Paved
  • Open Parking: Yes
  • Total Parking Spaces: 8

Utilities

  • Cooling: Unit 1(None), Unit 2(None), Unit 3(None), Unit 4(None)
  • Heating: Unit 1(Gas), Unit 2(Gas), Unit 3(Gas), Unit 4(Gas)
  • SEWAGE DISTRICT: Lowel
  • HEAT UNITS: 4
  • HEAT ZONES: 4
  • COOLING ZONES: 0
  • Cooling Y N: No
  • Electric: 220 Volts, 100 Amp Service, Individually Metered
  • Heating Yn: Yes
  • Laundry Features: Washer Hookup, Unit 1 Laundry Room, Unit 2 Laundry Room
  • Sewer: Public Sewer
  • Utilities: for Gas Range, for Electric Range, Washer Hookup
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Public Transportation, University
  • HOA Rent Includes: Unit 1(Water,Other (See Remarks)), Unit 2(Water,Other (See Remarks)), Unit 3(Water,Other (See Remarks)), Unit 4(Water,Other (See Remarks))
  • Senior Community: No

Lot Info

  • LOT SIZE: 11072
  • Farm Land Area Units: Square Feet
  • Lot Size Sq Ft: 10890
  • Zoning: R3

Multi Family

  • LEVELS 1: 2
  • LEVELS 4: 1
  • LEVELS 3: 1
  • LEASE 3: N
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 3: 2
  • Annual Gross Income: 70200
  • Insurance Expense: 2435
  • Property Net Operating Income: 57281
  • Number Of Units Total: 4
  • Annual Operating Expense: 12919
  • Total Actual Rent: 5850

Tax Info

  • Tax Annual Amount: 8084
  • Tax Block: 0
  • Tax Book Number: 1096
  • Tax Lot: 116
  • Tax Map Number: 62
  • Tax Year: 2021

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Sold Price
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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 List to Sale Price per Sq Ft
02/16/2022 02/16/22 Sold $870,000 +2.5% $179 / Sq Ft
11/08/2021 11/08/21 Pending -- -- --
11/01/2021 11/01/21 For Sale $849,000 -- $175 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Diana Paquette

    Seller's Agent in 2022

    Diana Paquette

    Laer Realty

    (978) 363-6498

    3 in this area

    111 Total Sales

    Diana Paquette
    Section Image
  • Bryan Perreira

    Seller Co-Listing Agent in 2022

    Bryan Perreira

    Laer Realty

    (978) 337-0682

    4 in this area

    120 Total Sales

    Bryan Perreira
    Section Image

  • D

    Buyer's Agent in 2022

    David Rahimian

    Primary Homes Realty LLC

    (978) 985-5988

    1 in this area

    2 Total Sales

    David Rahimian
    Section Image
See All Agents

Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72914641

MLS Property Information Network (MLS PIN)
Massachusetts Middlesex County Dracut 01826

8 Book St, Dracut, MA

Not Listed for Sale

MultiFamily

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