NOT LISTED FOR SALE

Estimated Value: $753,000 - $790,147

12 Beds
3 Baths
3,276 Sq Ft
$237/Sq Ft Est. Value

Last Sold September 21, 2023

Last sale price $690,000 $211 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $4,797/month

6 Days on Market

Highlights

  • Medical Services
  • Property is near public transit
  • Laundry Room
  • Deck
  • Park
  • 5-minute walk to Jollene Dubner Park

About This Home

As of September 2023

Investment opportunity! This 3-family house presents an incredible opportunity for investors or owner-occupants looking to generate rental income. Live in one unit while renting out the others and take advantage of the robust rental market in the area. Each unit boasts ample living space, with 4 bedrooms and 1 bath, ensuring comfortable and private living arrangements for all occupants. The second floor unit is unoccupied with newly update flooring and paint. With its prime location, this property is sure to capture your attention. Ideally situated in Lowell, this property offers easy access to a wide range of amenities. Explore the vibrant downtown area with its diverse dining options, shopping centers, entertainment venues, and cultural attractions. Additionally, the property benefits from proximity to major highways and public transportation, making commuting a breeze. Don't miss out on the chance to own this fantastic 3-family house.

Last Agent to Sell the Property

Emanuel Andrade

Keller Williams Realty - Merrimack License #456012134 Listed on: 05/25/2023

Keller Williams Realty - Merrimack

Last Buyer's Agent

Michael Ihionu

Home America Realty & Investments

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,914

Year Built

  • Built in 1890 | Remodeled

Lot Details

  • 1,673 Sq Ft Lot
  • Fenced
  • Level Lot

Home Design

  • Triplex
  • Stone Foundation
  • Frame Construction
  • Rubber Roof

Interior Spaces

  • 3,276 Sq Ft Home
  • Window Screens
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Flooring

  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • On-Street Parking
  • Open Parking

Outdoor Features

  • Deck

Location

  • Property is near public transit
  • Property is near schools

Schools

  • Shaughnessy Elementary School
  • Butler Middle School
  • Lowell High School

Utilities

  • No Cooling
  • Heating Available
  • Natural Gas Connected

Listing and Financial Details

  • Total Actual Rent $3,800
  • Rent includes unit 1(water), unit 2(water), unit 3(water)
  • Assessor Parcel Number 3190442

Community Details

Overview

  • 3 Units
  • Property has 1 Level

Amenities

  • Medical Services
  • Shops
  • Coin Laundry

Recreation

  • Park

Building Details

  • Net Operating Income $45,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,914

Year Built

Built in 1890 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 3 Family - 3 Units Up/Down
  • Property Condition: Unit 2 Remodeled
  • Year Built: 1890
  • Buyer Agency: 2.0
  • Sub Agent Compensation: 2.0
  • Transaction Broker: 0.0
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: Yes
  • Compensation Based On: Gross/Full Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 6

Interior Features

  • Flooring: Vinyl,Carpet,Wood Laminate, Unit 1(undefined), Unit 3(Wall to Wall Carpet)
  • Interior Amenities: Unit 1(Lead Certification Available,Bathroom With Tub & Shower), Unit 2(Lead Certification Available,Bathroom With Tub & Shower), Unit 3(Lead Certification Available,Bathroom With Tub & Shower), Unit 1 Rooms(Living Room,Kitchen), Unit 2 Rooms(Living Room,Kitchen), Unit 3 Rooms(Living Room,Kitchen)
  • Fireplace YN: No
  • Appliances: Washer, Dryer, Unit 1(Range,Refrigerator), Unit 2(Range,Refrigerator), Unit 3(Range,Refrigerator), Utility Connections for Gas Range, Utility Connections for Electric Dryer
  • Total Bedrooms: 12
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Total Bathrooms: 3
  • Laundry Features: Laundry Room, Washer Hookup
  • Basement: Full, Unfinished
  • Living Area: 3276
  • Spa YN: No
  • Stories Total: 6
  • Window Features: Screens
  • MAIN LO: G95166
  • LIST PRICE PER Sq Ft: 198.41
  • PRICE PER Sq Ft: 210.62
  • MAIN SO: NB2388

Exterior Features

  • Exterior Features: Deck,Screens,Fenced Yard, Unit 1 Balcony/Deck, Unit 2 Balcony/Deck
  • Construction Materials: Frame
  • Fencing: Fenced/Enclosed, Fenced
  • Foundation Details: Stone
  • Home Warranty YN: No
  • Patio And Porch Features: Deck
  • Road Frontage Type: Public
  • Roof: Rubber
  • Waterfront YN: No

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Range, for Electric Dryer, Washer Hookup
  • Cooling: Unit 1(None), Unit 2(None), Unit 3(None)
  • Heating: Unit 1(Forced Air,Gas), Unit 2(Forced Air,Gas), Unit 3(Forced Air,Gas)
  • Cooling Y N: No
  • Electric: Circuit Breakers
  • Heating YN: Yes
  • Water Source: Public
  • Hot Water: Natural Gas

Condo/Co-op/Association

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

Lot Info

  • Parcel Number: 3190442
  • Zoning: TMU
  • Farm Land Area Units: Square Feet
  • Lot Features: Level
  • Lot Size Acres: 0.04
  • Lot Size Area: 0.04
  • Lot Size Sq Ft: 1673
  • Lot Size Units: Acres
  • PAGE: 274
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 5914
  • Tax Book Number: 29496

Multi Family

  • Gross Income: 45600
  • Net Operating Income: 45600
  • Number Of Units Total: 3
  • Total Actual Rent: 3800
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 2: 1
  • LEVELS 3: 1
  • LEASE 3: Y
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 1: 1
  • FLRS 3: 3
  • FLRS 2: 2

MLS Schools

  • High School: Lowell High
  • Elementary School: Shaughnessy
  • Middle Or Junior School: Butler

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 29, 2015
Closed on
Oct 13, 2015
Sold by
Fnma
Bought by
Haque Mafruha
Seller's Agent
Eddie Hoskins
Hoskins Realty, Inc.
Buyer's Agent
Joseph Ready
Century 21 Your Way
List Price
$309,900
Sold Price
$289,900
Premium/Discount to List
-$20,000
-6.45%
Current Estimated Value
$763,681

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$473,781
Avg. Annual Appreciation
10.57%
Original Mortgage
$217,425
Interest Rate
3.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 18, 2015
Sold by
Evelyn Gerald A and Nationstar Mortgage Ll
Bought by
Fnma

Purchase Details

Closed on
Aug 29, 2003
Sold by
9 Ames St Rt and Rabias
Bought by
Evelyn Gerald A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$283,500
Interest Rate
5.69%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 1, 1990
Sold by
Morais Lucia
Bought by
Cadime Anselmo
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Haque Mafruha $289,900 --
Haque Mafruha $289,900 --
Fnma $385,737 --
Fnma $385,737 --
Evelyn Gerald A $315,000 --
Evelyn Gerald A $315,000 --
Cadime Anselmo $105,000 --
Cadime Anselmo $105,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Augustin Jean P $583,739
Closed Augustin Jean P $583,739
Closed Haque Mafruha $217,425
Previous Owner Evelyn Gerald A $283,500
Previous Owner Cadime Anselmo $60,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/21/2023 09/21/23 Sold $690,000 +6.2% $211 / Sq Ft
06/01/2023 06/01/23 Pending -- -- --
05/25/2023 05/25/23 For Sale $650,000 +124.2% $198 / Sq Ft
10/13/2015 10/13/15 Sold $289,900 -6.5% $88 / Sq Ft
09/13/2015 09/13/15 Pending -- -- --
07/29/2015 07/29/15 For Sale $309,900 -- $95 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Tax History Compared to Growth

Source: Public Records

Tax History

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 $6,961 $606,400 $93,200 $513,200
2024 $6,598 $554,000 $84,100 $469,900
2023 $6,489 $522,500 $73,100 $449,400
2022 $5,914 $466,000 $57,700 $408,300
2021 $5,096 $378,600 $50,200 $328,400
2020 $4,549 $340,500 $41,800 $298,700
2019 $4,417 $314,600 $38,700 $275,900
2018 $4,008 $278,500 $36,900 $241,600
2017 $3,899 $261,300 $40,200 $221,100
2016 $3,652 $240,900 $40,400 $200,500
2015 $3,446 $222,600 $40,400 $182,200
2013 -- $196,100 $46,700 $149,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73116371

MLS Property Information Network (MLS PIN)

APN: LOWE-000181-000135-000009