Price Reduction - Fixer Upper
Address
99-105 Mammoth Rd, Lowell, MA
Price
$ 1,100,000
Property Attributes
- MLS#73226205
- TypeMulti-Family
- CountyMIDDLESEX
- CityLowell
- Zip01854
- Style5-9 Family
- Year Built1880
- Taxes$ 16682
- Price$ 1,100,000
- Bedrooms11
- Full Bathrooms6
- Half Bathrooms4
- Sqr Footage9169
Data Source:
Massachusetts MLS Property Info Network (MLSPIN)
Property Description
Situated at 99-105 Mammoth in Lowell, MA, this multi-family property stands out as a lucrative investment opportunity. Comprising six residential units and three commercial units, it offers a diverse range of rental spaces. The residential units boast a total of 11 bedrooms and six full baths, providing ample accommodation for tenants. Meanwhile, the commercial space includes four half baths, catering to various business needs. Its proximity to Umass Lowell adds to its attractiveness, appealing to students and faculty seeking nearby housing and services. With tenants responsible for paying utilities, this property offers the potential for positive cash flow. Overall, this property presents a promising prospect for investors aiming to capitalize on the thriving market in Lowell.
| Price History | |
|---|---|
| 4/19/2024 | Listed $1,400,000 |
| 4/30/2024 | 22% - $1,100,000 |
General Features
| Sewer | Public Sewer |
|---|---|
| Roof | Shingle |
| Zoning | NB |
| Construction Materials | Frame |
| Year Built | 1880 |
| Electric | 200+ Amp Service |
| Property SubType | 5-9 Family |
| Tax Year | 2023 |
| Gross Income | 67200 |
| Community Features | Public Transportation,Park,Public School,University |
| County | Middlesex |
| Net Operating Income | 67200 |
| Property Type | Residential Income |
| Garage Y/N | No |
| Total Rooms | 33 |
| Status | Price Changed |
| Directions | Rt.113/Varnum Ave to Mammoth Road |
| City | Lowell |
| Disclosures | Property sold as is. |
| Senior Community Y/N | No |
| Total Units | 9 |
| Lot Size Square Feet | 0.34 |
| Waterfront Y/N | No |
| Street Name | Mammoth Rd |
| Year Built Details | Approximate |
| Tax Annual Amount | 16682 |
| Home Warranty Y/N | No |
| Building Area Units | Square Feet |
| Standard Status | Active |
| Year Built Source | Public Records |
| Tax Assessed Value | 684800 |
| Total Actual Rent | 3500 |
| Compensation Based On | Net Sale Price |
| Sub-Agency Relationship Offered | No |
Interior Features
| Basement | Full |
|---|---|
| Flooring | Vinyl,Carpet |
| Total Stories | 6 |
| Fireplace Y/N | No |
| Full Baths | 6 |
| Half Baths | 4 |
| Total Bedrooms | 11 |
| Total Baths | 10 |
Exterior Features
| Parking Features | Paved Drive,Off Street,Paved |
|---|---|
| Lot Features | Level |
| Water Source | Public |
| Total Parking | 16 |
| Foundation Details | Concrete Perimeter,Slab,Irregular |
| Spa | No |
| Building Area Total | 9169 |
| Lot Size Units | Acres |
| Road Frontage Type | Public |
| Open Parking Y/N | Yes |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Multi-Family Average in 01854
Price
Taxes
Visits
Year Built
Massachusetts MLS Property Info Network (MLSPIN) - The property listing data and information 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 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
