Property Attributes
- MLS#73225373
- TypeContingent
- CountyMIDDLESEX
- CityLowell
- Zip01854
- Style4 Family - 4 Units Up/Down
- Year Built1880
- Taxes$ 8309
- Price$ 950,000
- Bedrooms14
- Full Bathrooms5
- Half Bathrooms1
- Sqr Footage4482
- Lot Size9,148 SqFt
Data Source:
Massachusetts MLS Property Info Network (MLSPIN)
Property Description
Great opportunity for the buyer of this fully tenanted four-family in the Acre. All four units currently occupied on leases, with a total monthly rent roll of $9,450.00. All units are separately metered and tenants are responsible for payment of own electric, heat, hot water and cooking. Unit electric panels are in each apartment. Owner has made extensive upgrades to the building during his ownership. During this time, he's installed furnaces, upgraded the electrical and plumbing as necessary, installed two rubber roofs and a sprinkler system. All units have had a cosmetic overhaul over the last year, including paint and flooring. This is a well maintained property by an active owner, therefore no deferred maintenance. All units are lead compliant w/certificates of deleading in hand. Location is on public transit and within a short distance of all area amenities. This is a quality property with a strong rental history and rents. Nothing to do but take ownership and reap the rewards.
Elementary School | Middle School | High School |
---|---|---|
Lowell Public Elementary School | Lowell Public Middle School | Lowell Public High School |
Price History | |
---|---|
4/17/2024 | Listed $950,000 |
General Features
Sewer | Public Sewer |
---|---|
Utilities | Varies per Unit |
Roof | Shingle,Rubber |
Zoning | TMF |
Construction Materials | Frame |
Exclusions | Tenant Belongings. All Laundry Machines Are Property Of Tenants. |
Year Built | 1880 |
Electric | Circuit Breakers |
Property SubType | 4 Family - 4 Units Up/Down |
Tax Year | 2024 |
Gross Income | 113400 |
Community Features | Public Transportation,Shopping,Highway Access,House of Worship,Private School,Public School,T-Station,University |
County | Middlesex |
Net Operating Income | 113400 |
Property Type | Residential Income |
Contingency | Pending P&S |
Garage Y/N | No |
Total Rooms | 22 |
Status | Contingent |
Directions | Pawtucket St. to Mt. Washington St. Building is at the bottom of Mt. Washington St. by Varney St. |
High School | Lowell Public |
City | Lowell |
Senior Community Y/N | No |
Total Units | 4 |
Lot Size Square Feet | 9213 |
Waterfront Y/N | No |
Street Name | Mt. Washington Street |
Elementary School | Lowell Public |
Year Built Details | Renovated Since,Unknown/Mixed |
Tax Annual Amount | 8309 |
Home Warranty Y/N | No |
Middle/Junior High School | Lowell Public |
Building Area Units | Square Feet |
Standard Status | Active Under Contract |
Year Built Source | Public Records |
Tax Assessed Value | 660900 |
Total Actual Rent | 9450 |
Compensation Based On | Net Sale Price |
Sub-Agency Relationship Offered | No |
Interior Features
Basement | Unfinished |
---|---|
Flooring | Varies |
Total Stories | 6 |
Fireplace Y/N | No |
Full Baths | 5 |
Half Baths | 1 |
Total Bedrooms | 14 |
Total Baths | 6 |
Exterior Features
Parking Features | Paved Drive,Off Street,On Street,Driveway,Paved |
---|---|
Lot Features | Gentle Sloping |
Water Source | Public |
Total Parking | 7 |
Lot Size Area | 0.21 |
Foundation Details | Other |
Spa | No |
Building Area Total | 4482 |
Lot Size Acres | 0.21 |
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