Description
Fantastic investment opportunity in Lowell! This multi-family property offers two units, perfect for owner occupancy or adding to an investor’s portfolio. Unit 1: 2 bedrooms, 1 bath Unit 2: 3 bedrooms, 1 bath. Each unit features separate utilities and offers off-street parking for convenience. Located just 4 minutesfrom the T and a short walk to the bus stop, commuting is a breeze. Enjoy being 1 mile from downtown Lowell, a 10-minute walk to Kerouac Park and George McDermott Reservoir. With tenants currently at will and paying below market rents, there is significant potential for increased cash flow. Lowell’s low vacancy rate of only 3.75% makes this a great investment opportunity! Don’t miss out on this excellent multi-family property in a prime location. Some TLC needed reflective of the listing price.
Property Id: 216657
Price: $ 525,000
Property Size: 2,109 ft2
Property Lot Size: 0 ft2
Rooms: 11
Bedrooms: 5
Bathrooms: 2
BathroomsTotalDecimal: 2
BuildingAreaSource: Public Records
BuildingAreaUnits: Square Feet
Basement: Unfinished
BathroomsFull: 2
CommunityFeatures: Public Transportation,Shopping,Park,Walk/Jog Trails,Medical Facility,Laundromat,Highway Access,House of Worship,Public School,T-Station,University
Contingency: Inspection
BuildingAreaTotal: 2109
Directions: Use GPS from your location
ElectricExpense: 360
ExpirationDate: 1900-01-01
FarmLandAreaUnits: Square Feet
FinancialDataSource: Owner
GrossIncome: 43200
IDXParticipationYN: 1
InsuranceExpense: 1830
ListAgentMlsId: CN213471
ConstructionMaterials: Frame
ListOfficeMlsId: AC0756
ListingAgreement: Exclusive Right To Sell
Cooling: Window Unit(s)
ListingService: Entry Only
LotSizeUnits: Acres
MLSPIN_ANT_SOLD_DATE: 2024-12-05T05:00:00.000Z
MLSPIN_APOD_AVAILABLE: No
Exclusions: Washer And Dryer In The Basement Are Tenants.
Fencing: Fenced
FoundationDetails: Stone
MLSPIN_DISCLOSURE: N
MLSPIN_DPR_Flag: No
MLSPIN_ENTERED_BY: CN213471
MLSPIN_FLRS_1: 1
MLSPIN_FLRS_2: 2
Heating: Forced Air
MLSPIN_GRE: 6375
MLSPIN_LEAD_PAINT: Unknown
MLSPIN_LEASE_1: N
MLSPIN_LEASE_2: N
MLSPIN_LEVELS_1: 1
MLSPIN_LEVELS_2: 2
MLSPIN_LISTING_ALERT: No
MLSPIN_LIST_PRICE_PER_SQFT: 248.93
MLSPIN_MAIN_LO: AC0756
ListingContractDate: 2024-09-30
MLSPIN_MARKET_TIME: 49
ListingId: 73296426
MLSPIN_MARKET_TIME_BROKER: 49
MLSPIN_MARKET_TIME_PROPERTY: 49
LotFeatures: Level
LotSizeArea: 0.07
LotSizeSquareFeet: 3250
MLSPIN_OFFLINE_LIST_NO: 3806755
MLSPIN_OH_FLAG: 1
MLSPIN_PAGE: 171
MLSPIN_PRICE_PER_SQFT: 248.93
ParcelNumber: 3189421
ParkingFeatures: Paved Drive,Off Street,Paved
MLSPIN_SQUARE_FEET_INCL_BASE: No
MLSPIN_TEAM_MEMBER: CN213471
MLSPIN_YEAR_ROUND: Yes
Roof: Shingle
MlsStatus: Contingent
NumberOfUnitsTotal: 2
OriginalListPrice: 539900
OriginatingSystemID: mlspin
OriginatingSystemKey: mlspin
OriginatingSystemName: MLS Property Information Network
ParkingTotal: 2
PatioAndPorchFeatures: Deck,Deck - Wood
PhotosCount: 21
PurchaseContractDate: 2024-11-16
RoadFrontageType: Public
Sewer: Public Sewer
ShowingInstructions: Call List Agent,Appointment Required,Email List Agent,Other (See Special Showing Instructions),Appointment Required 24 Hr Notice. Text And Email Listing Agent.
StateOrProvince: MA
StoriesTotal: 3
StreetName: Albion St
StreetNumber: 42
StreetNumberNumeric: 42
TaxAnnualAmount: 4375
TaxAssessedValue: 367300
TaxBookNumber: 35794
TaxYear: 2024
TotalActualRent: 3350
WaterSewerExpense: 900
WaterSource: Public
YearBuiltDetails: Actual
YearBuiltSource: Public Records
Zoning: TMF
YearBuilt: 1925
Office Name: cameron real estate group
Member Name: lesly montoya jose
Other Features
Balcony/Deck
Bathroom With Tub
Dining Room
Dryer
Has Cooling System
Has Heating System
Heated Attic
High Speed Internet
Kitchen
Living RM/Dining RM Combo
Living Room
Microwave
Open Floorplan
Open Parking
Range
Refrigerator
Walk-up Attic
Washer
$ 2,691.78
per month
- Principal and Interest
- Property Tax
- HOA fee
$ 2,035.53
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