Amazing investment opportunity for both investors and first-time buyers located in the Back Central area. This two-family home boasts a prime location and two separate units, offering versatility and rental income potential. The ground floor unit has been completely renovated. Featuring modern open concept living with recessed lighting, luxury vinyl plank flooring. The updated kitchen boasts sleek grey shaker cabinets, custom tile backsplash and stainless steel appliances. The updated bathroom includes a beautiful tile shower that adds a touch of elegance. The second unit is spacious, with four bedrooms and 1 bath, making it ideal for larger families or additional rental income. Both units have separate entryways and utilities, enhancing privacy and convenience. Don't miss this opportunity to own a well-maintained property in a highly sought-after location, close to amenities, schools, parks, and public transportation.
This home has been viewed 199 times
Last Checked: December 28th, 2024 at 5:19am (Source: MLS PIN #73163165)
Gross Income: $44,760
Gross Expenses: $3,947
Net Income Calc: $40,813
Water Views
Annual Expenses for 15-17 Whipple St, Lowell MA 01852
Total Gross Expenses (Calculated)$3,947/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax3947
Annual Income & Unit Breakdown for 15-17 Whipple St, Lowell MA 01852
Total Gross Income (Calculated)$44,760
Unit 1
Rental Income$0
LeaseN
Bedrooms1
Bathrooms1 Full
Floor1
Levels in Unit1
Rent Includes
Unit 2
Rental Income$0
LeaseN
Bedrooms4
Bathrooms1 Full
Floor0
Levels in Unit2
Rent Includes
General Information for 15-17 Whipple St, Lowell MA 01852
Listing ID73163165
Property TypeMulti Family
Price559999 ($220.82/SqFt)
StyleMulti Family
CityLowell
CountyMiddlesex
Neighborhood(s)
Approximate Living Area Total2536
Approximate Lot Size (Acres)0.06
Total Parking0
Garage Parking0
Year Built1910
Year Built SourcePublic Records
Year Built DetailsApproximate
WaterPublic
SewerPublic Sewer
Electric
Hot Water
Roof Material
BasementFull
Construction MaterialsFrame
Lot Features
Foundation Description
Accessible Features
Outdoor Space
ZoningTMU
Water ViewsNo
Water Views Features
Waterfront Features
Terms
Disclosures for 15-17 Whipple St, Lowell MA 01852
Lead Paint
UFFI
Living Area Includes BasementYes
Living Area Disclosure
Building Area SourcePublic Records
ExclusionsBar Top In Shed Is Custom And Is Not Included
Financial Data Source
Total Gross Expenses By Broker
Total Gross Income By Broker
Total Net Income By Broker
Short Sale / Forclosure (Bank Owned)
Buyer Agent Compensation2%
Facilitator Compensation0
Compensation Based OnNet Sale Price
Financial Information for 15-17 Whipple St, Lowell MA 01852
Real Estate Taxes3947
Tax Year2023
Assessed Value$317,800
Financial Data Source
Total Gross Expenses By Broker
BostonRealEstate.com Gross Expenses
Total Gross Income By Broker
BostonRealEstate.com Gross Income
Total Net Income By Broker
BostonRealEstate.com Gross NOI
CAP Rate (based on Broker info)
Location Information for 15-17 Whipple St, Lowell MA 01852
Neighborhood(s)
Area AmenitiesWalk/jog Trails
Contact Information for 15-17 Whipple St, Lowell MA 01852