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.
This home has been viewed 203 times
Last Checked: May 5th, 2024 at 4:42am (Source: MLS PIN #73226205)
Gross Income: $42,000
Gross Expenses: $16,682
Net Income Calc: $25,318
Water Views
Annual Expenses for 99-105 Mammoth Rd, Lowell MA 01854
Total Gross Expenses (Calculated)$16,682/year
APOD AvailableYes
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax16682
Annual Income & Unit Breakdown for 99-105 Mammoth Rd, Lowell MA 01854
Total Gross Income (Calculated)$42,000
Unit 1
Rental Income$0
LeaseN
Bedrooms2
Bathrooms1 Full
Floor1
Levels in Unit1
Rent Includes
Unit 2
Rental Income$0
LeaseN
Bedrooms2
Bathrooms1 Full
Floor1
Levels in Unit1
Rent Includes
Unit 3
Rental Income$0
LeaseN
Bedrooms1
Bathrooms1 Full
Floor2
Levels in Unit1
Rent Includes
Unit 4
Rental Income$0
LeaseN
Bathrooms
Rent Includes
General Information for 99-105 Mammoth Rd, Lowell MA 01854
Listing ID73226205
Property TypeMulti Family / 5+ Family
Price1100000 ($119.97/SqFt)
Style5-9 Family
CityLowell
CountyMiddlesex
Neighborhood(s)
Approximate Living Area Total9169
Approximate Lot Size (Acres)0
Total Parking16
Garage Parking0
Year Built1880
Year Built SourcePublic Records
Year Built DetailsApproximate
WaterPublic
SewerPublic Sewer
Electric220 Volts
Hot Water
Roof MaterialAsphalt/fiberglass Shingles
BasementFull
Construction MaterialsFrame
Lot FeaturesGentle Sloping
Foundation Description
Accessible Features
Outdoor Space
ZoningNB
Water ViewsNo
Water Views Features
Waterfront Features
Terms
Disclosures for 99-105 Mammoth Rd, Lowell MA 01854
Lead Paint
UFFI
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourcePublic Records
ExclusionsDr And Kitchen Chandeliers
Financial Data SourceEstimated
Total Gross Expenses By Broker
Total Gross Income By Broker
Total Net Income By Broker
Short Sale / Forclosure (Bank Owned)
Buyer Agent Compensation2
Facilitator Compensation2
Compensation Based OnNet Sale Price
Financial Information for 99-105 Mammoth Rd, Lowell MA 01854
Real Estate Taxes16682
Tax Year2023
Assessed Value$684,800
Financial Data SourceEstimated
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 99-105 Mammoth Rd, Lowell MA 01854
Neighborhood(s)
Area AmenitiesWalk/jog Trails
Contact Information for 99-105 Mammoth Rd, Lowell MA 01854