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Closed

227 School St, Lowell MA 01854

$539,000

Estimated $1,283.57/month Calculator

Multi Family

Total Units: 2

Price Per Unit: $269,500

Total Rent: 0/year

Estimated CAP Rate: -0.91%

5 Bedrooms

2 Full Baths

2,246 SqFt

Total Parking: 4

3,680 SqFt

Great opportunity to own and invest in a 2 family home with spacious bedrooms in Lowell. First unit has 2 bedrooms, extra bonus room that previous occupants have used for bedroom with no closet or can be used for home office. Second unit has 3 bedrooms, walk up attic with potential to be finished. Parking for up to 4 cars in paved driveway, plenty of street parking also. Conveniently located close to shops, restaurants and schools. Incredible potential to make this home truly your own. Both units are vacant and easy to show, schedule a showing today! Offer deadline Tuesday 12/20 at 12pm.

This home has been viewed 48 times

Last Checked: May 6th, 2024 at 11:45pm (Source: MLS PIN #73062603)

Gross Income: $0

Gross Expenses: $4,915

Net Income Calc: $4,915

CAP Rate: -0.91%

Annual Expenses for 227 School St, Lowell MA 01854

Total Gross Expenses (Calculated)$4,915/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax$4,915

Annual Income & Unit Breakdown for 227 School St, Lowell MA 01854

Total Gross Income (Calculated)$0

Unit 1

Rental Income$0

LeaseN

Bedrooms2

Bathrooms1 Full

Floor1

Levels in Unit1

HeatingYes

Rent Includes

Unit 2

Rental Income$0

LeaseN

Bedrooms3

Bathrooms1 Full

Floor2

Levels in Unit2

HeatingYes

Rent Includes

General Information for 227 School St, Lowell MA 01854

Listing ID73062603

Property TypeMulti Family

Price$539,000 ($239.98/SqFt)

StyleMulti Family

CityLowell

CountyMiddlesex

MLS Area

Neighborhood(s)

Approximate Living Area Total2,246 SqFt

Approximate Lot Size (Acres)0.08 acres

Total Parking4

Garage Parking

Year Built1940

Year Built SourcePublic Records

Year Renovated

Year Built DetailsActual

Water

Sewer

Electric

Hot Water

Roof Material

Basement

Construction Materials

Lot Features

Foundation Area

Foundation DescriptionStone

Accessible Features

Outdoor Space

ZoningTTF

Zoning Details

Water ViewsNo

Water Views Features

WaterfrontNo

Waterfront Features

Energy Features

Terms

Disclosures for 227 School St, Lowell MA 01854

Lead Paint

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

Title 5

Exclusions

Disclosures

Financial Data Source

Total Gross Expenses By Broker$0

Total Gross Income By Broker$0

Total Net Income By Broker$0

For Sale By OwnerNo

Short Sale / Forclosure (Bank Owned)

Buyer Agent Compensation2

Facilitator Compensation

Sub-Agent Compensation

Compensation Based OnNet Sale Price

Financial Information for 227 School St, Lowell MA 01854

Real Estate Taxes$4,915

Tax Year2022

Assessed Value$387,300

Financial Data Source

Total Gross Expenses By Broker$0

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker$0

BostonRealEstate.com Gross Income

Total Net Income By Broker$0

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

CAP Rate (BostonRealEstate.com)-0.91%

Location Information for 227 School St, Lowell MA 01854

Elementary School

Middle School

High School

Neighborhood(s)

MLS Area

Area AmenitiesPublic School, Shopping, Public Transportation, University

Contact Information for 227 School St, Lowell MA 01854

Agent

Name: Bonieta Lach

Office

Name: Pailin Realty

Phone: 978-319-8958

Team Members

Name: Rasy An

Phone: 978-319-8958

Payment Calculator

, Interest

Property Taxes 409.58

Principal & Interest 3321.15

HOA Dues $0

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Pailin Realty

Bonieta Lach

Agent Phone

Office Phone

(978) 319-8958

Text Agent Call Agent Call Office

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EXIT