This great INVESTMENT offers 2 family and a 1 bedroom apartment. Corner unit with a dead end road on the side, has tenants already. All on separate electric and gas meters with their own circuit breakers. Land has options for another multi-family buyers will need a variance from the zoning board. Buyer/Buyers do your Due Diligence. Granite counter. Water heaters all have been replaced 2014-2016-2017. Attic has two entrances one from the right first floor, the other is second floor hall. Ample space in the basement for storage with 2 separate hookups for washer&dryers, 2 enclosed patios in front of the house, 1 on the side, 2 decks on either side on first floor. Walking distance to U Lowell. New Gas Boiler for the second floor 12-23-2022
This home has been viewed 50 times
Last Checked: May 6th, 2024 at 11:50pm (Source: MLS PIN #73017382)
Gross Income: $49,800
Gross Expenses: $6,382
Net Income Calc: $43,418
CAP Rate: 6.52%
Annual Expenses for 187-189 Dalton St, Lowell MA 01850
Total Gross Expenses (Calculated)$6,382/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax$6,382
Annual Income & Unit Breakdown for 187-189 Dalton St, Lowell MA 01850
Total Gross Income (Calculated)$49,800
Unit 1
Rental Income$1,500
LeaseY
Bedrooms2
Bathrooms1 Full
Floor1
Levels in Unit1
HeatingYes
Rent IncludesUnit 1(water), Unit 2(water), Unit 3(water)
Unit 2
Rental Income$950
LeaseY
Bedrooms1
Bathrooms1 Full
Floor1
Levels in Unit1
HeatingYes
Rent IncludesUnit 1(water), Unit 2(water), Unit 3(water)
Unit 3
Rental Income$1,700
LeaseY
Bedrooms3
Bathrooms1 Full
Floor2
Levels in Unit1
HeatingYes
Rent IncludesUnit 1(water), Unit 2(water), Unit 3(water)
General Information for 187-189 Dalton St, Lowell MA 01850
Listing ID73017382
Property TypeMulti Family / 3 Family
Price$665,900 ($224.97/SqFt)
Style3 Family - 3 Units Up/down
CityLowell
CountyMiddlesex
MLS AreaCentralville
Neighborhood(s)
Approximate Living Area Total2,960 SqFt
Approximate Lot Size (Acres)0.23 acres
Total Parking8
Garage Parking
Year Built1930
Year Built SourcePublic Records
Year Renovated
Year Built DetailsActual
Water
Sewer
Electric
Hot Water
Roof Material
Basement
Construction MaterialsFrame
Lot FeaturesGentle Sloping, Level, Corner Lot, Cleared
Foundation Area
Foundation DescriptionStone
Accessible Features1
Outdoor Space
ZoningTTF
Zoning Details
Water ViewsNo
Water Views Features
WaterfrontNo
Waterfront Features
Energy Features
Terms
Disclosures for 187-189 Dalton St, Lowell MA 01850
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$49,800
Total Net Income By Broker$49,800
For Sale By OwnerNo
Short Sale / Forclosure (Bank Owned)
Buyer Agent Compensation2%%
Facilitator Compensation2%%
Sub-Agent Compensation
Compensation Based OnNet Sale Price
Financial Information for 187-189 Dalton St, Lowell MA 01850
Real Estate Taxes$6,382
Tax Year2022
Assessed Value$502,900
Financial Data Source
Total Gross Expenses By Broker$0
BostonRealEstate.com Gross Expenses
Total Gross Income By Broker$49,800
BostonRealEstate.com Gross Income
Total Net Income By Broker$49,800
BostonRealEstate.com Gross NOI
CAP Rate (based on Broker info)
CAP Rate (BostonRealEstate.com)6.52%
Location Information for 187-189 Dalton St, Lowell MA 01850
Elementary SchoolGreenhalge
Middle SchoolRobinson
High SchoolLowell/Glvt
Neighborhood(s)
MLS AreaCentralville
Area AmenitiesPublic School, Shopping, Public Transportation, Private School, University, Sidewalks
Contact Information for 187-189 Dalton St, Lowell MA 01850