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Expired

162-164 Lakeview Ave, Lowell MA 01850

$689,900

Estimated $1,660/month Calculator

Multi Family

Total Units: 3

Price Per Unit: $229,966.67

Total Rent: 66960/year

Estimated CAP Rate:

12 Bedrooms

Baths

3752

Total Parking: 4

2,350 (0.05)

Take advantage of owning a well-maintained three-family property. Located just off VFW Highway, this 3 family home is a money maker, minutes from all local amenities. The layout consists of a first-floor unit, 4 bed, 1 bath, kitchen, living room. The second unit is also on the first floor consisting of 5 bedrooms, 1 bath, kitchen and living room. The second floor consists of a 3 bedroom, 1 bath with an open concept kitchen and living room. All utilities are separated. Washer and dryer located in the basement. Ample off-street parking, fully occupied. Lakeview Ave is conveniently located amongst shopping centers, restaurants, Lowell General Hospital, UMass Lowell, and access to RT.-3, & I-495. Don’t miss out on this great opportunity! There are limited photos to maintain the tenant's privacy. Listing agent can send you more pictures upon request.

This home has been viewed 113 times

Last Checked: May 6th, 2024 at 11:50pm (Source: MLS PIN #73040157)

Gross Income: $66,960

Gross Expenses: $16,287

Net Income Calc: $50,673

Water Views

Annual Expenses for 162-164 Lakeview Ave, Lowell MA 01850

Total Gross Expenses (Calculated)$16,287/year

APOD AvailableYes

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax6490

Annual Income & Unit Breakdown for 162-164 Lakeview Ave, Lowell MA 01850

Total Gross Income (Calculated)$66,960

Unit 1

Rental Income$0

LeaseY

Bedrooms4

Bathrooms1 Full

Floor1

Levels in Unit1

Rent IncludesHeat

Unit 2

Rental Income$0

LeaseY

Bedrooms5

Bathrooms1 Full

Floor1

Levels in Unit1

Rent IncludesHeat

Unit 3

Rental Income$0

LeaseY

Bedrooms3

Bathrooms1 Full

Floor2

Levels in Unit1

Rent IncludesHeat

General Information for 162-164 Lakeview Ave, Lowell MA 01850

Listing ID73040157

Property TypeMulti Family / 3 Family

Price689900 ($183.88/SqFt)

Style3 Family

CityLowell

CountyMiddlesex

MLS AreaCentralville

Neighborhood(s)

Approximate Living Area Total3752

Approximate Lot Size (Acres)0.05

Total Parking4

Garage Parking0

Year Built1925

Year Built SourcePublic Records

Year Built DetailsApproximate

WaterPublic

SewerPublic Sewer

Electric220 Volts

Hot Water

Roof MaterialAsphalt/fiberglass Shingles

BasementFull

Construction MaterialsFrame

Lot Features

Foundation Description

Accessible Features

Outdoor Space

ZoningTMF

Water ViewsNo

Water Views Features

Waterfront Features

Terms

Disclosures for 162-164 Lakeview Ave, Lowell MA 01850

Lead Paint

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

ExclusionsAll Personal Property.

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 Compensation0

Compensation Based OnNet Sale Price

Financial Information for 162-164 Lakeview Ave, Lowell MA 01850

Real Estate Taxes6490

Tax Year2022

Assessed Value$511,400

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 162-164 Lakeview Ave, Lowell MA 01850

Neighborhood(s)

MLS AreaCentralville

Area AmenitiesWalk/jog Trails

Contact Information for 162-164 Lakeview Ave, Lowell MA 01850

Agent

Name: Jo Ann D. Patenaude

Office

Name: Premier Properties

Phone: 978-452-6300

Payment Calculator

, Interest

Property Taxes 540.83

Principal & Interest 4250.94

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Premier Properties

Jo Ann D. Patenaude

Agent Phone

Office Phone

(978) 452-6300

Text Agent Call Agent Call Office

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EXIT

2 More Photos

Expired

162-164 Lakeview Ave, Lowell MA 01850

$689,900

Annual Expenses for 162-164 Lakeview Ave, Lowell MA 01850

Annual Income & Unit Breakdown for 162-164 Lakeview Ave, Lowell MA 01850

General Information for 162-164 Lakeview Ave, Lowell MA 01850

Disclosures for 162-164 Lakeview Ave, Lowell MA 01850

Financial Information for 162-164 Lakeview Ave, Lowell MA 01850

Location Information for 162-164 Lakeview Ave, Lowell MA 01850

Contact Information for 162-164 Lakeview Ave, Lowell MA 01850

Agent

Office

Payment Calculator

Exclusive Listing Agent

Premier Properties

Jo Ann D. Patenaude