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40 Dracut St, Lowell MA 01854

$624,900

Estimated $1,497.10/month Calculator

Multi Family

Total Units: 3

Price Per Unit: $208,300

Total Rent: 0/year

Estimated CAP Rate: -0.93%

12 Bedrooms

3 Full Baths

4,476 SqFt

Total Parking: 3

4,285 SqFt

HIGHEST AND BEST OFFER SITUATION. WE HAVE MULTIPLE OFFERS ABOVE ASKING PRICE. OFFERS DUE 1/08/2023 BY 5 PM. PAWTUCKETVILLE! GREAT OPPORTUNITY for anyone looking to Invest or Owner Occupy! This classic New England Triple Decker has unlimited income potential offering flexible floor plans, off-street parking, 5x private enclosed 3-season porches and separate utilities. Rubber Roof was replaced in 2014. All units have a large eat-in kitchen with a full butler's pantry and 3-4 bedrooms with full baths. The 1st floor has an update/upgraded HW baseboard from Tankless unit and two rooms with tin ceilings. The Full, unfinished basement has separate storage areas for each unit. There is also a small fenced yard area for entertaining/play. Don't miss your opportunity to own this New England Classic!

This home has been viewed 41 times

Last Checked: May 7th, 2024 at 12:16am (Source: MLS PIN #73068552)

Gross Income: $0

Gross Expenses: $5,806

Net Income Calc: $5,806

CAP Rate: -0.93%

Annual Expenses for 40 Dracut St, Lowell MA 01854

Total Gross Expenses (Calculated)$5,806/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax$5,806

Annual Income & Unit Breakdown for 40 Dracut St, Lowell MA 01854

Total Gross Income (Calculated)$0

Unit 1

Rental Income$0

LeaseN

Bedrooms4

Bathrooms1 Full

Floor1

Levels in Unit1

HeatingYes

Rent Includes

Unit 2

Rental Income$0

LeaseN

Bedrooms4

Bathrooms1 Full

Floor2

Levels in Unit1

HeatingYes

Rent Includes

Unit 3

Rental Income$0

LeaseN

Bedrooms4

Bathrooms1 Full

Floor3

Levels in Unit1

HeatingYes

Rent Includes

General Information for 40 Dracut St, Lowell MA 01854

Listing ID73068552

Property TypeMulti Family / 3 Family

Price$624,900 ($139.61/SqFt)

Style3 Family - 3 Units Up/down

CityLowell

CountyMiddlesex

MLS AreaPawtucketville

Neighborhood(s)

Approximate Living Area Total4,476 SqFt

Approximate Lot Size (Acres)0.1 acres

Total Parking3

Garage Parking

Year Built1920

Year Built SourcePublic Records

Year Renovated

Year Built DetailsActual

Water

Sewer

Electric

Hot Water

Roof Material

Basement

Construction MaterialsFrame

Lot FeaturesLevel, Corner Lot

Foundation Area

Foundation DescriptionStone

Accessible Features1

Outdoor Space

ZoningTTF

Zoning Details

Water Views

Water Views Features

WaterfrontNo

Waterfront Features

Energy Features

Terms

Disclosures for 40 Dracut 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 Compensation1%%

Sub-Agent Compensation

Compensation Based OnNet Sale Price

Financial Information for 40 Dracut St, Lowell MA 01854

Real Estate Taxes$5,806

Tax Year2022

Assessed Value$457,500

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)-0.93%

Location Information for 40 Dracut St, Lowell MA 01854

Elementary SchoolLps

Middle SchoolLps

High SchoolLhs Or Gltech

Neighborhood(s)

MLS AreaPawtucketville

Area AmenitiesHouse Of Worship, Public School, Shopping, Park, Medical Facility, Public Transportation, Tennis Court(s), Private School, University

Contact Information for 40 Dracut St, Lowell MA 01854

Agent

Name: Raymond Boutin

Office

Name: RE/MAX Innovative Properties

Phone: 978-452-4432

Payment Calculator

, Interest

Property Taxes 483.83

Principal & Interest 3850.44

HOA Dues $0

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

RE/MAX Innovative Properties

Raymond Boutin

Agent Phone

Office Phone

(978) 452-4432

Text Agent Call Agent Call Office

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EXIT

Closed

40 Dracut St, Lowell MA 01854

$624,900

Annual Expenses for 40 Dracut St, Lowell MA 01854

Annual Income & Unit Breakdown for 40 Dracut St, Lowell MA 01854

General Information for 40 Dracut St, Lowell MA 01854

Disclosures for 40 Dracut St, Lowell MA 01854

Financial Information for 40 Dracut St, Lowell MA 01854

Location Information for 40 Dracut St, Lowell MA 01854

Contact Information for 40 Dracut St, Lowell MA 01854

Agent

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RE/MAX Innovative Properties

Raymond Boutin