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19 Washington Street, Lowell MA 01851

$725,000

Estimated $1,830/month Calculator

Multi Family

Total Units: 3

Price Per Unit: $241,666.67

Total Rent: 42600/year

Estimated CAP Rate:

12 Bedrooms

Baths

3763

Total Parking: 7

5,699 (0.13)

Perfect investment or owner-occupied opportunity. Spacious 3-family tucked in a back neighborhood just off the main street and it comes w/an empty unit that could be the perfect owner's unit. Building consists of one 3-brdrm, one 4-bdrm and one 5-bdrm unit. All units are separately metered and tenants are responsible for payment of own electric, heat, hot water and cooking. Well maintained property by active owner. All units are lead compliant w/certificates of deleading compliance in hand. Plenty of off-street parking. Units are under market rate and have significant upside. Location is on public transit and within a short distance of all area amenities. Easy access to Lowell Connector, RT-3, RT-495 and downtown. Buy it to bump up the rents for cash flow or buy it to live in. Either way, this property works.

This home has been viewed 48 times

Last Checked: May 7th, 2024 at 1:25am (Source: MLS PIN #73070023)

Gross Income: $42,600

Gross Expenses: $7,857

Net Income Calc: $34,743

Annual Expenses for 19 Washington Street, Lowell MA 01851

Total Gross Expenses (Calculated)$7,857/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax7857.64

Annual Income & Unit Breakdown for 19 Washington Street, Lowell MA 01851

Total Gross Income (Calculated)$42,600

Unit 1

Rental Income$0

LeaseN

Bedrooms3

Bathrooms1 Full

Floor1

Levels in Unit1

Rent Includes

Unit 2

Rental Income$0

LeaseN

Bedrooms5

Bathrooms1 Full

Floor2

Levels in Unit2

Rent Includes

Unit 3

Rental Income$0

Lease

Bedrooms4

Bathrooms1 Full

Floor1

Levels in Unit2

Rent Includes

General Information for 19 Washington Street, Lowell MA 01851

Listing ID73070023

Property TypeMulti Family / 3 Family

Price725000 ($192.67/SqFt)

Style3 Family

CityLowell

CountyMiddlesex

MLS AreaHighlands

Neighborhood(s)

Approximate Living Area Total3763

Approximate Lot Size (Acres)0.13

Total Parking7

Garage Parking0

Year Built1900

Year Built SourcePublic Records

Year Built DetailsUnknown/Mixed

WaterPublic

SewerPublic Sewer

Electric

Hot Water

Roof Material

BasementFull

Construction MaterialsFrame

Lot FeaturesGentle Sloping

Foundation Description

Accessible Features

Outdoor Space

ZoningTTF

Water Views

Water Views Features

Waterfront Features

Terms

Disclosures for 19 Washington Street, Lowell MA 01851

Lead Paint

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

ExclusionsPersonal Belongings

Financial Data Source

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 19 Washington Street, Lowell MA 01851

Real Estate Taxes7857.64

Tax Year2022

Assessed Value$619,200

Financial Data Source

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 19 Washington Street, Lowell MA 01851

Elementary SchoolLowell Public

Middle SchoolLowell Public

High SchoolLowell Public

Neighborhood(s)

MLS AreaHighlands

Area AmenitiesWalk/jog Trails

Contact Information for 19 Washington Street, Lowell MA 01851

Agent

Name: Brian Donoghue

Office

Name: Universal Property Management

Phone: 978-937-9327

Payment Calculator

, Interest

Property Taxes 654.8

Principal & Interest 4467.22

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Universal Property Management

Brian Donoghue

Agent Phone

Office Phone

(978) 937-9327

Text Agent Call Agent Call Office

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EXIT

15 More Photos

Closed

19 Washington Street, Lowell MA 01851

$725,000

Annual Expenses for 19 Washington Street, Lowell MA 01851

Annual Income & Unit Breakdown for 19 Washington Street, Lowell MA 01851

General Information for 19 Washington Street, Lowell MA 01851

Disclosures for 19 Washington Street, Lowell MA 01851

Financial Information for 19 Washington Street, Lowell MA 01851

Location Information for 19 Washington Street, Lowell MA 01851

Contact Information for 19 Washington Street, Lowell MA 01851

Agent

Office

Payment Calculator

Exclusive Listing Agent

Universal Property Management

Brian Donoghue