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222 Cumberland Road, Lowell MA 01850

$650,000

Estimated $1,683/month Calculator

Multi Family

Total Units: 3

Price Per Unit: $216,666.67

Total Rent: 64200/year

Estimated CAP Rate:

12 Bedrooms

Baths

3890

Total Parking: 0

3,381 (0.08)

Opportunity presents itself in this triple-decker just off Aiken Ave. Large floor plan for all units (same layout), each with its own eat-in kitchen, living room, four bedrooms and one full bath. 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. All units have both central heat/central air. Location is on public transit and within a short distance of all area amenities. Reap the rewards and upside potential w/this strong cash flowing property.

This home has been viewed 51 times

Last Checked: May 7th, 2024 at 1:51am (Source: MLS PIN #73069981)

Gross Income: $64,200

Gross Expenses: $7,545

Net Income Calc: $56,655

Annual Expenses for 222 Cumberland Road, Lowell MA 01850

Total Gross Expenses (Calculated)$7,545/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax7545.47

Annual Income & Unit Breakdown for 222 Cumberland Road, Lowell MA 01850

Total Gross Income (Calculated)$64,200

Unit 1

Rental Income$0

LeaseN

Bedrooms4

Bathrooms1 Full

Floor1

Levels in Unit1

Rent Includes

Unit 2

Rental Income$0

LeaseN

Bedrooms4

Bathrooms1 Full

Floor2

Levels in Unit1

Rent Includes

Unit 3

Rental Income$0

Lease

Bedrooms4

Bathrooms1 Full

Floor3

Levels in Unit1

Rent Includes

General Information for 222 Cumberland Road, Lowell MA 01850

Listing ID73069981

Property TypeMulti Family / 3 Family

Price650000 ($167.1/SqFt)

Style3 Family

CityLowell

CountyMiddlesex

MLS AreaCentralville

Neighborhood(s)

Approximate Living Area Total3890

Approximate Lot Size (Acres)0.08

Total Parking0

Garage Parking0

Year Built1900

Year Built SourcePublic Records

Year Built DetailsUnknown/Mixed

WaterPublic

SewerPublic Sewer

Electric

Hot Water

Roof MaterialAsphalt/fiberglass Shingles

BasementFull

Construction MaterialsFrame

Lot FeaturesGentle Sloping

Foundation Description

Accessible Features

Outdoor Space

ZoningTMF

Water Views

Water Views Features

Waterfront Features

Terms

Disclosures for 222 Cumberland Road, Lowell MA 01850

Lead Paint

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

ExclusionsPersonal Property

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 222 Cumberland Road, Lowell MA 01850

Real Estate Taxes7545.47

Tax Year2022

Assessed Value$594,600

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 222 Cumberland Road, Lowell MA 01850

Elementary SchoolLowell Public

Middle SchoolLowell Public

High SchoolLowell Public

Neighborhood(s)

MLS AreaCentralville

Area AmenitiesWalk/jog Trails

Contact Information for 222 Cumberland Road, Lowell MA 01850

Agent

Name: Brian Donoghue

Office

Name: Universal Property Management

Phone: 978-937-9327

Payment Calculator

, Interest

Property Taxes 628.79

Principal & Interest 4005.09

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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    [unparsed] => 222 Cumberland Road, Lowell MA 01850
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EXIT

22 More Photos

Closed

222 Cumberland Road, Lowell MA 01850

$650,000

Annual Expenses for 222 Cumberland Road, Lowell MA 01850

Annual Income & Unit Breakdown for 222 Cumberland Road, Lowell MA 01850

General Information for 222 Cumberland Road, Lowell MA 01850

Disclosures for 222 Cumberland Road, Lowell MA 01850

Financial Information for 222 Cumberland Road, Lowell MA 01850

Location Information for 222 Cumberland Road, Lowell MA 01850

Contact Information for 222 Cumberland Road, Lowell MA 01850

Agent

Office

Payment Calculator

Exclusive Listing Agent

Universal Property Management

Brian Donoghue