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162 3rd St, Lowell MA 01850

$799,000

Estimated $1,757/month Calculator

Multi Family

Total Units: 2

Price Per Unit: $399,500

Total Rent: 69000/year

Estimated CAP Rate:

8 Bedrooms

Baths

3667

Total Parking: 0

6,922 (0.16)

AMAZING Opportunity for an owner occupied / investment property! Move right in to this tastefully renovated, light filled multi-family! Meticulously updated & modernized in 2022, Both units feature an open floor plan, high ceilings with recessed lighting, hardwood floors throughout, brand new kitchens, large kitchen islands opened to the dining room and living room, all new stainless-steel appliances. Each unit offers 4 bedrooms, 1 renovated bathroom, a bonus room / office and a sunroom. System updates include two new furnaces, two new water heaters, all new double-paned windows, new basement windows, newer roof, new electrical service, new wiring in Kitchen and Bathrooms. Separate Gas & Electric meters. Close to major highways, train station, private and public schools and downtown Lowell – A rare combination of location, size, structural integrity, quality and high rent. Don’t miss this opportunity! Come see it before it’s gone.

This home has been viewed 48 times

Last Checked: May 7th, 2024 at 2:01am (Source: MLS PIN #73063760)

Gross Income: $69,000

Gross Expenses: $5,539

Net Income Calc: $63,461

Water Views

Annual Expenses for 162 3rd St, Lowell MA 01850

Total Gross Expenses (Calculated)$5,539/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax5539.2

Annual Income & Unit Breakdown for 162 3rd St, Lowell MA 01850

Total Gross Income (Calculated)$69,000

Unit 1

Rental Income$0

LeaseN

Bedrooms4

Bathrooms1 Full

Floor1

Levels in Unit2

Rent Includes

Unit 2

Rental Income$0

LeaseN

Bedrooms4

Bathrooms1 Full

Floor2

Levels in Unit2

Rent Includes

General Information for 162 3rd St, Lowell MA 01850

Listing ID73063760

Property TypeMulti Family / 2 Family

Price799000 ($217.89/SqFt)

Style2 Family - 2 Units Up/down

CityLowell

CountyMiddlesex

Neighborhood(s)

Approximate Living Area Total3667

Approximate Lot Size (Acres)0.16

Total Parking0

Garage Parking0

Year Built1918

Year Built SourcePublic Records

Year Built DetailsActual

WaterPublic

SewerPublic Sewer

Electric220 Volts

Hot Water

Roof MaterialAsphalt/fiberglass Shingles

BasementFull

Construction MaterialsFrame

Lot FeaturesGentle Sloping

Foundation Area1378

Foundation Description

Accessible Features

Outdoor Space

Zoning2FAM MDF1

Water ViewsNo

Water Views Features

Waterfront Features

Terms

Disclosures for 162 3rd St, Lowell MA 01850

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 Compensation2.0

Facilitator Compensation1.0

Compensation Based OnGross/full Sale Price

Financial Information for 162 3rd St, Lowell MA 01850

Real Estate Taxes5539.2

Tax Year2022

Assessed Value$436,500

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 162 3rd St, Lowell MA 01850

Neighborhood(s)

Area AmenitiesWalk/jog Trails

Contact Information for 162 3rd St, Lowell MA 01850

Agent

Name: Better Home Team

Office

Name: Coldwell Banker Realty - Boston

Phone: 617-266-4430

Payment Calculator

, Interest

Property Taxes 461.6

Principal & Interest 4923.18

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Coldwell Banker Realty - Boston

Better Home Team

Agent Phone

Office Phone

(617) 266-4430

Text Agent Call Agent Call Office

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    [unparsed] => 162 3rd St, Lowell MA 01850
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EXIT

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