Make this LEGAL 3 Multiunit your home with generating income to go against any high rate. Be an owner occupant or just rent the entire place making 10% cap rate in rental income or just fix it and flip it!! Lots of options on this LEGAL 3 Multiunit house. The house is located in downtown Lowell in a renters market!! it does need some work preferably cash deal or rehab loans. Flippers delight!
This home has been viewed 47 times
Last Checked: May 7th, 2024 at 2:10am (Source: MLS PIN #73047361)
Gross Income: $0
Gross Expenses: $5,500
Net Income Calc: $5,500
Water Views
Annual Expenses for 23 W 5th Street, Lowell MA 01850
Total Gross Expenses (Calculated)$5,500/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax5500
Annual Income & Unit Breakdown for 23 W 5th Street, Lowell MA 01850
Total Gross Income (Calculated)$0
Unit 1
Rental Income$0
LeaseN
Bedrooms3
Bathrooms2 Full
Floor1
Levels in Unit1
Rent Includes
Unit 2
Rental Income$0
LeaseN
Bedrooms2
Bathrooms1 Full
Floor0
Levels in Unit0
Rent Includes
Unit 3
Rental Income$0
LeaseN
Bedrooms1
Bathrooms1 Full
Floor0
Levels in Unit0
Rent Includes
General Information for 23 W 5th Street, Lowell MA 01850
Listing ID73047361
Property TypeMulti Family / 3 Family
Price439000 ($139.37/SqFt)
Style3 Family
CityLowell
CountyMiddlesex
MLS AreaCentralville
Neighborhood(s)
Approximate Living Area Total3150
Approximate Lot Size (Acres)0.1
Total Parking7 (1 Garage)
Garage Parking1
Year Built1900
Year Built SourcePublic Records
Year Built DetailsApproximate,Renovated Since
WaterPublic
SewerPublic Sewer
Electric220 Volts
Hot Water
Roof MaterialAsphalt/fiberglass Shingles
BasementFull
Construction MaterialsFrame
Lot FeaturesGentle Sloping
Foundation Description
Accessible Features
Outdoor Space
ZoningRes
Water ViewsNo
Water Views Features
Waterfront Features
Terms
Disclosures for 23 W 5th Street, 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 23 W 5th Street, Lowell MA 01850
Real Estate Taxes5500
Tax Year2022
Assessed Value$61,800
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 23 W 5th Street, Lowell MA 01850
Neighborhood(s)
MLS AreaCentralville
Area AmenitiesWalk/jog Trails
Contact Information for 23 W 5th Street, Lowell MA 01850