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163 Summer St, Lowell MA 01852

$519,000

Estimated $1,280/month Calculator

Multi Family

Total Units: 2

Price Per Unit: $259,500

Total Rent: 0/year

Estimated CAP Rate:

6 Bedrooms

Baths

3351

Total Parking: 2

5,197 (0.12)

Excellent opportunity to invest and own a massive two-family home over 3,000 sqft in Lowell. Great location, near downtown Lowell, the train station and highway access. Conveniently in close proximity to stores, restaurants, park and schools. Roof, baseboard heaters and windows, updated in 2012. First unit features two bedrooms, hardwood floors, and a mudroom. Second unit has two levels, with two bedrooms, full bathroom on one floor and two bedrooms and another full bathroom above on the third floor, as well as two additional bonus rooms that can be used as office, playroom, or guestrooms. Basement with plenty of storage with full bathroom. The property has a sizable deck that is situated on a large, fenced-in yard, ideal for cookouts in the spring/summer. Plenty of on street parking. Amazing potential to truly make this house your own and receive passive income. Second unit is empty. Open House Feb Sat 25th & Sun 26th 2-4PM. Offer deadline Tues Feb 28th at12pm.

This home has been viewed 49 times

Last Checked: May 7th, 2024 at 3:11am (Source: MLS PIN #73081352)

Gross Income: $0

Gross Expenses: $5,260

Net Income Calc: $5,260

Water Views

Annual Expenses for 163 Summer St, Lowell MA 01852

Total Gross Expenses (Calculated)$5,260/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax5260

Annual Income & Unit Breakdown for 163 Summer St, Lowell MA 01852

Total Gross Income (Calculated)$0

Unit 1

Rental Income$0

LeaseN

Bedrooms2

Bathrooms1 Full

Floor1

Levels in Unit1

Rent Includes

Unit 2

Rental Income$0

LeaseN

Bedrooms4

Bathrooms2 Full

Floor2

Levels in Unit2

Rent Includes

General Information for 163 Summer St, Lowell MA 01852

Listing ID73081352

Property TypeMulti Family

Price519000 ($154.88/SqFt)

StyleMulti Family

CityLowell

CountyMiddlesex

Neighborhood(s)

Approximate Living Area Total3351

Approximate Lot Size (Acres)0.12

Total Parking2

Garage Parking0

Year Built1880

Year Built SourcePublic Records

Year Built DetailsApproximate

WaterPublic

SewerPublic Sewer

Electric

Hot Water

Roof MaterialAsphalt/fiberglass Shingles

BasementFull

Construction Materials

Lot FeaturesGentle Sloping

Foundation Description

Accessible Features

Outdoor Space

ZoningTMF

Water ViewsNo

Water Views Features

Waterfront Features

Terms

Disclosures for 163 Summer St, Lowell MA 01852

Lead Paint

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

ExclusionsAll Personal 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 163 Summer St, Lowell MA 01852

Real Estate Taxes5260

Tax Year2022

Assessed Value$414,500

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 163 Summer St, Lowell MA 01852

Elementary SchoolRogers

Middle SchoolRogers

High SchoolLowell High

Neighborhood(s)

Area AmenitiesWalk/jog Trails

Contact Information for 163 Summer St, Lowell MA 01852

Agent

Name: Bonieta Lach

Office

Name: Pailin Realty

Phone: 978-319-8958

Payment Calculator

, Interest

Property Taxes 438.33

Principal & Interest 3197.91

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Pailin Realty

Bonieta Lach

Agent Phone

Office Phone

(978) 319-8958

Text Agent Call Agent Call Office

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EXIT

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