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53 3rd Street, Lowell MA 01850

$950,000

Estimated $2,134/month Calculator

Multi Family

Total Units: 6

Price Per Unit: $158,333.33

Total Rent: 34200/year

Estimated CAP Rate:

12 Bedrooms

Baths

5382

Total Parking: 0

3,960 (0.09)

Here is a chance to purchase a 6 unit building. All units 4/2/1. Building has new roof. Two of the units renovated in 2021. Close to major highways, train station, private and public schools and downtown Lowell. Open house will be by appointment only on Wednesday 9/28 from 5-7 & Thursday 9/29 from 10:00-12:00. Will only have access to two units and the common area. For all serious buyers with pre approval, a second showing can be set up for the remaining units. Being sold as is.

This home has been viewed 51 times

Last Checked: May 7th, 2024 at 3:31am (Source: MLS PIN #73070672)

Gross Income: $34,200

Gross Expenses: $7,495

Net Income Calc: $26,705

Annual Expenses for 53 3rd Street, Lowell MA 01850

Total Gross Expenses (Calculated)$7,495/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax7120.36

Annual Income & Unit Breakdown for 53 3rd Street, Lowell MA 01850

Total Gross Income (Calculated)$34,200

Unit 1

Rental Income$0

LeaseY

Bedrooms2

Bathrooms1 Full

Floor1

Levels in Unit1

Rent Includes

Unit 2

Rental Income$0

LeaseN

Bedrooms2

Bathrooms1 Full

Floor1

Levels in Unit1

Rent Includes

Unit 3

Rental Income$0

Lease

Bathrooms

Rent Includes

Unit 4

Rental Income$0

Lease

Bathrooms

Rent Includes

General Information for 53 3rd Street, Lowell MA 01850

Listing ID73070672

Property TypeMulti Family / 5+ Family

Price950000 ($176.51/SqFt)

Style5-9 Family

CityLowell

CountyMiddlesex

Neighborhood(s)

Approximate Living Area Total5382

Approximate Lot Size (Acres)0.09

Total Parking0

Garage Parking0

Year Built1880

Year Built SourcePublic Records

Year Built DetailsApproximate

WaterPublic

SewerPublic Sewer

Electric

Hot Water

Roof Material

Basement

Construction Materials

Lot FeaturesGentle Sloping

Foundation Description

Accessible Features

Outdoor Space

ZoningCommercial

Water Views

Water Views Features

Waterfront Features

Terms

Disclosures for 53 3rd Street, Lowell MA 01850

Lead Paint

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

ExclusionsPersonal Property

Financial Data SourceEstimated

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 Compensation2.0

Compensation Based OnNet Sale Price

Financial Information for 53 3rd Street, Lowell MA 01850

Real Estate Taxes7120.36

Tax Year2022

Assessed Value$561,100

Financial Data SourceEstimated

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 53 3rd Street, Lowell MA 01850

Neighborhood(s)

Area Amenities

Contact Information for 53 3rd Street, Lowell MA 01850

Agent

Name: Marissa Keach

Office

Name: Coldwell Banker Realty - Easton

Phone: 508-230-2544

Payment Calculator

, Interest

Property Taxes 593.36

Principal & Interest 5853.6

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Coldwell Banker Realty - Easton

Marissa Keach

Agent Phone

Office Phone

(508) 230-2544

Text Agent Call Agent Call Office

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    [unparsed] => 53 3rd Street, Lowell MA 01850
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EXIT

Closed

53 3rd Street, Lowell MA 01850

$950,000

Annual Expenses for 53 3rd Street, Lowell MA 01850

Annual Income & Unit Breakdown for 53 3rd Street, Lowell MA 01850

General Information for 53 3rd Street, Lowell MA 01850

Disclosures for 53 3rd Street, Lowell MA 01850

Financial Information for 53 3rd Street, Lowell MA 01850

Location Information for 53 3rd Street, Lowell MA 01850

Contact Information for 53 3rd Street, Lowell MA 01850

Agent

Office

Payment Calculator

Exclusive Listing Agent

Coldwell Banker Realty - Easton

Marissa Keach