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416 - 418 Westford Street, Lowell MA 01851

$479,000

Estimated $1,336.12/month Calculator

Multi Family

Total Units: 2

Price Per Unit: $239,500

Total Rent: 14400/year

Estimated CAP Rate: 1.60%

7 Bedrooms

2 Full Baths

3,551 SqFt

Total Parking: 6

6,159 SqFt

OPPORTUNITY KNOCKS! Perfect for owner occupied or investor. Large 2 family set on a corner lot in the Highlands. Featuring 3.500+ square feet of living area, paved driveway with parking for 6+ cars, hardwood floors and an unfinished basement with laundry hookups. The first floor has 7 rooms, 3-4 bedrooms, full bath and porch. The second floor has 7 rooms, 4-5 bedrooms, full bath and an enclosed porch. Showings start at the Open Houses Saturday 3/25 and Sunday 3/26 from 10:30am -12:00pm.

This home has been viewed 30 times

Last Checked: May 7th, 2024 at 3:36am (Source: MLS PIN #73090721)

Gross Income: $14,400

Gross Expenses: $6,713

Net Income Calc: $7,687

CAP Rate: 1.60%

Annual Expenses for 416 - 418 Westford Street, Lowell MA 01851

Total Gross Expenses (Calculated)$6,713/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax$6,713

Annual Income & Unit Breakdown for 416 - 418 Westford Street, Lowell MA 01851

Total Gross Income (Calculated)$14,400

Unit 1

Rental Income$1,200

LeaseN

Bedrooms3

Bathrooms1 Full

Floor1

Levels in Unit1

HeatingYes

Rent IncludesUnit 1(water, Other (see Remarks)), Unit 2(water

Unit 2

Rental Income$0

LeaseN

Bedrooms4

Bathrooms1 Full

Floor2

Levels in Unit1

HeatingYes

Rent IncludesUnit 1(water, Other (see Remarks)), Unit 2(water

General Information for 416 - 418 Westford Street, Lowell MA 01851

Listing ID73090721

Property TypeMulti Family

Price$479,000 ($134.89/SqFt)

StyleMulti Family

CityLowell

CountyMiddlesex

MLS Area

Neighborhood(s)

Approximate Living Area Total3,551 SqFt

Approximate Lot Size (Acres)0.14 acres

Total Parking6

Garage Parking

Year Built1930

Year Built SourcePublic Records

Year Renovated

Year Built DetailsActual

Water

Sewer

Electric

Hot Water

Roof Material

Basement

Construction MaterialsFrame

Lot FeaturesLevel, Corner Lot

Foundation Area

Foundation DescriptionStone

Accessible Features

Outdoor Space

ZoningTTF

Zoning Details

Water ViewsNo

Water Views Features

WaterfrontNo

Waterfront Features

Energy Features

Terms

Disclosures for 416 - 418 Westford Street, Lowell MA 01851

Lead Paint

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

Title 5

Exclusions

Disclosures

Financial Data Source

Total Gross Expenses By Broker$0

Total Gross Income By Broker$14,400

Total Net Income By Broker$14,400

For Sale By OwnerNo

Short Sale / Forclosure (Bank Owned)

Buyer Agent Compensation2.0

Facilitator Compensation2.0

Sub-Agent Compensation

Compensation Based OnNet Sale Price

Financial Information for 416 - 418 Westford Street, Lowell MA 01851

Real Estate Taxes$6,713

Tax Year2022

Assessed Value$529,000

Financial Data Source

Total Gross Expenses By Broker$0

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker$14,400

BostonRealEstate.com Gross Income

Total Net Income By Broker$14,400

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

CAP Rate (BostonRealEstate.com)1.60%

Location Information for 416 - 418 Westford Street, Lowell MA 01851

Elementary SchoolCentral Enroll

Middle SchoolCentral Enroll

High SchoolLowell High/Voc

Neighborhood(s)

MLS Area

Area AmenitiesHighway Access, House Of Worship, Public School, Shopping, Medical Facility, Public Transportation, T-station, Private School, University, Sidewalks

Contact Information for 416 - 418 Westford Street, Lowell MA 01851

Agent

Name: Michael Foxon

Office

Name: Coldwell Banker Realty

Phone: 978-490-8465

Payment Calculator

, Interest

Property Taxes 559.42

Principal & Interest 2951.45

HOA Dues $0

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Coldwell Banker Realty

Michael Foxon

Agent Phone

Office Phone

(978) 490-8465

Text Agent Call Agent Call Office

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EXIT