Overview Property Details Payment Calculator Walkability

Add to favorites

Remove from favorites
Send to Friend
Watch changes on this property

Closed

24 W 3rd St, Lowell MA 01850

$525,000

Estimated $1,294.46/month Calculator

Multi Family

Total Units: 3

Price Per Unit: $175,000

Total Rent: 54000/year

Estimated CAP Rate: 9.27%

7 Bedrooms

3 Full Baths

2,908 SqFt

Total Parking: 0

2,986 SqFt

Opportunity to own a 3 family in a great location in Lowell! With a newer roof, deck, and vinyl siding along with separate utilities, you don't want to miss your next investment. The Seller would consider selling Floyd St & Central st as a package. Or BRING your BEST offer to own ALL 4 properties, 5-7 Floyd st., 900 Central St, 24 W. 3rd St, and 121 Powell St.

This home has been viewed 30 times

Last Checked: May 7th, 2024 at 4:11am (Source: MLS PIN #73093495)

Gross Income: $54,000

Gross Expenses: $5,318

Net Income Calc: $48,682

CAP Rate: 9.27%

Annual Expenses for 24 W 3rd St, Lowell MA 01850

Total Gross Expenses (Calculated)$5,318/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax$5,318

Annual Income & Unit Breakdown for 24 W 3rd St, Lowell MA 01850

Total Gross Income (Calculated)$54,000

Unit 1

Rental Income$1,900

LeaseN

Bedrooms3

Bathrooms1 Full

Floor1

Levels in Unit1

HeatingYes

Rent IncludesUnit 1(water), Unit 2(water), Unit 3(water)

Unit 2

Rental Income$1,800

LeaseN

Bedrooms3

Bathrooms1 Full

Floor2

Levels in Unit2

HeatingYes

Rent IncludesUnit 1(water), Unit 2(water), Unit 3(water)

Unit 3

Rental Income$800

LeaseN

Bedrooms1

Bathrooms1 Full

Floor3

Levels in Unit3

HeatingYes

Rent IncludesUnit 1(water), Unit 2(water), Unit 3(water)

General Information for 24 W 3rd St, Lowell MA 01850

Listing ID73093495

Property TypeMulti Family / 3 Family

Price$525,000 ($180.54/SqFt)

Style3 Family

CityLowell

CountyMiddlesex

MLS AreaCentralville

Neighborhood(s)

Approximate Living Area Total2,908 SqFt

Approximate Lot Size (Acres)0.07 acres

Total Parking0

Garage Parking

Year Built1910

Year Built SourcePublic Records

Year Renovated

Year Built DetailsUnknown/Mixed

Water

Sewer

Electric

Hot Water

Roof Material

Basement

Construction MaterialsFrame

Lot FeaturesLevel, Corner Lot

Foundation Area

Foundation DescriptionStone

Accessible Features

Outdoor Space

ZoningUSF

Zoning Details

Water Views

Water Views Features

WaterfrontNo

Waterfront Features

Energy Features

Terms

Disclosures for 24 W 3rd St, Lowell MA 01850

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$54,000

Total Net Income By Broker$54,000

For Sale By OwnerNo

Short Sale / Forclosure (Bank Owned)

Buyer Agent Compensation2

Facilitator Compensation1

Sub-Agent Compensation

Compensation Based OnGross/full Sale Price

Financial Information for 24 W 3rd St, Lowell MA 01850

Real Estate Taxes$5,318

Tax Year2022

Assessed Value$419,100

Financial Data Source

Total Gross Expenses By Broker$0

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker$54,000

BostonRealEstate.com Gross Income

Total Net Income By Broker$54,000

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

CAP Rate (BostonRealEstate.com)9.27%

Location Information for 24 W 3rd St, Lowell MA 01850

Elementary School

Middle School

High School

Neighborhood(s)

MLS AreaCentralville

Area AmenitiesHouse Of Worship, Shopping, Laundromat, Public Transportation

Contact Information for 24 W 3rd St, Lowell MA 01850

Agent

Name: Denise Hodgdon

Office

Name: Coldwell Banker Realty - Haverhill

Phone: 978-372-8577

Payment Calculator

, Interest

Property Taxes 443.17

Principal & Interest 3234.88

HOA Dues $0

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Coldwell Banker Realty - Haverhill

Denise Hodgdon

Agent Phone

Office Phone

(978) 372-8577

Text Agent Call Agent Call Office

Array
(
    [acres] => Approx. 0.07 acres (2,986 SqFt)
    [add_date] => 2024-05-07 04:11:19
    [address] => W 3rd St
    [agent] => Array
        (
            [address] => 4 Doris Street
            [city] => Derry
            [id] => CN228051
            [name] => Denise Hodgdon
            [national_association] => 456015384
            [office] => AN0949
            [state] => NH
            [zip] => 03038
        )

[apod_available] => Array
        (
            [0] => No
        )

[appliances] => Array
        (
        )

[approx_living_area_total] => 2,908 SqFt
    [approx_lot_size_acres] => 0.07 acres
    [approx_lot_size_sqft] => 2,986 SqFt
    [assessed_value] => $419,100
    [association] => No
    [association_fee] => Array
        (
            [0] => $0
        )

[association_fee_frequency] => Array
        (
        )

[association_fee_includes] => Array
        (
        )

[association_required] => Array
        (
        )

[available_date] => 
    [available_now] => Yes
    [basement] => Array
        (
        )

[bathrooms] => 3 Full
    [bedrooms] => 7
    [building_amenities] => Array
        (
        )

[building_area_source] => Array
        (
            [0] => Public Records
        )

[building_management] => Array
        (
        )

[building_debug] => 24 W 3rd St Lowell
    [building_id] => 
    [building_name] => 
    [building_name_from_address] => 
    [building_url] => 
    [buyer_agent_compensation] => 2
    [buyer_agent_id] => CT005665
    [buyer_office_id] => AN4281
    [c_style] => Array
        (
            [0] => 3 Family
        )

[c_type] => Multi Family
    [cap_rate] => 9.27%
    [city] => Lowell
    [community_features] => Array
        (
            [0] => House Of Worship
            [1] => Shopping
            [2] => Laundromat
            [3] => Public Transportation
        )

[compensation_based_on] => Array
        (
            [0] => Gross/full Sale Price
        )

[complex_complete] => Array
        (
        )

[construction_materials] => Array
        (
            [0] => Frame
        )

[construction_status] => 
    [cooling] => No
    [cooperating_agent_commission] => Array
        (
        )

[county] => Middlesex
    [cultivation_acres] => None
    [date_available_note] => 
    [deposit_amount] => Array
        (
            [0] => $0
        )

[deposit_required] => Array
        (
        )

[deqe] => 
    [description] => Opportunity to own a 3 family in a great location in Lowell!  With a newer roof, deck, and vinyl siding along with separate utilities, you don't want to miss your next investment. The Seller would consider selling Floyd St & Central st as a package. Or BRING your BEST offer to own ALL 4 properties, 5-7 Floyd st., 900 Central St, 24 W. 3rd St, and 121 Powell St.
    [disclosures] => 
    [documents_available] => Array
        (
        )

[electric] => Array
        (
        )

[electric_expense] => Array
        (
            [0] => $0
        )

[elementary_school] => 
    [en_suite_bath] => Array
        (
            [0] => Yes
        )

[energy_features] => Array
        (
        )

[entry_level] => Array
        (
        )

[estimated_monthly_payment] => 
    [exclusions] => Array
        (
        )

[exterior_features] => Array
        (
        )

[facilitator_compensation] => 1
    [fee_paid_by_tennant] => Contact Agent
    [financial_data_source] => Array
        (
        )

[fireplaces] => Array
        (
            [0] => 0
        )

[first_month_required] => Array
        (
        )

[floor_number] => 0
    [flooring] => Array
        (
        )

[for_sale_by_owner] => No
    [foundation_area] => 
    [foundation_materials] => Array
        (
            [0] => Stone
        )

[frontage_length] => 
    [full_baths] => 3
    [garage_parking] => 
    [gas] => Array
        (
        )

[gas_expense] => Array
        (
            [0] => $0
        )

[gross_income] => Array
        (
            [0] => $54,000
        )

[half_baths] => 0
    [handicap_access] => No
    [heating] => Yes
    [heating_expense] => Array
        (
            [0] => $0
        )

[high_school] => 
    [horse_features] => Array
        (
        )

[horse_permitted] => No
    [hot_water] => Array
        (
        )

[id] => 336233
    [insurance_expense] => Array
        (
            [0] => $0
        )

[insurance_required] => Array
        (
        )

[interior_features] => Array
        (
        )

[last_month_required] => Array
        (
        )

[last_sync_date] => 2024-05-07 04:11:19
    [laundry_features] => Array
        (
        )

[lead_paint] => Array
        (
        )

[lease_term] => 
    [levels_in_unit] => 1
    [living_area] => 2,908 Sq. Ft.
    [living_area_disclosure] => Array
        (
        )

[living_area_includes_basement] => Array
        (
            [0] => No
        )

[lot_features] => Array
        (
            [0] => Level
            [1] => Corner Lot
        )

[management_expense] => Array
        (
            [0] => $0
        )

[middle_school] => 
    [miscellaneuos_expense] => Array
        (
            [0] => $0
        )

[mls_area] => Centralville
    [mls_id] => 73093495
    [neighborhoods] => Array
        (
        )

[net_income_calc] => 48682
    [net_operating_income] => Array
        (
            [0] => $54,000
        )

[number_of_lots] => Array
        (
        )

[number_of_units] => 3
    [office] => Array
        (
            [id] => AN6212
            [name] => Coldwell Banker Realty - Haverhill
            [phone] => 978-372-8577
        )

[operating_expense] => Array
        (
            [0] => $0
        )

[optional_fee_includes] => Array
        (
        )

[optional_price] => 0
    [outdoor_space_available] => Array
        (
        )

[owner_occupancy_source] => 
    [parking_features] => Array
        (
        )

[pasture_area] => None
    [patio_and_porch] => Array
        (
        )

[perc_test] => Array
        (
        )

[perc_test_date] => Unknown
    [pet_policy] => Array
        (
        )

[phone] => 978-551-4125
    [pool_features] => Array
        (
        )

[price] => $525,000
    [price_per_sqft] => 180.54
    [price_per_unit] => 175000
    [private_pool] => No
    [property_sub_type] => Array
        (
            [0] => 3 Family
        )

[real_estate_tax] => $5,318
    [references_required] => Array
        (
        )

[rent_includes] => Array
        (
            [0] => Unit 1(water)
            [1] => Unit 2(water)
            [2] => Unit 3(water)
        )

[repair_maintenance_expense] => Array
        (
            [0] => $0
        )

[road_frontage_type] => Array
        (
        )

[roof_material] => Array
        (
        )

[rooms] => 13
    [senior_community] => No
    [sewer] => Array
        (
        )

[sewer_expense] => Array
        (
            [0] => $0
        )

[short_sale] => 
    [special_listing_conditions] => Array
        (
        )

[state] => Massachusetts
    [state_code] => MA
    [status] => Array
        (
            [0] => Closed
        )

[street_number] => 24
    [structure_type] => Array
        (
        )

[style] => Array
        (
        )

[subagent_compensation] => 
    [tag_accessible_features] => 
    [tag_air_conditioning] => 
    [tag_association_pool] => 
    [tag_beach_access] => 
    [tag_beach_front] => 
    [tag_elevator] => 
    [tag_equestrian] => 
    [tag_garage_parking] => 
    [tag_generator] => 
    [tag_green_features] => 
    [tag_laundry] => 
    [tag_lead_paint_free] => 
    [tag_loft] => 
    [tag_pet_friendly] => 
    [tag_pre_construction] => 
    [tag_private_outdoor_space] => 
    [tag_private_pool] => 
    [tag_professional_management] => 
    [tag_recently_renovated] => 
    [tag_senior_community] => 
    [tag_townhouse] => 
    [tag_waterfront] => 
    [tag_waterview] => 
    [tax_year] => 2022
    [team] => Array
        (
        )

[terms] => Array
        (
        )

[timber_acres] => None
    [title_5] => 
    [total_gross_expense] => 5318
    [total_gross_income] => 54000
    [total_parking] => 0
    [trash_expense] => Array
        (
            [0] => $0
        )

[uffi] => Array
        (
        )

[unit_1_bathrooms] => 1 Full
    [unit_1_bedrooms] => 3
    [unit_1_floor] => 1
    [unit_1_lease] => Array
        (
            [0] => N
        )

[unit_1_levels] => 1
    [unit_1_rent] => Array
        (
            [0] => 1900
        )

[unit_2_bathrooms] => 1 Full
    [unit_2_bedrooms] => 3
    [unit_2_floor] => 2
    [unit_2_lease] => Array
        (
            [0] => N
        )

[unit_2_levels] => 2
    [unit_2_rent] => Array
        (
            [0] => 1800
        )

[unit_3_bathrooms] => 1 Full
    [unit_3_bedrooms] => 1
    [unit_3_floor] => 3
    [unit_3_lease] => Array
        (
            [0] => N
        )

[unit_3_levels] => 3
    [unit_3_rent] => Array
        (
            [0] => 800
        )

[unit_4_bathrooms] => 
    [unit_4_bedrooms] => 
    [unit_4_floor] => 
    [unit_4_lease] => Array
        (
        )

[unit_4_levels] => 
    [unit_4_rent] => Array
        (
        )

[unit_level] => 
    [unit_number] => 
    [units_owner_occupied] => 
    [unparsed] => Array
        (
            [0] => 24 W 3rd St, Lowell MA 01850
        )

[utilities] => Array
        (
        )

[view] => Array
        (
        )

[water] => Array
        (
        )

[water_expense] => Array
        (
            [0] => $0
        )

[water_views] => Array
        (
        )

[water_views_features] => Array
        (
        )

[waterfront] => No
    [waterfront_features] => Array
        (
        )

[year_built] => 1910
    [year_built_details] => Unknown/Mixed
    [year_built_source] => Public Records
    [year_renovated] => 
    [zip] => 01850
    [zoning] => USF
    [zoning_details] => 
    [media] => Array
        (
            [0] => Array
                (
                    [id] => 7195486
                    [name] => MLS1.jpg
                    [type] => gallery
                    [category] => image
                    [url] => https://www.bostonrealestate.com/wp-content/uploads/WPL/336233/MLS1.jpg
                    [index] => 1
                    [enabled] => 1
                    [created] => 2024-05-07 04:11:20
                    [modified] => 2024-05-07 04:11:20
                )

[1] => Array
                (
                    [id] => 7196074
                    [name] => MLS2.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73093495&w=1024&h=768&n=2
                    [index] => 2
                    [enabled] => 1
                    [created] => 2024-05-07 04:11:24
                    [modified] => 2024-05-07 04:11:24
                )

[2] => Array
                (
                    [id] => 7196075
                    [name] => MLS3.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73093495&w=1024&h=768&n=3
                    [index] => 3
                    [enabled] => 1
                    [created] => 2024-05-07 04:11:24
                    [modified] => 2024-05-07 04:11:24
                )

[3] => Array
                (
                    [id] => 7196076
                    [name] => MLS4.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73093495&w=1024&h=768&n=4
                    [index] => 4
                    [enabled] => 1
                    [created] => 2024-05-07 04:11:24
                    [modified] => 2024-05-07 04:11:24
                )

[4] => Array
                (
                    [id] => 7196077
                    [name] => MLS5.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73093495&w=1024&h=768&n=5
                    [index] => 5
                    [enabled] => 1
                    [created] => 2024-05-07 04:11:24
                    [modified] => 2024-05-07 04:11:24
                )

[5] => Array
                (
                    [id] => 7196078
                    [name] => MLS6.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73093495&w=1024&h=768&n=6
                    [index] => 6
                    [enabled] => 1
                    [created] => 2024-05-07 04:11:24
                    [modified] => 2024-05-07 04:11:24
                )

[6] => Array
                (
                    [id] => 7196079
                    [name] => MLS7.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73093495&w=1024&h=768&n=7
                    [index] => 7
                    [enabled] => 1
                    [created] => 2024-05-07 04:11:24
                    [modified] => 2024-05-07 04:11:24
                )

[7] => Array
                (
                    [id] => 7196080
                    [name] => MLS8.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73093495&w=1024&h=768&n=8
                    [index] => 8
                    [enabled] => 1
                    [created] => 2024-05-07 04:11:24
                    [modified] => 2024-05-07 04:11:24
                )

[8] => Array
                (
                    [id] => 7196081
                    [name] => MLS9.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73093495&w=1024&h=768&n=9
                    [index] => 9
                    [enabled] => 1
                    [created] => 2024-05-07 04:11:24
                    [modified] => 2024-05-07 04:11:24
                )

[9] => Array
                (
                    [id] => 7196082
                    [name] => MLS10.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73093495&w=1024&h=768&n=10
                    [index] => 10
                    [enabled] => 1
                    [created] => 2024-05-07 04:11:24
                    [modified] => 2024-05-07 04:11:24
                )

[10] => Array
                (
                    [id] => 7196083
                    [name] => MLS11.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73093495&w=1024&h=768&n=11
                    [index] => 11
                    [enabled] => 1
                    [created] => 2024-05-07 04:11:24
                    [modified] => 2024-05-07 04:11:24
                )

[11] => Array
                (
                    [id] => 7196084
                    [name] => MLS12.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73093495&w=1024&h=768&n=12
                    [index] => 12
                    [enabled] => 1
                    [created] => 2024-05-07 04:11:24
                    [modified] => 2024-05-07 04:11:24
                )

)

)

EXIT

Closed

24 W 3rd St, Lowell MA 01850

$525,000

Annual Expenses for 24 W 3rd St, Lowell MA 01850

Annual Income & Unit Breakdown for 24 W 3rd St, Lowell MA 01850

General Information for 24 W 3rd St, Lowell MA 01850

Disclosures for 24 W 3rd St, Lowell MA 01850

Financial Information for 24 W 3rd St, Lowell MA 01850

Location Information for 24 W 3rd St, Lowell MA 01850

Contact Information for 24 W 3rd St, Lowell MA 01850

Agent

Office

Payment Calculator

Exclusive Listing Agent

Coldwell Banker Realty - Haverhill

Denise Hodgdon