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70 W 4th St, Lowell MA 01850

$459,900

Estimated $1,086.31/month Calculator

Multi Family

Total Units: 2

Price Per Unit: $229,950

Total Rent: 41400/year

Estimated CAP Rate: 7.43%

7 Bedrooms

2 Full Baths

2,066 SqFt

Total Parking: 0

2,210 SqFt

24 hour notice. the high cost of rents going up and up this 2 family would be a perfect fit for someone to live in as owner occupied have the other rent pay for your mortgage or be an investor. The Property itself is in good condition. This building has lead paint certificates for both units

This home has been viewed 24 times

Last Checked: May 7th, 2024 at 4:16am (Source: MLS PIN #73087027)

Gross Income: $41,400

Gross Expenses: $7,207

Net Income Calc: $34,193

CAP Rate: 7.43%

Annual Expenses for 70 W 4th St, Lowell MA 01850

Total Gross Expenses (Calculated)$7,207/year

APOD AvailableNo

Heating

Electricity

Water$1,920

Gas$1,920

Insurance

Sewer$1,920

Trash Removal

Repair & Maintenance$1,200

Management

Miscellaneous

Real Estate Tax$4,087

Annual Income & Unit Breakdown for 70 W 4th St, Lowell MA 01850

Total Gross Income (Calculated)$41,400

Unit 1

Rental Income$1,450

LeaseN

Bedrooms3

Bathrooms1 Full

Floor1

Levels in Unit1

HeatingNo

Rent Includes

Unit 2

Rental Income$2,000

LeaseN

Bedrooms4

Bathrooms1 Full

Floor2

Levels in Unit2

HeatingNo

Rent Includes

General Information for 70 W 4th St, Lowell MA 01850

Listing ID73087027

Property TypeMulti Family

Price$459,900 ($222.6/SqFt)

StyleMulti Family

CityLowell

CountyMiddlesex

MLS Area

Neighborhood(s)

Approximate Living Area Total2,066 SqFt

Approximate Lot Size (Acres)0.05 acres

Total Parking0

Garage Parking

Year Built1920

Year Built SourcePublic Records

Year Renovated

Year Built DetailsApproximate

Water

Sewer

Electric

Hot Water

Roof Material

Basement

Construction MaterialsFrame

Lot FeaturesOther

Foundation Area

Foundation DescriptionStone

Accessible Features

Outdoor Space

ZoningUSF

Zoning Details

Water Views

Water Views Features

WaterfrontNo

Waterfront Features

Energy Features

Terms

Disclosures for 70 W 4th 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$3,120

Total Gross Income By Broker$41,400

Total Net Income By Broker$38,280

For Sale By OwnerNo

Short Sale / Forclosure (Bank Owned)

Buyer Agent Compensation2

Facilitator Compensation2

Sub-Agent Compensation

Compensation Based OnNet Sale Price

Financial Information for 70 W 4th St, Lowell MA 01850

Real Estate Taxes$4,087

Tax Year2022

Assessed Value$322,100

Financial Data Source

Total Gross Expenses By Broker$3,120

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker$41,400

BostonRealEstate.com Gross Income

Total Net Income By Broker$38,280

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

CAP Rate (BostonRealEstate.com)7.43%

Location Information for 70 W 4th St, Lowell MA 01850

Elementary School

Middle School

High School

Neighborhood(s)

MLS Area

Area Amenities

Contact Information for 70 W 4th St, Lowell MA 01850

Agent

Name: Brian McMahon

Office

Name: RE/MAX Innovative Properties

Phone: 978-452-4432

Payment Calculator

, Interest

Property Taxes 340.58

Principal & Interest 2833.76

HOA Dues $0

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

RE/MAX Innovative Properties

Brian McMahon

Agent Phone

Office Phone

(978) 452-4432

Text Agent Call Agent Call Office

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EXIT