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Closed

171 Stevens Street, Lowell MA 01851

$449,000

Estimated $1,142.80/month Calculator

Multi Family

Total Units: 2

Price Per Unit: $224,500

Total Rent: 17280/year

Estimated CAP Rate: 2.74%

4 Bedrooms

2 Full Baths

2,104 SqFt

Total Parking: 3

5,432 SqFt

Excellent Investment Opportunity - 2 Family (Up/Down) in the heart of the Highlands section of Lowell with easy access to Lowell Connector, Rtes 3 & 495! Off street parking with large fenced in side yard/back yard, patio area for BBQs, and twin over-sized decks - great set up for entertaining! First floor unit features 1 bedroom, 1 bathroom with in unit washer/dryer. Second floor unit features 3 bedrooms (cathedral ceiling in main bedroom), 1 bathroom. Both units include sliders which access your private decks with side/back yard views. Forced hot water heat powered by natural gas & updated electrical panels. Great opportunity for the investor or as an owner occupied set up. Close to public transportation, Tsongas Arena, Lowell Memorial Auditorium, UMass Lowell and much more! Stop in to check out this great opportunity today! Due to multiple offers, offer deadline will be set Monday 2/20 at 12 pm

This home has been viewed 33 times

Last Checked: May 7th, 2024 at 4:31am (Source: MLS PIN #73079487)

Gross Income: $17,280

Gross Expenses: $4,977

Net Income Calc: $12,303

CAP Rate: 2.74%

Annual Expenses for 171 Stevens Street, Lowell MA 01851

Total Gross Expenses (Calculated)$4,977/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax$4,977

Annual Income & Unit Breakdown for 171 Stevens Street, Lowell MA 01851

Total Gross Income (Calculated)$17,280

Unit 1

Rental Income$1,440

LeaseY

Bedrooms1

Bathrooms1 Full

Floor1

Levels in Unit1

HeatingYes

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

Unit 2

Rental Income$0

LeaseN

Bedrooms3

Bathrooms1 Full

Floor2

Levels in Unit1

HeatingYes

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

General Information for 171 Stevens Street, Lowell MA 01851

Listing ID73079487

Property TypeMulti Family / 2 Family

Price$449,000 ($213.4/SqFt)

Style2 Family - 2 Units Up/down

CityLowell

CountyMiddlesex

MLS AreaHighlands

Neighborhood(s)

Approximate Living Area Total2,104 SqFt

Approximate Lot Size (Acres)0.12 acres

Total Parking3

Garage Parking

Year Built1900

Year Built SourcePublic Records

Year Renovated

Year Built DetailsApproximate

Water

Sewer

Electric

Hot Water

Roof Material

Basement

Construction MaterialsFrame

Lot FeaturesLevel, Cleared

Foundation Area

Foundation DescriptionStone

Accessible Features

Outdoor Space

ZoningTMF

Zoning Details

Water ViewsNo

Water Views Features

WaterfrontNo

Waterfront Features

Energy Features

Terms

Disclosures for 171 Stevens 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$17,280

Total Net Income By Broker$17,280

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 171 Stevens Street, Lowell MA 01851

Real Estate Taxes$4,977

Tax Year2022

Assessed Value$392,200

Financial Data Source

Total Gross Expenses By Broker$0

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker$17,280

BostonRealEstate.com Gross Income

Total Net Income By Broker$17,280

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

CAP Rate (BostonRealEstate.com)2.74%

Location Information for 171 Stevens Street, Lowell MA 01851

Elementary School

Middle School

High School

Neighborhood(s)

MLS AreaHighlands

Area AmenitiesHighway Access, House Of Worship, Public School, Shopping, Park, Medical Facility, Laundromat, Public Transportation, University, Sidewalks

Contact Information for 171 Stevens Street, Lowell MA 01851

Agent

Name: DNA Realty Group

Office

Name: Keller Williams Realty

Phone: 978-475-2111

Team Members

Name: Arthur Martiroso

Phone: 617-921-5015

Payment Calculator

, Interest

Property Taxes 414.75

Principal & Interest 2766.6

HOA Dues $0

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Keller Williams Realty

DNA Realty Group

Agent Phone

Office Phone

(978) 475-2111

Text Agent Call Agent Call Office

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[perc_test] => Array
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EXIT