Investors take notice!! This spectacular property features 6 units! All units are 3 bedrooms and 1 bathroom. They have separate utilities and stackable washer and dryer in each unit! Updates include new windows and new siding, interior was gutted down to the studs in 2003. Parking is available in the rear of the property. All units are currently occupied with Tenants at Will. Come view this property for an amazing investment opportunity!
This home has been viewed 44 times
Last Checked: May 7th, 2024 at 5:36am (Source: MLS PIN #73104794)
Gross Income: $72,000
Gross Expenses: $12,533
Net Income Calc: $59,467
Water Views
Annual Expenses for 621-627 Central Street, Lowell MA 01852
Total Gross Expenses (Calculated)$12,533/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax12533
Annual Income & Unit Breakdown for 621-627 Central Street, Lowell MA 01852
Total Gross Income (Calculated)$72,000
Unit 1
Rental Income$0
LeaseN
Bedrooms3
Bathrooms1 Full
Floor1
Levels in Unit1
Rent Includes
Unit 2
Rental Income$0
LeaseN
Bedrooms3
Bathrooms1 Full
Floor1
Levels in Unit1
Rent Includes
Unit 3
Rental Income$0
LeaseN
Bedrooms3
Bathrooms1 Full
Floor1
Levels in Unit1
Rent Includes
Unit 4
Rental Income$0
LeaseN
Bedrooms3
Bathrooms1 Full
Floor2
Levels in Unit1
Rent Includes
General Information for 621-627 Central Street, Lowell MA 01852
Listing ID73104794
Property TypeMulti Family / 5+ Family
Price1250000 ($201.61/SqFt)
Style5-9 Family
CityLowell
CountyMiddlesex
Neighborhood(s)
Approximate Living Area Total6200
Approximate Lot Size (Acres)0.24
Total Parking4
Garage Parking0
Year Built1908
Year Built SourcePublic Records
Year Built DetailsApproximate
WaterPublic
SewerPublic Sewer
Electric
Hot Water
Roof Material
BasementFull
Construction Materials
Lot FeaturesGentle Sloping
Foundation Description
Accessible Features
Outdoor Space
ZoningTMU
Water ViewsNo
Water Views Features
Waterfront Features
Terms
Disclosures for 621-627 Central Street, Lowell MA 01852
Lead Paint
UFFI
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourceOther
ExclusionsAll Personal Property.
Financial Data Source
Total Gross Expenses By Broker
Total Gross Income By Broker
Total Net Income By Broker
For Sale By OwnerEntry Only
Short Sale / Forclosure (Bank Owned)
Buyer Agent Compensation1%
Facilitator Compensation0
Compensation Based OnNet Sale Price
Financial Information for 621-627 Central Street, Lowell MA 01852
Real Estate Taxes12533
Tax Year2022
Assessed Value$987,600
Financial Data Source
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 621-627 Central Street, Lowell MA 01852
High SchoolLowell High Sch
Neighborhood(s)
Area AmenitiesWalk/jog Trails
Contact Information for 621-627 Central Street, Lowell MA 01852