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730-732 Lawrence St, Lowell MA 01852

$599,900

Estimated $1,446/month Calculator

Multi Family

Total Units: 2

Price Per Unit: $299,950

Total Rent: 51300/year

Estimated CAP Rate:

10 Bedrooms

Baths

3425

Total Parking: 1

3,000 (0.07)

Large, spacious two-family building with potential for 3rd unit, has 10+ bedrooms and 3 full bathrooms. Fully renovated 2 years ago with new vinyl siding, paint, flooring, replaced water heaters and a new furnace. 1st Floor has 4 bedrooms, 1 bath, kitchen, living room, and laundry room. 2nd Floor is currently rented with 4 bedrooms, 1 bath, kitchen, living room and laundry hook up in kitchen. Second unit could be combined with the 3rd floor adding an additional 2-3 bedrooms and another full bathroom, kitchen and gas stove hookup. Or, the third floor can also be converted into a separate unit creating a legal 3 Family. All units are fully de-leaded in 2020 with De-leading Certificate available for each unit. Large fenced yard. Large storage space in the basement. 1st and 2nd units are rented to long term tenants for $4275/month not including utilities. Turn-key rental property, just start to collect rents.

This home has been viewed 90 times

Last Checked: May 7th, 2024 at 6:01am (Source: MLS PIN #73103311)

Gross Income: $51,300

Gross Expenses: $5,683

Net Income Calc: $45,617

Water Views

Annual Expenses for 730-732 Lawrence St, Lowell MA 01852

Total Gross Expenses (Calculated)$5,683/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax5683

Annual Income & Unit Breakdown for 730-732 Lawrence St, Lowell MA 01852

Total Gross Income (Calculated)$51,300

Unit 1

Rental Income$0

LeaseY

Bedrooms4

Bathrooms1 Full

Floor1

Levels in Unit1

Rent Includes

Unit 2

Rental Income$0

LeaseY

Bedrooms6

Bathrooms2 Full

Floor2

Levels in Unit2

Rent Includes

General Information for 730-732 Lawrence St, Lowell MA 01852

Listing ID73103311

Property TypeMulti Family / 2 Family

Price599900 ($175.15/SqFt)

Style2 Family - 2 Units Up/down

CityLowell

CountyMiddlesex

Neighborhood(s)

Approximate Living Area Total3425

Approximate Lot Size (Acres)0.07

Total Parking1

Garage Parking0

Year Built1900

Year Built SourcePublic Records

Year Built DetailsApproximate

WaterPublic

SewerPublic Sewer

Electric220 Volts

Hot Water

Roof MaterialAsphalt/fiberglass Shingles

BasementFull

Construction MaterialsFrame

Lot Features

Foundation Description

Accessible Features

Outdoor Space

ZoningTMU

Water ViewsNo

Water Views Features

Waterfront Features

Terms

Disclosures for 730-732 Lawrence St, Lowell MA 01852

Lead Paint

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

ExclusionsGenerator

Financial Data Source

Total Gross Expenses By Broker

Total Gross Income By Broker

Total Net Income By Broker

Short Sale / Forclosure (Bank Owned)

Buyer Agent Compensation2

Facilitator Compensation0

Compensation Based OnNet Sale Price

Financial Information for 730-732 Lawrence St, Lowell MA 01852

Real Estate Taxes5683

Tax Year2022

Assessed Value$447,800

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 730-732 Lawrence St, Lowell MA 01852

Neighborhood(s)

Area AmenitiesWalk/jog Trails

Contact Information for 730-732 Lawrence St, Lowell MA 01852

Agent

Name: Michelle Walker

Office

Name: Redfin Corp.

Phone: 617-340-7803

Payment Calculator

, Interest

Property Taxes 473.58

Principal & Interest 3696.39

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Redfin Corp.

Michelle Walker

Agent Phone

Office Phone

(617) 340-7803

Text Agent Call Agent Call Office

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EXIT

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