Great 2 family in the Highlands area of Lowell on the corner lot .Consist of 2 bedrooms in each units with all hardwood flooring throughout.. New force air heating system with central air and updated electric water heater.. Upgraded electric wiring with 200 amps circuit brea...
This home has been viewed 24 times
Last Checked: May 7th, 2024 at 6:31am (Source: MLS PIN #73088249)
Gross Income: $15,600
Gross Expenses: $6,407
Net Income Calc: $9,193
CAP Rate: 1.46%
Annual Expenses for 262 Shaw St, Lowell MA 01851
Total Gross Expenses (Calculated)$6,407/year
APOD AvailableYes
Heating
Electricity
Water
Gas
Insurance$1,450
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax$4,957
Annual Income & Unit Breakdown for 262 Shaw St, Lowell MA 01851
Total Gross Income (Calculated)$15,600
Unit 1
Rental Income$1,300
LeaseY
Bedrooms2
Bathrooms1 Full
Floor1
Levels in Unit1
HeatingYes
Rent IncludesUnit 1(water), Unit 2(other (see Remarks))
Unit 2
Rental Income$0
LeaseN
Bedrooms2
Bathrooms1 Full
Floor2
Levels in Unit1
HeatingYes
Rent IncludesUnit 1(water), Unit 2(other (see Remarks))
General Information for 262 Shaw St, Lowell MA 01851
Listing ID73088249
Property TypeMulti Family / 2 Family
Price$629,900 ($282.72/SqFt)
Style2 Family - 2 Units Up/down
CityLowell
CountyMiddlesex
MLS Area
Neighborhood(s)
Approximate Living Area Total2,228 SqFt
Approximate Lot Size (Acres)0.09 acres
Total Parking4
Garage Parking
Year Built1925
Year Built SourcePublic Records
Year Renovated
Year Built DetailsApproximate
Water
Sewer
Electric
Hot Water
Roof Material
Basement
Construction MaterialsFrame
Lot FeaturesCorner Lot
Foundation Area1500
Foundation DescriptionStone
Accessible Features
Outdoor Space
Zoningresidentia
Zoning Details
Water ViewsNo
Water Views Features
WaterfrontNo
Waterfront Features
Energy FeaturesAttic Vent Elec.
Terms
Disclosures for 262 Shaw St, 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$9,080
Total Gross Income By Broker$1,560
Total Net Income By Broker$14,150
For Sale By OwnerNo
Short Sale / Forclosure (Bank Owned)
Buyer Agent Compensation2%%
Facilitator Compensation1%%
Sub-Agent Compensation
Compensation Based OnNet Sale Price
Financial Information for 262 Shaw St, Lowell MA 01851
Real Estate Taxes$4,957
Tax Year2022
Assessed Value$390,400
Financial Data Source
Total Gross Expenses By Broker$9,080
BostonRealEstate.com Gross Expenses
Total Gross Income By Broker$1,560
BostonRealEstate.com Gross Income
Total Net Income By Broker$14,150
BostonRealEstate.com Gross NOI
CAP Rate (based on Broker info)
CAP Rate (BostonRealEstate.com)1.46%
Location Information for 262 Shaw St, Lowell MA 01851
Elementary School
Middle School
High School
Neighborhood(s)
MLS Area
Area AmenitiesPublic School, Laundromat, Public Transportation
Contact Information for 262 Shaw St, Lowell MA 01851