Wow! Great opportunity for an owner-occupant or investor to purchase this two-family located in desirable Highlands area and within a short distance to the University ! This well-maintained townhouse style 2 family has been under the care of the same family for over 50+ years! The front unit has a foyer with a split staircase that leads to a formal dining area that gives it a single-family home feeling, right when you walk through the front the door. The second unit is in the back, for that income potential to help with the expenses or for extended family! The floor plan features a character-filled interior with built ins, well- proportioned rooms, lots of hardwood floors throughout, bay windows and much more. A true outdoor paradise with fig, pear and flowering trees, beautiful grape vines, fenced in yard and shed! No more traffic headaches, thanks to easy access to freeways and public transportation. The exterior could use some TLC, but you must see this gem inside!!!!
This home has been viewed 56 times
Last Checked: May 7th, 2024 at 7:06am (Source: MLS PIN #73117106)
Gross Income: $0
Gross Expenses: $4,246
Net Income Calc: $4,246
CAP Rate: -0.85%
Annual Expenses for 17 Nichols St, Lowell MA 01851
Total Gross Expenses (Calculated)$4,246/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax$4,246
Annual Income & Unit Breakdown for 17 Nichols St, Lowell MA 01851
Total Gross Income (Calculated)$0
Unit 1
Rental Income$0
LeaseN
Bedrooms4
Bathrooms1 Full
Floor1
Levels in Unit4
HeatingYes
Rent IncludesHot Water), Unit 2(water
Unit 2
Rental Income$0
LeaseN
Bedrooms2
Bathrooms1 Full
Floor1
Levels in Unit2
HeatingYes
Rent IncludesHot Water), Unit 2(water
General Information for 17 Nichols St, Lowell MA 01851
Listing ID73117106
Property TypeMulti Family / 2 Family
Price$499,900 ($203.38/SqFt)
Style2 Family - 2 Units Up/down
CityLowell
CountyMiddlesex
MLS Area
Neighborhood(s)
Approximate Living Area Total2,458 SqFt
Approximate Lot Size (Acres)0.06 acres
Total Parking3
Garage Parking
Year Built1940
Year Built SourcePublic Records
Year Renovated
Year Built DetailsActual
Water
Sewer
Electric
Hot Water
Roof Material
Basement
Construction Materials
Lot FeaturesLevel
Foundation Area
Foundation DescriptionIrregular
Accessible Features
Outdoor Space
ZoningTMF
Zoning Details
Water ViewsNo
Water Views Features
WaterfrontNo
Waterfront Features
Energy Features
Terms
Disclosures for 17 Nichols 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$0
Total Gross Income By Broker$0
Total Net Income By Broker$0
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 17 Nichols St, Lowell MA 01851
Real Estate Taxes$4,246
Tax Year2023
Assessed Value$334,600
Financial Data Source
Total Gross Expenses By Broker$0
BostonRealEstate.com Gross Expenses
Total Gross Income By Broker$0
BostonRealEstate.com Gross Income
Total Net Income By Broker$0
BostonRealEstate.com Gross NOI
CAP Rate (based on Broker info)
CAP Rate (BostonRealEstate.com)-0.85%
Location Information for 17 Nichols St, Lowell MA 01851
Elementary School
Middle School
High School
Neighborhood(s)
MLS Area
Area AmenitiesWalk/jog Trails, Highway Access, House Of Worship, Public School, Shopping, Golf, Park, Medical Facility, Laundromat, Public Transportation, T-station, Private School, University
Contact Information for 17 Nichols St, Lowell MA 01851