Do not miss the opportunity to see this charming 2-family located on the corner of North Street and Lawrence Street with close proximity to the Lowell Connector and downtown Lowell. Unit #1 is currently rented with longstanding tenants. This unit has 2 bedrooms on the first level and a bonus room on the lower level. Unit #2 is vacant and ready to move in with 2 bedrooms and 2 bonus rooms on the third floor. Gas, electricity, and hot water are all separate systems and meters.
This home has been viewed 43 times
Last Checked: May 7th, 2024 at 7:36am (Source: MLS PIN #73084808)
Gross Income: $16,800
Gross Expenses: $6,890
Net Income Calc: $9,910
Annual Expenses for 56 North St, Lowell MA 01852
Total Gross Expenses (Calculated)$6,890/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax4269
Annual Income & Unit Breakdown for 56 North St, Lowell MA 01852
Total Gross Income (Calculated)$16,800
Unit 1
Rental Income$0
LeaseY
Bedrooms3
Bathrooms1 Full
Floor1
Levels in Unit2
Rent Includes
Unit 2
Rental Income$0
LeaseN
Bedrooms2
Bathrooms1 Full
Floor2
Levels in Unit2
Rent Includes
General Information for 56 North St, Lowell MA 01852
Listing ID73084808
Property TypeMulti Family
Price514999 ($142.58/SqFt)
StyleMulti Family
CityLowell
CountyMiddlesex
Neighborhood(s)
Approximate Living Area Total3612
Approximate Lot Size (Acres)0.04
Total Parking0
Garage Parking0
Year Built1900
Year Built SourcePublic Records
Year Built DetailsActual
WaterPublic
SewerPublic Sewer
Electric220 Volts
Hot Water
Roof MaterialAsphalt/fiberglass Shingles
BasementFull
Construction Materials
Lot FeaturesGentle Sloping
Foundation Description
Accessible Features
Outdoor Space
ZoningTTF
Water Views
Water Views Features
Waterfront Features
Terms
Disclosures for 56 North St, Lowell MA 01852
Lead Paint
UFFI
Living Area Includes BasementYes
Living Area Disclosure
Building Area SourcePublic Records
ExclusionsWasher And Dryer Excluded. Curtain Rods In Primary Belong To Stager.
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 Compensation1%
Compensation Based OnGross/full Sale Price
Financial Information for 56 North St, Lowell MA 01852
Real Estate Taxes4269
Tax Year2022
Assessed Value$336,400
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 56 North St, Lowell MA 01852
Neighborhood(s)
Area AmenitiesWalk/jog Trails
Contact Information for 56 North St, Lowell MA 01852