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Canceled

73-75 Beech St, Lowell MA 01850

$549,900

Estimated $1,248/month Calculator

Multi Family

Total Units: 2

Price Per Unit: $274,950

Total Rent: 47400/year

Estimated CAP Rate:

5 Bedrooms

Baths

2198

Total Parking: 2

2,320 (0.05)

INVESTORS: Turn-key rental property, just start to collect rents!! Or for owner occupant. Tenants are at will. Large, Side-bySide Duplex, spacious 2 Units, with 5 Bedrooms, 2 full bathrooms. Both units are rented to long term stable Section 8 tenants for a total of $3,950 (73=2000, 75=1950). Both units are de-leaded. 73 Beech: has LR, DR, Kitchen, 3 bedrooms (Section 8 considers it a 4 bdrm) and bathroom. Laundry hook up in private basement. Laminate Floor. 75 Beech St has a LR, DR, Kitchen, 2 bedrooms and a bathroom. Laundry hook-up in the private basement. Laminate Floor. ROOF: 9/22! All newer replacement WINDOWS. Separate gas and electricity meters. Electric updated w circuit breakers. Gas heat, stove and hot water tanks. #73-has steam heat, #75-FHA. 2 Parking spots reserved by City of Lowell Parking sign. Seller to provide an American Home Warranty for repairs/replacement of heating, hot water, if needed. Need 24 hr notice for showings due to tenants. Request thru Showing Time.

This home has been viewed 27 times

Last Checked: May 7th, 2024 at 7:41am (Source: MLS PIN #73110252)

Gross Income: $47,400

Gross Expenses: $4,271

Net Income Calc: $43,129

Annual Expenses for 73-75 Beech St, Lowell MA 01850

Total Gross Expenses (Calculated)$4,271/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax4271

Annual Income & Unit Breakdown for 73-75 Beech St, Lowell MA 01850

Total Gross Income (Calculated)$47,400

Unit 1

Rental Income$0

LeaseN

Bedrooms3

Bathrooms1 Full

Floor1

Levels in Unit2

Rent Includes

Unit 2

Rental Income$0

LeaseN

Bedrooms2

Bathrooms1 Full

Floor1

Levels in Unit3

Rent Includes

General Information for 73-75 Beech St, Lowell MA 01850

Listing ID73110252

Property TypeMulti Family

Price549900 ($250.18/SqFt)

StyleMulti Family

CityLowell

CountyMiddlesex

Neighborhood(s)

Approximate Living Area Total2198

Approximate Lot Size (Acres)0.05

Total Parking2

Garage Parking0

Year Built1910

Year Built SourcePublic Records

Year Built DetailsApproximate

WaterPublic

SewerPublic Sewer

Electric

Hot Water

Roof MaterialAsphalt/fiberglass Shingles

BasementFull

Construction MaterialsFrame

Lot FeaturesGentle Sloping

Foundation Description

Accessible Features

Outdoor Space

ZoningTTF

Water Views

Water Views Features

Waterfront Features

Terms

Disclosures for 73-75 Beech St, Lowell MA 01850

Lead Paint

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

ExclusionsAll Appliances To Remain.

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 73-75 Beech St, Lowell MA 01850

Real Estate Taxes4271

Tax Year2022

Assessed Value$336,600

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 73-75 Beech St, Lowell MA 01850

Neighborhood(s)

Area Amenities

Contact Information for 73-75 Beech St, Lowell MA 01850

Agent

Name: Michelle Walker

Office

Name: Redfin Corp.

Phone: 617-340-7803

Payment Calculator

, Interest

Property Taxes 355.92

Principal & Interest 3388.31

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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