Here is your chance to invest in a great mixed use building consisting of 4 units. Top level units host 2 residential apartments that are currently both rented. Office space & Retail units in lower level are vacant and eagerly waiting for your next business inspiration. Prime market location with street parking all around.
This home has been viewed 42 times
Last Checked: May 7th, 2024 at 7:56am (Source: MLS PIN #73065138)
Gross Income: $40,800
Gross Expenses: $11,357
Net Income Calc: $29,443
Annual Expenses for 42 Branch St, Lowell MA 01851
Total Gross Expenses (Calculated)$11,357/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax11357.3
Annual Income & Unit Breakdown for 42 Branch St, Lowell MA 01851
Total Gross Income (Calculated)$40,800
Unit 1
Rental Income$0
LeaseN
Bedrooms0
Bathrooms1 Full, 1 Half
Floor1
Levels in Unit1
Rent Includes
Unit 2
Rental Income$0
LeaseN
Bedrooms0
Bathrooms1 Full
Floor1
Levels in Unit1
Rent Includes
Unit 3
Rental Income$0
LeaseN
Bedrooms5
Bathrooms1 Full, 2 Half
Floor2
Rent Includes
Unit 4
Rental Income$0
LeaseN
Bedrooms4
Bathrooms1 Full
Floor2
Rent Includes
General Information for 42 Branch St, Lowell MA 01851
Listing ID73065138
Property TypeMulti Family / 4 Family
Price799999 ($149.59/SqFt)
Style4 Family - 4 Units Up/down
CityLowell
CountyMiddlesex
Neighborhood(s)
Approximate Living Area Total5348
Approximate Lot Size (Acres)0.09
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 FeaturesGentle Sloping
Foundation Description
Accessible Features
Outdoor Space
ZoningTMU
Water Views
Water Views Features
Waterfront Features
Terms
Disclosures for 42 Branch St, Lowell MA 01851
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 Compensation1.5
Facilitator Compensation1
Compensation Based OnNet Sale Price
Financial Information for 42 Branch St, Lowell MA 01851
Real Estate Taxes11357.3
Tax Year2022
Assessed Value$513,600
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 42 Branch St, Lowell MA 01851
Neighborhood(s)
Area AmenitiesWalk/jog Trails
Contact Information for 42 Branch St, Lowell MA 01851