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308 University Ave, Lowell MA 01854

$619,800

Estimated $1,520/month Calculator

Multi Family

Total Units: 3

Price Per Unit: $206,600

Total Rent: 48600/year

Estimated CAP Rate:

6 Bedrooms

Baths

2568

Total Parking: 6 (2 Garage)

3,929 (0.09)

Spacious three family in Pawtuckville, only blocks away from UMASS Lowell. One 3 bedroom, one 2 bedroom, and one 1 bedroom apartments, with potential to expand in to the large walk up attic. Hardwood floors throughout, granite front steps, basement laundry, 2 car garage and off street parking make this property very attractive. Efficient gas heating systems. Electric and gas are all separately metered. Two units had full deleading compliance letters in 2017. All units are occupied, and some pictures were taken before tenants moved in.

This home has been viewed 60 times

Last Checked: May 7th, 2024 at 8:36am (Source: MLS PIN #73073264)

Gross Income: $48,600

Gross Expenses: $6,174

Net Income Calc: $42,426

Water Views

Annual Expenses for 308 University Ave, Lowell MA 01854

Total Gross Expenses (Calculated)$6,174/year

APOD AvailableYes

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax6174

Annual Income & Unit Breakdown for 308 University Ave, Lowell MA 01854

Total Gross Income (Calculated)$48,600

Unit 1

Rental Income$0

LeaseN

Bedrooms3

Bathrooms1 Full

Floor1

Levels in Unit1

Rent Includes

Unit 2

Rental Income$0

LeaseN

Bedrooms2

Bathrooms1 Full

Floor2

Levels in Unit1

Rent Includes

Unit 3

Rental Income$0

LeaseY

Bedrooms1

Bathrooms1 Full

Floor2

Levels in Unit1

Rent Includes

General Information for 308 University Ave, Lowell MA 01854

Listing ID73073264

Property TypeMulti Family / 3 Family

Price619800 ($241.36/SqFt)

Style3 Family

CityLowell

CountyMiddlesex

MLS AreaPawtucketville

Neighborhood(s)

Approximate Living Area Total2568

Approximate Lot Size (Acres)0.09

Total Parking6 (2 Garage)

Garage Parking2

Year Built1914

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 ViewsNo

Water Views Features

Waterfront Features

Terms

Disclosures for 308 University Ave, Lowell MA 01854

Lead Paint

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

Exclusions.

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 OnNet Sale Price

Financial Information for 308 University Ave, Lowell MA 01854

Real Estate Taxes6174

Tax Year2022

Assessed Value$486,500

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 308 University Ave, Lowell MA 01854

Neighborhood(s)

MLS AreaPawtucketville

Area Amenities

Contact Information for 308 University Ave, Lowell MA 01854

Agent

Name: Zhenrong Jin

Office

Name: Cypress Realty, LLC

Phone: 339-970-9858

Payment Calculator

, Interest

Property Taxes 514.5

Principal & Interest 3819.01

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Cypress Realty, LLC

Zhenrong Jin

Agent Phone

Office Phone

(339) 970-9858

Text Agent Call Agent Call Office

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EXIT

8 More Photos

Expired

308 University Ave, Lowell MA 01854

$619,800

Annual Expenses for 308 University Ave, Lowell MA 01854

Annual Income & Unit Breakdown for 308 University Ave, Lowell MA 01854

General Information for 308 University Ave, Lowell MA 01854

Disclosures for 308 University Ave, Lowell MA 01854

Financial Information for 308 University Ave, Lowell MA 01854

Location Information for 308 University Ave, Lowell MA 01854

Contact Information for 308 University Ave, Lowell MA 01854

Agent

Office

Payment Calculator

Exclusive Listing Agent

Cypress Realty, LLC

Zhenrong Jin