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Closed

158 Lowell Street, Methuen MA 01844

$660,000

Estimated $1,583.27/month Calculator

Multi Family

Total Units: 2

Price Per Unit: $330,000

Total Rent: 20400/year

Estimated CAP Rate: 2.16%

4 Bedrooms

2 Full, 1 Half Baths

4,292 SqFt

Total Parking: 8

6,551 SqFt

This home has been lovingly cared for over 20 years, and it shows! This home is split into 2 townhouse style units, that must be seen to appreciate. Located in a commuter friendly location and centrally located near all area amenities. The owner's unit features 3 bedrooms, original parkay floors, great size living room, dinning room, family room and plenty of additional space to spread out in the finished basement. The tenant's unit has a good size kitchen, and a vaulted ceiling living and bedroom. Paved driveway with plenty of parking for about 8 cars, water filtration system, washer and dryer and so much more to see at the OPEN HOUSE SUNDAY MAY 7th from 1-3!!

This home has been viewed 22 times

Last Checked: May 7th, 2024 at 9:01am (Source: MLS PIN #73105868)

Gross Income: $20,400

Gross Expenses: $6,157

Net Income Calc: $14,243

CAP Rate: 2.16%

Annual Expenses for 158 Lowell Street, Methuen MA 01844

Total Gross Expenses (Calculated)$6,157/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax$6,157

Annual Income & Unit Breakdown for 158 Lowell Street, Methuen MA 01844

Total Gross Income (Calculated)$20,400

Unit 1

Rental Income$0

LeaseN

Bedrooms3

Bathrooms2 Full, 1 Half

Floor1

Levels in Unit2

HeatingYes

Rent IncludesElectric, Water, Hot Water), Unit 2(heat

Unit 2

Rental Income$1,700

LeaseN

Bedrooms1

Bathrooms1 Full

Floor2

Levels in Unit2

HeatingYes

Rent IncludesElectric, Water, Hot Water), Unit 2(heat

General Information for 158 Lowell Street, Methuen MA 01844

Listing ID73105868

Property TypeMulti Family / 2 Family

Price$660,000 ($153.77/SqFt)

Style2 Family - 2 Units Up/down

CityMethuen

CountyEssex

MLS Area

Neighborhood(s)

Approximate Living Area Total4,292 SqFt

Approximate Lot Size (Acres)0.15 acres

Total Parking8

Garage Parking

Year Built1915

Year Built SourcePublic Records

Year Renovated

Year Built DetailsActual

Water

Sewer

Electric

Hot Water

Roof Material

Basement

Construction Materials

Lot Features

Foundation Area0

Foundation DescriptionOther

Accessible Features

Outdoor Space

ZoningRG

Zoning Details

Water Views

Water Views Features

WaterfrontNo

Waterfront Features

Energy Features

Terms

Disclosures for 158 Lowell Street, Methuen MA 01844

Lead Paint

UFFI

Living Area Includes BasementYes

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$20,400

Total Net Income By Broker$20,400

For Sale By OwnerNo

Short Sale / Forclosure (Bank Owned)

Buyer Agent Compensation2

Facilitator Compensation2

Sub-Agent Compensation

Compensation Based OnNet Sale Price

Financial Information for 158 Lowell Street, Methuen MA 01844

Real Estate Taxes$6,157

Tax Year2023

Assessed Value$526,200

Financial Data Source

Total Gross Expenses By Broker$0

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker$20,400

BostonRealEstate.com Gross Income

Total Net Income By Broker$20,400

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

CAP Rate (BostonRealEstate.com)2.16%

Location Information for 158 Lowell Street, Methuen MA 01844

Elementary School

Middle School

High School

Neighborhood(s)

MLS Area

Area Amenities

Contact Information for 158 Lowell Street, Methuen MA 01844

Agent

Name: Johan Lopez

Office

Name: Home Shop Properties, Inc.

Phone: 978-655-3016

Payment Calculator

, Interest

Property Taxes 513.08

Principal & Interest 4066.71

HOA Dues $0

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Home Shop Properties, Inc.

Johan Lopez

Agent Phone

Office Phone

(978) 655-3016

Text Agent Call Agent Call Office

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EXIT