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Closed

126-128 Fremont Street, Lowell MA 01850

$550,000

Estimated $1,349.90/month Calculator

Multi Family

Total Units: 2

Price Per Unit: $275,000

Total Rent: 28800/year

Estimated CAP Rate: 4.24%

4 Bedrooms

2 Full Baths

2,082 SqFt

Total Parking: 6

5,736 SqFt

Rare side-by-side two-family home in the Christian Hill Neighborhood!. GREAT opportunity for an investor or owner occupant. Each unit has a large eat-in kitchen, living room, den/home office, two bedrooms and a full bath. Both units have access to the walk-up attic....great for storage or expansion possibilities. Both units have access to the basement for storage, laundry hookups and separate driveways and separate utilities. A large deck runs along the rear of the house overlooking the fenced-in backyard with city views, perfect for summer fun! Minutes from downtown Lowell, a short distance from UMass Lowell, close to public transportation, shopping, highway access, and the commuter rail to the Boston. Open house canceled on June 4th!

This home has been viewed 20 times

Last Checked: May 7th, 2024 at 9:16am (Source: MLS PIN #73116745)

Gross Income: $28,800

Gross Expenses: $5,497

Net Income Calc: $23,303

CAP Rate: 4.24%

Annual Expenses for 126-128 Fremont Street, Lowell MA 01850

Total Gross Expenses (Calculated)$5,497/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax$5,497

Annual Income & Unit Breakdown for 126-128 Fremont Street, Lowell MA 01850

Total Gross Income (Calculated)$28,800

Unit 1

Rental Income$1,050

LeaseN

Bedrooms2

Bathrooms1 Full

Floor1

Levels in Unit2

HeatingYes

Rent Includes

Unit 2

Rental Income$1,350

LeaseN

Bedrooms2

Bathrooms1 Full

Floor1

Levels in Unit2

HeatingYes

Rent Includes

General Information for 126-128 Fremont Street, Lowell MA 01850

Listing ID73116745

Property TypeMulti Family / 2 Family

Price$550,000 ($264.17/SqFt)

Style2 Family - 2 Units Side By Side

CityLowell

CountyMiddlesex

MLS Area

Neighborhood(s)

Approximate Living Area Total2,082 SqFt

Approximate Lot Size (Acres)0.13 acres

Total Parking6

Garage Parking

Year Built1930

Year Built SourcePublic Records

Year Renovated

Year Built DetailsApproximate

Water

Sewer

Electric

Hot Water

Roof Material

Basement

Construction MaterialsFrame

Lot Features

Foundation Area

Foundation DescriptionStone

Accessible Features

Outdoor Space

ZoningRES

Zoning Details

Water ViewsNo

Water Views Features

WaterfrontNo

Waterfront Features

Energy Features

Terms

Disclosures for 126-128 Fremont Street, Lowell MA 01850

Lead Paint

UFFI

Living Area Includes BasementNo

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$28,800

Total Net Income By Broker$28,800

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 126-128 Fremont Street, Lowell MA 01850

Real Estate Taxes$5,497

Tax Year2023

Assessed Value$442,600

Financial Data Source

Total Gross Expenses By Broker$0

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker$28,800

BostonRealEstate.com Gross Income

Total Net Income By Broker$28,800

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

CAP Rate (BostonRealEstate.com)4.24%

Location Information for 126-128 Fremont Street, Lowell MA 01850

Elementary SchoolLowell

Middle SchoolLowell

High SchoolLowell

Neighborhood(s)

MLS Area

Area AmenitiesPublic School, Shopping, Park, Private School, University

Contact Information for 126-128 Fremont Street, Lowell MA 01850

Agent

Name: St. Martin Team

Office

Name: Barrett Sotheby's International Realty

Phone: 978-692-6141

Team Members

Name: Colleen Murphy

Phone: 508-344-6665

Payment Calculator

, Interest

Property Taxes 458.08

Principal & Interest 3388.93

HOA Dues $0

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Barrett Sotheby's International Realty

St. Martin Team

Agent Phone

Office Phone

(978) 692-6141

Text Agent Call Agent Call Office

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)

)

EXIT