Incredible house hacking or investor opportunity. This home boasts a rare spacious & private back yard with a detached garage, ample parking (8 off street), and easy access to the Lowell MBTA Commuter Station (~2mi). Current rent roll is $3,400 / mo. Unit 1 highlights include 3 bedrooms, an updated bath (2011), washer & dryer hookups, and plenty of storage. Unit 2 features a newly renovated bathroom (2021), galley kitchen, a large bedroom, family room, and excellent use of storage space. All windows were replaced in 2014, roof redone in 2021, and electrical updated to 200 amp in 2013. Property may be eligible for a $17,500 home buyer grant. See list agent for details. Open House Sat 11/4 2:00-3:30pm, 11/5 11:00-12:30pm. Offers due Tuesday 11/7 at Noon.
This home has been viewed 32 times
Last Checked: May 8th, 2024 at 1:31am (Source: MLS PIN #73176556)
Gross Income: $40,800
Gross Expenses: $5,177
Net Income Calc: $35,623
Water Views
Annual Expenses for 15 Wellworth St, Lowell MA 01854
Total Gross Expenses (Calculated)$5,177/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax5177
Annual Income & Unit Breakdown for 15 Wellworth St, Lowell MA 01854
Total Gross Income (Calculated)$40,800
Unit 1
Rental Income$0
LeaseN
Bedrooms3
Bathrooms1 Full
Floor1
Levels in Unit2
Rent IncludesHeat
Unit 2
Rental Income$0
LeaseN
Bedrooms1
Bathrooms1 Full
Floor2
Levels in Unit1
Rent IncludesHeat
General Information for 15 Wellworth St, Lowell MA 01854
Listing ID73176556
Property TypeMulti Family
Price524900 ($279.35/SqFt)
StyleMulti Family
CityLowell
CountyMiddlesex
MLS AreaPawtucketville
Neighborhood(s)
Approximate Living Area Total1879
Approximate Lot Size (Acres)0.24
Total Parking9 (1 Garage)
Garage Parking1
Year Built1940
Year Built SourcePublic Records
Year Built DetailsApproximate
WaterPublic
SewerPublic Sewer
Electric220 Volts
Hot Water
Roof MaterialAsphalt/fiberglass Shingles
BasementFull
Construction Materials
Lot FeaturesGentle Sloping
Foundation Description
Accessible Features
Outdoor Space
ZoningTSF
Water ViewsNo
Water Views Features
Waterfront Features
Terms
Disclosures for 15 Wellworth St, Lowell MA 01854
Lead Paint
UFFI
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourcePublic Records
ExclusionsStacked Washer And Dryer In Unit 2 Belong To Tenants.
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 Compensation2.5%
Facilitator Compensation1%
Compensation Based OnNet Sale Price
Financial Information for 15 Wellworth St, Lowell MA 01854
Real Estate Taxes5177
Tax Year2023
Assessed Value$416,800
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 15 Wellworth St, Lowell MA 01854
Neighborhood(s)
MLS AreaPawtucketville
Area AmenitiesWalk/jog Trails
Contact Information for 15 Wellworth St, Lowell MA 01854