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Canceled

210 School Street, Lowell MA 01854

$609,900

Estimated $1,434.09/month Calculator

Multi Family

Total Units: 3

Price Per Unit: $203,300

Total Rent: 52800/year

Estimated CAP Rate: 7.78%

7 Bedrooms

3 Full Baths

2,641 SqFt

Total Parking: 4

3,548 SqFt

Opportunity Knock on this great 3 family home located in the Acre area could be your potential real estate investment dreams. The property is conveniently located not to far from UMass Lowell - South Campus, Lowell High School, Stoklosa Middle School, Murkland Elementary School, Bartlett Community Partnership School, Market Basket, Walgreen, etc. All units are individually metered for gas and electric. Each tenants currently paid for monthly Solar electric as follows: Unit1: $100, Unit2: $100, Unit3: $70 and own gas. Buyer to assume Sunrun Solar Agreement from Seller has 25 years with SunRun Solar company with a monthly lease of $195.01.The property will not be delivered vacant. Buyer to assume all Tenancy At Will tenants.

This home has been viewed 107 times

Last Checked: January 1st, 2025 at 5:19am (Source: MLS PIN #73294371)

Gross Income: $52,800

Gross Expenses: $5,341

Net Income Calc: $47,459

CAP Rate: 7.78%

Annual Expenses for 210 School Street, Lowell MA 01854

Total Gross Expenses (Calculated)$5,341/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax$5,341.64

Annual Income & Unit Breakdown for 210 School Street, Lowell MA 01854

Total Gross Income (Calculated)$52,800

Unit 1

Rental Income$1,500

LeaseN

Bedrooms3

Bathrooms1 Full

Floor1

Levels in Unit1

HeatingNo

Rent Includes

Unit 2

Rental Income$1,900

LeaseN

Bedrooms3

Bathrooms1 Full

Floor2

Levels in Unit1

HeatingNo

Rent Includes

Unit 3

Rental Income$1,000

LeaseN

Bedrooms1

Bathrooms1 Full

Floor3

Levels in Unit1

HeatingNo

Rent Includes

General Information for 210 School Street, Lowell MA 01854

Listing ID73294371

Property TypeMulti Family / 3 Family

Price$609,900 ($230.94/SqFt)

Style3 Family

CityLowell

CountyMiddlesex

MLS Area

Neighborhood(s)

Approximate Living Area Total2,641 SqFt

Approximate Lot Size (Acres)0.08 acres

Total Parking4

Garage Parking

Year Built1900

Year Built SourcePublic Records

Year Renovated

Year Built DetailsActual

Water

Sewer

Electric

Hot Water

Roof Material

Basement

Construction MaterialsFrame

Lot Features

Foundation Area

Foundation DescriptionStone,Irregular

Accessible Features

Outdoor Space

ZoningTMF

Zoning Details

Water Views

Water Views Features

WaterfrontNo

Waterfront Features

Energy Features

Terms

Disclosures for 210 School Street, Lowell MA 01854

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$52,800

Total Net Income By Broker$52,800

For Sale By OwnerNo

Short Sale / Forclosure (Bank Owned)

Buyer Agent Compensation

Facilitator Compensation

Sub-Agent Compensation

Compensation Based On

Financial Information for 210 School Street, Lowell MA 01854

Real Estate Taxes$5,341.64

Tax Year2024

Assessed Value$448,500

Financial Data Source

Total Gross Expenses By Broker$0

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker$52,800

BostonRealEstate.com Gross Income

Total Net Income By Broker$52,800

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

CAP Rate (BostonRealEstate.com)7.78%

Location Information for 210 School Street, Lowell MA 01854

Elementary School

Middle School

High School

Neighborhood(s)

MLS Area

Area Amenities

Contact Information for 210 School Street, Lowell MA 01854

Agent

Name: Borath L. Men

Office

Name: Homeplace Realty, Inc.

Phone: 978-454-7700

Team Members

Payment Calculator

, Interest

Property Taxes 445.14

Principal & Interest 3758.01

HOA Dues $0

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Homeplace Realty, Inc.

Borath L. Men

Agent Phone

Office Phone

(978) 454-7700

Text Agent Call Agent Call Office

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EXIT

Canceled

210 School Street, Lowell MA 01854

$609,900

Annual Expenses for 210 School Street, Lowell MA 01854

Annual Income & Unit Breakdown for 210 School Street, Lowell MA 01854

General Information for 210 School Street, Lowell MA 01854

Disclosures for 210 School Street, Lowell MA 01854

Financial Information for 210 School Street, Lowell MA 01854

Location Information for 210 School Street, Lowell MA 01854

Contact Information for 210 School Street, Lowell MA 01854

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Homeplace Realty, Inc.

Borath L. Men