Highlands 3-family, close to all conveniences including highway. First and Second Floor units 3 bedrooms, one bath. Third floor, which will be delivered vacant at Closing is 2 bedrooms, 1 bath. Each unit has separate heat & electricity. City of Lowell inspected & ap...
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Last Checked: April 5th, 2025 at 4:19am (Source: MLS PIN #73346821)
Gross Income: $53,220
Gross Expenses: $14,314
Net Income Calc: $38,906
CAP Rate: 5.19%
Annual Expenses for 15 Middlesex Park, Lowell MA 01851
Total Gross Expenses (Calculated)$14,314/year
APOD AvailableYes
Heating
Electricity
Water$1,956
Gas$1,956
Insurance$5,150
Sewer$1,956
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax$7,208
Annual Income & Unit Breakdown for 15 Middlesex Park, Lowell MA 01851
Total Gross Income (Calculated)$53,220
Unit 1
Rental Income$1,350
LeaseY
Bedrooms3
Bathrooms3 Full
Floor1
Levels in Unit1
HeatingYes
Rent IncludesHot Water), Unit 1(water, Unit 2(water, Unit 3(water
Unit 2
Rental Income$1,735
LeaseY
Bedrooms3
Bathrooms3 Full
Floor2
Levels in Unit1
HeatingYes
Rent IncludesHot Water), Unit 1(water, Unit 2(water, Unit 3(water
Unit 3
Rental Income$1,350
Lease
Bedrooms2
Bathrooms2 Full
Floor3
Levels in Unit1
HeatingYes
Rent IncludesHot Water), Unit 1(water, Unit 2(water, Unit 3(water
General Information for 15 Middlesex Park, Lowell MA 01851
Listing ID73346821
Property TypeMulti Family / 3 Family
Price$749,000 ($226.76/SqFt)
Style3 Family - 3 Units Up/down
CityLowell
CountyMiddlesex
MLS AreaHighlands
Neighborhood(s)
Approximate Living Area Total3,303 SqFt
Approximate Lot Size (Acres)0.08 acres
Total Parking3
Garage Parking
Year Built1900
Year Built SourcePublic Records
Year Renovated
Year Built DetailsActual
Water
Sewer
Electric
Hot Water
Roof Material
Basement
Construction MaterialsFrame
Lot FeaturesLevel
Foundation Area1104
Foundation DescriptionStone
Accessible Features
Outdoor SpacePorch
ZoningTTF
Zoning Details
Water ViewsNo
Water Views Features
WaterfrontNo
Waterfront Features
Energy FeaturesPicture Window
Terms
Disclosures for 15 Middlesex Park, Lowell MA 01851
Lead Paint
UFFI
Living Area Includes BasementYes
Living Area Disclosure
Building Area SourcePublic Records
Title 5
Exclusions
Disclosures
Financial Data SourceOwner
Total Gross Expenses By Broker$29,245
Total Gross Income By Broker$53,220
Total Net Income By Broker$53,220
For Sale By OwnerNo
Short Sale / Forclosure (Bank Owned)
Buyer Agent Compensation
Facilitator Compensation
Sub-Agent Compensation
Compensation Based On
Financial Information for 15 Middlesex Park, Lowell MA 01851
Real Estate Taxes$7,208
Tax Year2024
Assessed Value$605,200
Financial Data SourceOwner
Total Gross Expenses By Broker$29,245
BostonRealEstate.com Gross Expenses
Total Gross Income By Broker$53,220
BostonRealEstate.com Gross Income
Total Net Income By Broker$53,220
BostonRealEstate.com Gross NOI
CAP Rate (based on Broker info)
CAP Rate (BostonRealEstate.com)5.19%
Location Information for 15 Middlesex Park, Lowell MA 01851
Elementary School
Middle School
High SchoolLowell High
Neighborhood(s)
MLS AreaHighlands
Area AmenitiesHighway Access, Public School, Shopping, Park, Medical Facility, Laundromat, Public Transportation, Tennis Court(s), University
Contact Information for 15 Middlesex Park, Lowell MA 01851