Cathy Stewart - KELLER WILLIAMS REALTY / Merrimack Valley | 978-270-2280 | cathystewart@kw.com
 
Cathy Stewart
Cathy Stewart
KELLER WILLIAMS REALTY / Merrimack Valley

298 High St, Lowell, MA 01852

South Lowell

Multi-Family

$449,900
Price
$445,000
Sale Price

3
Units
4,154
Approx. GLA
This 3 family is enormous featuring two townhouse style units with potential to expand with two additional rooms. There is a 1 bedroom unit which is electric based heat the rest of the property is FHA by gas. New roof less than 2 years old, off-street parking and green space in the back yard. Current rent is slightly below market value pulling in $3,400.00 monthly. This is a turnkey investment, nothing to do but collect the rent. Property has been renovated throughout, newer plumbing and electrical for all units. There is a laundry room with coin-operated machines for all 3 units. Do not miss out on this investment opportunity.
Highlights
Sale Price: $445,000
Settled Date: 9/8/2017 12:00:00 AM
Area/Village: South Lowell
Basement Features: Full
List Price: $449,900
Type: Multi-Family
Multi-Family Type: 3 Family
Status: Sold
Beds: 8
Baths: 4
Units: 3
Year Built: 1920
Year Round: Yes
Approx. GLA: 4,154
MLS#: 72200975
Interior
Basement: Yes
Cooling Units: 1
Cooling Zones: 1
Electric Features: 110 Volts, Individually Metered
Heating Units: 3
Heating Zones: 3
Flooring: Varies Per Unit
Energy: Insulated Windows, Insulated Doors
Fireplaces: 2
Hot Water: Natural Gas
Rooms: 12
Lead Paint: Unknown
Total Floors: 3
UFFI: Unknown
Exterior
Water: No
Acres: 0.13
Lot Size: 5,610.00
Lot Description: Paved Drive, Shared Drive
Foundation: Fieldstone
Foundation Size: irreg
Parking Spaces: 3
Parking Features: Off-Street, Paved Driveway
Road Type: Public, Paved, Publicly Maint., Sidewalk
Color: white
Construction: Frame
Roof Material: Asphalt/Composition Shingles
Utility: for Gas Range, for Electric Range, Washer Hookup, Varies per Unit
Exterior: Vinyl
Exterior Features: Porch
Water: City/Town Water
Water: City/Town Water
Sewage District: lowel
Taxes
Short Sale Lender Approval: No
Lender Owned: No
APOD Available: Yes
Assessed Price: $326,000
Taxes: $4,864
Tax Year: 2017
Book/Page: 22252/90
Warranty Available: No
Beach
Beach: No
Expenses
Expenses Source: Tax Return
Gross Income: $40,800
Total Rent: $3,400
Net Income: $40,800
 
 
Additional
Amenities: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Laundromat, Highway Access, House of Worship, Public School, T-Station, University
Disclosure Declaration: Yes
Units
Total Rooms Bedrooms Fireplaces Floors Full Baths Half Baths Lease Levels Rent
Unit 1 6 3 1 1 1 0 No 3 $1,400
Unit 2 5 3 1 1 1 0 No 3 $1,300
Unit 3 3 1 0 2 1 0 1 $700
Units Extras
Unit 1
Heating:  Forced Air, Gas 
Unit 2
Heating:  Electric 
Unit 3
Heating:  Forced Air, Gas 
Common
Cooling:  Central Air, Window AC  Applicances:  Range, Refrigerator  Heating:  Forced Air, Electric Baseboard, Gas  Interior:  Security System, Walk-Up Attic, Cable TV Available  Rooms:  Laundry 
Map
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The listing office is Keller Williams Realty-Merrimack and the listing agent is Kelly Espinola. The property listing data and information, or the images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and it's subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the images, set forth herein. The data was last modified on 7/16/2018 10:05:00 AM.