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Key Details
Sold Price $850,000
Property Type Multi-Family
Sub Type 4 Family - 4 Units Up/Down
Listing Status Sold
Purchase Type For Sale
Square Footage 3,557 sqft
Price per Sqft $238
MLS Listing ID 73263545
Sold Date 09/06/24
Bedrooms 7
Full Baths 4
Year Built 1900
Annual Tax Amount $6,852
Tax Year 2024
Lot Size 4,791 Sqft
Acres 0.11
Property Description
Great opportunity for the buyer of this fully tenanted four-family in the Highlands. All four units currently occupied, two on leases and two are TAW, with a total monthly rent roll of $6990.00. All units are separately metered and tenants are responsible for payment of own electric, heat, hot water and cooking. Unit electric panels and hot water tanks are in the basement. Each unit has its own heating system(s). This is a well maintained property by an active owner, therefore no deferred maintenance. Three units are lead compliant w/certificates of deleading in hand. Location is on public transit and within a short distance of all area amenities. This is a solid property with a strong rental history and rents. Two long-term tenants of approx. 10 years.
Location
State MA
County Middlesex
Area Highlands
Zoning TMF
Direction Chelmsford Street to Powell Street. Property is on the left just before the Smith Street fork.
Rooms
Basement Unfinished
Interior
Flooring Varies
Basement Type Unfinished
Exterior
Community Features Public Transportation, Shopping, Medical Facility, Laundromat, Highway Access, House of Worship, Private School, Public School, T-Station, University
Utilities Available Varies per Unit
Roof Type Shingle,Rubber
Total Parking Spaces 4
Garage No
Building
Lot Description Level
Story 6
Foundation Other
Sewer Public Sewer
Water Public
Schools
Elementary Schools Lowell Public
Middle Schools Lowell Public
High Schools Lowell Public
Others
Senior Community false
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Bought with Hung Tran • Town Hall Realty, Inc.
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Kathleen Bourque
Sales Associate | License ID: 137803
Sales Associate License ID: 137803