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Key Details
Sold Price $900,000
Property Type Multi-Family
Sub Type 3 Family
Listing Status Sold
Purchase Type For Sale
Square Footage 4,536 sqft
Price per Sqft $198
MLS Listing ID 73286157
Sold Date 10/31/24
Bedrooms 12
Full Baths 3
Year Built 1900
Annual Tax Amount $8,509
Tax Year 2024
Lot Size 4,791 Sqft
Acres 0.11
Property Description
Great opportunity for the buyer of this fully tenanted triple-decker in the Highlands. All three units currently occupied, all voucher recipients, with a total monthly rent roll of $7530.00. All units are separately metered and tenants are responsible for payment of own electric, heat, hot water and cooking. Unit electric panels are in each apartment and hot water tanks are in the basement. Each unit has its own heating system, one in the basement, one in-unit and one in the back hall. This is a well maintained property by an active owner, therefore no deferred maintenance. All three units are lead compliant, with certificates in hand. Location is on public transit and within a short distance of all area amenities. Both the bus depot and train station are a short distance away, and the Lowell Connector, RT-3, I-495 and RT-38 are all within a quick drive. This is a solid property with a strong rental history and rents.
Location
State MA
County Middlesex
Area Highlands
Zoning TMU
Direction Pine Street or Chelmsford Street to Liberty Street. Property is across from the 99 Store.
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 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 Sereyvoathana Ouk • Lamacchia Realty, Inc.
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Kathleen Bourque
Sales Associate | License ID: 137803
Sales Associate License ID: 137803