The Rogers/ Melo Team - LAER Realty Partners | Formerly Known as Re/Max Prestige

145-147 Adams St, Lowell, MA 01854

Multi-Family

$350,000
Price
$350,000
Sale Price

2
Units
2,419
Approx. GLA
Great opportunity for an owner occupant or investor in this multi-family home built in 1986! This home has had the exterior repainted 4 years ago, new windows with warranty throughout, has off-street parking, basement space for future expansion and so much more! The 3 bedroom unit is currently vacant and had the water heater replaced 4 years ago. The 2 bedroom unit has tenants that are TAW. Great location for commuters close to the connector, rt 3, 495 and the commuter rail. You won't want to miss this one!
Highlights
Terms: Other (See Remarks)
Sale Price: $350,000
Settled Date: 3/11/2019 12:00:00 AM
Basement Features: Full, Concrete Floor
List Price: $350,000
Type: Multi-Family
Multi-Family Type: 2 Family - 2 Units Side by Side
Status: Sold
Beds: 5
Baths: 2
Half Baths: 1
Units: 2
Year Built: 1986
Year Round: Yes
Approx. GLA: 2,419
MLS#: 72447286
 
 
Interior
Basement: Yes
Electric Features: Circuit Breakers
Heating Units: 2
Heating Zones: 2
Flooring: Vinyl, Wall to Wall Carpet, Laminate, Parquet
Energy: Insulated Windows
Rooms: 12
Lead Paint: None
Total Floors: 2
UFFI: Unknown
Exterior
Water: No
Acres: 0.10
Lot Size: 4,518.00
Lot Description: Paved Drive
Foundation: Poured Concrete
Foundation Size: irr
Parking Spaces: 4
Parking Features: Off-Street, Paved Driveway
Road Type: Public, Paved, Publicly Maint.
Color: blue
Construction: Frame
Roof Material: Asphalt/Fiberglass Shingles
Utility: for Gas Range
Exterior: Wood
Exterior Features: Storage Shed
Water: City/Town Water
Water: City/Town Water
Taxes
Short Sale Lender Approval: No
Lender Owned: No
APOD Available: No
Assessed Price: $261,300
Taxes: $3,760
Tax Year: 2018
Book/Page: 22801/282
Warranty Available: No
School
Grade School: Murkland/Choice
Middle School: Stoklosa/Choice
High School: LHS
Beach
Beach: No
Expenses
Expenses Source: Owner Provided
Gross Income: $11,880
Gross Expenses: $1,800
Total Rent: $990
Net Income: $11,880
Water Cost: $1,800
Additional
Amenities: Public Transportation, Shopping, Swimming Pool, Park, Medical Facility, Highway Access
Disclosure Declaration: No
Disclosure: Sale subject to securing a property for a 1031 tax exchange. Water/sewer/trash is paid by owner. Typically $450/quarter.
Units
Total Rooms Bedrooms Fireplaces Floors Full Baths Half Baths Lease Levels Rent
Unit 1 5 3 0 1 1 1 No 3
Unit 2 4 2 0 1 1 0 No 3 $990
Units Extras
Unit 1
Rent Includes:  Water  Applicances:  Range, Dishwasher, Refrigerator, Washer, Dryer  Heating:  Hot Water Baseboard  Interior:  Cable TV Available  Rooms:  Living Room, Kitchen 
Unit 2
Rent Includes:  Water  Applicances:  Range, Refrigerator, Washer, Dryer  Heating:  Hot Water Baseboard  Interior:  Cable TV Available  Rooms:  Living Room, Kitchen 
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The listing office is LAER Realty Partners and the listing agent is The Keegan Group. 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 12/18/2018 2:44:00 PM.
 
The Rogers/ Melo Team
The Rogers/ Melo Team
LAER Realty Partners