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

122 Mount Vernon Street, Lowell, MA 01854

Multi-Family

$359,900
Price
$390,000
Sale Price

2
Units
2,240
Approx. GLA
Fantastic Young Duplex located close to the University of Massachusetts Lowell . Currently both sides are rented , front unit pays $1198 a month, rear unit pays $1085. Both are tenants at will and both pay their own heat and electric bills. Front unit offers spacious eat in kitchen, half bath on the first floor , wood floors in the living room , nice update laminate on the second floor with 2 bedrooms and a full bath. , Rear unit is the same floor plan , offers new stove, ceramic tiled kitchen , 6 yr young boiler. Both units have updated hw heaters . Plenty of off street parking. Young roof. Truly a nice property that offers a much higher rent potential. Showings offered this weekend April 21 Sat 1-3pm and Sunday April 22 12-2pm . Stop by and check out this fantastic opportunity .
Highlights
Sale Price: $390,000
Settled Date: 6/29/2018 12:00:00 AM
Basement Features: Full
List Price: $359,900
Type: Multi-Family
Multi-Family Type: 2 Family - 2 Units Side by Side
Status: Sold
Beds: 4
Baths: 2
Half Baths: 2
Units: 2
Year Built: 1984
Year Round: Yes
Approx. GLA: 2,240
MLS#: 72311906
Interior
Basement: Yes
Electric Features: Circuit Breakers
Heating Units: 2
Heating Zones: 2
Flooring: Wood, Tile, Wall to Wall Carpet, Laminate
Hot Water: Natural Gas
Rooms: 8
Lead Paint: None
Total Floors: 3
UFFI: No
Exterior
Water: No
Acres: 0.13
Lot Size: 5,861.00
Lot Description: Paved Drive
Foundation: Concrete Block
Parking Spaces: 4
Parking Features: Off-Street
Road Type: Public
Construction: Frame
Roof Material: Asphalt/Fiberglass Shingles
Utility: for Gas Range
Water: City/Town Water
Water: City/Town Water
Taxes
Short Sale Lender Approval: No
Lender Owned: No
APOD Available: No
Assessed Price: $262,900
Taxes: $3,783
Tax Year: 2018
Book/Page: 15473/198
Warranty Available: No
Beach
Beach: No
Expenses
Gross Income: $27,396
Total Rent: $2,283
Net Income: $27,396
Additional
Amenities: Public Transportation, Shopping, Park, Medical Facility, House of Worship, Public School, T-Station, University
Disclosure Declaration: No
Units
Total Rooms Bedrooms Fireplaces Floors Full Baths Half Baths Lease Levels Rent
Unit 1 4 2 0 1 1 1 No 2 $1,198
Unit 2 4 2 0 1 1 1 No 2 $1,085
Units Extras
Unit 1
Rent Includes:  Water  Applicances:  Range, Dishwasher, Refrigerator  Heating:  Hot Water Baseboard, Gas  Interior:  Hardwood Floors, Stone/Ceramic Tile Floor, Storage, Tile Floor  Rooms:  Living Room, Kitchen 
Unit 2
Rent Includes:  Water  Applicances:  Range, Dishwasher, Refrigerator  Heating:  Hot Water Baseboard, Gas  Interior:  Hardwood Floors, Stone/Ceramic Tile Floor, Storage, Tile Floor  Rooms:  Living Room, Kitchen 
Map
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The listing office is LAER Realty Partners and the listing agent is The Rogers / Melo Team. 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 9/25/2018 4:05:00 PM.
 
The Rogers/ Melo Team
The Rogers/ Melo Team
LAER Realty Partners