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

12 New St, Lowell, MA 01852

Multi-Family

$395,000
Price

2
Units
2,294
Approx. GLA
Great deal like "buy one get one free" --This transaction comes with two pieces of real estate: 12 New St is 2-family property, 90 Crosby St is a piece of land and is used for off-street parking. The 2nd unit of 12 New St property with 6-bedroom has lead-paint compliance certificate. For owner-occupied buyer, you can convert half of 90 Crosby to green fenced backyard with the half land for ample parking space, rent out one unit to pay for your mortgage; For investors, with current hot rental market in Lowell, with so much off-street parking spaces, it should be very easier to get quality long term tenants. Even better, seller will convert the current electrical heating to gas heating, that means you will get two brand NEW furnaces with hot water baseboard.
Open House
No scheduled Open Houses
Highlights
Basement Features: Partial
List Price: $395,000
Type: Multi-Family
Multi-Family Type: 2 Family - 2 Units Up/Down
Status: Active
Beds: 8
Baths: 2
Units: 2
Year Built: 1900
Year Round: Yes
Approx. GLA: 2,294
MLS#: 72392719
Interior
Basement: Yes
Electric Features: 110 Volts
Heating Units: 2
Heating Zones: 2
Hot Water: Electric
Rooms: 12
Lead Paint: Unknown
Exterior
Water: No
Lot Size: 0.18
Lot Description: Fenced/Enclosed, Level
Foundation: Fieldstone
Foundation Size: Normal
Parking Spaces: 12
Parking Features: Off-Street, Other (See Remarks)
Road Type: Public, Paved, Publicly Maint.
Color: Light blue
Construction: Frame
Roof Material: Asphalt/Fiberglass Shingles
Exterior: Vinyl
Exterior Features: Deck, Storage Shed
Water: City/Town Water
Water: City/Town Water
Taxes
Short Sale Lender Approval: No
Lender Owned: No
APOD Available: No
Assessed Price: $200,300
Taxes: $2,882
Tax Year: 2018
Book/Page: 25955/72
Beach
Beach: No
Expenses
Gross Income: $19,800
Net Income: $19,800
 
Additional
Amenities: Public Transportation, Medical Facility, Laundromat, Highway Access, Public School, University
Disclosure Declaration: No
Disclosure: 90 Crosby St is land, assess value is $44,800 with property tax $644.67 annually.
Units
Total Rooms Bedrooms Fireplaces Floors Full Baths Half Baths Lease Levels Rent
Unit 1 3 2 0 1 1 0 No 1
Unit 2 7 6 0 2 1 0 No 2 $1,650
Units Extras
Unit 1
Rent Includes:  Water  Cooling:  Window AC  Applicances:  Range, Refrigerator  Heating:  Electric  Interior:  Bathroom With Tub, Wall to Wall Carpet, Stone/Ceramic Tile Floor  Rooms:  Living Room, Kitchen 
Unit 2
Rent Includes:  Water  Applicances:  Range, Refrigerator  Heating:  Electric  Interior:  Bathroom With Tub, Wall to Wall Carpet, Wood Flooring  Rooms:  Living Room, Kitchen 
Map
Similar Properties
The listing office is Coldwell Banker Residential Brokerage - Andover and the listing agent is Mei Zhou. 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 11/16/2018 12:35:00 PM.
 
The Rogers/ Melo Team
The Rogers/ Melo Team
LAER Realty Partners