2 Wachusett

    Lowell, MA 01850
    • $569,900
    • STATUS: Active
    • MLS #: 72659178
    $569,900
    • 8
      BEDS
    • 0.14
      ACRES
    • 4
      BATHS
    • 0
      1/2 BATHS
    • 4,102
      SQFT
    • $139
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1910
    County:
    Area:

    School Ratings & Info

    Listing courtesy of Patrick Hermans of J. Borstell Real Estate, Inc..

    Description

    Four family located just off of Bridge St with off street parking and a backyard for the tenants. Currently brings in $4,675 in rent and there is room to increase that without having to put in any work. The bones of this property are in great shape, all the furnaces and water tanks were replaced in 2017 and all the tenants are on leases. This is one of those hard to find four family buildings that doesn't require much of any work, has a strong cash-flow right off the bat and has some value add opportunity.

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    The property listing data and information 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 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 its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. Data last updated 2020-06-02T00:05:55.37.
    www.livecharlesgate.com/homes/106061004

    2 Wachusett Lowell, MA 01850

    • Price: $569,900
    • Status: Active
    • MLS #: 72659178
    8
    Beds
    4
    Baths
    0
    ½ Baths
    0.14
    Acres
    4,102
    SQFT
    $139
    $/SQFT
    1910
    Built
    Neighborhood:
    Other
    County:
    Middlesex
    Area:
    Other
    Property Description
    Four family located just off of Bridge St with off street parking and a backyard for the tenants. Currently brings in $4,675 in rent and there is room to increase that without having to put in any work. The bones of this property are in great shape, all the furnaces and water tanks were replaced in 2017 and all the tenants are on leases. This is one of those hard to find four family buildings that doesn't require much of any work, has a strong cash-flow right off the bat and has some value add opportunity.
    Exterior Features

    Beachfront No Exterior Vinyl Exterior Features Porch Foundation Fieldstone Lot Description Paved Drive Parking Features Off-Street Parking Spaces 4 Road Type Public Roof Material Asphalt/Fiberglass Shingles Waterfront Flag No

    Interior Features

    Basement Yes Basement Features FullWalk OutConcrete Floor Bedrooms Unit1 1 Bedrooms Unit2 2 Bedrooms Unit3 2 Bedrooms Unit4 3 Fireplaces 0 Fireplaces Unit1 0 Fireplaces Unit2 0 Fireplaces Unit3 0 Fireplaces Unit4 0 Floors Unit1 1 Floors Unit2 1 Floors Unit3 3 Floors Unit4 2 Full Baths Unit1 1 Full Baths Unit2 1 Full Baths Unit3 1 Full Baths Unit4 1 Half Baths Unit1 0 Half Baths Unit2 0 Half Baths Unit3 0 Half Baths Unit4 0 Heating Unit1 Electric Baseboard Heating Unit2 Steam Hot Water Natural Gas Levels 3 Levels Unit1 1 Levels Unit2 1 Levels Unit3 1 Levels Unit4 1 Rooms 20 Rooms Unit1 4 Rooms Unit2 5 Rooms Unit3 5 Rooms Unit4 6

    Property Features

    Apod Available No Assessments 394900.00 Disclosure No Gross Operating Income 56100 Lead Paint Unknown Lease Unit1 Y Lease Unit2 Y Lease Unit3 Y Lease Unit4 Y Lender Owned No Multifamily Type 4 Family Net Operating Income 39300 Rent Description Unit1 Water Rent Description Unit2 Water Rent Description Unit3 Water Rent Description Unit4 Water Rent Unit1 950 Rent Unit2 1175 Rent Unit3 1150 Rent Unit4 1400 Sewer City/Town Sewer Short Sale Lender App Required No Sq Ft Source Public Record Tax Year 2019 Taxes 5544.40 Water City/Town Water Year Built Description Actual Year Built Source Public Record Zoning M1001

    Listing information © 2020 MLS Property Information Network. All information is deemed reliable but should be independently verified.
    Listing provided courtesy of Patrick Hermans of J. Borstell Real Estate, Inc..


    The property listing data and information 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 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 its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. Data last updated 2020-06-02T00:05:55.37.
     
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    Listing courtesy of Patrick Hermans of J. Borstell Real Estate, Inc..