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Listing Details

Status
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On Site
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On Market
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MLS #
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Neighborhood
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Type
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Built
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School Ratings & Info

Listing courtesy of The Rogers / Melo Team of Laer Realty Partners.

Description

Rare opportunity to purchase as an investor or owner occupied 4-unit Building. This mixed-use building offers two commercial units and two residential apartments. One commercial is a restaurant, the rent is $1400 a month and the lease will expire Jan 31, 2022. The second is a hair/nail salon, the rent is $1250, and the lease expires Dec 31, 2022. The other two units are residential, the 5-room apt. pays $1400.00 a month and is a TAW, the 4 rom apt paid $1250, the unit is now vacant. All tenants pay their own heat and hot water. Owner pays water and sewer. See attached floor plan of the building on MLS Clip .

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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 2021-09-17T11:11:34.097.
www.livecharlesgate.com/homes/120950643
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592 Westford St Lowell, MA 01851

  • Price: $650,000
  • Status: Price Changed
  • Updated: 22 min ago
  • MLS #: 72888009
0
Beds
0
Baths
0
½ Baths
0.17
Acres
3,925
SQFT
$166
$/SQFT
1910
Built
Neighborhood:
Highlands
County:
Middlesex
Area:
Highlands
Property Description
Rare opportunity to purchase as an investor or owner occupied 4-unit Building. This mixed-use building offers two commercial units and two residential apartments. One commercial is a restaurant, the rent is $1400 a month and the lease will expire Jan 31, 2022. The second is a hair/nail salon, the rent is $1250, and the lease expires Dec 31, 2022. The other two units are residential, the 5-room apt. pays $1400.00 a month and is a TAW, the 4 rom apt paid $1250, the unit is now vacant. All tenants pay their own heat and hot water. Owner pays water and sewer. See attached floor plan of the building on MLS Clip .
Exterior Features

Construction Frame Driving Doors 0 Loading Docks 0 Location Free StandingHighway AccessPublic TransportationCorner LotNeighborhood Parking Features Improved DrivewayPaved DrivewayOn Site Parking Spaces 10 Railroad Siding No Roof Material ShingleAsphalt/Fiberglass ShinglesSlate Site Condition DryLevelImproved Stories 3 Underground Tank No

Interior Features

Elevator No Maf Building Sq Ft 0.00 Ref Building Sq Ft 1858.00 Restrooms 5 Rsf Building Sq Ft 2065.00 Sprinklers No Total Building Sq Ft 3925.00 Waf Building Sq Ft 0.00

Property Features

Assessed Value Building 295500.00 Assessed Value Land 103300.00 Assessed Value Total 398800.00 Commercial Industrial Type Mixed Use Condo Association No Disclosure No Disclosures Pre Approval Letter Required As A Commercail Loan Only. Dividable No Exchange No Expandable No Gross Annual Expense 15235.00 Gross Annual Income 63600.00 Handicap Access No Lease Yes Lender Owned No Lien And Encumbent No Mau Units 0 Net Operating Income 48365.00 Ofu Units 0 On File21 E No Plat Plan No Reu Units 2 Rsu Units 2 Short Sale Lender App Required No Space Available For Sale Special Financing No Subdividable No Sublet No Survey No Tax Year 2021 Taxes 5367.84 Total Units 4 Utilities Public WaterPublic SewerNatural Gas Wau Units 0 Year Built Source Pr Zone Description Legal Conforming Zoning S2000

Listing information © 2021 MLS Property Information Network. All information is deemed reliable but should be independently verified.
Listing provided courtesy of The Rogers / Melo Team of Laer Realty Partners.


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 2021-09-17T11:11:34.097.
 
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Charlesgate Realty Group
867 Boylston Street, Fl 3
Boston MA, 02116
Listing courtesy of The Rogers / Melo Team of Laer Realty Partners.