Address
128-130 Mt. Washington Street, Lowell, MA
Price
$ 950,000
Property Attributes
  • MLS#73225373
  • TypeContingent
  • CountyMIDDLESEX
  • CityLowell
  • Zip01854
  • Style4 Family - 4 Units Up/Down
  • Year Built1880
  • Taxes$ 8309
  • Price$ 950,000
  • Bedrooms14
  • Full Bathrooms5
  • Half Bathrooms1
  • Sqr Footage4482
  • Lot Size9,148 SqFt
Data Source:
Massachusetts MLS Property Info Network (MLSPIN)
Property Description

Great opportunity for the buyer of this fully tenanted four-family in the Acre. All four units currently occupied on leases, with a total monthly rent roll of $9,450.00. All units are separately metered and tenants are responsible for payment of own electric, heat, hot water and cooking. Unit electric panels are in each apartment. Owner has made extensive upgrades to the building during his ownership. During this time, he's installed furnaces, upgraded the electrical and plumbing as necessary, installed two rubber roofs and a sprinkler system. All units have had a cosmetic overhaul over the last year, including paint and flooring. This is a well maintained property by an active owner, therefore no deferred maintenance. All units are lead compliant w/certificates of deleading in hand. Location is on public transit and within a short distance of all area amenities. This is a quality property with a strong rental history and rents. Nothing to do but take ownership and reap the rewards.

Elementary School Middle School High School
Lowell Public Elementary School Lowell Public Middle School Lowell Public High School
Price History
4/17/2024 Listed $950,000

General Features

Sewer Public Sewer
Utilities Varies per Unit
Roof Shingle,Rubber
Zoning TMF
Construction Materials Frame
Exclusions Tenant Belongings. All Laundry Machines Are Property Of Tenants.
Year Built 1880
Electric Circuit Breakers
Property SubType 4 Family - 4 Units Up/Down
Tax Year 2024
Gross Income 113400
Community Features Public Transportation,Shopping,Highway Access,House of Worship,Private School,Public School,T-Station,University
County Middlesex
Net Operating Income 113400
Property Type Residential Income
Contingency Pending P&S
Garage Y/N No
Total Rooms 22
Status Contingent
Directions Pawtucket St. to Mt. Washington St. Building is at the bottom of Mt. Washington St. by Varney St.
High School Lowell Public
City Lowell
Senior Community Y/N No
Total Units 4
Lot Size Square Feet 9213
Waterfront Y/N No
Street Name Mt. Washington Street
Elementary School Lowell Public
Year Built Details Renovated Since,Unknown/Mixed
Tax Annual Amount 8309
Home Warranty Y/N No
Middle/Junior High School Lowell Public
Building Area Units Square Feet
Standard Status Active Under Contract
Year Built Source Public Records
Tax Assessed Value 660900
Total Actual Rent 9450
Compensation Based On Net Sale Price
Sub-Agency Relationship Offered No

Interior Features

Basement Unfinished
Flooring Varies
Total Stories 6
Fireplace Y/N No
Full Baths 5
Half Baths 1
Total Bedrooms 14
Total Baths 6

Exterior Features

Parking Features Paved Drive,Off Street,On Street,Driveway,Paved
Lot Features Gentle Sloping
Water Source Public
Total Parking 7
Lot Size Area 0.21
Foundation Details Other
Spa No
Building Area Total 4482
Lot Size Acres 0.21
Lot Size Units Acres
Road Frontage Type Public
Open Parking Y/N Yes

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Contingent Average in 01854

Price
AVG $510K
$950K
Taxes
AVG $4,861
$8,309
Visits
AVG 170
75
Data Provided by Inside Real Estate®
Year Built
AVG 1911
1880