Fixer Upper
Address
215 Mount Hope St, Lowell, MA
Price
$ 585,000
Property Attributes
- MLS#73226027
- TypeMulti-Family
- CountyMIDDLESEX
- CityLowell
- Zip01854
- StyleMulti Family
- Year Built1910
- Taxes$ 5917
- Price$ 585,000
- Bedrooms4
- Full Bathrooms3
- Half Bathrooms0
- Sqr Footage2951
- Lot Size3,920 SqFt
Data Source:
Massachusetts MLS Property Info Network (MLSPIN)
Property Description
Located at 215 Mount Hope St in Lowell, MA, this multi-family property presents a prime investment opportunity. With two or more units, it offers versatile accommodation options. The property features a total of four bedrooms and three baths, providing comfortable living spaces. Its proximity to Umass Lowell enhances its appeal, attracting potential tenants from the university community. A notable advantage is that tenants are responsible for paying utilities, which can contribute to positive cash flow. Additionally, there is a garage available for rent, offering an additional income stream for the property owner. Through due diligence, including viewing and financial analysis, this might be the right investment for you. Overall, this property holds promise for investors seeking a profitable venture in the Lowell area. Group showing 5/1/24 at 1230pm
| Price History | |
|---|---|
| 4/18/2024 | Listed $585,000 |
General Features
| Sewer | Public Sewer |
|---|---|
| Roof | Shingle |
| Zoning | TTF |
| Garage Spaces | 1 |
| Patio/Porch Features | Enclosed |
| Construction Materials | Frame |
| Year Built | 1910 |
| Electric | 110 Volts |
| Property SubType | Multi Family |
| Tax Year | 2023 |
| Gross Income | 48000 |
| Community Features | Public Transportation |
| County | Middlesex |
| Net Operating Income | 48000 |
| Property Type | Residential Income |
| Garage Y/N | Yes |
| Total Rooms | 8 |
| Status | Active |
| Directions | Riverside to Mount Hope |
| City | Lowell |
| Disclosures | Property sold as is. Financials available,email listing agent |
| Senior Community Y/N | No |
| Total Units | 2 |
| Lot Size Square Feet | 4050 |
| Waterfront Y/N | No |
| Street Name | Mount Hope St |
| Year Built Details | Approximate |
| Tax Annual Amount | 5917 |
| Home Warranty Y/N | No |
| Building Area Units | Square Feet |
| Standard Status | Active |
| Year Built Source | Public Records |
| Tax Assessed Value | 476400 |
| Total Actual Rent | 4000 |
| Compensation Based On | Net Sale Price |
| Sub-Agency Relationship Offered | No |
Interior Features
| Basement | Full,Unfinished |
|---|---|
| Flooring | Carpet,Hardwood |
| Total Stories | 3 |
| Fireplace Y/N | No |
| Full Baths | 3 |
| Total Bedrooms | 4 |
| Total Baths | 3 |
Exterior Features
| Parking Features | On Street |
|---|---|
| Lot Features | Corner Lot |
| Water Source | Public |
| Total Parking | 1 |
| Lot Size Area | 0.09 |
| Foundation Details | Stone |
| Spa | No |
| Building Area Total | 2951 |
| Lot Size Acres | 0.09 |
| Lot Size Units | Acres |
| Covered Spaces | 1 |
| 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 Multi-Family Average in 01854
Price
Taxes
Visits
Year Built
Massachusetts MLS Property Info Network (MLSPIN) - 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
