Fixer Upper
Address
197 White St, Lowell, MA
Price
$ 795,000
Property Attributes
  • MLS#73226026
  • TypeMulti-Family
  • CountyMIDDLESEX
  • CityLowell
  • Zip01854
  • Style4 Family
  • Year Built1938
  • Taxes$ 7842
  • Price$ 795,000
  • Bedrooms6
  • Full Bathrooms4
  • Half Bathrooms0
  • Sqr Footage3454
  • Lot Size4,356 SqFt
Data Source:
Massachusetts MLS Property Info Network (MLSPIN)
Property Description

Nestled at 197 White St in Lowell, MA, this multi-family property boasts four units featuring a total of six bedrooms and four baths, offering ample living space for tenants. Its strategic location near Umass Lowell adds to its appeal, likely drawing students and faculty seeking accommodation. A notable perk is the provision of four off-street parking spaces, ensuring convenience and potentially attracting more tenants. Moreover, with tenants responsible for utility payments, the property holds promise for generating positive cash flow. However, thorough due diligence, including viewings and financial analysis, remains crucial. Overall, this property presents an enticing investment opportunity for those seeking stable returns in the Lowell area.**Group showing 5/1/24 at 12pm

Price History
4/18/2024 Listed $795,000

General Features

Sewer Public Sewer
Zoning TTF
Patio/Porch Features Porch
Construction Materials Frame
Year Built 1938
Property SubType 4 Family
Tax Year 2023
Gross Income 63000
Community Features Public Transportation
County Middlesex
Net Operating Income 63000
Property Type Residential Income
Garage Y/N No
Total Rooms 16
Status Active
Directions Riverside to Mt. Hope to White Street
City Lowell
Disclosures Sold as is
Senior Community Y/N No
Total Units 4
Lot Size Square Feet 4541
Waterfront Y/N No
Street Name White St
Year Built Details Approximate
Tax Annual Amount 7842
Home Warranty Y/N No
Building Area Units Square Feet
Standard Status Active
Year Built Source Public Records
Tax Assessed Value 631400
Total Actual Rent 5250
Compensation Based On Net Sale Price
Sub-Agency Relationship Offered No

Interior Features

Basement Full
Flooring Tile,Vinyl,Carpet
Total Stories 4
Fireplace Y/N No
Full Baths 4
Total Bedrooms 6
Total Baths 4

Exterior Features

Parking Features Paved Drive,Off Street
Lot Features Corner Lot
Water Source Public
Total Parking 4
Lot Size Area 0.1
Foundation Details Stone
Spa No
Building Area Total 3454
Lot Size Acres 0.1
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 Multi-Family Average in 01854

Price
AVG $990K
$800K
Taxes
AVG $9,384
$7,842
Visits
AVG 111
78
Data Provided by Inside Real Estate®
Year Built
AVG 1900
1938