Eco Friendly
Address
244-246 Concord Street, Lowell, MA
Price
$ 1,100,000
Property Attributes
- MLS#73218840
- TypeContingent
- CountyMIDDLESEX
- CityLowell
- AreaBelvidere
- Zip01852
- Style5-9 Family
- Year Built1900
- Taxes$ 99
- Price$ 1,100,000
- Bedrooms14
- Full Bathrooms6
- Half Bathrooms0
- Sqr Footage6359
- Lot Size4,356 SqFt
Data Source:
Massachusetts MLS Property Info Network (MLSPIN)
Property Description
Located in Lowell, Massachusetts, this multifamily property is well positioned in-between three major highways and offers quick and convenient access to downtown Boston in just 40 minutes via the commuter rail. The property consists of 6 units across +/- 6,300 SF, featuring a mix of one- and three- bedroom units that range in size between 700 and 1,000 square feet. The property features two off-street tandem style parking spaces and outdoor space in the rear of the building for its residents to enjoy. 244-246 Concord Street represents a value-add opportunity for both investors and end users through unit renovations and upgrades to common areas.
| Price History | |
|---|---|
| 4/2/2024 | Listed $1,100,000 |
General Features
| Sewer | Public Sewer |
|---|---|
| Utilities | Outdoor Gas Grill Hookup |
| Exterior Features | Outdoor Gas Grill Hookup |
| Zoning | 99 |
| Year Built | 1900 |
| Electric | Other (See Remarks) |
| Property SubType | 5-9 Family |
| Gross Income | 127920 |
| County | Middlesex |
| Net Operating Income | 75480 |
| Operating Expense | 45384 |
| Insurance Expense | 7900 |
| Property Type | Residential Income |
| Contingency | Financing |
| Energy Efficient | Other (See Remarks) |
| Garage Y/N | No |
| Total Rooms | 32 |
| Status | Contingent |
| Directions | Off of Sherman Street & Pond Street |
| City | Lowell |
| Senior Community Y/N | No |
| Total Units | 6 |
| MLS Area | Belvidere |
| Lot Size Square Feet | 4356 |
| Waterfront Y/N | No |
| Street Name | Concord Street |
| Year Built Details | Approximate |
| Tax Annual Amount | 99 |
| Home Warranty Y/N | No |
| Building Area Units | Square Feet |
| Standard Status | Active Under Contract |
| Year Built Source | Public Records |
| Tax Assessed Value | 843700 |
| Total Actual Rent | 10000 |
| Compensation Based On | Gross/Full Sale Price |
| Sub-Agency Relationship Offered | No |
Interior Features
| Basement | Unfinished |
|---|---|
| Flooring | Other |
| Total Stories | 9 |
| Fireplace Y/N | No |
| Full Baths | 6 |
| Total Bedrooms | 14 |
| Total Baths | 6 |
Exterior Features
| Parking Features | Off Street,Tandem,On Street,Paved |
|---|---|
| Lot Features | Other |
| Water Source | Public |
| Total Parking | 2 |
| Lot Size Area | 0.1 |
| Foundation Details | Other |
| Spa | No |
| Building Area Total | 6359 |
| 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 Contingent Average in 01852
Price
Taxes
Visits
Year Built
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