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37 Fourth Avenue, Lowell MA 01850- MLS # 71483236

by

in Lowell MA

Lowell MA 3 Family Home for Sale

 

Front

 

37 Fourth Avenue in Lowell MA is a 3 family home located in the Cenraville location of Lowell in the 01850 area code.  It is just north of the river and is conveniently located to route 113.

This home is not a short sale or a foreclosure!  The 3 family is in good shape with vinyl siding and the 3 story rear deck being replaced in the last 10 years.  Two of three water heaters are brand new.

1st floor unit has 2 bedrooms and one full bath.  The unit receives $825.00 a month with a balance left on the lease.

2nd Floor unit is a one bedroom with one full bath.  The unit receives $700.00 a month and is a tenancy at will.

3rd floor unit has 2 bedroom and one full bath.  The unit was receiving $675.00 a month and is in the process of being vacated.

If you are looking for a good income producing property in good shape, call for your personal viewing.

Unit 1 at $825 per month $9900.00
Unit 2 at $700 per month $8400
 Unit 3 at $675 per month $8100
Gross Income $26,400
Expenses
Insurance $1658
Taxes $2281
Water and Sewer $1243
Electric and Gas $825
Repairs $4840
Postage $80
Misc $350
Total Expense $11,277

Net Operating Income

$15,600

Highlights
List Price: $159,900 Rooms: 12 Parking Spaces: 2
Type: Multi-Family Beds: 3 Year Built: 1920
Multi-Family Type: 3 Family Baths: 3 Year Round: Unknown
Status: Active Half Baths: 0 Approx. GLA: 2,068
Acres: 0.05 Units: 3 MLS#: 71483236
Lot Size: 2,068 Total Floors: 3
Basement: Yes Garage Spaces: 0
Interior
Basement: Yes Cooling Units: 0
Cooling Zones: 0 Electricity Cost: $825
Heating Units: 3 Heating Zones: 3
Fireplaces: 0 Rooms: 12
Lead Paint: Unknown Total Floors: 3
UFFI: Unknown
Exterior
Acres: 0.05 Lot Size: 2,068
Lot Description: City View(s) Foundation: Granite
Foundation Size: Irreg Garage Spaces: 0
Parking Spaces: 2 Construction: Frame
Roof Material: Asphalt/Fiberglass Shingles Exterior: Vinyl
: A Water: City/Town Water
Expenses
Gross Income: $26,400 Income Rent: $2,200 Electricity: $825 Refuse:
Gross Expenses: - $7,201 Ann. Prop. Oper.: Yes Gas: R&M: $4,850
Net Income: $19,199 Expenses Source: Owner Provided Heat: Sewer: $620
Misc.: Insurance: $1,603 Management: $270 Water: $620
Unit Details
Unit: Rooms: Beds: Full Baths: Half Baths: Fireplaces: Levels: Floors: Rent: Lease:
Unit 1: 5 2 1 0 0 1 1 $825 Yes
Unit 2: 4 1 1 0 0 1 2 $700 No
Unit 3: 3 1 1 0 0 1 3 $675 No
Unit Features
Unit 1: Room Description: Living Room, Kitchen Interior Details:
Heat: Cool:
Appliances: Range, Refrigerator Rent Includes:

Unit 2: Room Description: Living Room, Kitchen Interior Details:
Heat: Cool:
Appliances: Range, Refrigerator Rent Includes:
Taxes
APOD Available: Yes Assessed Price: $148,900
Taxes: $2,199 Tax Year: 2012
Book/Page: 15305/169 Warranty Available: Unknown
Additional Info
Amenities: Medical Facility
Disclosure: Income proforma based on 3rd floor being vacant.3rd floor is space heater
If you would like more information on this property or would like to Schedule a Showing with
Kevin Vitali call: 978-851-3600 or email: kevin@gotoexit.com.

 

See all Real Estate and Homes for Sale in the city of Lowell.
(all data current as of 10/25/2014)

  1. 6 beds, 4 full baths
    Home size: 2,398 sq ft
    Lot size: 26,534 sqft
    Year built: 1815
    Parking spots: 10
    Days on market: 5
    Listed with RE/MAX Insight
  2. 7 beds, 4 full baths
    Home size: 3,546 sq ft
    Lot size: 5,662 sqft
    Year built: 1890
    Parking spots: 6
    Days on market: 5
    Listed with Urban Real Estate
  3. 5 beds, 3 full baths
    Home size: 3,100 sq ft
    Lot size: 2,650 sqft
    Year built: 1930
    Parking spots: 3
    Days on market: 6
    Listed with John King
  4. 4 beds, 2 full baths
    Home size: 1,695 sq ft
    Lot size: 6,300 sqft
    Year built: 1920
    Parking spots: 4
    Days on market: 9
    Listed with Boutin Real Estate
  5. 4 beds, 2 full baths
    Home size: 3,814 sq ft
    Lot size: 3,750 sqft
    Year built: 1900
    Parking spots: 2
    Days on market: 9
    Listed with LAER Realty Partners

Listing information deemed reliable but not guaranteed. Read full disclaimer.

Whether you are a home buyer, a home seller or looking to short sale your home, Kevin Vitali is your Lowell MA Real Estate Agent.  Kevin bring over 11 years and the experience of 100’s of successful real estate transactions to the successful sale or purchase of your home.

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