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37 Fourth Avenue, Lowell MA 01850- MLS # 71483236

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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 7/31/2014)

  1. 6 beds, 3 full, 1 part baths
    Home size: 5,269 sq ft
    Lot size: 8,225 sqft
    Year built: 1892
    Parking spots: 4
    Days on market: 7
    Listed with Sterling Stone R. E., Inc.
  2. 6 beds, 4 full baths
    Home size: 3,300 sq ft
    Lot size: 5,013 sqft
    Year built: 1890
    Parking spots: 4
    Days on market: 8
    Listed with Coldwell Banker Residential Brokerage - Tewksbury
  3. 7 beds, 3 full baths
    Home size: 2,790 sq ft
    Lot size: 3,600 sqft
    Year built: 1910
    Parking spots: 3
    Days on market: 8
    Listed with RE/MAX Insight
  4. 4 beds, 2 full baths
    Home size: 2,184 sq ft
    Lot size: 2,100 sqft
    Year built: 1900
    Parking spots: 2
    Days on market: 10
    Listed with Coldwell Banker Residential Brokerage - Chelmsford
  5. 9 beds, 6 full baths
    Home size: 6,848 sq ft
    Lot size: 9,518 sqft
    Year built: 1920
    Parking spots: 8
    Days on market: 10
    Listed with AMB Realty Group

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 may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.

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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