Sold for $850,000

$850,000

103 Powell St, Lowell, MA 01851

7beds

3,557sqft

4 Family - 4 Units Up/Down

Built in 1900

-- sqft lot

$-- Zestimate^®

$239/sqft

$-- Estimated rent

Home value

Not available

Estimated sales range

Not available

Zestimate^® history

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$5,278/mo

Est. payment

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$5,278/mo

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What's special

Great opportunity for the buyer of this fully tenanted four-family in the Highlands. All four units currently occupied, two on leases and two are TAW, with a total monthly rent roll of $6990.00. All units are separately metered and tenants are responsible for payment of own electric, heat, hot water and cooking. Unit electric panels and hot water tanks are in the basement. Each unit has its own heating system(s). This is a well maintained property by an active owner, therefore no deferred maintenance. Three units are lead compliant w/certificates of deleading in hand. Location is on public transit and within a short distance of all area amenities. This is a solid property with a strong rental history and rents. Two long-term tenants of approx. 10 years.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 7
Bathrooms: 4
Full bathrooms: 4

Features

Flooring: Varies
Basement: Unfinished
Has fireplace: No

Interior area

Total structure area: 3,557
Total interior livable area: 3,557 sqft

Property

Parking

Total spaces: 4
Parking features: Paved Drive, Off Street, Driveway, Paved
Uncovered spaces: 4

Features

Patio & porch: Porch, Enclosed, Deck

Lot

Size: 4,792 sqft
Features: Level

Details

Parcel number: 3183861
Zoning: TMF

Construction

Type & style

Home type: MultiFamily
Property subtype: 4 Family - 4 Units Up/Down

Materials

Frame
Foundation: Other
Roof: Shingle,Rubber

Condition

Year built: 1900

Utilities & green energy

Electric: Circuit Breakers
Sewer: Public Sewer
Water: Public
Utilities for property: Varies per Unit

Community & neighborhood

Community

Community features: Public Transportation, Shopping, Medical Facility, Laundromat, Highway Access, House of Worship, Private School, Public School, T-Station, University

Location

Region: Lowell

HOA & financial

Other financial information

Total actual rent: 6990

Price history

Date	Event	Price
9/6/2024	Sold	$850,000+3%$239/sqft
Source: MLS PIN #73263545 Report a problem
7/16/2024	Contingent	$825,000$232/sqft
Source: MLS PIN #73263545 Report a problem
7/11/2024	Listed for sale	$825,000$232/sqft
Source: MLS PIN #73263545 Report a problem