Hands-free investment package with annual projecting gross rents of $60,000. These two condo units were converted in 2005 with hardwood floor through out. Both units have lead-paint certificates; Each unit has one deeded off-street parking. Unit 10 is just vacant and ready to rent. Unit 11 is super large(1,745 SF), the public record show it has 4 bedrooms, but it has five bedrooms with 2 full baths. Current tenant will move out before closing w/ $3200 rent. Total condo fees for both units is $738.93 per month(U10: $249.01, U11: $489.92). Both units are on the top-floor and next to each other. Owning these two units is like having two-family rental benefits without two-family maintenance troubles and expenses(condo fees pay for exteriors, water/sewer, snow & trash removal and master insurance, etc). With this high rental demand, this ~9% cap rate investment is a great way to hedge and preserve our hard earn savings. Don't forget to see the Lowell Housing Fair market rent rates.
Sold for $530,000
$530,000
110 Branch St Unit 10 & 11, Lowell, MA 01851
7beds
2,572sqft
2 Family - 2 Units Up/Down
Built in 1895
-- sqft lot
$-- Zestimate®
$206/sqft
$2,559 Estimated rent
Home value
Not available
Estimated sales range
Not available
$2,559/mo
Zestimate® history
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List your homeWhat's special
Hardwood floorLead - paint certificates
Zillow last checked:
Listing updated:
Listed by:
Mei Zhou 978-413-6688,
Coldwell Banker Realty - Andover 978-475-2201
Bought with:
Homexe Team
Cameron Prestige, LLC
Source: MLS PIN,MLS#: 73222337
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Baseboard, Natural Gas
Cooling
- Window Unit(s)
Appliances
- Included: Range, Microwave, Refrigerator
Features
- Lead Certification Available, Storage, Bathroom With Tub, Open Floorplan, Kitchen, Living RM/Dining RM Combo, Living Room, Dining Room
- Flooring: Tile, Hardwood
- Has basement: No
- Has fireplace: No
Interior area
- Total structure area: 2,572
- Total interior livable area: 2,572 sqft
Property
Parking
- Total spaces: 2
- Parking features: Off Street, On Street, Deeded
- Uncovered spaces: 2
Features
- Patio & porch: Covered
- Has view: Yes
- View description: City View(s)
Lot
- Features: Corner Lot, Level
Details
- Parcel number: 4575231
- Zoning: NA
Construction
Type & style
- Home type: MultiFamily
- Property subtype: 2 Family - 2 Units Up/Down
Materials
- Frame
- Foundation: Stone
- Roof: Rubber
Condition
- Year built: 1895
Utilities & green energy
- Electric: 110 Volts
- Sewer: Public Sewer
- Water: Public
- Utilities for property: for Gas Range
Community & HOA
Community
- Features: Public Transportation, Shopping, Medical Facility, Laundromat, Highway Access, Public School, University
Location
- Region: Lowell
Financial & listing details
- Price per square foot: $206/sqft
- Tax assessed value: $261,700
- Annual tax amount: $4,133
- Date on market: 1/5/2026
- Total actual rent: 0
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 5/15/2024 | Sold | $530,000+0.2%$206/sqft |
Source: MLS PIN #73222337 Report a problem | ||
| 4/18/2024 | Contingent | $529,000$206/sqft |
Source: MLS PIN #73222337 Report a problem | ||
| 4/10/2024 | Listed for sale | $529,000+55.6%$206/sqft |
Source: MLS PIN #73222337 Report a problem | ||
| 12/31/2021 | Sold | $340,000-15%$132/sqft |
Source: MLS PIN #72912118 Report a problem | ||
| 11/19/2021 | Contingent | $399,900$155/sqft |
Source: MLS PIN #72912118 Report a problem | ||
| 10/27/2021 | Price change | $399,900-7%$155/sqft |
Source: MLS PIN #72912118 Report a problem | ||
| 10/23/2021 | Listed for sale | $429,900$167/sqft |
Source: MLS PIN #72912118 Report a problem | ||
Public tax history
Tax history is unavailable.
Neighborhood: Lower Highlands
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Nearby schools
GreatSchools rating
- 7/10Kathryn P. Stoklosa Middle SchoolGrades: 5-8Distance: 0.4 mi
- 4/10Lowell High SchoolGrades: 9-12Distance: 1 mi
- 6/10C.W. Morey Elementary SchoolGrades: PK-4Distance: 0.5 mi
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- Massachusetts
- Middlesex County
- Lowell
- 01851
- Lower Highlands
- 110 Branch St Unit 10 & 11
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