Brought to you by: The Lawson Team - RE/MAX Leading Edge
248 Main Street
Reading, MA 01867

Phone: (781) 944-6060
Website: www.LawsonSells.com
Email: lawsonteam@lawsonsells.com
 

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Lowell, MA. 01851
(map)
Middlesex County
Area: Highlands
Directions: Drum Hill To 3a To Princeton Blvd. Or 110 To 3a To Princeton

MLS # 72107864 - Sold
Multi-Family 2 Family - 2 Units Up/Down   Red

List Price $199,900 Days on Market  
List Date   # Units 2
Sale Price $226,000 # Floors  
Sold Date 6/30/17 Rooms 8
Assessed Value $228,600 Bedrooms 4
Gross Living Area 1,612SF Full Baths 2
Lot Size 5,350SF Half Baths 0
Taxes $3,466.00 Fireplaces  
Tax Year 2016 Basement Yes
Zoning S2002 Waterfront No
Est. Street Front   Beach Nearby No
Year Built 1961 Parking Spaces 2
    Garage Spaces 0
Remarks:
APPROVED SS NEEDS BUYER at $217,000.00. NO POWER BRING A LIGHT. This property needs some updating but it will be worth the effort with an ARV of $250k+. This property is a legal 2-family but functions as a single too (you decide). The current 2 family configuration is set up more like an in-law and would make a nice apartment for an adult child or parent. The 2 units share an entrance and utilities so privacy may be an issue. Styled like most Cape style homes this home features 2 levels of living space (3 levels if you finish basement). The first floor features living rm, large eat-in kitchen, full bath and 2 nicely sized bedrooms. The 2nd floor features a front to back living rm, kitchen/dining area, full bath and 2 bedrooms. Laundry in bsmt. This property will shine with some TLC (paint and flooring), update kitchens and baths to net a higher return or restore to a single family and enjoy all the space! Minutes to Rt. 3, dining, shops, UMass Lowell!
Features
Amenities   Public
   Transportation,
   Shopping, Park,
   Walk/Jog Trails,
   Laundromat, Highway
   Access, University
Basement   Full,
   Partially Finished,
   Interior Access,
   Bulkhead, Concrete Floor
Construction   Frame
Cooling Zones   2
Electricity   Circuit
   Breakers, 100 Amps
Energy   Storm Doors
Exterior   Shingles
Exterior Feat.   Fenced
   Yard
Flooring   Vinyl, Wall to
   Wall Carpet
Foundation   Poured
   Concrete
Heating Zones   2
Hot Water   Natural Gas
Lead Paint   Unknown
Lot   Paved Drive,
   Cleared,
   Fenced/Enclosed, Level
Parking   Off-Street,
   Paved Driveway
Road   Public, Paved,
   Publicly Maint.,
   Sidewalk
Roof   Asphalt/Fiberglass
   Shingles
Sewer / Water   City/Town
   Sewer, City/Town Water
Utility Connections   for
   Electric Range, for
   Electric Dryer, Washer
   Hookup
Warranty   No
Units
Common Features Rooms: Laundry, Other (See Remarks)
Unit 1 Appliances: Range, Dishwasher; Bedrooms: 2; Cooling: Wall AC; Floor: 1; Full Baths: 1; Heating: Hot
     Water Baseboard, Gas; Interior: Cable TV Available; Lease: No; Levels: 1; Rent: 1100; Rent
     Includes: Heat, Water, Hot Water; Rooms: 4; Rooms Desc.: Living Room, Kitchen, Laundry
Unit 2 Appliances: Range, Dishwasher; Bedrooms: 2; Cooling: Wall AC; Floor: 2; Full Baths: 1; Heating: Hot
     Water Baseboard, Gas; Interior: Cable TV Available; Lease: No; Levels: 1; Rent: 1000; Rent
     Includes: Heat, Water, Hot Water; Rooms: 4; Rooms Desc.: Kitchen, Living RM/Dining RM Combo
Financial Info
Gross Oper. Income   $25,200 Net Oper. Income   $25,200
Additional Information
APOD Available?   No
Adult Community   No
Anticipated Sale Date  
   06/30/2017
Deed   Book: 20239, Page:
   119
Disclosures   Subject to
   3rd party approval.
   Property sold "as-is".
   There is no money for
   repairs so pls base your
   offer on the "as-is"
   condition. 2 units share
   entrance and utilities.
   Interior/exterior needs
   paint. Off street parking
   for 2 cars. Fenced yard.
Exclusions   Personal
   property.
Foreclosure   No
GLA Source   Public Record
Living Area Disclosures  
   could add another 500 sq.
   ft. if you finish bsmt
Off Market Date   5/11/17
Schools   High School: LHS
Seller Disclosure Doc   No
Short Sale   Yes
Terms   Lender Approval
   Required
Year Built Desc.   Actual
Year Built Source   Public
   Record

Property Last Updated by Listing Office: 7/1/17 8:07am

Courtesy: MLSPIN

Listing Office: RE/MAX Leading Edge Listing Agent: Gwen Lawson


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