Sold

200 Salem St, Lowell, MA

Lowell · MA 01854

$500,000
Price
8
Beds
3
Baths
2923
Sq. ft.

Overview

Property type: Multi-Family
Year built: Built in 1900
Units: 3 Units
Lot size: 1,976 Sq.Ft Lot
Price per square foot: $188 / Sq.Ft
Parking: 3 Off Street Spaces

About this home

Solid long-term three-family investment right next to UMass is ready for you to take over the ownership. All three tenants are long term tenants, two over ten years, will stay with the property. Unit had been updated with new heating systems, newer kitchens, floors, some new sidings etc. First two units are up and down units, with a large 3rd unit on its own. Two basements as well. Laundry hood ups in the basement. Sale is subject to 1031 exchange process. Seller needs to use the proceeds for his large acquisition in another state. Open house on Sunday 1-3.

Neighborhood & Transit

200 Salem St, Lowell · MA 01854

Nearby transit

Within 0.5 mile, measured straight-line to the nearest station entrance.

No subway or commuter rail stations within 0.5 mile.

Price Insight

Days on Market:
1467 days
Listing Price:
$550,000
Price per Sq.Ft:
$188
Tax Assessment:
$356,700 in 2022
Taxes:
$377 / Monthly

Home Facts

Interior Features

Bedrooms
8
Full Bathrooms
3
Half Bathrooms
0
Living Area
2,923 Sq.Ft
Kitchen
Unknown
Primary Bedroom
Unknown
Laundry
Unknown
Living levels
Unknown
Rooms
Unknown
Above grade area
Unknown
Flooring
Unknown
Lead paint
Unknown

Utilities

Heating Type
Unknown
Heating Zone
Unknown
Cooling
Unknown
Cooling Zones
Unknown
Water
Unknown
Sewer
Unknown
Electric Features
Unknown

Exterior Features

Lot Size
1,976 Sq.Ft
Lot Description
Unknown
Exterior Features
Unknown

Parking

Garage Parking
0 Parking Spaces
Off Street Parking
3 Parking Spaces

Construction Details

Construction Type
Unknown
Siding
Clapboard, Wood
Roof
Unknown

Green Features

Electric Vehicle Charger
Unknown
Solar Panels
Unknown
Green Certified
Unknown
Insulation Features
Unknown
Energy Features
Unknown

Listing information

Listing agent
Frank Chen
Listing office
Good School Realty, Inc.
MLS PIN #
73024903
Disclosure
Off street parking is available now in a vacant lot adjacent to this and another building. The lot is owned by UMass. UMass had never objected to the residents' use there in last 12 years. Other parking option is street permit from the city.