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64 Fourth Ave, Lowell, MA

Lowell · MA 01854

$1,120,000
Price
15
Beds
6
Baths
5898
Sq. ft.

Overview

Property type: Multi-Family
Year built: Built in 1930
Units: 6 Units
Lot size: 9,330 Sq.Ft Lot
Price per square foot: $212 / Sq.Ft
Parking: 6 Off Street Spaces

About this home

Great investment property for a 1031 exchange. This well kept, 5896 sq/ft 6 family sits on 9330 sq/ft of land conveniently located near UMASS Lowell. There are (3) two bedrooms and (3) three bedrooms. All units have an eat in kitchen, a family room and a single bath. 90% rent is currently guaranteed by a state program that is responsible for most repairs/damage. The building has vinyl siding, a new rubber roof two years ago, coin-op laundry and off street parking for 8 cars. Approx five years ago the prior owner invested over 100k in a state of the art, ultra efficient heating system featuring Lochinvar gas boilers and Superstor water heaters for each unit. Tenants pay all utilities. Current rents for the two bedrooms is $1250 mo and $1450 for the three bedroom units. Seller has lead compliance certificates. Buyer to honor all current lease agreements and assume all occupants. Buyer/buyer's agent must conduct their own due diligence, verifications and research.

Neighborhood & Transit

Pawtucketville

64 Fourth Ave, 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:
2111 days
Listing Price:
$1,250,000
Price per Sq.Ft:
$212
Tax Assessment:
$612,900 in 2019
Taxes:
$567 / Monthly

Home Facts

Interior Features

Bedrooms
15
Full Bathrooms
6
Half Bathrooms
0
Living Area
5,898 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
110 Volts, 200 Amps

Exterior Features

Lot Size
9,330 Sq.Ft
Lot Description
Unknown
Exterior Features
Unknown

Parking

Garage Parking
0 Parking Spaces
Off Street Parking
6 Parking Spaces

Construction Details

Construction Type
Unknown
Siding
Unknown
Roof
Unknown

Green Features

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

Listing information

Listing agent
Kathy Pappas
Listing office
RE/MAX Innovative Properties
MLS PIN #
72729520