Sold

737 Lakeview Ave, Lowell, MA

Lowell · MA 01850

$1,375,000
Price
18
Beds
9
Baths
8640
Sq. ft.

Overview

Property type: Multi-Family
Year built: Built in 1900
Units: 9 Units
Lot size: 4,576 Sq.Ft Lot
Price per square foot: $168 / Sq.Ft
Parking: No Parking

About this home

Excellent Investor opportunity to grow their portfolio as well as an exchange play. This 9 unit building consists of 20 bedrooms 9 bathrooms and has substantial upside in rents. The property has been De-leaded and has been well maintained. Opportunity lies in the the investor and the building is showing a cap of 8 percent is possible which is very difficult to achieve in this market. See firm remarks for group showing for qualified buyers.

Neighborhood & Transit

737 Lakeview Ave, Lowell · MA 01850

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:
$1,449,900
Price per Sq.Ft:
$168
Tax Assessment:
$729,800 in 2021
Taxes:
$819 / Monthly

Home Facts

Interior Features

Bedrooms
18
Full Bathrooms
9
Half Bathrooms
0
Living Area
8,640 Sq.Ft
Kitchen
Unknown
Primary Bedroom
Unknown
Laundry
Unknown
Living levels
Unknown
Rooms
Unknown
Above grade area
Unknown
Flooring
Unknown
Lead paint
Certified Treated

Utilities

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

Exterior Features

Lot Size
4,576 Sq.Ft
Lot Description
Unknown
Exterior Features
Unknown

Parking

Garage Parking
0 Parking Spaces
Off Street Parking
None

Construction Details

Construction Type
Unknown
Siding
Vinyl
Roof
Unknown

Green Features

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

Listing information

Listing agent
Michael Wetherbee
Listing office
Cameron Real Estate Group
MLS PIN #
72996198
Disclosure
See pro forma and rents attached on paper clip.