128-130 Mt Washington Street

Lowell, MA 01854

$950,000
Price
14
Beds
5
Baths
1
1/2 Bath
4,482 Sq. Ft.
$212 / Sq. Ft.
4,482
Sq. Ft.
$212
per Sq. Ft.

Description

Great opportunity for the buyer of this fully tenanted four-family in the Acre. All four units currently occupied on leases, with a total monthly rent roll of $9,450.00. All units are separately metered and tenants are responsible for payment of own electric, heat, hot water and cooking. Unit electric panels are in each apartment. Owner has made extensive upgrades to the building during his ownership. During this time, he's installed furnaces, upgraded the electrical and plumbing as necessary, installed...Great opportunity for the buyer of this fully tenanted four-family in the Acre. All four units currently occupied on leases, with a total monthly rent roll of $9,450.00. All units are separately metered and tenants are responsible for payment of own electric, heat, hot water and cooking. Unit electric panels are in each apartment. Owner has made extensive upgrades to the building during his ownership. During this time, he's installed furnaces, upgraded the electrical and plumbing as necessary, installed two rubber roofs and a sprinkler system. All units have had a cosmetic overhaul over the last year, including paint and flooring. This is a well maintained property by an active owner, therefore no deferred maintenance. All units are lead compliant w/certificates of deleading in hand. Location is on public transit and within a short distance of all area amenities. This is a quality property with a strong rental history and rents. Nothing to do but take ownership and reap the rewards.
  1. Listed by Brian Donoghue • Universal Property Management

Property Details for 128-130 Mt Washington Street

Town
Lowell
Area
MA-Lowell
Garage Spaces
0
Parking Spaces
7.00
Parking Spaces Total
7

Location

Listing Courtesy of Universal Property Management, Brian Donoghue
Add your commute
LISTING UPDATED: 04/23/2024 07:17 PM

Property Details for 128-130 Mt Washington Street

StatusContingent
MLS #73225373
Days on Market6
Taxes$8,309 / year
HOA Fees-
Compass TypeMulti Family
MLS TypeMulti-family / 4 Family - 4 Units Up/Down
Year Built1880
CountyMiddlesex County

Location

Listing Courtesy of Universal Property Management, Brian Donoghue
Add your commute

Building Information for 128-130 Mt Washington Street

Stories6Residences4Year Built1880Building Size-Lot Size0.21 AC / 9,213 SF

Payment Calculator

$5,877 per month

30 year fixed, 7.25% Interest

Principal and Interest

$5,185

Property Taxes

$692

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 128-130 Mt Washington Street

General Details
Property Details
  • Building Area Units: Square Feet
  • Community Features: Public Transportation, Shopping, Highway Access, House of Worship, Private School, Public School, T-Station, University
  • Living Area: 4482.0
  • Color: Blue
  • SqFt with Basement: No
  • Total Units: 4
  • Waterfront: No
  • Year Built Details: Renovated Since,Unknown/Mixed
  • Year Built Source: Public Records
Location/School
  • Grade School: Lowell Public
  • High School: Lowell Public
  • Middle School: Lowell Public
Features
Interior Features
  • Basement Features: Unfinished Basement
  • Num of Baths: 6.0
  • Num of Full Baths: 5
  • Num of Half Baths: 1
  • Bathrooms Total Decimal: 5.50
  • Bathrooms Total Integer: 6
  • FireplaceYN: No
  • Fireplaces: 0
  • Flooring: Varies
  • SpaYN: No
Exterior Features
  • Construction: Frame
  • Lot Description: Gentle Sloping
  • Roof Material: Shingle, Rubber
Parking Features
  • Covered Spaces: .00
  • Garage: No
  • Garage Parking: Paved Drive, Off-Street, On Street Permit, Improved Driveway, Paved Driveway
  • Open Parking: Yes
  • Parking Features: Paved Drive, Off-Street, On Street Permit, Improved Driveway, Paved Driveway
  • Parking Features: Off-Street, On Street Permit, Improved Driveway, Paved Driveway
Utilities
  • Electric: Circuit Breakers
  • Sewer: City/Town Sewer
  • Utility Connections: Varies per Unit
  • Water: Public
Property Information
Property Info
  • Farm Land Area Units: Square Feet
  • WARRANTY: No
  • Lot Size Units: Acres
  • Road Frontage Type: Public
Tax Information
  • Assessments: $660,900
  • Book: 23864
  • Tax Year: 2024
  • Zoning: TMF
Building / Association Information
Living Characteristics
  • Beds Total: 14
  • Total Living Levels: 6
Other Building Characteristics
  • Foundation: Other
  • Cooling Units: 0
  • Cooling Zones: 0
  • Heat Units: 4
Income / Expenses
  • GOI: $113,400.00
  • NOI: $113,400.00
Complex & Association Information
  • Adult Community: No
Unit Information
Unit 1 Description
  • Floor U1: 1
  • Lease U1: Y
  • Levels U1: 1
Unit 2 Description
  • Floor U2: 2
  • Lease U2: Y
  • Levels U2: 2
Unit 3 Description
  • Floor U3: 1
  • Lease U3: Y
  • Levels U3: 1
Unit 4 Description
  • Floor U4: 2
  • Levels U4: 1
Rental Info
Rental Info
  • Total Actual Rent: $9,450.00
Market and Agent Information
Sale Info
  • Buyer Broker Comp: 2%
  • Other Agent Compensation: 0

Property History for 128-130 Mt Washington Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 128-130 Mt Washington Street

This home is within Lowell School District.
Rating
School
Type
Grades
Distance
Public - PK to 4
Public - PK to 4
Public - PK to 4
Public - PK to 4
Rating
School
Distance
Joseph McAvinnue Elementary School
PublicPK to 4

C.W. Morey Elementary School
PublicPK to 4

Abraham Lincoln Elementary School
PublicPK to 4

Charlotte M Murkland Elementary School
PublicPK to 4

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Listing Courtesy of Universal Property Management, Brian Donoghue

The property listing data and information, or the images, set forth herein were provided to MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS. The property listing data and information, and the images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the images, set forth herein.