215 Mt Hope Street

Lowell, MA 01854

$585,000
Price
4
Beds
3
Baths
2,951 Sq. Ft.
$198 / Sq. Ft.
2,951
Sq. Ft.
$198
per Sq. Ft.

Description

Located at 215 Mount Hope St in Lowell, MA, this multi-family property presents a prime investment opportunity. With two or more units, it offers versatile accommodation options. The property features a total of four bedrooms and three baths, providing comfortable living spaces. Its proximity to Umass Lowell enhances its appeal, attracting potential tenants from the university community. A notable advantage is that tenants are responsible for paying utilities, which can contribute to positive cash...Located at 215 Mount Hope St in Lowell, MA, this multi-family property presents a prime investment opportunity. With two or more units, it offers versatile accommodation options. The property features a total of four bedrooms and three baths, providing comfortable living spaces. Its proximity to Umass Lowell enhances its appeal, attracting potential tenants from the university community. A notable advantage is that tenants are responsible for paying utilities, which can contribute to positive cash flow. Additionally, there is a garage available for rent, offering an additional income stream for the property owner. Through due diligence, including viewing and financial analysis, this might be the right investment for you. Overall, this property holds promise for investors seeking a profitable venture in the Lowell area. Group showing 5/1/24 at 1230pm
  1. Listed by Nancy Antonopoulos • Crimson Real Estate Agency, LLC

Property Details for 215 Mt Hope Street

Town
Lowell
Area
MA-Lowell
Garage Spaces
1
Parking Spaces
1.00
Parking Spaces Total
2

Location

Listing Courtesy of Crimson Real Estate Agency, LLC, Nancy Antonopoulos
Add your commute
LISTING UPDATED: 04/30/2024 05:30 PM

Property Details for 215 Mt Hope Street

StatusActive
MLS #73226027
Days on Market14
Taxes$5,917 / year
HOA Fees-
Compass TypeMulti Family
MLS TypeMulti-family / 2 Family
Year Built1910
CountyMiddlesex County

Location

Listing Courtesy of Crimson Real Estate Agency, LLC, Nancy Antonopoulos
Add your commute

Building Information for 215 Mt Hope Street

Stories3Residences2Year Built1910Building Size-Lot Size0.09 AC / 4,050 SF

Payment Calculator

$3,686 per month

30 year fixed, 7.25% Interest

Principal and Interest

$3,193

Property Taxes

$493

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 215 Mt Hope Street

General Details
Property Details
  • Building Area Units: Square Feet
  • Community Features: Public Transportation
  • Living Area: 2951.0
  • Color: green/grey
  • SqFt with Basement: No
  • Total Units: 2
  • Waterfront: No
  • Water View: No
  • Year Built Details: Approximate
  • Year Built Source: Public Records
Features
Interior Features
  • Basement Features: Full, Unfinished Basement
  • Num of Baths: 3.0
  • Num of Full Baths: 3
  • Num of Half Baths: 0
  • Bathrooms Total Decimal: 3.00
  • Bathrooms Total Integer: 3
  • FireplaceYN: No
  • Fireplaces: 0
  • Flooring: Carpet, Hardwood
  • SpaYN: No
Exterior Features
  • Construction: Frame
  • Exterior Features: Porch - Enclosed
  • Lot Description: Corner Lot
  • Patio And Porch Features: Enclosed
  • Roof Material: Shingle
Parking Features
  • Covered Spaces: 1.00
  • Garage: Yes
  • Garage Parking: On Street Permit
  • Open Parking: Yes
  • Parking Features: On Street Permit
  • Parking Features: On Street Permit
Utilities
  • Electric: 110 Volts
  • Sewer: City/Town Sewer
  • Water: Public
Property Information
Property Info
  • Farm Land Area Units: Square Feet
  • WARRANTY: No
  • Lot Size Units: Acres
  • Road Frontage Type: Public
  • Disclosures: Property sold as is. Financials available,email listing agent
Tax Information
  • Tax ID: M:96 B:4220 L:215,3179494
  • Assessments: $476,400
  • Book: 7523
  • Tax Year: 2023
  • Zoning: TTF
Building / Association Information
Living Characteristics
  • Beds Total: 4
  • Total Living Levels: 3
Other Building Characteristics
  • Foundation: Stone
Income / Expenses
  • Annual Expenses Source: Other (See Remarks)
  • GOI: $48,000.00
  • NOI: $48,000.00
Complex & Association Information
  • Adult Community: No
Unit Information
Unit 1 Description
  • Floor U1: 1
  • Lease U1: N
  • Levels U1: 1
Unit 2 Description
  • Floor U2: 2
  • Lease U2: N
  • Levels U2: 1
Unit 3 Description
  • Lease U3: N
Unit 4 Description
  • Lease U4: N
Rental Info
Rental Info
  • Total Actual Rent: $4,000.00
Market and Agent Information
Sale Info
  • Buyer Broker Comp: 2
  • Other Agent Compensation: 2

Property History for 215 Mt Hope Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 215 Mt Hope Street

Taxable ValueLand$83,700Additions$392,700Total$476,400
Tax Record2023$5,917 ($493 / month)
Home Facts
Baths4.5Total Finished SqFt2,951 SqFtAbove Grade Finished SqFt2,951 SqFtUnfinished Basement SqFt1,965 SqFtStories1Lot Size4,050 SqFtStyleDuplexYear Built1910ZoningTTFCountyMIDDLESEXAPNLOWE M:96 B:4220 L:215

Schools near 215 Mt Hope 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
Charlotte M Murkland Elementary School
PublicPK to 4

Pawtucketville Memorial Elementary School
PublicPK to 4

C.W. Morey Elementary School
PublicPK to 4

Joseph McAvinnue 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.

Similar Homes

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215 Mt Hope Street is a multi-family home for sale in Lowell, MA 01854. This property was listed for sale on April 18, 2024 by Crimson Real Estate Agency, LLC, it's currently listed at $585,000. This listing's school district is Lowell School District. Nearby schools include Charlotte M Murkland Elementary School, Pawtucketville Memorial Elementary School and C.W. Morey Elementary School. 215 Mt Hope Street is a 4-bed, 3-bath, 2,951 sqft multi-family home built in 1910.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Crimson Real Estate Agency, LLC, Nancy Antonopoulos

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.