244-246 Concord Street

Lowell, MA 01852

$1,100,000
Price
14
Beds
6
Baths
6,359 Sq. Ft.
$173 / Sq. Ft.
6,359
Sq. Ft.
$173
per Sq. Ft.

Description

Located in Lowell, Massachusetts, this multifamily property is well positioned in-between three major highways and offers quick and convenient access to downtown Boston in just 40 minutes via the commuter rail. The property consists of 6 units across +/- 6,300 SF, featuring a mix of one- and three- bedroom units that range in size between 700 and 1,000 square feet. The property features two off-street tandem style parking spaces and outdoor space in the rear of the building for its residents to enjoy....Located in Lowell, Massachusetts, this multifamily property is well positioned in-between three major highways and offers quick and convenient access to downtown Boston in just 40 minutes via the commuter rail. The property consists of 6 units across +/- 6,300 SF, featuring a mix of one- and three- bedroom units that range in size between 700 and 1,000 square feet. The property features two off-street tandem style parking spaces and outdoor space in the rear of the building for its residents to enjoy. 244-246 Concord Street represents a value-add opportunity for both investors and end users through unit renovations and upgrades to common areas.
  1. Listed by Kevin Benzinger • Boston Realty Advisors

Property Details for 244-246 Concord Street

Town
Lowell
MLS Area
Belvidere
Area
MA-Lowell-Belvidere, MA-Lowell
Garage Spaces
0
Parking Spaces
2.00
Parking Spaces Total
2

Location

Listing Courtesy of Boston Realty Advisors, Kevin Benzinger
Add your commute
LISTING UPDATED: 04/24/2024 03:16 PM

Property Details for 244-246 Concord Street

StatusContingent
MLS #73218840
Days on Market22
Taxes$99 / year
HOA Fees-
Compass TypeMulti Family
MLS TypeMulti-family / 5-9 Family
Year Built1900
CountyMiddlesex County

Location

Listing Courtesy of Boston Realty Advisors, Kevin Benzinger
Add your commute

Building Information for 244-246 Concord Street

Stories9Residences6Year Built1900Building Size-Lot Size0.10 AC / 4,356 SF

Payment Calculator

$6,011 per month

30 year fixed, 7.25% Interest

Principal and Interest

$6,003

Property Taxes

$8

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 244-246 Concord Street

General Details
Property Details
  • Building Area Units: Square Feet
  • Living Area: 6359.0
  • Color: Red
  • SqFt with Basement: No
  • Total Units: 6
  • Waterfront: No
  • Water View: No
  • Year Built Details: Approximate
  • Year Built Source: Public Records
Features
Interior Features
  • Basement Features: Unfinished Basement
  • Num of Baths: 6.0
  • Num of Full Baths: 6
  • Num of Half Baths: 0
  • Bathrooms Total Decimal: 6.00
  • Bathrooms Total Integer: 6
  • FireplaceYN: No
  • Fireplaces: 0
  • Flooring: Other
  • SpaYN: No
Exterior Features
  • Exterior Features: Outdoor Gas Grill Hookup
  • Lot Description: Other
Parking Features
  • Covered Spaces: .00
  • Garage: No
  • Garage Parking: Off-Street, Tandem, On Street Permit, Paved Driveway
  • Open Parking: Yes
  • Parking Features: Off-Street, Tandem, On Street Permit, Paved Driveway
  • Parking Features: Off-Street, Tandem, On Street Permit, Paved Driveway
Utilities
  • Electric: Other (See Remarks)
  • Green Energy Efficient: Other (See Remarks)
  • Sewer: City/Town Sewer
  • Utility Connections: Outdoor Gas Grill Hookup
  • Water: Public
Property Information
Property Info
  • Year Round: Yes
  • Farm Land Area Units: Square Feet
  • WARRANTY: No
  • Lot Size Units: Acres
  • Road Frontage Type: Public
Tax Information
  • Tax ID: M09920
  • Assessments: $843,700
  • Book: 99
  • Tax Year: 0
  • Zoning: 99
Building / Association Information
Living Characteristics
  • Beds Total: 14
  • Total Living Levels: 9
Other Building Characteristics
  • Foundation: Other
Income / Expenses
  • Electricity: $.00
  • Annual Expenses Source: Owner
  • GOI: $127,920.00
  • Gross Scheduled Income: $.00
  • Insurance: $7,900.00
  • GRE: $45,384
  • MGF: $3,690
  • MSE: $0
  • RFS: $4,546
  • RME: $6,000
  • NOI: $75,480.00
  • Operating Expense: $45,384.00
  • WSE: $.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: 1
Unit 3 Description
  • Floor U3: 3
  • Lease U3: Y
  • Levels U3: 1
Unit 4 Description
  • Floor U4: 1
  • Lease U4: Y
  • Levels U4: 1
Rental Info
Rental Info
  • Total Actual Rent: $10,000.00
Market and Agent Information
Sale Info
  • Buyer Broker Comp: 1.5
  • Other Agent Compensation: 0

Property History for 244-246 Concord Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Schools near 244-246 Concord 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 - K to 4
Rating
School
Distance
Shaughnessy Elementary School
PublicPK to 4

Reilly Elementary School
PublicPK to 4

Abraham Lincoln Elementary School
PublicPK to 4

Moody Elementary School
PublicK 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 Boston Realty Advisors, Kevin Benzinger

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.