254 West 6th Street

Lowell, MA 01850

$925,000
Price
13
Beds
4
Baths
6,936 Sq. Ft.
$133 / Sq. Ft.
6,936
Sq. Ft.
$133
per Sq. Ft.

Description

High quality Centralville 5-unit (four residential & one commercial) just a couple of minutes from the Dracut line. All four residential units are currently occupied with a total monthly rent roll of $6,400.00. All units are separately metered and tenants are responsible for payment of own electric, heat, hot water and cooking. Commercial unit has been gutted out. The new owner can either renovate the commercial space or apply via the city to convert to residential. Owner makes no representations...High quality Centralville 5-unit (four residential & one commercial) just a couple of minutes from the Dracut line. All four residential units are currently occupied with a total monthly rent roll of $6,400.00. All units are separately metered and tenants are responsible for payment of own electric, heat, hot water and cooking. Commercial unit has been gutted out. The new owner can either renovate the commercial space or apply via the city to convert to residential. Owner makes no representations regarding its use,w/all permitting and potential future use of the commercial space the responsibility of the buyer. Two driveways, providing an ample amount of parking for the property. This is a well maintained property by active owner, therefore no deferred maintenance. All residential 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
  1. Listed by Brian Donoghue • Universal Property Management

Property Details for 254 West 6th Street

Town
Lowell
MLS Area
Centralville
Area
MA-Lowell-Centralville, MA-Lowell
Garage Spaces
0
Parking Spaces
8.00
Parking Spaces Total
8

Location

Listing Courtesy of Universal Property Management, Brian Donoghue
Add your commute
LISTING UPDATED: 04/15/2024 03:05 AM

Property Details for 254 West 6th Street

StatusUnder Agreement
MLS #73217270
Days on Market18
Taxes$6,894 / year
HOA Fees-
Compass TypeMulti Family
MLS TypeMulti-family / 5+ Family - 5+ Units Up/Down
Year Built1910
CountyMiddlesex County

Location

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

Building Information for 254 West 6th Street

Stories6Residences5Year Built1910Building Size-Lot Size0.16 AC / 6,965 SF

Payment Calculator

$5,623 per month

30 year fixed, 7.25% Interest

Principal and Interest

$5,048

Property Taxes

$575

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 254 West 6th Street

General Details
Property Details
  • Building Area Units: Square Feet
  • Community Features: Public Transportation, Shopping, Medical Facility, Highway Access, House of Worship, Private School, Public School, T-Station, University
  • Living Area: 6936.0
  • SqFt with Basement: No
  • Total Units: 5
  • Waterfront: No
  • Year Built Details: Actual,Renovated Since
  • 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: 4.0
  • Num of Full Baths: 4
  • Num of Half Baths: 0
  • Bathrooms Total Decimal: 4.00
  • Bathrooms Total Integer: 4
  • FireplaceYN: No
  • Fireplaces: 0
  • Flooring: Varies
  • SpaYN: No
Exterior Features
  • Lot Description: Corner Lot
  • Roof Material: Shingle
Parking Features
  • Covered Spaces: .00
  • Garage: No
  • Garage Parking: Paved Drive, Off-Street, Improved Driveway, Paved Driveway
  • Open Parking: Yes
  • Parking Features: Paved Drive, Off-Street, Improved Driveway, Paved Driveway
  • Parking Features: Off-Street, Improved Driveway, Paved Driveway
Utilities
  • Electric: Circuit Breakers
  • Green Energy Efficient: Varies per Unit
  • Sewer: City/Town Sewer
  • Utility Connections: for Gas Range
  • Water: Public
Property Information
Property Info
  • Farm Land Area Units: Square Feet
  • WARRANTY: No
  • Lot Size Units: Acres
  • Road Frontage Type: Public
  • Disclosures: Seller is aware that the beam in the commercial space needs repair or reinforcement and it will be done before closing.
Tax Information
  • Tax ID: 3186963
  • Assessments: $555,100
  • Book: 22584
  • Tax Year: 2024
  • Zoning: TMF
Building / Association Information
Living Characteristics
  • Beds Total: 13
  • Total Living Levels: 6
Other Building Characteristics
  • Foundation: Other
  • Heat Units: 4
Income / Expenses
  • GOI: $76,800.00
  • NOI: $76,800.00
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: 2
Unit 3 Description
  • Floor U3: 1
  • Lease U3: N
  • Levels U3: 1
Unit 4 Description
  • Floor U4: 2
  • Lease U4: N
  • Levels U4: 2
Rental Info
Rental Info
  • Total Actual Rent: $6,400.00
Market and Agent Information
Sale Info
  • Buyer Broker Comp: 2%
  • Other Agent Compensation: N/A

Property History for 254 West 6th 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 254 West 6th Street

Taxable ValueLand$127,000Additions$383,000Total$510,000
Tax Record2023$6,334 ($528 / month)
Home Facts
Total Finished SqFt6,936 SqFtAbove Grade Finished SqFt6,936 SqFtUnfinished Basement SqFt2,466 SqFtStories3Lot Size6,965 SqFtStyleMulti-Family Res (5+ Units)Year Built1910ZoningTMFCountyMIDDLESEXAPNLOWE M:155 B:6040 L:254

Schools near 254 West 6th 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
S Christa Mcauliffe Elementary School
PublicPK to 4

Abraham Lincoln Elementary School
PublicPK to 4

Reilly Elementary School
PublicPK to 4

Greenhalge 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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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 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.