491 Concord Street

Lowell, MA 01852

$580,000
Price
6
Beds
2
Baths
1
1/2 Bath
2,535 Sq. Ft.
$229 / Sq. Ft.
2,535
Sq. Ft.
$229
per Sq. Ft.

Description

Fantastic investment opportunity! This 2 family property is sure to impress. The whole building was fully gutted and rebuilt with roof/furnace/electricity/plumbing update in 2015. In both units you will find 3 sizable bedrooms, spacious living room and well appointed kitchen. There is potential to tear down garage and build new multi-family house facing Perry Street. Buyers to do all the due diligence. This property is located near shopping, restaurants and parks! Easy access to Downtown Lowell,...Fantastic investment opportunity! This 2 family property is sure to impress. The whole building was fully gutted and rebuilt with roof/furnace/electricity/plumbing update in 2015. In both units you will find 3 sizable bedrooms, spacious living room and well appointed kitchen. There is potential to tear down garage and build new multi-family house facing Perry Street. Buyers to do all the due diligence. This property is located near shopping, restaurants and parks! Easy access to Downtown Lowell, Routes 93 and 495. Perfect for both investors and first-time buyers! Both units are occupied and tenancy at will.
  1. Listed by Jiahui Wang • Greenland Real Estate LLC

Property Details for 491 Concord Street

Town
Lowell
Area
MA-Lowell
Garage Spaces
4
Parking Spaces
4.00
Parking Spaces Total
8

Location

Listing Courtesy of Greenland Real Estate LLC, Jiahui Wang
Add your commute
LISTING UPDATED: 04/08/2024 04:44 PM

Property Details for 491 Concord Street

StatusUnder Agreement
MLS #73215774
Days on Market16
Taxes$5,392 / year
HOA Fees-
Compass TypeMulti Family
MLS TypeMulti-family / 2 Family - 2 Units Up/Down
Year Built1900
CountyMiddlesex County

Location

Listing Courtesy of Greenland Real Estate LLC, Jiahui Wang
Add your commute

Building Information for 491 Concord Street

Stories3Residences2Year Built1900Building Size-Lot Size0.14 AC / 6,256 SF

Payment Calculator

$3,615 per month

30 year fixed, 7.25% Interest

Principal and Interest

$3,165

Property Taxes

$449

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 491 Concord Street

General Details
Property Details
  • Building Area Units: Square Feet
  • Living Area: 2535.0
  • SqFt with Basement: No
  • Total Units: 2
  • Waterfront: No
  • Year Built Details: Approximate
  • Year Built Source: Public Records
Features
Interior Features
  • Basement Features: Full
  • Num of Baths: 3.0
  • Num of Full Baths: 2
  • Num of Half Baths: 1
  • Bathrooms Total Decimal: 2.50
  • Bathrooms Total Integer: 3
  • FireplaceYN: No
  • Fireplaces: 0
  • SpaYN: No
Parking Features
  • Covered Spaces: 4.00
  • Garage: Yes
  • Garage Parking: Paved Drive
  • Open Parking: Yes
  • Parking Features: Paved Drive
Utilities
  • Electric: 110 Volts, Circuit Breakers
  • Sewer: City/Town Sewer
  • Water: Public
Property Information
Property Info
  • Farm Land Area Units: Square Feet
  • WARRANTY: No
  • Lot Size Units: Acres
  • Disclosures: Both units are deleaded but the seller can't find the certificate at this moment.
Tax Information
  • Tax ID: M:203 B:1445 L:491,3193427
  • Assessments: $434,100
  • Book: 28008
  • Tax Year: 2023
  • Zoning: TTF
Building / Association Information
Living Characteristics
  • Beds Total: 6
  • Total Living Levels: 3
Other Building Characteristics
  • Foundation: Concrete Perimeter
Income / Expenses
  • GOI: $46,800.00
  • NOI: $46,800.00
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
Rental Info
Rental Info
  • Total Actual Rent: $3,800.00
Market and Agent Information
Sale Info
  • Buyer Broker Comp: 2
  • Other Agent Compensation: 1

Property History for 491 Concord 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 491 Concord Street

Taxable ValueLand$107,900Additions$326,200Total$434,100
Tax Record2023$5,392 ($449 / month)
Home Facts
Baths2.5Total Finished SqFt2,535 SqFtAbove Grade Finished SqFt2,535 SqFtStories2Lot Size6,256 SqFtStyleDuplexYear Built1900ZoningTTFCountyMIDDLESEXAPNLOWE M:203 B:1445 L:491

Schools near 491 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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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 Greenland Real Estate LLC, Jiahui Wang

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.