989 Lakeview Avenue

Lowell, MA 01850

$681,000
Last Sold Price
4
Beds
4
Baths
3,040 Sq. Ft.
$224 / Sq. Ft.
3,040
Sq. Ft.
$224
per Sq. Ft.

Description

Check out this well maintained four family on the Dracut line near the university. One-bedroom units, hardwood floors, gas heat, all separate utilities, with room for expansion in attic. Two car garage with off street parking. Many improvements include new gas fired heating in units 3 and 4, new roof in 2012, new boilers in 2015, renovated bathrooms in 2020, house painted in 2020, plus much, much more. Look to documents to get a list of recent improvements. Coin op laundry in basement. Rents under...Check out this well maintained four family on the Dracut line near the university. One-bedroom units, hardwood floors, gas heat, all separate utilities, with room for expansion in attic. Two car garage with off street parking. Many improvements include new gas fired heating in units 3 and 4, new roof in 2012, new boilers in 2015, renovated bathrooms in 2020, house painted in 2020, plus much, much more. Look to documents to get a list of recent improvements. Coin op laundry in basement. Rents under market with long term tenants, units 1 and 2 are TAW, unit 3 is vacant, unit 4 under lease until end of January 2024.
  1. Listed by Tom Courtney • LAER Realty Partners

Property Details for 989 Lakeview Avenue

Town
Lowell
Area
MA-Lowell
Garage Spaces
2
Parking Spaces
4.00
Parking Spaces Total
6

Location

Listing Courtesy of LAER Realty Partners, Tom Courtney

Sold By Four Points Real Estate, LLC, Candor Realty Group

Add your commute
LISTING UPDATED: 05/09/2023 08:22 AM

Property Details for 989 Lakeview Avenue

StatusSold
MLS #73087238
Days on Market23
Taxes$6,620 / year
HOA Fees-
Compass TypeMulti Family
MLS TypeMulti-family / 4 Family
Year Built1870
CountyMiddlesex County

Location

Listing Courtesy of LAER Realty Partners, Tom Courtney

Sold By Four Points Real Estate, LLC, Candor Realty Group

Add your commute

Building Information for 989 Lakeview Avenue

Stories6Residences4Year Built1870Building Size-Lot Size0.14 AC / 5,996 SF

Payment Calculator

$4,268 per month

30 year fixed, 7.25% Interest

Principal and Interest

$3,716

Property Taxes

$552

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 989 Lakeview Avenue

General Details
Property Details
  • Building Area Units: Square Feet
  • Community Features: Public Transportation, University
  • Current Financing: Conv. Fixed
  • Living Area: 3040.0
  • SqFt with Basement: No
  • Total Units: 4
  • Waterfront: No
  • Water View: No
  • Year Built Details: Approximate
  • Year Built Source: Public Records
Features
Interior Features
  • Appliances: Gas Water Heater
  • Basement Features: Full
  • 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: Yes
  • Fireplaces: 3
  • Flooring: Wood, Carpet, Laminate
Exterior Features
  • Construction: Frame
  • Exterior Features: Porch, Patio
  • Lot Description: Corner Lot, Level
  • Patio And Porch Features: Porch, Patio
  • Roof Material: Shingle
Parking Features
  • Covered Spaces: 2.00
  • Garage: Yes
  • Garage Parking: Off-Street, Paved Driveway
  • Open Parking: Yes
  • Parking Features: Off-Street, Paved Driveway
  • Parking Features: Off-Street, Paved Driveway
Utilities
  • Electric: Circuit Breakers
  • Heating: Natural Gas
  • Heating: Yes
  • Sewer: City/Town Sewer
  • Water: Public
Property Information
Property Info
  • Year Round: Yes
  • Farm Land Area Units: Square Feet
  • Lot Size Units: Acres
  • Road Frontage Type: Public
  • Disclosures: Fireplaces are not functional. Hardwood floors in units 1 and 2. Being sold "as is".
Tax Information
  • Listing Terms: Other (See Remarks)
  • Tax ID: M:132 B:3455 L:989,3184759
  • Assessments: $521,700
  • Book: 24834
  • Tax Year: 2022
  • Zoning: TTF
Building / Association Information
Living Characteristics
  • Beds Total: 4
  • Total Living Levels: 6
Other Building Characteristics
  • Foundation: Stone, Granite
Income / Expenses
  • Electricity: $360.00
  • Annual Expenses Source: Owner
  • GOI: $47,820.00
  • Gross Scheduled Income: $600.00
  • GRE: $9,260
  • NOI: $38,560.00
  • Operating Expense: $9,260.00
  • WSE: $1,500.00
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
  • Floor U3: 1
  • Lease U3: N
  • Levels U3: 1
Unit 4 Description
  • Floor U4: 2
  • Levels U4: 1
Rental Info
Rental Info
  • Total Actual Rent: $3,985.00
Market and Agent Information
Sale Info
  • Buyer Broker Comp: 2.0
  • Other Agent Compensation: 2.0

Property History for 989 Lakeview Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 989 Lakeview Avenue

Taxable ValueLand$96,800Additions$515,100Total$611,900
Tax Record2023$7,600 ($633 / month)
Home Facts
Baths4Total Finished SqFt3,040 SqFtAbove Grade Finished SqFt3,040 SqFtUnfinished Basement SqFt1,520 SqFtStories2Lot Size5,996 SqFtStyleMulti-Family Res (5+ Units)Year Built1870ZoningTTFCountyMIDDLESEXAPNLOWE M:132 B:3455 L:989

Schools near 989 Lakeview Avenue

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 LAER Realty Partners, Tom Courtney

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.