24 Whitehead Avenue, Lowell, MA
Not Available - Off MarketPrice Reduced $50,000
0
This Property is No Longer Available
24 Whitehead Avenue, Lowell, MA 01852
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$1,299,000
4 Unit
10 Beds
4 Baths
4972 SQFT
0.31 Acre

Property Description

Incredible investment opportunity with this historic, stunning, updated, 4-family home. Situated on a side street in the Belvidere neighborhood, the property offers effortless access to highways, transportation, shopping, dining & more. This 4,972 SF home boasts large rooms, impressive hardwood floors, intricate woodwork, ornate moldings and built-ins, 10 bedrooms, 4 baths, 3 fireplaces, in-unit laundries, and ample parking. Unit 1 and Unit 2 have 2 bedrooms, and Unit 3 and Unit 4 each have 3 bedrooms. The 2,429 SF multi-room basement is fascinating, with architectural brick arches and massive storage. The current rent is significantly low due to the relationship with tenants. Anticipated income is $130,000 +, annually. All units have month-to-month leases. Don't miss this unique opportunity to purchase a part of history.

Property Details tap to expand

Building Information

  • Total Units: 4
  • Total Floors: 6
  • Total Bedrooms: 10
  • Total Full Baths: 4
  • Total Fireplaces: 4
  • Amenities: Highway Access, House of Worship, Laundromat, Medical Facility, Park, Private School, Public School, Public Transportation, Shopping, Walk/Jog Trails
  • Basement Features: Bulkhead, Concrete Floor, Full
  • Common Rooms: Kitchen, Living Room
  • Common Appliances: Dishwasher, Dryer, Range, Refrigerator, Washer
  • Common Heating: Extra Flue, Gas, Gas, Heat Pump, Hot Air Gravity, Hot Water Baseboard

Financial

  • APOD Available: Yes
  • Expenses Source: Accountant Provided, Owner Provided
  • Gross Operating Income: 90600
  • Gross Expenses: 12032
  • Electric Expenses: 180
  • Water/Sewer: 3170
  • INSC: 3682
  • Repairs & Maintenance: 5000
  • Net Operating Income: 90600

Utilities

  • Heat Zones: 4
  • Electric Info: 200 Amps
  • Energy Features: Insulated Windows
  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

  • Included in Rent: Water
  • Under Lease: No
  • Floors: 1
  • Levels: 1

Unit 2 Description

  • Included in Rent: Water
  • Under Lease: No
  • Floors: 1
  • Levels: 1

Unit 3 Description

  • Included in Rent: Water
  • Floors: 2
  • Levels: 1

Unit 4 Description

  • Included in Rent: Water
  • Under Lease: No
  • Floors: 2
  • Levels: 2

Construction

  • Year Built: 1890
  • Type: 4 Family
  • Construction Type: Aluminum, Frame
  • Foundation Info: Fieldstone
  • Roof Material: Aluminum, Asphalt/Fiberglass Shingles
  • Flooring Type: Hardwood
  • Lead Paint: Unknown
  • Warranty: No

Other Information

  • MLS ID# 73285613
  • Last Updated: 11/27/24

Property History tap to expand

Date Event Price Price/Sq Ft Source
11/25/2024Canceled$1,299,000$261MLSPIN
11/23/2024Temporarily Withdrawn$1,299,000$261MLSPIN
10/06/2024Active$1,299,000$261MLSPIN
10/02/2024Price Change$1,299,000$261MLSPIN
09/09/2024Active$1,349,000$271MLSPIN
09/05/2024New$1,349,000$271MLSPIN

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Seller's Representative: Jack Andrellos, Berkshire Hathaway HomeServices Commonwealth Real Estate
Sub Agent Compensation: n/a
Buyer Agent Compensation: n/a
Facilitator Compensation: n/a
Compensation Based On: n/a
Sub-Agency Relationship Offered: No

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The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information 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. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.

MLS PIN data last updated at 2024-11-27 03:30:00

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