46 Howard St, Lowell, MA 01851
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$700,000
4 Unit
6 Beds
4 Baths
3337 SQFT
0.06 Acre

Property Description

46 Howard Street is well-located in the Highlands neighborhood of Lowell’s Downtown. The Property contains four (4) units comprised of one (1) commercial unit, two (2), 2-Bedroom/1 Bathroom units and one (1) 2+ Bedroom/1-Bathroom townhouse style unit. The building features 3,337 square feet of living area in 5,619 gross square feet on 0.06-acres of land. The building has separately metered heat, hot water, and electricity which the tenants pay. The property has a current cap rate of 7.25%.

Property Details tap to expand

Building Information

  • Total Units: 4
  • Total Floors: 6
  • Total Bedrooms: 6
  • Total Full Baths: 4

Financial

  • APOD Available: No
  • Gross Operating Income: 70440
  • Gross Expenses: 19671
  • Water/Sewer: 2139
  • INSC: 5335
  • Net Operating Income: 50769

Utilities

  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

  • Under Lease: No
  • Floors: 2
  • Levels: 1

Unit 2 Description

  • Under Lease: No
  • Floors: 2
  • Levels: 1

Unit 3 Description

  • Under Lease: No
  • Floors: 1
  • Levels: 2

Unit 4 Description

  • Under Lease: Yes
  • Floors: 1
  • Levels: 1

Construction

  • Year Built: 1900
  • Type: 4 Family
  • Foundation Info: Other (See Remarks)
  • Lead Paint: Unknown
  • Warranty: No

Other Information

  • MLS ID# 73296364
  • Last Updated: 10/04/24

Property History tap to expand

Date Event Price Price/Sq Ft Source
10/04/2024Active$700,000$210MLSPIN
09/30/2024New$700,000$210MLSPIN
10/26/2023Expired$680,000$204MLSPIN
10/26/2023Expired$680,000$204MLSPIN
10/20/2023Active$680,000$204MLSPIN
10/20/2023Active$680,000$204MLSPIN
10/16/2023Price Change$680,000$204MLSPIN
10/16/2023Price Change$680,000$204MLSPIN
08/14/2023New$730,000$219MLSPIN
08/14/2023New$730,000$219MLSPIN
07/01/2023Expired$699,000$209MLSPIN
06/23/2023Active$699,000$209MLSPIN
06/19/2023Price Change$699,000$209MLSPIN
05/20/2023Active$730,000$219MLSPIN
05/16/2023New$730,000$219MLSPIN

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Seller's Representative: Spencer Norton, Horvath & Tremblay
Sub Agent Compensation: n/a
Buyer Agent Compensation: 2
Facilitator Compensation: n/a
Compensation Based On: Net Sale Price
Sub-Agency Relationship Offered: No

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MLS PIN data last updated at 2024-10-04 03:05:00

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