282 High St, Lowell, MA 01852
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$599,900
2 Unit
7 Beds
2 Baths
2130 SQFT
0.06 Acre

Property Description

Excellent investment opportunity, cap rate 7.9%. Front and back duplex, small private yard, 2 car on-street parking. Also serves as a terrific owner occupant. Lower belvedere location. easy access to downtown shopping and highways as well as Shed Park. Front unit is brick frame, and rear unit is wood frame Construction. Property is being sold "as is, where is." The property is also available as part of a 9-unit package deal, see MLS# 73318610. OPEN HOUSE on Friday, December 27th from 10:30 am until 12:30 pm.

Property Details tap to expand

Building Information

  • Total Units: 2
  • Total Floors: 5
  • Total Bedrooms: 7
  • Total Full Baths: 2
  • Common Appliances: Range, Refrigerator

Financial

  • APOD Available: Yes
  • Expenses Source: Pro. Forma Available
  • Gross Operating Income: 46596
  • Gross Expenses: 7105
  • Net Operating Income: 46596

Utilities

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

Unit 1 Description

  • Included in Rent: Gas, Water
  • Under Lease: Yes
  • Floors: 1
  • Levels: 3

Unit 2 Description

  • Included in Rent: Water
  • Under Lease: No
  • Floors: 1
  • Levels: 2

Construction

  • Year Built: 1900
  • Construction Type: Aluminum, Brick, Frame
  • Foundation Info: Fieldstone
  • Roof Material: Aluminum, Asphalt/Fiberglass Shingles
  • Lead Paint: Certified Treated, Yes
  • Warranty: No

Other Information

  • MLS ID# 73318112
  • Last Updated: 12/24/24
  • Terms: Contract for Deed, Rent w/Option

Property History tap to expand

Date Event Price Price/Sq Ft Source
12/24/2024New$599,900$282MLSPIN

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Seller's Representative: Paul Brouillette, LAER Realty Partners
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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MLS PIN data last updated at 2024-12-24 13:21:00

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