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Sold for $850,000 on 09/06/24
  • $850,000

    103 Powell St, Lowell, MA 01851

    7beds
    3,557sqft
    4 Family - 4 Units Up/Down
    Built in 1900
    -- sqft lot
    $-- Zestimate®
    $239/sqft
    $-- Estimated rent

    What's special

    Great opportunity for the buyer of this fully tenanted four-family in the Highlands. All four units currently occupied, two on leases and two are TAW, with a total monthly rent roll of $6990.00. All units are separately metered and tenants are responsible for payment of own electric, heat, hot water and cooking. Unit electric panels and hot water tanks are in the basement. Each unit has its own heating system(s). This is a well maintained property by an active owner, therefore no deferred maintenance. Three units are lead compliant w/certificates of deleading in hand. Location is on public transit and within a short distance of all area amenities. This is a solid property with a strong rental history and rents. Two long-term tenants of approx. 10 years.

    Zillow last checked: 7 hours ago

    Listing updated: September 07, 2024 at 08:07am

    Listed by:

    Brian Donoghue,

    Universal Property Management

    Bought with:

    Hung Tran

    Town Hall Realty, Inc.

    Source: MLS PIN,MLS#: 73263545

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 7
    • Bathrooms: 4
    • Full bathrooms: 4
    Features
    • Flooring: Varies
    • Basement: Unfinished
    • Has fireplace: No
    Interior area
    • Total structure area: 3,557
    • Total interior livable area: 3,557 sqft

    Property

    Parking
    • Total spaces: 4
    • Parking features: Paved Drive, Off Street, Driveway, Paved
    • Has uncovered spaces: Yes
    Features
    • Patio & porch: Porch, Enclosed, Deck
    Lot
    • Size: 4,792 sqft
    • Features: Level
    Details
    • Parcel number: 3183861
    • Zoning: TMF

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: 4 Family - 4 Units Up/Down
    Materials
    • Frame
    • Foundation: Other
    • Roof: Shingle,Rubber
    Condition
    • Year built: 1900

    Utilities & green energy

    • Electric: Circuit Breakers
    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Varies per Unit

    Community & neighborhood

    Community
    • Community features: Public Transportation, Shopping, Medical Facility, Laundromat, Highway Access, House of Worship, Private School, Public School, T-Station, University
    Location
    • Region: Lowell

    HOA & financial

    Other financial information
    • Total actual rent: 6990
    Services availability
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