Beds4
Baths4
Sq.Ft.3,040
Year1870
Andrew Chapman - Chapman Real Estate Grp
(978) 381-5272
Status:
Sold
Property Type:4 Family
MLS #:73087238
Sq. Feet:3,040
Date Sold:5/8/2023
Lot Size:0.14 Acres
County:Middlesex
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.
Detailed Maps
Price Change History
Date | Old Price | New Price | Percent Change |
5/9/2023 | $659,900 | $681,000 | 3.2% |
Community Information
Address:989 Lakeview Ave, Lowell, MA 01850
County:Middlesex
City:Lowell
Zip Code:01850
Architecture
Bedrooms:
4
Bathrooms:
4
Year Built:1870
Stories:6
Construction Materials: Frame
Building Area: 3040
Roof: Shingle
Foundation: Stone, Granite
Basement: Full
Garage Yes/No: Yes
Garage Spaces: 2
Parking Features: Off Street, Paved
Covered Spaces: 2
Parking Total: 4
Features / Amenities
Appliances: Gas Water Heater
Fireplace Yes/No: Yes
Flooring: Wood, Carpet, Laminate
Patio And Porch: Porch, Patio
Heating: Natural Gas
Total Rooms:12
Property Features
Lot Size:
0.14 Acres
Lot Features: Corner Lot, Level
Sewer: Public Sewer
Water: Public
Electric: Circuit Breakers
Road Frontage: Public
Zoning:TTF
Directions:Lakeview Ave on the Dracut line.
Tax and Financial Info
Tax Year: 2022
Tax Annual Amount: $6,620
Current Financing: Conv. Fixed
Contingency: Financing
Gross Income: $47,820
Gross Scheduled Income: $600
Net Operating Income: $38,560
Electric Expense: $360
Water/Sewer Expense: $1,500
Operating Expense: $9,260
Terms: Other (See Remarks)
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Disclosures: Fireplaces are not functional. Hardwood floors in units 1 and 2. Being sold "as is".
Listing Agent/Office
Listing provided courtesy of Tom Courtney, Laer Realty Partners.
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Listing Information Last Updated 3/28/2024