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110 Branch St Unit B, Unit E

Lowell, MA 01851
  • $299,900
  • STATUS: Under Agreement
  • MLS #: 73154255
Pending
UPDATED: 85 min ago
$299,900
  • 4
    BEDS
  • N/A
    ACRES
  • 2
    BATHS
  • 0
    1/2 BATHS
  • 1,668
    SQFT
  • $180
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1895
County:
Area:

School Ratings & Info

Listing courtesy of Mei Zhou of Coldwell Banker Realty - Andover.

Description

Hands-Free investment package with annual PROJECTING gross rents for more than $40K. This condo complex consists of 11units, was converted in 2005/2006. These two units are both on the 1st floor, each unit has two bedrooms and a full bathroom, gas heated with hardwood floor through out. Unit E has granite counter top open floor kitchen, and one Deeded off-street parking; Tenants pay rents on time. Lead-paint compliance certificates are both on hand. Total condo fees for both units is $468.39 ($236.45 + $231.94) per month. Owning these two units is like having two-family rental benefits without two-family maintenance troubles and expenses(condo fees pays for master insurance, roof, exteriors, water/sewer, alarm, etc). With ever increasing market rent rate (see the Lowell Housing Fair Market Rents), it is perfect investment to hedge the inflation while receiving positive cash flow. First showing starts this Sunday 9/3 open house from noon - 2:00 pm.

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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. Data last updated 2023-09-28T09:05:32.807.
www.brianflynnteam.com/homes/143004383
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110 Branch St Unit B, Unit E Lowell, MA 01851

  • Price: $299,900
  • Status: Under Agreement
  • On Site: Days
  • Updated: 85 min ago
  • MLS #: 73154255
4
Beds
2
Baths
0
½ Baths
N/A
Acres
1,668
SQFT
$180
$/SQFT
1895
Built
Neighborhood:
Highlands
County:
Middlesex
Area:
Highlands
Property Description
Hands-Free investment package with annual PROJECTING gross rents for more than $40K. This condo complex consists of 11units, was converted in 2005/2006. These two units are both on the 1st floor, each unit has two bedrooms and a full bathroom, gas heated with hardwood floor through out. Unit E has granite counter top open floor kitchen, and one Deeded off-street parking; Tenants pay rents on time. Lead-paint compliance certificates are both on hand. Total condo fees for both units is $468.39 ($236.45 + $231.94) per month. Owning these two units is like having two-family rental benefits without two-family maintenance troubles and expenses(condo fees pays for master insurance, roof, exteriors, water/sewer, alarm, etc). With ever increasing market rent rate (see the Lowell Housing Fair Market Rents), it is perfect investment to hedge the inflation while receiving positive cash flow. First showing starts this Sunday 9/3 open house from noon - 2:00 pm.
Exterior Features

Color Light Grey Construction Materials Frame Covered Spaces 0 Exterior Features Porch Garage YN No Lot Features Corner LotLevel Open Parking YN Yes Parking Features Off StreetOn StreetDeeded Parking Total 1 Patio And Porch Features Porch Road Frontage Type Public Road Responsibility Public Maintained Road Road Surface Type Paved Roof Rubber Spa YN No View City View(S) View YN Yes Waterfront YN No

Interior Features

Appliances Unit 1(RangeMicrowaveRefrigerator)Unit 2(RangeRefrigerator)Utility Connections For Gas Range Basement PartialInterior EntryUnfinished Building Area Total 1668 Cooling Unit 1(Window Ac)Unit 2(Window Ac) Cooling YN Yes Fireplace YN No Fireplaces Total 0 Flooring TileHardwoodUnit 1(Undefined)Unit 2(Tile FloorHardwood Floors) Foundation Details Stone Heat Units 2 Heat Zones 2 Heating Unit 1(Hot Water BaseboardGas)Unit 2(Hot Water BaseboardGas) Heating YN Yes Interior Features Unit 1(Lead Certification AvailableStorageBathroom With TubOpen Floor Plan)Unit 2(Lead Certification AvailableBathroom With Tub)Unit 1 Rooms(KitchenLiving Rm/Dining Rm Combo)Unit 2 Rooms(Living RoomDining RoomKitchen) Lead Paint Certified Treated Rooms Total 7

Property Features

Buyer Agency Compensation 2% Community Features Public TransportationShoppingMedical FacilityLaundromatHighway AccessPublic SchoolUniversity Contingency Pending P&S Disclosures Seller Never Lives There. Buyer Agent And Buyer To Conduct Their Own Due Diligence. For Privacy ConcernWe Do Not List The Unit B Monthly Rent Amount. Electric 110 Volts Gross Income 0 Home Warranty YN No Net Operating Income 0 Property Sub Type 2 Family - 2 Units Side By Side Rent Includes Unit 1(Water)Unit 2(Water) Senior Community YN No Sewer Public Sewer Tax Annual Amount 2982.8 Tax Year 2023 Total Actual Rent 0 Transaction Broker Compensation 2% Utilities For Gas Range Water Source Public Year Built Details ApproximateRenovated Since Year Round Yes Zoning Na

Listing information © 2023 MLS Property Information Network. All information is deemed reliable but should be independently verified.
Listing provided courtesy of Mei Zhou of Coldwell Banker Realty - Andover: 978-475-2201.


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. Data last updated 2023-09-28T09:05:32.807.
 
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Listing courtesy of Mei Zhou of Coldwell Banker Realty - Andover.