128-130 Mt. Washington Street, Lowell MA 01854
About this home
Great opportunity for the buyer of this fully tenanted four-family in the Acre. All four units currently occupied on leases, with a total monthly rent roll of $9,450.00. All units are separately metered and tenants are responsible for payment of own electric, heat, hot water and cooking. Unit electric panels are in each apartment. Owner has made extensive upgrades to the building during his ownership. During this time, he's installed furnaces, upgraded the electrical and plumbing as necessary, installed two rubber roofs and a sprinkler system. All units have had a cosmetic overhaul over the last year, including paint and flooring. This is a well maintained property by an active owner, therefore no deferred maintenance. All 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 quality property with a strong rental history and rents. Nothing to do but take ownership and reap the rewards.
Sale Statistics
This property sold for 3.7% above the original asking price, indicating strong buyer demand.
With only 18 days on market, this was a quick sale compared to typical market conditions.
Facts & Features
Property Overview
Interior Features
Exterior & Structure
Lot & Land
Parking & Garage
Utilities & Systems
Community & HOA
Financial & Tax Information
Additional Details
Location
Neighborhood
128-130 Mt. Washington Street, Lowell MA 01854
Lowell, MA 01854
Walkability
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Payment Breakdown
Property History
Market Insights
Property Timeline
Sold
Jul 1, 2024Listed for Sale
Apr 17, 2024| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 07/01/2024 | ✓ Sold | $985,000 | - | - | Property sold |
| 04/17/2024 | 🏠 Listed for Sale | $950,000 | - | - | Original listing |