26 Cabot St, Lowell MA 01854
Lowell, MA 01854
$600,000
Est. $3,193/month
About this home
Prime Investment Opportunity! Fully Tenanted Multi-Family Property. Welcome to this lucrative investment opportunity in the heart of Lowell. This multi-family property boasts four units, each offering comfortable living spaces. Fully Tenanted & Hassle-Free, ensuring immediate cash flow for savvy investors. With reliable tenants already in place, enjoy the convenience of hassle-free management. Possible added space in unfinished basement.
Sale Statistics
Sale Overview
Original List Price:
$615,000
Final Sale Price:
$600,000
Difference:
$15,000 (-2.4%)
Performance Metrics
97.6%
List to Sale Ratio
Sold below asking price
46
Days on Market
Average time
Price per Square Foot Analysis
Original $/sq ft:
$244
Sale $/sq ft:
$238
This property sold for $238 per square foot
Sale Summary
This property sold for 2.4% below the original asking price.
The property spent 46 days on market before selling.
Facts & Features
Property Overview
Property Type
4 Family - 4 Units Side by Side
Property Category
Residential Income
Year Built
1880
Bedrooms
4
Full Bathrooms
5
Living Area
2,520 sq ft
Total Rooms
12
Stories
2
Levels
2
Interior Features
Has Fireplace
No
Appliances
Range, Refrigerator
Basement Details
Full, Unfinished
Exterior & Structure
Construction Materials
Frame
Roof
Shingle
Foundation
Stone
Has Spa
No
View
City View(s)
Has View
Yes
Waterfront Property
No
Lot & Land
Lot Size
0.05 acres
Lot Size
2,033 sq ft
Lot Size Area
0.0500
Lot Features
Level
Road Frontage Type
Public
Parking & Garage
Has Garage
No
Utilities & Systems
Water Source
Public
Sewer
Public Sewer
Community & HOA
Community Features
Public Transportation, Shopping, Park, Medical Facility, Laundromat, Highway Access, Private School, Public School, University
Senior Community
No
Financial & Tax Information
Annual Tax Amount
$5,321
Tax Year
2023
Tax Assessed Value
$428,400
Parcel Number
M:137 B:950 L:26,3185149
Zoning
UMU
Additional Details
Year Built Source
Public Records
Year Built Details
Approximate
Disclosures
New/separate meters have been installed but seller still include utilities in the rent. Basement has street level windows, you can possibly add space in unfinished basement.
Exclusions
Tenants Personal Belongings.
Location
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Neighborhood
26 Cabot St, Lowell MA 01854
Lowell, MA 01854
Walkability
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Schools
School information not available
Monthly Payment Calculator
%
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Estimated Monthly Payment
$0
Payment Breakdown
Principal & Interest
$0
Property Tax
$443
Homeowners Insurance
$200
PMI
$0
Property History
Market Insights
2.4%
Price Range
54
Total Days on Market
Property Timeline
Sold
Jul 15, 2024
$600,000
Property sold
Days on Market: 54
Listed for Sale
Apr 3, 2024
$615,000
Original listing
Office: View Real Estate Group
| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 07/15/2024 | âś“ Sold | $600,000 | - | - | Property sold |
| 04/03/2024 | 🏠Listed for Sale | $615,000 | - | - | Original listing |