316 Westford St, Lowell MA 01851
Lowell, MA 01851
$550,000
Est. $2,927/month
About this home
Huge price adjustment!!! Mixed use, rental income property, with a Thrift shop with a full bath on the first floor and two spacious apartments on the second and third floor. The second floor apartment has three bedrooms with pantry style kitchen and a full bath and living room. The third floor apartment has 4 bedrooms, a kitchen and full bath. All three units have newer Rinnai tankless furnace's and the rubber roof is approximately 7-8 yrs old. All rent could be much higher but all all long term tenants.
Sale Statistics
Sale Overview
Original List Price:
$729,900
Final Sale Price:
$550,000
Difference:
$179,900 (-24.6%)
Performance Metrics
75.4%
List to Sale Ratio
Sold below asking price
437
Days on Market
Extended listing
Price per Square Foot Analysis
Original $/sq ft:
$195
Sale $/sq ft:
$147
This property sold for $147 per square foot
Sale Summary
This property sold for 24.6% below the original asking price.
At 437 days on market, this property took longer than average to sell.
Facts & Features
Property Overview
Property Type
3 Family
Property Category
Residential Income
Year Built
1910
Bedrooms
7
Full Bathrooms
3
Living Area
3,744 sq ft
Total Rooms
12
Stories
3
Levels
3
Interior Features
Flooring
Wood, Vinyl
Heating
Baseboard, Natural Gas
Has Heating
Yes
Has Fireplace
No
Appliances
Range, Refrigerator
Interior Features
Square, Open Floorplan, Remodeled, Living Room, Kitchen
Basement Details
Full, Interior Entry
Window Features
Insulated Windows
Exterior & Structure
Construction Materials
Frame
Roof
Rubber
Foundation
Stone
Exterior Features
Balcony
Patio/Porch Features
Porch
Has Spa
No
Waterfront Property
No
Lot & Land
Lot Size
0.05 acres
Lot Size
2,111 sq ft
Lot Size Area
0.0500
Lot Features
Corner Lot
Road Surface Type
Paved
Road Frontage Type
Public
Parking & Garage
Has Garage
No
Total Non-Garage Parking Spaces
3
Utilities & Systems
Utilities Available
for Gas Range
Water Source
Public
Sewer
Public Sewer
Electric
Circuit Breakers, 100 Amp Service
Community & HOA
Community Features
Public Transportation, Shopping, Park, Laundromat, Highway Access, Private School, Public School, T-Station, University, Sidewalks
Senior Community
No
Financial & Tax Information
Annual Tax Amount
$6,400
Tax Year
2022
Tax Assessed Value
$344,700
Parcel Number
M:122 B:6285 L:316,3183327
Zoning
NB
Financial Data Source
Owner
Additional Details
Year Built Source
Public Records
Year Built Details
Approximate
Disclosures
First floor is currently being used as a barber shop, All Tenants are TAW.
Exclusions
Tenants Personal Properties. All The Property In First Floor Shop Is Owned By The Tenant.
Location
Loading map...
Neighborhood
316 Westford St, Lowell MA 01851
Lowell, MA 01851
Walkability
Loading Walk Score...
Schools
School information not available
Monthly Payment Calculator
%
%
Estimated Monthly Payment
$0
Payment Breakdown
Principal & Interest
$0
Property Tax
$533
Homeowners Insurance
$200
PMI
$0
Property History
Market Insights
438
Total Days on Market
Property Timeline
Sold
Dec 8, 2023
$550,000
Property sold
Days on Market: 438
Listed for Sale
Aug 29, 2022
$550,000
Original listing
Agent: Kevin Durkin
Office: LAER Realty Partners
| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 12/08/2023 | âś“ Sold | $550,000 | - | - | Property sold |
| 08/29/2022 | 🏠Listed for Sale | $550,000 | - | - | Original listing |