***BONUS LOT*** Looking for a good investment property? This commuter friendly 5 family located in Lowell also comes with a vacant 5473 sf lot(15 Auburn Street) currently used for parking which also generates income. Buyer to perform due diligence/research on potential development of vacant lot. Rubber roof replaced approx 6 yrs ago. Heat supplied: 2 units gas FHA, 2 units Electric and 1 unit Gas FHW baseboard. 2nd Fl units are new. All units gas hot water. Property currently renting under market value with separate utilities. Lead Safe Homes indicates 4 out of 5 units have lead compliance.
Sale Statistics
Sale Overview
Original List Price:$889,000
Final Sale Price:$890,000
Difference:
+$1,000 (+0.1%)
Performance Metrics
100.1%
List to Sale Ratio
Sold above asking price
138
Days on Market
Extended listing
Price per Square Foot Analysis
Original $/sq ft:$155
Sale $/sq ft:$155
This property sold for $155 per square foot
Sale Summary
This property sold for 0.1% above the original asking price, indicating strong buyer demand.
At 138 days on market, this property took longer than average to sell.
Facts & Features
Property Overview
Property Type
5+ Family - 5+ Units Side by Side
Property Category
Residential Income
Year Built
1900
Bedrooms
9
Full Bathrooms
5
Living Area
5,749 sq ft
Total Rooms
22
Stories
6
Levels
6
Interior Features
Flooring
Wood, Tile, Vinyl
Has Fireplace
No
Appliances
Range
Basement Details
Full, Dirt Floor, Unfinished
Exterior & Structure
Construction Materials
Frame, Stone
Roof
Rubber
Foundation
Stone
Has Spa
No
Waterfront Property
No
Lot & Land
Lot Size
0.07 acres
Lot Size
2,970 sq ft
Lot Size Area
0.0700
Lot Features
Level
Road Frontage Type
Public
Parking & Garage
Has Garage
No
Total Non-Garage Parking Spaces
16
Parking Features
Off Street, Stone/Gravel
Utilities & Systems
Water Source
Public
Sewer
Public Sewer
Electric
200+ Amp Service, Individually Metered
Community & HOA
Community Features
Public Transportation, Shopping
Senior Community
No
Financial & Tax Information
Annual Tax Amount
$8,248
Tax Year
2023
Tax Assessed Value
$664,100
Parcel Number
M:181 B:6095 L:16
Zoning
TTF
Financial Data Source
Owner
Additional Details
Year Built Source
Public Records
Year Built Details
Approximate
Disclosures
Building being sold as is as shown. According to Lead Safe Homes 1.0 website, 4 out of 5 unit have letters of deleading compliance issued to previous owner(s). New owners /agents to verify compiance. All current tenants at will interested in staying. Vacant lot generates approx $5000 year in parking
