Jon Crandall - LAER Realty Partners

73 Aiken Ave, Lowell, MA 01850

Multi-Family

$875,000
Price

6
Units
4,610
Approx. GLA
Here is a great investment opportunity for the saavy investor - 6 units in this home and all are currently occupied. There are 4 three-bedroom units and 2 one-bedroom units and a shared fenced yard. Heat is included in the rent for the one bedroom units and is separately metered for the others. The one-bedroom unit not listed in the unit descriptions is on the third floor. This property has been de-leaded. Conveniently located close to shops, downtown Lowell, trails and conservation areas.
Open House
No scheduled Open Houses
Highlights
Basement Features: Full
List Price: $875,000
Type: Multi-Family
Multi-Family Type: 5-9 Family
Status: Active
Beds: 11
Baths: 6
Units: 6
Year Built: 1890
Approx. GLA: 4,610
MLS#: 72913476
 
Interior
Basement: Yes
Electricity Cost: $300
Rooms: 25
Lead Paint: Certified Treated
Total Floors: 3
UFFI: Unknown
Exterior
Water: No
Acres: 0.12
Lot Size: 5,337.00
Lot Description: Corner
Foundation: Fieldstone
Parking Features: On Street Permit
Road Type: Public, Publicly Maint.
Color: Tan
Construction: Frame
Roof Material: Asphalt/Fiberglass Shingles
Utility: for Gas Range
Exterior: Vinyl
Exterior Features: Porch
Water: City/Town Water
Water: City/Town Water
Taxes
Short Sale Lender Approval: No
Lender Owned: No
APOD Available: Yes
Assessed Price: $652,600
Taxes: $8,784
Tax Year: 2021
Book/Page: 30684/256
Warranty Available: No
Beach
Beach: No
Expenses
Expenses Source: Owner Provided
Gross Income: $80,400
Gross Expenses: $34,197
Total Rent: $6,700
Net Income: $46,200
Gas Cost: $2,500
Insurance Cost: $6,800
Refuse Cost: $5,476
R&M Cost: $2,000
Water Cost: $4,713
Misc. Cost: $3,600
 
Additional
Amenities: Public Transportation
Disclosure Declaration: Yes
Units
Total Rooms Bedrooms Fireplaces Floors Full Baths Half Baths Lease Levels Rent
Unit 1 5 3 0 1 1 0 No 1 $1,300
Unit 2 5 3 0 1 1 0 Yes 1 $1,200
Unit 3 5 3 0 2 1 0 No 1 $1,200
Unit 4 5 3 0 2 1 0 No 1 $1,200
Units Extras
Common
Cooling:  None  Rooms:  Other (See Remarks) 
The listing office is LAER Realty Partners and the listing agent is Debi Malone. The property listing data and information, or the images, 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, and the images, 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 it's subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the images, set forth herein. The data was last modified on 11/30/2021 7:35:00 AM.