Amazing investment opportunity for both investors and first-time buyers located in the Back Central area. This two-family home boasts a prime location and two separate units, offering versatility and rental income potential. The ground floor unit has been completely renovate...
This home has been viewed 110 times
Last Checked: December 28th, 2024 at 5:19am (Source: MLS PIN #73163165)
Gross Income: $44,760
Gross Expenses: $3,947
Net Income Calc: $40,813
CAP Rate: 7.29%
Annual Expenses for 15-17 Whipple St, Lowell MA 01852
Total Gross Expenses (Calculated)$3,947/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax$3,947
Annual Income & Unit Breakdown for 15-17 Whipple St, Lowell MA 01852
Total Gross Income (Calculated)$44,760
Unit 1
Rental Income$1,545
LeaseN
Bedrooms1
Bathrooms1 Full
Floor1
Levels in Unit1
HeatingNo
Rent Includes
Unit 2
Rental Income$2,185
LeaseN
Bedrooms4
Bathrooms1 Full
Floor0
Levels in Unit2
HeatingNo
Rent Includes
General Information for 15-17 Whipple St, Lowell MA 01852
Listing ID73163165
Property TypeMulti Family
Price$559,999 ($220.82/SqFt)
StyleMulti Family
CityLowell
CountyMiddlesex
MLS Area
Neighborhood(s)
Approximate Living Area Total2,536 SqFt
Approximate Lot Size (Acres)0.06 acres
Total Parking0
Garage Parking
Year Built1910
Year Built SourcePublic Records
Year Renovated
Year Built DetailsApproximate
Water
Sewer
Electric
Hot Water
Roof Material
Basement
Construction MaterialsFrame
Lot Features
Foundation Area
Foundation DescriptionStone
Accessible Features
Outdoor Space
ZoningTMU
Zoning Details
Water ViewsNo
Water Views Features
WaterfrontNo
Waterfront Features
Energy Features
Terms
Disclosures for 15-17 Whipple St, Lowell MA 01852
Lead Paint
UFFI
Living Area Includes BasementYes
Living Area DisclosureBuyer to verify measurements. Listing Agent and Se
Building Area SourcePublic Records
Title 5
Exclusions
Disclosures
Financial Data Source
Total Gross Expenses By Broker$0
Total Gross Income By Broker$44,760
Total Net Income By Broker$44,760
For Sale By OwnerNo
Short Sale / Forclosure (Bank Owned)
Buyer Agent Compensation2%%
Facilitator Compensation
Sub-Agent Compensation
Compensation Based OnNet Sale Price
Financial Information for 15-17 Whipple St, Lowell MA 01852
Real Estate Taxes$3,947
Tax Year2023
Assessed Value$317,800
Financial Data Source
Total Gross Expenses By Broker$0
BostonRealEstate.com Gross Expenses
Total Gross Income By Broker$44,760
BostonRealEstate.com Gross Income
Total Net Income By Broker$44,760
BostonRealEstate.com Gross NOI
CAP Rate (based on Broker info)
CAP Rate (BostonRealEstate.com)7.29%
Location Information for 15-17 Whipple St, Lowell MA 01852
Elementary School
Middle School
High School
Neighborhood(s)
MLS Area
Area AmenitiesHighway Access, House Of Worship, Public School, Shopping, Park, Medical Facility, Laundromat, Public Transportation, University
Contact Information for 15-17 Whipple St, Lowell MA 01852