Well maintained two family near UMASS Lowell and downtown. Gas heat, all separate utilities, long term tenants both TAW. Laundry in basement with storage unit. Set on a corner lot with oversized one car garage. Plenty of off-street parking.
This home has been viewed 20 times
Last Checked: May 7th, 2024 at 12:01am (Source: MLS PIN #73065763)
Gross Income: $26,400
Gross Expenses: $4,327
Net Income Calc: $22,073
CAP Rate: 5.66%
Annual Expenses for 866 Lakeview Ave, Lowell MA 01850
Total Gross Expenses (Calculated)$4,327/year
APOD AvailableNo
Heating
Electricity$120
Water$830
Gas$830
Insurance
Sewer$830
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax$3,377
Annual Income & Unit Breakdown for 866 Lakeview Ave, Lowell MA 01850
Total Gross Income (Calculated)$26,400
Unit 1
Rental Income$1,200
LeaseN
Bedrooms1
Bathrooms1 Full
Floor1
Levels in Unit1
HeatingYes
Rent IncludesUnit 1(water), Unit 2(water)
Unit 2
Rental Income$1,000
LeaseN
Bedrooms1
Bathrooms1 Full
Floor2
Levels in Unit1
HeatingYes
Rent IncludesUnit 1(water), Unit 2(water)
General Information for 866 Lakeview Ave, Lowell MA 01850
Listing ID73065763
Property TypeMulti Family / 2 Family
Price$389,900 ($321.97/SqFt)
Style2 Family - 2 Units Up/down
CityLowell
CountyMiddlesex
MLS Area
Neighborhood(s)
Approximate Living Area Total1,211 SqFt
Approximate Lot Size (Acres)0.11 acres
Total Parking7 (1 Garage)
Garage Parking1 / Detached
Year Built1930
Year Built SourcePublic Records
Year Renovated
Year Built DetailsApproximate
Water
Sewer
Electric
Hot Water
Roof Material
Basement
Construction MaterialsFrame
Lot FeaturesCorner Lot
Foundation Area
Foundation DescriptionStone
Accessible Features
Outdoor Space
ZoningTMF
Zoning Details
Water ViewsNo
Water Views Features
WaterfrontNo
Waterfront Features
Energy Features
Terms
Disclosures for 866 Lakeview Ave, Lowell MA 01850
Lead Paint
UFFI
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourcePublic Records
Title 5
Exclusions
Disclosures
Financial Data SourceOwner
Total Gross Expenses By Broker$950
Total Gross Income By Broker$26,400
Total Net Income By Broker$25,450
For Sale By OwnerNo
Short Sale / Forclosure (Bank Owned)
Buyer Agent Compensation2.0
Facilitator Compensation2.0
Sub-Agent Compensation
Compensation Based OnNet Sale Price
Financial Information for 866 Lakeview Ave, Lowell MA 01850
Real Estate Taxes$3,377
Tax Year2022
Assessed Value$266,100
Financial Data SourceOwner
Total Gross Expenses By Broker$950
BostonRealEstate.com Gross Expenses
Total Gross Income By Broker$26,400
BostonRealEstate.com Gross Income
Total Net Income By Broker$25,450
BostonRealEstate.com Gross NOI
CAP Rate (based on Broker info)
CAP Rate (BostonRealEstate.com)5.66%
Location Information for 866 Lakeview Ave, Lowell MA 01850
Elementary School
Middle School
High School
Neighborhood(s)
MLS Area
Area AmenitiesHighway Access, Shopping, Public Transportation, University
Contact Information for 866 Lakeview Ave, Lowell MA 01850