44 5th St
Lowell, MA 01850
- 12 beds
- 3 baths
- 4,363 sqft
- 5,100 sqft lot
- $119 per sqft
- 1930 build
- – on site
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$60,000 projecting annual rents opportunities: one 5-bedroom single family + 2-family (3 and 4 bedrooms) on a single corner lot. This fully-rented rare-find 3 family layout presents two options: investor with easy-to-rent or owner-occupied with almost-live-for-free-with-two-other-units-rents. All hardwood floors, separate utilities, both heat and hot water by gas; long term tenants(4yrs, 3 yrs and 4 yrs) with tenant at will. Single family tenant will move out at the end of May to move into their new purchase home. About 10 years ago, the 2nd floor of the 2-family was totally rebuilt due to fire damaged. Newer hot water tanks. With the current rental market and still low mortgage rate, for investor, it is easy-to-maintain rental property with great recurring income, for home owners, why rent if someone will pay for your mortgage?
Listing courtesy of MLSPIN
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Last updated May 27, 2023
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MLS# 72321686 —
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Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
8/23/18
Aug 23, 2018
|
Sold | MLSPIN | $522,000 | 987.5% (46.9% / YR) |
8/1/97
Aug 1, 1997
|
MLSPIN | $48,000 |