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SOLD 4/29/2016

241 Appleton St, Lowell, MA 01852

8
beds
6
baths
3416
ft2
· 3523
ft2 lot

$187,000

$55 / ft2

Listing provided courtesy of Listing Broker: Christopher Sciacca, RE/MAX Partners
Source MLS PIN;
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Fully occupied 8 unit investment property with great cash flow. Building needs work and updating. Newer roof. Two heating systems for all units are in good working order. Includes all appliances. (5 refrig/5 stoves). Units are a mix of 1 br and studio apts. 5 Off-street parking spaces. Rents are $450, $450, $450, $560, $650, $650, $650, and $675. Present monthly cash flow is $4,535. This is a great investment property with even more future potential once new owner has completed renovations.

HOA

$—/month

On market

4 months

Year built

1900

Property type

5 9 Family

Parking

5

MLS

71940267

Price / Sq.Ft.

$55 / ft2

Status

Sold

Home details for 241 Appleton St

Interior Features & Layout
Heating & Cooling
•   
Heating Units: 2
Appliances
•   
Hot Water: Natural Gas
Rooms Info
•   
Total Levels: 3, 7, 2
•   
Total Levels Unit 1: 1, 1
•   
Total Levels Unit 2: 1, 1
•   
Total Levels Unit 3: 1
•   
Total Rooms Unit 1: 3
•   
Total Rooms Unit 2: 2
•   
Total Rooms Unit 3: 2
•   
Total Rooms Unit 4: 2
•   
Total Rooms: 11, 15, 11
Flooring
•   
Unit 4 Floor Level: 2
Bedrooms Info
•   
Total Beds: 8
•   
Unit 4 Beds: 1
•   
Unit 3 Beds: 1
•   
Unit 2 Beds: 1
•   
Unit 1 Beds: 1
Bathrooms Info
•   
Full Baths: 6, 6
•   
Unit 4 Full Baths: 1
•   
Unit 3 Full Baths: 1
•   
Unit 2 Full Baths: 1
•   
Unit 1 Full Baths: 1
Property, Lot, Community & Exterior Features
Community Info
•   
Total Units In Complex: 8
Exterior Features
•   
Color: Red
•   
Building Exterior Details: Porch
Property Type
•   
Property Type: 5-9 Family
•   
Mls Prop Type: 5-9 Family
•   
Mls Property Type: Multi-family
Community Features
•   
Area Amenities: Public Transportation, Shopping
Lot Info
•   
Zoning: B3001
•   
Lot Description: Paved Drive
•   
Acres: 0.08
Building Info
•   
Sqft Source: Public Record
•   
Foundation: Fieldstone
•   
Roof: Asphalt/Fiberglass Shingles
•   
Year Built Description: Approximate
•   
Lead Paint: Unknown
•   
Year Built Source: Public Record
Basement Info
•   
Basement
•   
Basement Details: Full
Parking Info
•   
Parking Descriptions: Off-Street
Utilities & Other Information
Water & Sewer Info
•   
Water Source: City/Town Water
•   
Sewer: City/Town Sewer
Listing Details, Costs & Financing Information
Listing Info
•   
Offline Listing Number: 2206840
•   
Status: Sold
Financial Info
•   
Fin Code: Cash
Lease Info
•   
Gross Income: 38220
•   
Net Operating Income: 38220
•   
Monthly Rent Unit 1: 675
•   
Monthly Rent Unit 2: 650
•   
Monthly Rent Unit 3: 650
•   
Monthly Rent Unit 4: 650
•   
Total Rent: 4535
Listing Details
•   
Disclosures: Listing agent is related to owners.
Tax/Assessment Info
•   
Tax Year: 2015
•   
Assessed Value: 249100.00
•   
Taxes: 3856.00
•   
Apn: M:000161 T:W03153
Listing Contacts
•   
Selling Agent: g8000054
School Neighborhood & Directions
Location
•   
Street Number: 241
•   
Map Book: 2403
•   
Map Page: 390
•   
Directions: Diagonally across from The Owl Diner, near downtown
•   
Road Type: Public
•   
Zip Code +4: 2531
Other
Other
•   
Main So: G62134
Calculation
•   
Price Per Sqft: 54.74
•   
List Price Per Sqft: 73.16
•   
Sold Price Per Sqft: 54.74
•   
Cdom Property: 141
•   
Cdom Broker: 141
•   
Cdom: 141

Neighborhood snapshot

52
Properties for sale
18
Median days on market
$254.20
Median sold price/sqft
103.90%
Sold/List %
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Property History for 241 Appleton St

04/29/2016
04/29/2016
Public Record
sold
Public Record
$187,000

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