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SOLD 4/29/2016

3 Burrill Place, Lowell, MA 01850$199,000

6
beds
2
baths
2876
ft2
· 4500
ft2 lot
$69 / ft2

Listing provided courtesy of Listing Broker: Lynn Smith, Coldwell Banker Residential Brokerage - Chelmsford
Source MLS PIN;
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INVESTORS OR OWNER OCCUPIED OPPORTUNITY: 2-Family with 6 bedroom 3/3 in a vinyl sided building, newer windows, forced hot air heating unit in attic for 2nd floor apartment. 1st floor occupied 10-year tenant, wants to stay pays rent of $1,200.00/month. Second floor is vacant for showings, clean ready to move in with 3-BR, living room, kitchen with stove and refrigerator, master w/large walk in closet, pantry small deck area. Off street parking with no traffic on street ideal for children. Only 3 houses on road the 2 other homes are single family. Unit # 5 second floor easily rents for $1,250.00+. Basement and walk-up attic space empty for possible storage or future expansion opportunity, not used by tenants. Property is professionally managed, new owner could keep contract in place. Separate utilities. Great Investment Property or Owner Occupied because it is conveniently located to UML, City, Parks, Walking trail on Merrimack River. # make sense on this property it won't last.

HOA

$—/month

On market

3 months

Year built

1900

Property type

2 Family 2 Units Up/Down

Parking

4

MLS

71953515

Price / Sq.Ft.

$69 / ft2

Status

Sold

Home details for 3 Burrill Place

Interior Features & Layout
Rooms Info
•   
Additional Rooms: Living Room, Dining Room, Kitchen, Family Room, Dining Room, Family Room
•   
Total Levels: 3, 3, 2
•   
Total Levels Unit 1: 1, 1
•   
Total Levels Unit 2: 2, 1
•   
Total Rooms Unit 1: 6
•   
Total Rooms Unit 2: 6
•   
Total Rooms: 12, 10, 12
Interior Features
•   
Electric Details: 220 Volts, Individually Metered
•   
Utility Description: Water, Other (See Remarks), Water, Hot Water, None
•   
Energy Details: Insulated Windows, Insulated Doors
•   
Interior Features: Walk-Up Attic, Cable TV Available, Pantry, High Speed Internet Hookup, Bathroom With Tub, Wall to Wall Carpet, Cable TV Available, Pantry, High Speed Internet Hookup
Heating & Cooling
•   
Heating Units: 2
•   
Heating Description Unit 1: Central Heat
•   
Heating Zones: 2
•   
Heating Description Unit2: Central Heat, Forced Air
Appliances
•   
Hot Water: Natural Gas
•   
Unit 2 Appliances: Range, Refrigerator, Refrigerator - ENERGY STAR
•   
Unit 1 Appliances: Range, Refrigerator, Cooktop - ENERGY STAR
Bedrooms Info
•   
Total Beds: 6
•   
Unit 2 Beds: 3
•   
Unit 1 Beds: 3
Bathrooms Info
•   
Full Baths: 2, 2
•   
Unit 2 Full Baths: 1
•   
Unit 1 Full Baths: 1
Flooring
•   
Flooring: Tile, Vinyl, Wall to Wall Carpet, Concrete, Laminate
Property, Lot, Community & Exterior Features
Community Info
•   
Total Units In Complex: 2
Exterior Features
•   
Color: Grey Blue
•   
Building Exterior Details: Vinyl, Porch, Fenced Yard, City View(s)
Property Type
•   
Property Type: 2 Family - 2 Units Up/Down
•   
Mls Prop Type: 2 Family - 2 Units Up/Down
•   
Mls Property Type: Multi-family
Community Features
•   
Area Amenities: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Laundromat, Highway Access, House of Worship, Private School, Public School, T-Station, University
Lot Info
•   
Zoning: Residentia
•   
Lot Description: Paved Drive, Level
•   
Acres: 0.10
Building Info
•   
Sqft Source: Public Record
•   
Square Ft. Disclosure: Living Area From Property Record Card
•   
Foundation: Poured Concrete
•   
Roof: Asphalt/Fiberglass Shingles, Asphalt/Composition Shingles
•   
Year Built Description: Approximate
•   
Water/Sewer Built: 840
•   
Lead Paint: Unknown
•   
Year Built Source: Public Record
•   
Construction Materials: Frame, Conventional (2x4-2x6)
Basement Info
•   
Basement
•   
Basement Details: Full
Parking Info
•   
Parking Descriptions: Off-Street
Utilities & Other Information
Water & Sewer Info
•   
Water Source: City/Town Water
•   
Sewer: 398, City/Town Sewer
•   
Sewer District: Lowel
Utilities
•   
Utilities: for Gas Range, for Electric Range, for Electric Oven, for Electric Dryer, Washer Hookup
Other
•   
Uffi: Unknown
Listing Details, Costs & Financing Information
Financial Info
•   
Insurance Expenses: 1453
•   
Fin Code: Other
•   
Finances Source: Accountant Provided, Owner Provided
•   
Apod Available
•   
Operating Expense: 12/15
Listing Info
•   
Offline Listing Number: 2222408
•   
Status: Sold
Lease Info
•   
Gross Revenue: 5145
•   
Gross Income: 29400
•   
Net Operating Income: 24255
•   
Rme: 489
•   
Monthly Rent Unit 1: 1200
•   
Monthly Rent Unit 2: 1250
•   
Mgf: 1200
•   
Lease 1
•   
Total Rent: 2500
•   
Rfs: 120
Terms
•   
Exclusions: All appliances will stay in as-is condition for both units. This makes it a turn-key opportunity.
•   
Terms Feature: Contract for Deed
Listing Details
•   
Disclosures: Quick close is possible. Owner of the property is the Molly Morgan LLC with 1 member of the LLC is a MA licensed realtor. First floor tenants are willing to stay long-term renters.
•   
Dislcosures
Tax/Assessment Info
•   
Tax Year: 2015
•   
Certificate Number: 12/19/2005
•   
Assessed Value: 209400.00
•   
Taxes: 3174.50
•   
Apn: 0154 0895 0003 0000
Listing Contacts
•   
Selling Agent: NB112054
School Neighborhood & Directions
Location
•   
Street Number: 3-5
•   
Map Book: 19646
•   
Area: Centralville
•   
Map Page: 280
•   
Directions: Desirable short street off of Lilly Ave Burrell Place is on left side. House on end of street
•   
Road Type: Public, Paved
School Info
•   
Elementary School: Lowell
•   
High School: Lowell High Sch
•   
Middle School: Lowell
Other
Other
•   
Main So: NB2778
Calculation
•   
Price Per Sqft: 69.19
•   
List Price Per Sqft: 75.45
•   
Sold Price Per Sqft: 69.19
•   
Cdom Property: 87
•   
Cdom Broker: 87
•   
Cdom: 87

Neighborhood snapshot

24
Properties for sale
16
Median days on market
$225.54
Median sold price/sqft
104.82%
Sold/List %
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Property History for 3 Burrill Place

11/26/2019
11/26/2019
MLS PIN #72539492
sold
MLS PIN #72539492
$328,000
09/03/2019
09/03/2019
MLS PIN #72539492
pending
MLS PIN #72539492
$328,000
07/30/2019
07/30/2019
MLS PIN #72539492
pending
MLS PIN #72539492
$328,000
07/23/2019
07/23/2019
MLS PIN #72539492
active
MLS PIN #72539492
$328,000
+64.82%
04/30/2016
04/30/2016
MLS PIN #71953515
sold
MLS PIN #71953515
$199,000

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