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316 Westford St, Lowell, MA 01851$689,900
7
beds
3
baths
3744
ft2
· 2111
ft2 lot
$184 / ft2
Listing provided courtesy of Kevin Durkin, LAER Realty Partners
Source MLS PIN;
Huge price adjustment!!! Mixed use, rental income property, with a barber shop with a full bath on the first floor and two spacious apartments on the second and third floor. The second floor apartment has three bedrooms with pantry style kitchen and a full bath and living room. The third floor apartment has 4 bedrooms, a kitchen and full bath. All three units have newer Rinnai tankless furnace's and the rubber roof is approximately 7-8 yrs old. All rent could be much higher but all all long term tenants.
HOA
No HOA
On market
5 months
Year built
1910
Property type
3 Family
Parking
3
MLS
73030229
Price / Sq.Ft.
$184 / ft2
Status
Active
Buyer’s Brokerage Commission
2%
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Home details for 316 Westford St
Interior Features & Layout
Appliances
•
Kitchen Appliances: Unit 2(Range, Refrigerator), Unit 3(Range, Refrigerator), Gas Water Heater, Tank Water Heaterless, Utility Connections for Gas Range
Heating & Cooling
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Has Heating
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Heating Details: Unit 1(Hot Water Baseboard, Gas)
Interior Features
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Interior Features: Unit 1(Square, Open Floor Plan), Unit 1 Rooms(Other (See Remarks)), Unit 2 Rooms(Living Room, Kitchen), Unit 3 Rooms(Kitchen)
Bathrooms Info
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Full Baths: 3
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Total Bathrooms: 3
Flooring
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Flooring: Wood, Vinyl
Rooms Info
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Total Rooms: 12
Property, Lot, Community & Exterior Features
Building Info
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Building Area Source: Public Records
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Building Area Units: Square Feet
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Window Features: Insulated Windows
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Basement: Full, Interior Entry
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Property Condition: Unit 1 Remodeled
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Roof: Rubber
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Foundation Details: Stone
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Total Sq. Ft.: 3744
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MLS Property Type: Residential Income
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Number of Stories: 6
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Year Built Source: Public Records
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Construction Materials: Frame
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Year Built Details: Approximate
Multi-Unit Info
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Number Of Units Total: 3
Lot Info
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Road Surface: Paved
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Zoning Type: NB
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Lot Details: Corner Lot
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Lot Size Area: 2111
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Acres: 0.05
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Lot Size Units: Acres
Community Info
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Number Of Units In Community: 3
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Community Features: Public Transportation, Shopping, Park, Laundromat, Highway Access, Private School, Public School, T-Station, University, Sidewalks
Parking Info
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Parking Spaces: 3
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Open Parking Yes/No: true
Property Features
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Patio And Porch Features: Porch
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Exterior Features: Balcony
Utilities & Other Information
Water & Sewer Info
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Water Source: Public
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Sewer: Public Sewer
Utility Info
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Utilities: for Gas Range
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Electric: Circuit Breakers, 100 Amp Service
Listing Details, Costs & Financing Information
Financial Info
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Water Sewer Expense: 1250
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Gross Income: 58800
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Insurance Expense: 4100
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Gross Scheduled Income: 2400
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Operating Expense: 10950
Listing Info
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Exclusions: Tenants Personal Properties. All The Equipment In Barber Shop Is Owned By The Tenant.
Lease Info
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Net Operating Income: 50050
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Monthly Rent: 4950
Listing Details
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Seller Disclosure: First Floor Is Currently Being Used As A Barber Shop, All Tenants Are Taw.
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Status: Active
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Originating System Name: MLS Property Information Network
Tax/Assessment Info
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Tax Year: 2022
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Assessed Value: 344700
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Taxes: 6400
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APN: M:122 B:6285 L:316, 3183327
Other
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Electric Expense: 500
School Neighborhood & Directions
Location
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Zip Code: 01851
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Zip Code +4: 2526
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Directions: Westford St on the corner of Hastings st. Cupples Sq
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