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SOLD 3/31/2016

53 W 4th Street, Lowell, MA 01850$425,000

12
beds
6
baths
7678
ft2
· 3248
ft2 lot
$55 / ft2

Listing provided courtesy of Listing Broker: Edna Chalmers, EA Realty Team
Source MLS PIN;
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Great Investment Opportunity! Turn Key Property! INCOME $4550+ PER MONTH BASED ON CURRENT RENTS (rents are below market value). The whole house, was renovated in 2010 with kitchen, baths, electric, hot water and appliances and three of the units were freshly painted and decorated in the last year. Heat is electric and maintained by the tenants in each unit. Roof is 9 years old. Two of the units on the first floor are Garden Style Units. Two units on second floor are Townhouse Style with four additional rooms of which 2/3 are bedrooms on the third floor.

HOA

$—/month

On market

6 days

Year built

1920

Property type

4 Family 4 Units Up/Down

Parking

MLS

71964618

Price / Sq.Ft.

$55 / ft2

Status

Sold

Home details for 53 W 4th Street

Interior Features & Layout
Rooms Info
•   
Additional Rooms: Living Room, Kitchen, Living Room, Dining Room, Kitchen, Living Room, Living Room, Dining Room, Kitchen
•   
Total Levels: 3, 6, 6
•   
Total Levels Unit 1: 1, 1
•   
Total Levels Unit 2: 2, 2
•   
Total Levels Unit 3: 1, 1
•   
Total Levels Unit 4: 2
•   
Total Rooms Unit 1: 4
•   
Total Rooms Unit 2: 8
•   
Total Rooms Unit 3: 4
•   
Total Rooms Unit 4: 8
•   
Total Rooms: 24, 24, 24
Interior Features
•   
Electric Details: 100 Amps
•   
Utility Description: Water, Water, Water, Water
•   
Energy Details: Insulated Windows
•   
Interior Features: Cable TV Available, Lead Certification Available, High Speed Internet Hookup, Cable TV Available, Lead Certification Available, High Speed Internet Hookup, Cable TV Available, Lead Certification Available, High Speed Internet Hookup, Lead Certification Available, High Speed Internet Hookup
Heating & Cooling
•   
Heating Description Unit4: Electric Baseboard, Individual, Unit Control
•   
Heating Units: 6
•   
Heating Description Unit 1: Central Heat, Electric Baseboard, Unit Control
•   
Heating Details: Electric
•   
Heating Zones: 6
•   
Heating Description Unit2: Electric Baseboard, Individual, Unit Control
•   
Heating Description Unit3: Electric Baseboard, Individual, Unit Control
Appliances
•   
Hot Water: Natural Gas, Electric, Tank
•   
Unit 4 Appliances: Range, Refrigerator
•   
Unit 3 Appliances: Range, Refrigerator
•   
Unit 2 Appliances: Range, Refrigerator
•   
Unit 1 Appliances: Range, Refrigerator
Flooring
•   
Unit 4 Floor Level: 2
•   
Flooring: Vinyl, Wall to Wall Carpet
Bedrooms Info
•   
Total Beds: 12
•   
Unit 4 Beds: 5
•   
Unit 3 Beds: 2
•   
Unit 2 Beds: 5
•   
Unit 1 Beds: 2
Bathrooms Info
•   
Full Baths: 6, 6
•   
Unit 4 Full Baths: 2
•   
Unit 3 Full Baths: 1
•   
Unit 2 Full Baths: 2
•   
Unit 1 Full Baths: 1
Property, Lot, Community & Exterior Features
Community Info
•   
Total Units In Complex: 4
Exterior Features
•   
Color: White
•   
Building Exterior Details: Vinyl, Fenced Yard
Property Type
•   
Property Type: 4 Family - 4 Units Up/Down
•   
Mls Prop Type: 4 Family - 4 Units Up/Down
•   
Mls Property Type: Multi-family
Community Features
•   
Area Amenities: Public Transportation, Shopping, Medical Facility, Highway Access, House of Worship, Public School, T-Station, University
Lot Info
•   
Zoning: Res
•   
Lot Description: Fenced/Enclosed, Level
•   
Acres: 0.07
Building Info
•   
Foundation Size: 9999
•   
Sqft Source: Other
•   
Square Ft. Disclosure: This GLA includes the top floor which has 2/3 bedrooms, full bath abd sitting room,
•   
Foundation: Fieldstone
•   
Roof: Asphalt/Fiberglass Shingles
•   
Year Built Description: Actual
•   
Water/Sewer Built: 750
•   
Lead Paint: Certified Treated
•   
Year Built Source: Public Record
•   
Construction Materials: Frame
Basement Info
•   
Basement
•   
Basement Details: Full
Parking Info
•   
Parking Descriptions: Common
Utilities & Other Information
Water & Sewer Info
•   
Water Source: City/Town Water
•   
Sewer: 375, City/Town Sewer
Utilities
•   
Electric: 420
Listing Details, Costs & Financing Information
Financial Info
•   
Insurance Expenses: 1700
•   
Fin Code: Conv. Fixed
•   
Finances Source: Owner Provided
•   
Apod Available
•   
Operating Expense: 12/15
Listing Info
•   
Offline Listing Number: 2238391
•   
Status: Sold
Lease Info
•   
Gross Revenue: 3900
•   
Gross Income: 54600
•   
Net Operating Income: 50700
•   
Rme: 280
•   
Monthly Rent Unit 1: 950
•   
Monthly Rent Unit 2: 1400
•   
Monthly Rent Unit 3: 1000
•   
Lease 1
•   
Monthly Rent Unit 4: 1400
•   
Lease 2
•   
Total Rent: 4550
•   
Rfs: 375
Tax/Assessment Info
•   
Tax Year: 2015
•   
Assessed Value: 274900.00
•   
Taxes: 4586.08
Listing Details
•   
Dislcosures
Listing Contacts
•   
Selling Agent: TM314895
School Neighborhood & Directions
Location
•   
Street Number: 53-55
•   
Map Book: 25338
•   
Map Page: 15
•   
Directions: Bridge to W 4th Street
•   
Road Type: Public, Paved, Publicly Maint., Sidewalk
Other
Other
•   
Main So: AN1199
Calculation
•   
Price Per Sqft: 55.35
•   
List Price Per Sqft: 56.64
•   
Sold Price Per Sqft: 55.35
•   
Cdom Property: 69
•   
Cdom Broker: 69
•   
Cdom: 69

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 53 W 4th Street

05/09/2016
05/09/2016
MLS PIN #71964618
sold
MLS PIN #71964618
$425,000

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