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SOLD 5/12/2016

559 Broadway Street, Lowell, MA 01854

18
beds
8
baths
7606
ft2
· 4816
ft2 lot

$350,000

$46 / ft2

Listing provided courtesy of Listing Broker: Salihu Mohammed, Dick Lepine Real Estate,Inc.
Source MLS PIN;
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Attention investors! Calling on all serious investors on this solid investment opportunity. This is an 8 family building. Six units consist of 4 rooms, 2 bedrooms and 1 bath and two units have 5 rooms, 3 bedrooms and 1 bath. Completely separate utilities,some new windows and mostly heated by forced hot air by gas. Rubber roof is only about 8yr old . Currently fully rented with rents way below market. Conveniently located close to shopping, laundromat, UMASS Lowell and much more. This is a diamond in the rough that needs some TLC to bring back the shine and full potential for return on your investment. Look beyond the rough and see a great money making potential. The numbers work in every way! Priced to sell and can close quickly!!

HOA

$—/month

On market

15 days

Year built

1890

Property type

5 9 Family

Parking

MLS

71955549

Price / Sq.Ft.

$46 / ft2

Status

Sold

Home details for 559 Broadway Street

Interior Features & Layout
Interior Features
•   
Electric Details: Circuit Breakers
Appliances
•   
Hot Water: Natural Gas
Rooms Info
•   
Total Levels: 3, 3, 2
•   
Total Levels Unit 1: 1, 1
•   
Total Levels Unit 2: 2, 1
•   
Total Rooms Unit 1: 4
•   
Total Rooms Unit 2: 4
•   
Total Rooms: 8, 34, 8
Bedrooms Info
•   
Total Beds: 18
•   
Unit 2 Beds: 2
•   
Unit 1 Beds: 2
Bathrooms Info
•   
Full Baths: 8, 8
•   
Unit 2 Full Baths: 1
•   
Unit 1 Full Baths: 1
Property, Lot, Community & Exterior Features
Community Info
•   
Total Units In Complex: 8
Property Type
•   
Property Type: 5-9 Family
•   
Mls Prop Type: 5-9 Family
•   
Mls Property Type: Multi-family
Lot Info
•   
Zoning: UMU
•   
Lot Description: Corner
•   
Acres: 0.11
Building Info
•   
Sqft Source: Public Record
•   
Foundation: Fieldstone
•   
Year Built Description: Approximate
•   
Lead Paint: Unknown
•   
Year Built Source: Public Record
Basement Info
•   
Basement
•   
Basement Details: Full
Parking Info
•   
Parking Descriptions: On Street Permit
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: 2225152
•   
Status: Sold
Financial Info
•   
Fin Code: Conv. Fixed
Lease Info
•   
Gross Income: 99999
•   
Net Operating Income: 99999
•   
Monthly Rent Unit 1: 700
•   
Monthly Rent Unit 2: 700
•   
Total Rent: 5875
Tax/Assessment Info
•   
Tax Year: 2015
•   
Assessed Value: 487600.00
•   
Taxes: 7548.00
Listing Contacts
•   
Selling Agent: G8000463
School Neighborhood & Directions
Location
•   
Street Number: 559
•   
Map Book: 10454
•   
Map Page: 78
•   
Directions: School Street to Broadway.
Other
Other
•   
Main So: D49801
Calculation
•   
Price Per Sqft: 46.02
•   
List Price Per Sqft: 52.58
•   
Sold Price Per Sqft: 46.02
•   
Cdom Property: 16
•   
Cdom Broker: 16
•   
Cdom: 16

Neighborhood snapshot

30
Properties for sale
17
Median days on market
$234.06
Median sold price/sqft
105.12%
Sold/List %
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Property History for 559 Broadway Street

05/13/2016
05/13/2016
MLS PIN #71955549
sold
MLS PIN #71955549
$350,000
05/12/2016
05/12/2016
Public Record
sold
Public Record
$350,000
+109.58%
10/08/1999
10/08/1999
Public Record
sold
Public Record
$167,000
+203.64%
12/01/1997
12/01/1997
Public Record
sold
Public Record
$55,000
+10.00%
12/06/1995
12/06/1995
Public Record
sold
Public Record
$50,000
See more property history

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