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SOLD 8/3/2021

65 Whipple St, Lowell, MA 01852$490,000

8
beds
4
baths
3228
ft2
· 2720
ft2 lot
$152 / ft2

Listing provided courtesy of Listing Broker: Patrick Hermans, J. Borstell Real Estate, Inc.
Source MLS PIN;
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Large and fully separately metered four family property with plenty of room to increase rents and create great cashflow. All tenants are TAW. Don't miss this opportunity to get a competitively priced multifamily in an area with extremely high rental demand. Just walking distance to nearby bus stops. With cosmetic updates throughout, the investor can take advantage of bringing the building up to date and increasing the rents to market rate. Solid bones and low expenses makes this an easy one to manage. All four units have long term tenants..

HOA

$—/month

On market

a month

Year built

1900

Property type

4 Family

Parking

MLS

72820879

Price / Sq.Ft.

$152 / ft2

Status

Sold

Home details for 65 Whipple St

Interior Features & Layout
Heating & Cooling
•   
Heating Units: 4
•   
Heating Zones: 4
Appliances
•   
Hot Water: Natural Gas
Interior Features
•   
Utility Description: Water, Water, Water, Water
Rooms Info
•   
Total Levels: 2, 6, 4
•   
Total Levels Unit 1: 1, 1
•   
Total Levels Unit 2: 1, 1
•   
Total Levels Unit 3: 2, 1
•   
Total Levels Unit 4: 1
•   
Total Rooms Unit 1: 3
•   
Total Rooms Unit 2: 3
•   
Total Rooms Unit 3: 4
•   
Total Rooms Unit 4: 5
•   
Total Rooms: 15, 14, 15
Flooring
•   
Unit 4 Floor Level: 2
Bedrooms Info
•   
Total Beds: 8
•   
Unit 4 Beds: 3
•   
Unit 3 Beds: 2
•   
Unit 2 Beds: 2
•   
Unit 1 Beds: 1
Bathrooms Info
•   
Full Baths: 4, 4
•   
Unit 4 Full Baths: 3
•   
Unit 3 Full Baths: 2
•   
Unit 2 Full Baths: 2
•   
Unit 1 Full Baths: 1
Property, Lot, Community & Exterior Features
Community Info
•   
Total Units In Complex: 4
Property Type
•   
Property Type: 4 Family
•   
Mls Prop Type: 4 Family
•   
Mls Property Type: Multi-family
Lot Info
•   
Zoning: TMF
•   
Lot Description: Corner
•   
Acres: 0.06
Building Info
•   
Sqft Source: Public Record
•   
Foundation: Fieldstone
•   
Year Built Description: Approximate
•   
Lead Paint: Certified Treated, Unknown
•   
Year Built Source: Public Record
Basement Info
•   
Basement
•   
Basement Details: Full
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: 3239226
•   
Oh Flag: 1
•   
Status: Sold
Financial Info
•   
Fin Code: Conv. Fixed
Lease Info
•   
Gross Income: 35400
•   
Net Operating Income: 35400
•   
Monthly Rent Unit 1: 700
•   
Monthly Rent Unit 2: 700
•   
Monthly Rent Unit 3: 750
•   
Monthly Rent Unit 4: 800
Tax/Assessment Info
•   
Tax Year: 2020
•   
Assessed Value: 369500.00
•   
Taxes: 4936.50
Listing Contacts
•   
Selling Agent: CN215999
School Neighborhood & Directions
Location
•   
Street Number: 65-67
•   
Directions: Corner of Whipple and Kinsman
•   
Road Type: Public
Other
Other
•   
Main So: AC0594
Calculation
•   
Price Per Sqft: 151.80
•   
List Price Per Sqft: 162.64
•   
Sold Price Per Sqft: 151.80
•   
Cdom Property: 38
•   
Cdom Broker: 38
•   
Cdom: 38

Neighborhood snapshot

32
Properties for sale
19
Median days on market
$247.66
Median sold price/sqft
102.45%
Sold/List %
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Property History for 65 Whipple St

08/03/2021
08/03/2021
MLS PIN #72820879
sold
MLS PIN #72820879
$490,000
--6.67%
06/03/2021
06/03/2021
MLS PIN #72820879
pending
MLS PIN #72820879
$525,000
04/26/2021
04/26/2021
MLS PIN #72820879
active
MLS PIN #72820879
$525,000

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