120 Crosby St, Lowell, MA 01852

Multi-Family

$400,000
Price

2
Units
2,294
Approx. GLA
Great investment opportunity or owner occupied, two unit with many updates. First floor tenant has a lease in place until 12/31/2020. Second unit tenants have TAW in place. Property sold with tenants in place. Lead paint certificate of compliance. First floor unit 2 bed 1 bath, one floor living, in unit washer dryer hook up. 2nd unit has 4 bed 2 bath occupying the 2nd and 3rd floors, washer dryer hock up. Newer windows, doors, gas heat and water heater. Take advantage of the off street parking for 2 cars or make it a play/yard space. Located near public transportation, the MBTA Commuter Rail, the Lowell Connector, Rtes 3 and 495.
Open House
No scheduled Open Houses
Highlights
Terms: Contract for Deed
Basement Features: Full, Sump Pump, Unfinished Basement
List Price: $400,000
Type: Multi-Family
Multi-Family Type: 2 Family
Status: Active
Beds: 4
Baths: 3
Units: 2
Year Built: 1910
Approx. GLA: 2,294
MLS#: 72736566
Interior
Basement: Yes
Electricity Cost: $180
Heating Units: 2
Heating Zones: 2
Rooms: 10
Lead Paint: Certified Treated
Total Floors: 3
Exterior
Water: No
Acres: 0.04
Lot Size: 1,824.00
Lot Description: Corner, Level
Foundation: Fieldstone
Foundation Size: 36x24
Parking Spaces: 2
Parking Features: Off-Street, Tandem, On Street Permit, Unpaved Driveway
Road Type: Public, Paved, Publicly Maint.
Water: City/Town Water
Water: City/Town Water
Taxes
Short Sale Lender Approval: No
Lender Owned: No
APOD Available: Yes
Assessed Price: $264,200
Taxes: $3,530
Tax Year: 2020
Book/Page: 27281/271
Beach
Beach: No
Expenses
Gross Income: $31,200
Gross Expenses: $2,130
Total Rent: $2,500
Net Income: $31,200
R&M Cost: $500
Water Cost: $1,450
Additional
Amenities: Public Transportation, Highway Access
Exclusions: Tenant personal property.
Disclosure Declaration: Yes
Disclosure: Sub pumps in basement in need of repair, back gutter in need of repair.
Units
Total Rooms Bedrooms Fireplaces Floors Full Baths Half Baths Lease Levels Rent
Unit 1 4 2 0 1 1 0 No 1 $1,025
Unit 2 6 4 0 2 2 0 No 2 $1,550
Units Extras
Unit 1
Rent Includes:  Water  Cooling:  None  Applicances:  Washer & Dryer Hookup, Range  Heating:  Hot Water Baseboard, Gas  Interior:  Bathroom With Tub & Shower, Box/Bay/Bow Window(s), Wall to Wall Carpet, Storage  Rooms:  Living Room, Kitchen 
Unit 2
Rent Includes:  Water  Cooling:  None  Applicances:  Washer & Dryer Hookup, Range, Dishwasher  Heating:  Hot Water Baseboard, Gas  Interior:  Bathroom With Tub & Shower, Box/Bay/Bow Window(s), Wall to Wall Carpet  Rooms:  Living Room, Kitchen 
Common
Rooms:  Other (See Remarks) 
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The listing office is Competitive Edge Real Estate Services and the listing agent is Pamela Downs. The property listing data and information, or the images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and it's subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the images, set forth herein. The data was last modified on 12/18/2018 2:44:00 PM.
 
Pamela Downs
Pamela Downs
Realtor
Competitive Edge Real Estate Services