$925,000
12
Beds
3
Baths
4,536
Living Area
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Property Description
Great opportunity for the buyer of this fully tenanted triple-decker in the Highlands. All three units currently occupied, all voucher recipients, with a total monthly rent roll of $7530.00. All units are separately metered and tenants are responsible for payment of own electric, heat, hot water and cooking. Unit electric panels are in each apartment and hot water tanks are in the basement. Each unit has its own heating system, one in the basement, one in-unit and one in the back hall. This is a well maintained property by an active owner, therefore no deferred maintenance. All three units are lead compliant, with certificates in hand. Location is on public transit and within a short distance of all area amenities. Both the bus depot and train station are a short distance away, and the Lowell Connector, RT-3, I-495 and RT-38 are all within a quick drive. This is a solid property with a strong rental history and rents.
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Highlights
- Area: Highlands
- Property Class: Residential Income
- Total Rooms: 18
- Status: Active
- Parking Spots: 4
- Property Type: 3 Family
- Year Built: 1900
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Additional Details
- Basement: Unfinished
- Exclusions: Tenant Belongings. All Laundry Machines Are Property Of Tenants.
- Foundation: Other
- Road Frontage Type: Public
- Total Number of Units: 3
- Year Built Source: Public Records
- Construction: Frame
- Flooring: Varies
- Lot Features: Level
- Roof: Rubber
- Year Built Details: Renovated Since, Unknown/Mixed
- Zoning: Tmu
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Amenities
- Community Features: Public Transportation, Shopping, Medical Facility, Laundromat, Highway Access, House of Worship, Private School, Public School, T-Station, University
- Parking Features: Paved Drive, Off Street, Driveway, Paved
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Utilities
- Electric: Circuit Breakers
- Water Source: Public
- Sewer: Public Sewer
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Fees / Taxes
- Assessed Value: $714,400
- Compensation Based On: Net Sale Price
- Taxes: $8,509
- Buyer Agent Compensation: 2%
- Tax Year: 2024
- Total Rent: $7,530
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