Address
9 Ames St., Lowell, MA
Price
$ 650,000
Property Attributes
  • MLS#73116371
  • TypeContingent
  • CountyMIDDLESEX
  • CityLowell
  • Zip01852
  • Style3 Family - 3 Units Up/Down
  • Year Built1890
  • Taxes$ 5914
  • Price$ 650,000
  • Bedrooms12
  • Full Bathrooms3
  • Half Bathrooms0
  • Sqr Footage3276
  • Lot Size1,742 SqFt
Data Source:
Massachusetts MLS Property Info Network (MLSPIN)
Property Description

Investment opportunity! This 3-family house presents an incredible opportunity for investors or owner-occupants looking to generate rental income. Live in one unit while renting out the others and take advantage of the robust rental market in the area. Each unit boasts ample living space, with 4 bedrooms and 1 bath, ensuring comfortable and private living arrangements for all occupants. The second floor unit is unoccupied with newly update flooring and paint. With its prime location, this property is sure to capture your attention. Ideally situated in Lowell, this property offers easy access to a wide range of amenities. Explore the vibrant downtown area with its diverse dining options, shopping centers, entertainment venues, and cultural attractions. Additionally, the property benefits from proximity to major highways and public transportation, making commuting a breeze. Don't miss out on the chance to own this fantastic 3-family house.

Elementary School Middle School High School
Shaughnessy Elementary School Butler Middle School Lowell High
Price History
5/26/2023 Listed $650,000

General Features

Appliances Washer, Dryer, Unit 1(Range, Refrigerator), Unit 2(Range, Refrigerator), Unit 3(Range, Refrigerator), Gas Water Heater, Utility Connections for Gas Range, Utility Connections for Electric Dryer
Basement Full, Unfinished
Building Area Units Square Feet
Buyer Agent Compensation 2.0
City Lowell
Community Features Public Transportation, Shopping, Park, Medical Facility, Laundromat, Highway Access, House of Worship, Private School, Public School, T-Station, University
Compensation Based On Gross/Full Sale Price
Construction Materials Frame
Contingency Attorney Review
Cooling Unit 1(None), Unit 2(None), Unit 3(None)
County Middlesex
Directions Central St. to Ames St.
Electric Circuit Breakers
Elementary School Shaughnessy
Exclusions Washer And Dryer Belongs To 1st Floor Tenant And Only That Tenant Utilizes The Laundry Room.
Exterior Features Unit 1 Balcony/Deck, Unit 2 Balcony/Deck
Facilitator Compensation 0.0
Garage Y/N No
Gross Income 45600
Heating Unit 1(Forced Air, Gas), Unit 2(Forced Air, Gas), Unit 3(Forced Air, Gas)
High School Lowell High
Home Warranty Y/N No
Interior Features Unit 1(Lead Certification Available, Bathroom With Tub & Shower), Unit 2(Lead Certification Available, Bathroom With Tub & Shower), Unit 3(Lead Certification Available, Bathroom With Tub & Shower), Unit 1
Lot Size Square Feet 1673
Middle/Junior High School Butler
Net Operating Income 45600
Patio/Porch Features Deck
Property Condition Unit 2 Remodeled
Property SubType 3 Family - 3 Units Up/Down
Property Type Residential Income
Rent Includes Unit 1(Water), Unit 2(Water), Unit 3(Water)
Roof Rubber
Senior Community Y/N No
Sewer Public Sewer
Standard Status Active Under Contract
Status Contingent
Street Name Ames St.
Sub Agent Compensation 2.0
Sub-Agency Relationship Offered Yes
Tax Annual Amount 5914
Tax Assessed Value 466000
Tax Year 2022
Total Actual Rent 3800
Total Rooms 21
Total Units 3
Utilities for Gas Range, for Electric Dryer, Washer Hookup
Waterfront Y/N No
Year Built 1890
Year Built Details Actual
Year Built Source Public Records
Zoning TMU

Interior Features

Air Conditioning Y/N No
Fireplace Y/N No
Flooring Vinyl, Carpet, Wood Laminate, Unit 1(undefined), Unit 3(Wall to Wall Carpet)
Full Baths 3
Heating Y/N Yes
Laundry Features Laundry Room, Washer Hookup
Total Baths 3
Total Bedrooms 12
Total Stories 6
Window Features Screens

Exterior Features

Living Area 3276
Building Area Total 3276
Fencing Fenced/Enclosed, Fenced
Foundation Details Stone
Lot Features Level
Lot Size Acres 0.04
Lot Size Area 0.04
Lot Size Units Acres
Open Parking Y/N Yes
Parking Features On Street
Road Frontage Type Public
Spa No
Water Source Public

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Contingent Average in 01852

Price
AVG $480K
$650K
Taxes
AVG $4,686
$5,914
Visits
AVG 83
47
Year Built
AVG 1940
1890