Addie Finley | Billerica MA Real Estate Real Estate, Lowell MA Real Estate Real Estate

31 & 39 Aiken Ave, Lowell, MA 01850  

Sale Price
Approx. GLA
Don't miss out on this opportunity to purchase this 19 Unit Apartment Complex close by the UMASS Lowell East Campus Entrance. This complex is comprised of three lots (2 buildings and parking lot). All utilities are separated and roof is in great shape. 100% occupied with no leases, all tenants are TAW. This Apartment is in a great location and will NOT last long on the market .NOI is $141,166.03
Sale Price: $1,650,000
Settled Date: 3/4/2019 12:00:00 AM
Basement Features: Full
List Price: $1,800,000
Type: Multi-Family
Multi-Family Type: 5-9 Family
Status: Sold
Beds: 38
Baths: 19
Units: 19
Year Built: 1900
Approx. GLA: 15,000
MLS#: 72437811
Basement: Yes
Electricity Cost: $5,717
Electric Features: 110 Volts
Hot Water: Natural Gas
Rooms: 62
Lead Paint: Unknown
Total Floors: 3
Water: No
Acres: 0.27
Lot Size: 11,898.00
Lot Description: Corner, Paved Drive, Level
Foundation: Fieldstone
Parking Spaces: 20
Parking Features: Off-Street
Road Type: Public
Water: City/Town Water
Water: City/Town Water
Short Sale Lender Approval: No
Lender Owned: No
APOD Available: Yes
Assessed Price: $1,248,900
Taxes: $17,972
Tax Year: 2018
Book/Page: 11783/257
Beach: No
Expenses Source: Owner Provided
Gross Income: $196,329
Gross Expenses: $55,154
Total Rent: $16,360
Net Income: $141,166
Gas Cost: $5,237
Insurance Cost: $8,400
R&M Cost: $4,800
Sewer Cost: $8,833
Water Cost: $2,944
Misc. Cost: $6,050
Amenities: Public Transportation, Shopping, Walk/Jog Trails, Medical Facility, Laundromat, Bike Path, Highway Access, Public School, University
Disclosure Declaration: No
Total Rooms Bedrooms Fireplaces Floors Full Baths Half Baths Lease Levels Rent
Unit 1 4 2 0 1 1 0 No 1 $875
Unit 2 5 3 0 1 1 0 No 1 $1,025
Unit 3 4 2 0 1 1 0 1 $825
Unit 4 5 3 0 1 1 0 No 1 $1,075
Area Sales
Similar Listings
The listing office is AA Premier Properties, LLC and the listing agent is Walter Zenkin. 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.