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    106 Gershom Ave

    Lowell, MA 01854
    • $589,900
    • STATUS: Active
    • MLS #: 72729582
    UPDATED: 65 min ago
    $589,900
    • 8
      BEDS
    • 0.11
      ACRES
    • 2
      BATHS
    • 0
      1/2 BATHS
    • 3,370
      SQFT
    • $175
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1930
    County:
    Area:

    School Ratings & Info

    Listing courtesy of Peter Pappas of Re/Max Innovative Properties.

    Description

    Location, Location, Location. Great investment/income potential for a 1031 exchange. This well kept 3750 sq/ft two family has plenty of off street parking and is a stones throw from UMASS Lowell. The building is solid has vinyl siding, hardwood floors and high efficiency Central Air Conditioning which is rare for a 2 family. The first floor has 3 bedrooms, a large eat in kitchen and a family room and a small enclosed porch. The 2nd and 3rd floor have a total of 5 bedrooms, a large eat in kitchen and a family room. Tenanats pay all utilities. Units are currently rented out by room at $650 per bedroom. Lease agreements producing $4550 per month. Buyer to purchase the property assumes all leases/tenants. Buyer/buyers agent must conduct their own due diligence, verifications and research.

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    The property listing data and information 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 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 its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. Data last updated 2020-10-29T20:07:18.96.
    www.parrottrealtygroup.com/homes/110217482
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    106 Gershom Ave Lowell, MA 01854

    • Price: $589,900
    • Status: Active
    • Updated: 65 min ago
    • MLS #: 72729582
    8
    Beds
    2
    Baths
    0
    ½ Baths
    0.11
    Acres
    3,370
    SQFT
    $175
    $/SQFT
    1930
    Built
    Neighborhood:
    Other
    County:
    Middlesex
    Area:
    Other
    Property Description
    Location, Location, Location. Great investment/income potential for a 1031 exchange. This well kept 3750 sq/ft two family has plenty of off street parking and is a stones throw from UMASS Lowell. The building is solid has vinyl siding, hardwood floors and high efficiency Central Air Conditioning which is rare for a 2 family. The first floor has 3 bedrooms, a large eat in kitchen and a family room and a small enclosed porch. The 2nd and 3rd floor have a total of 5 bedrooms, a large eat in kitchen and a family room. Tenanats pay all utilities. Units are currently rented out by room at $650 per bedroom. Lease agreements producing $4550 per month. Buyer to purchase the property assumes all leases/tenants. Buyer/buyers agent must conduct their own due diligence, verifications and research.
    Exterior Features

    Beachfront No Construction Conventional (2X4-2X6) Exterior Vinyl Foundation Fieldstone Lot Description Paved DriveShared Drive Parking Features Off-StreetImproved Driveway Parking Spaces 6 Roof Material Asphalt/Fiberglass Shingles Waterfront Flag No Waterview Flag No

    Interior Features

    Basement Yes Bedrooms Unit1 3 Bedrooms Unit2 5 Cooling Unit1 Central Air Cooling Unit2 Central Air Fireplaces 0 Fireplaces Unit1 0 Fireplaces Unit2 0 Floors Unit1 1 Floors Unit2 2 Full Baths Unit1 1 Full Baths Unit2 1 Half Baths Unit1 0 Half Baths Unit2 0 Heating Unit1 Central HeatForced AirGas Heating Unit2 Central HeatForced Air Hot Water Natural Gas Interior Features Unit1 Ceiling FansCable Tv AvailableInternet Available - Broadband Interior Features Unit2 Ceiling FansCable Tv AvailableInternet Available - Broadband Levels 3 Levels Unit1 1 Levels Unit2 2 Rooms 12 Rooms Description Unit1 Living RoomKitchenSunroom Rooms Description Unit2 Living RoomKitchenLoft Rooms Unit1 5 Rooms Unit2 7

    Property Features

    Apod Available No Assessments 377100.00 Disclosure No Gross Operating Income 54600 Lead Paint Unknown Lease Unit1 Y Lease Unit2 Y Lender Owned No Multifamily Type 2 Family - 2 Units Up/Down Net Operating Income 54600 Rent Unit1 1950 Rent Unit2 2600 Sewer City/Town Sewer Short Sale Lender App Required No Sq Ft Disclosures Approx 500 Sq/Ft in Basement Could Be Used As Common Living Space. Sq Ft Source Public Record Tax Year 2020 Taxes 5179.00 Water City/Town Water Year Built Description Actual Year Built Source Public Record Zoning Mf

    Listing information © 2020 MLS Property Information Network. All information is deemed reliable but should be independently verified.
    Listing provided courtesy of Peter Pappas of Re/Max Innovative Properties.


    The property listing data and information 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 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 its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. Data last updated 2020-10-29T20:07:18.96.
     
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    Parrott Realty Group | Keller Williams Gateway Realty
    20 Trafalgar Square
    Nashua NH, 03063
    Listing courtesy of Peter Pappas of Re/Max Innovative Properties.