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You are here:
Home Massachusetts Lowell Multi-Family Homes for Sale

43 Lincoln St Lowell, MA 01851

14 Days on Boston Pads
20 Photos
$999,900
4 Unit
12 Beds
4 Baths
3264 SQFT
0.07 Acre
43 Lincoln St
Lowell, MA 01851

Property Description

Don’t miss this four-family property on a quiet street with quick and easy access to the Lowell Connector. The building boasts a brand-new roof, two updated forced hot air heating systems, two new boilers and a new exterior staircase. Each of the 3 bedroom units feature separate utilities and most are on a tenancy-at-will basis, with room to increase the rents. Tenants enjoy the convenience of on-street parking, the beautiful public garden next door, an elementary school, a variety of restaurants and shopping plazas nearby. Whether you’re an investor looking to expand your portfolio or someone seeking an owner occupied multi-family home, this property presents a unique chance to secure a well-located asset with great potential.

Property Overview

Property Details click or tap to expand

Building Information

  • Total Units: 4
  • Total Floors: 6
  • Total Bedrooms: 12
  • Total Full Baths: 4
  • Amenities: Park, Public Transportation
  • Basement Features: Full
  • Common Interior Features: Tile Floor

Financial

  • APOD Available: Yes
  • Expenses Source: Owner Provided
  • Gross Operating Income: 105000
  • Gross Expenses: 7380
  • Electric Expenses: 180
  • Water/Sewer: 2400
  • INSC: 4800
  • Net Operating Income: 97620

Utilities

  • Heat Zones: 4
  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

  • Under Lease: No
  • Floors: 1
  • Levels: 1

Unit 2 Description

  • Under Lease: No
  • Floors: 1
  • Levels: 1

Unit 3 Description

  • Under Lease: Yes
  • Floors: 2
  • Levels: 1

Unit 4 Description

  • Floors: 2
  • Levels: 1

Construction

  • Year Built: 1950
  • Type: 4 Family
  • Construction Type: Aluminum, Frame
  • Foundation Info: Fieldstone
  • Roof Material: Aluminum, Asphalt/Fiberglass Shingles
  • Flooring Type: Tile, Vinyl, Wood
  • Lead Paint: Certified Treated
  • Warranty: No

Other Information

  • MLS ID# 73309799
  • Last Updated: 11/09/24

Property History click or tap to expand

Date Event Price Price/Sq Ft Source
11/09/2024Active$999,900$306MLSPIN
11/05/2024New$999,900$306MLSPIN

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Map & Resources

Abraham Lincoln School

Public Elementary School, Grades: PK-4

0.07mi

The Career Academy

Public Secondary School, Grades: 9-12

0.28mi

Laura Lee Therapeutic Day School

Public Elementary School, Grades: 3-8

0.37mi

Dunkin'

Donut & Coffee Shop

0.46mi

Simply Khmer

Restaurant

0.03mi

Lowell Fire Department

Fire Station

0.49mi

Lowell Fire Department

Fire Station

0.54mi

Lowell Police

Police

0.51mi

Durkin Park

Municipal Park

0.01mi

Lincoln Square Park

Municipal Park

0.08mi

Mulligan Park

Municipal Park

0.38mi

Armory Park

Park

0.4mi

foreigner Laundry

Laundry

0.23mi

K Market

Convenience

0.43mi

Target

Department Store

0.45mi

Lowell

Lowell

0.39mi

Seller's Representative: Patrick Hermans, J. Borstell Real Estate, Inc.
MLS ID#: 73309799

© 2024 MLS Property Information Network, Inc.. All rights reserved.

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.

MLS PIN data last updated at 2024-11-09 03:05:00