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

71 Bolton Street Lowell, MA 01852

Contingent
24 Photos
$625,000
2 Unit
7 Beds
3 Baths
2609 SQFT
0.10 Acre
71 Bolton Street
Lowell, MA 01852

Property Description

TRULY AN INCREDIBLE OPPORTUNITY for investors or those looking for a large living opportunity! Situated on a tree-lined side street, the property offers effortless access to highways, transportation, shopping, dining & more. This 2,609 SF home boasts large rooms, high ceilings, impressive hardwood floors, 13 rooms, 7 bedrooms, 3 full baths, 4-car off-street parking, rear yard, deck, and paver patio. The first floor consists of 5 rooms, 3 bedrooms, a large eat-in kitchen, 1 bath, a spacious living room, and laundry. The second unit boasts 8 rooms on two levels, 4 bedrooms, 2 baths, living room, large eat-in kitchen with granite counters, bonus room, study/ breakfast area. Current rent for first floor is very low at $1700 due to relationship with seller. Second unit is vacant. The Property has separately metered heat, hot water, and electricity which the tenants pay directly. Rental potentials range from $2400 to $2700, promising substantial returns. OFFERS ARE DUE MONDAY BY 5:00 PM.

Property Overview

Property Details click or tap to expand

Building Information

  • Total Units: 2
  • Total Floors: 3
  • Total Bedrooms: 7
  • Total Full Baths: 3
  • Amenities: Highway Access, Laundromat, Medical Facility, Park, Private School, Public School, Public Transportation, Shopping
  • Basement Features: Full
  • Common Rooms: Family Room, Kitchen, Living Room
  • Common Interior Features: Bathroom With Tub & Shower, Ceiling Fans, Country Kitchen, Pantry, Stone/Granite/Solid Counters, Storage, Upgraded Countertops
  • Common Appliances: Dishwasher, Dryer Hookup, Range, Refrigerator, Vent Hood, Washer Hookup
  • Common Heating: Central Heat, Electric, Extra Flue, Forced Air, Gas, Heat Pump, Oil

Financial

  • APOD Available: Yes
  • Expenses Source: Owner Provided
  • Gross Operating Income: 20400
  • Gross Expenses: 4035
  • Water/Sewer: 1720
  • INSC: 1065
  • Repairs & Maintenance: 1250
  • Net Operating Income: 20400

Utilities

  • Electric Info: 200 Amps
  • Utility Connections: for Electric Dryer, for Electric Oven, for Electric Range, for Gas Oven, for Gas Range, Varies per Unit, Washer Hookup
  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

  • Included in Rent: Water
  • Under Lease: Yes
  • Floors: 1
  • Levels: 1

Unit 2 Description

  • Under Lease: No
  • Floors: 2
  • Levels: 2

Construction

  • Year Built: 1900
  • Type: 2 Family - 2 Units Up/Down
  • Construction Type: Aluminum, Frame
  • Foundation Info: Fieldstone
  • Roof Material: Aluminum, Asphalt/Fiberglass Shingles
  • Flooring Type: Hardwood, Wall to Wall Carpet
  • Lead Paint: Unknown
  • Year Round: Yes
  • Warranty: No

Other Information

  • MLS ID# 73310835
  • Last Updated: 11/12/24

Property History click or tap to expand

Date Event Price Price/Sq Ft Source
11/12/2024Contingent$625,000$240MLSPIN
11/11/2024Active$625,000$240MLSPIN
11/07/2024New$625,000$240MLSPIN

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Map & Resources

Victory Park

Municipal Park

0.3mi

Muldoon Park

Park

0.36mi

Commonwealth Avenue Park

Municipal Park

0.37mi

Donahoe Park

Municipal Park

0.46mi

Sewerland Marginal Brook

Recreation Ground

0.32mi

Seller's Representative: Jack Andrellos, Berkshire Hathaway HomeServices Commonwealth Real Estate
MLS ID#: 73310835

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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.

MLS PIN data last updated at 2024-11-12 20:47:00

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