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$724,999
*Sale Price
Total Beds: 8 Total Baths: 4
Total Units: 4 SQFT: 3712
LOT size: 0.41 Acres
489-491 Lowell St
Methuen, MA 01844
This Property is No Longer Available

Property Description

Here we have a Beautiful 4 Family with a 5 Car Garage ( 2, 2 Families).  8 total beds and 4 baths, 2 Beds/1 Bath in each unit. Very convenient location right off 93 in Methuen.Tenants pay the utilities and some units have water views. Attic can be converted into a single unit which is a plus. So much opportunity with this property, come check it out & start 2021 off with a great investment ! Open House February 13th Saturday 12-2 pm.

Property Details

Building Information

  • Total Units: 4
  • Total Floors: 6
  • Levels: 4
  • Total Rooms: 16
  • RMS: 12
  • Total Bedrooms: 8
  • Total Full Baths: 4
  • Amenities: Laundromat, Marina, Public Transportation, Shopping, Walk/Jog Trails
  • Basement Features: Concrete Floor, Full, Interior Access

Financial

  • APOD Available: No
  • Gross Operating Income: 43800
  • Net Operating Income: 43800

Utilities

  • Hot Water: Natural Gas, Tank
  • Electric Info: Circuit Breakers, Individually Metered, Underground
  • Energy Features: Insulated Doors, Insulated Windows
  • Utility Connections: for Gas Range, Washer Hookup
  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

  • Rent: 1550
  • Included in Rent: Water
  • Under Lease: No
  • Rooms: 4
  • Floors: 1
  • Bedrooms: 2
  • Full Baths: 1
  • Other Rooms: Dining Room, Kitchen, Living Room
  • Appliances: Range, Refrigerator
  • Interior Features: Bathroom With Tub & Shower, Cable TV Available, Pantry, Storage
  • Heating: Central Heat, Electric, Extra Flue, Gas, Gas, Geothermal Heat Source, Heat Pump, Hot Air Gravity, Hot Water Baseboard, Individual, Oil
  • Levels: 1

Unit 2 Description

  • Rent: 1600
  • Included in Rent: Water
  • Under Lease: No
  • Rooms: 4
  • Floors: 2
  • Bedrooms: 2
  • Full Baths: 1
  • Other Rooms: Dining Room, Kitchen, Living Room
  • Appliances: Range, Refrigerator
  • Interior Features: Bathroom With Tub & Shower, Cable TV Available, Pantry, Storage, Walk-Up Attic
  • Heating: Central Heat, Electric, Extra Flue, Gas, Gas, Geothermal Heat Source, Heat Pump, Hot Air Gravity, Hot Water Baseboard, Individual, Oil
  • Levels: 1

Unit 3 Description

  • Included in Rent: Water
  • Under Lease: No
  • Rooms: 4
  • Floors: 1
  • Bedrooms: 2
  • Full Baths: 1
  • Other Rooms: Dining Room, Kitchen, Living Room
  • Appliances: Range, Refrigerator
  • Interior Features: Bathroom With Tub & Shower, Cable TV Available, Pantry, Storage
  • Heating: Central Heat, Electric, Extra Flue, Gas, Gas, Geothermal Heat Source, Heat Pump, Hot Air Gravity, Hot Water Baseboard, Individual, Oil
  • Levels: 1

Unit 4 Description

  • Included in Rent: Water
  • Under Lease: No
  • Rooms: 4
  • Floors: 2
  • Bedrooms: 2
  • Full Baths: 1
  • Other Rooms: Dining Room, Kitchen, Living Room
  • Appliances: Range, Refrigerator
  • Interior Features: Bathroom With Tub & Shower, Cable TV Available, Pantry, Storage
  • Heating: Extra Flue, Gas, Gas, Geothermal Heat Source, Heat Pump, Hot Air Gravity, Hot Water Baseboard, Individual, Oil
  • Levels: 1

Construction

  • Year Built: 1945
  • Type: 4 Family
  • Construction Type: Aluminum, Frame
  • Foundation Info: Fieldstone
  • Roof Material: Aluminum, Asphalt/Fiberglass Shingles
  • Flooring Type: Tile, Vinyl, Wall to Wall Carpet
  • Lead Paint: Unknown

Other Information

  • MLS ID# 72782969
  • Last Updated: 04/18/21

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