Golf Course
Address
159 Sayles St Lowell, MA
Price
$ 749,900
Property Attributes
  • MLS#72829100
  • TypeMulti-Family
  • CountyMIDDLESEX
  • CityLowell
  • AreaHighlands
  • Zip01851
  • Style5+ Family - 5+ Units Up/Down
  • Year Built1920
  • Taxes$ 8317
  • Price$ 749,900
  • Bedrooms13
  • Full Bathrooms5
  • Half Bathrooms0
  • Sqr Footage5466
  • Lot Size9,583 SqFt
Listing Provided Courtesy Of:
Paul-Ratha Yem with Global Realty Network, Inc..
Data Source:
Massachusetts MLS Property Info Network (MLSPIN) - 3 - MA
Property Description

With a Cap Rate at 6.3%, this 5 unit property is located in the sought after Highlands neighborhood, fully rented with long term tenants, a great investment and with additional updating, the rents can be higher. Unit 159 has 3 bedrooms, 1 bath rented for $1,100; 159 in the rear is the in-law apartment with 1 bedroom and 1 bath rented for $850. 161 first floor has 2 bedrooms and 1 bath rented for $1,050. 161 second floor has 4 bedrooms, 1 bath rented for $1,250. 163 has 3 bedroom and 1 bath rented for $1,100. Tenants are responsible for their own utilities. In-law apartment has electric heat and electric hot water tank. Other units heated by gas steams and baseboard. There are sufficient parking in the front for unit 161-163 and 159 has its own driveway sharing with the in-law apartment in the back. ALL Tenants At Will Include in the Sale. Sunday showing only from 12 noon to 4 pm. Only 2-3 apartments for the first showing. AGENTS, PLEASE READ THE REMARKS.

Price History
5/11/2021 Listed $749,900

General Features

Construction Material Frame
Electrical Equipment/Features 100 Amps
Exterior Features Porch, Porch - Screened, Fenced Yard
Flooring Wood, Varies Per Unit
Full Baths 5
Heat Zones 5
Heated Units 4
Lead Paint Unknown
Levels 8
Parking Features Off-Street, On Street Permit, Paved Driveway
Parking Spaces 8
Roof Asphalt/Fiberglass Shingles, Slate
Sewer City/Town Sewer
Square Feet 5466.00
State Massachusetts
Unit 1 Rent 1100
Unit 2 Rent 850
Unit 3 Rent 1050
Unit 4 Rent 1250

Interior Features

Basement Features Bulkhead, Unfinished Basement
Bedrooms (1) 3
Bedrooms (2) 1
Bedrooms (3) 2
Bedrooms (4) 4
Hot Water Natural Gas, Electric
Total Bedrooms 13
Total Number of Units 5

Exterior Features

Exterior Vinyl
Foundation Fieldstone
House Color BLUE
Lot Description Paved Drive, Fenced/Enclosed

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 01851

Price
AVG $590K
$750K
Taxes
AVG $5,693
$8,317
Visits
AVG 49
69
Year Built
AVG 1907
1920
Walkscore
AVG 76
62
Data Provided by Walkscore ® not using MLS data

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