Beds6
Baths2
Sq.Ft.1,878
Year1920
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Lyv Realty
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Status:
Active Under Contract - Contingent
Property Type:2 Family - 2 Units Up/Down
MLS #:73160789
Sq. Feet:1,878
On Site:13 Days
Lot Size:0.03 Acres
County:Middlesex
OPEN HOUSE CANCELED. Investors and Landlords! Come see this 2 family home located on a quiet side street in bustling and vibrant Lowell. Off street and on street designated parking. Unit 1 is a 2br/1ba with hardwood floors throughout, original tin ceiling in living room, private outdoor space and easy access to driveway. Unit 1 is vacant and easy to fill or perfect for owner-occupied financing. Unit 2 is 3br/1ba with two levels of living, a dining room and a bonus room that's perfect to use for work from home office space. Unit 2 also has a porch for private outdoor space with a bonus storage room right off the kitchen and excellent tenants that pay on time and would like to stay. For extra income, the basement has two separate storage rooms - one is currently leased for $60/mo. Electric and gas are separate metered. Close to downtown, UMass Lowell, shops, restaurants, cultural events, and walking paths. Close to I-495, I-93, and Route 3. Nearby city bus routes & MBTA.
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Community Information
Address:36 West L Street, Lowell, MA 01850
County:Middlesex
City:Lowell
Zip Code:01850
Architecture
Bedrooms:
6
Bathrooms:
2
Year Built:1920
Stories:3
Construction Materials: Conventional (2x4-2x6)
Building Area: 1878
Roof: Shingle
Foundation: Stone
Basement: Interior Entry, Concrete, Unfinished
Parking Features: Paved Drive, Off Street, Assigned, Paved
Parking Total: 3
Features / Amenities
Interior Features: Unit 1(Pantry, Bathroom With Tub & Shower, Programmable Thermostat), Unit 2(Stone/Granite/Solid Counters, Bathroom With Tub & Shower, Programmable Thermostat), Unit 1 Rooms(Living Room, Kitchen), Unit 2 Rooms(Living Room, Dining Room, Kitchen)
Appliances: Unit 1(Range, Refrigerator), Unit 2(Range, Dishwasher, Microwave, Refrigerator, Washer, Dryer), Utility Connections for Gas Range
Flooring: Vinyl, Concrete, Hardwood, Unit 1(undefined), Unit 2(Hardwood Floors)
Laundry: Unit 2 Laundry Room
Exterior Features: Deck, Deck - Wood, Screens
Patio And Porch: Deck, Deck - Wood
Green Energy Efficient: Thermostat
Cooling Yes/No: Yes
Cooling: Unit 1(Window AC), Unit 2(Window AC)
Heating: Unit 1(Forced Air, Gas), Unit 2(Hot Water Baseboard, Gas)
Total Rooms:10
Property Features
Lot Size:
0.03 Acres
Utilities: for Gas Range
Sewer: Public Sewer
Water: Public
Electric: 100 Amp Service
Road Surface: Paved
Zoning:USF
Directions:Lakeview Ave to Fulton Street to West L Street
Tax and Financial Info
Tax Year: 2023
Tax Annual Amount: $4,227
Contingency: Financing
Gross Income: $48,720
Net Operating Income: $48,720
Total Actual Rent: $4,060
Rent Includes: Unit 1(Water), Unit 2(Water)
Buyer Agency Compensation: 2.0%%
Transaction Broker Compensation: 2.0%%
Buyer Agent Compensation: 2.0%
Disclosures: Buyers and Buyers' Agent to perform own due diligence. Exterior photo has been enhanced. Unit 2 tenant would prefer to stay at property. Lease up 10/31/2023 then will be month to month.
Listing Agent/Office
Listing provided courtesy of Renee Merchant, Lamacchia Realty, Inc..
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36 West L Street Lowell, MA 01850
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Listing Information Last Updated 10/1/2023
