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Website: www.remax-andoverma.com
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18 Appleton St
Lowell, MA. 01852-2504

Middlesex County
Area: Downtown
Directions: Corner Of Appleton Street And Central Street

MLS # 72434965 - Sold
Multi-Family 4 Family    

List Price $424,900 Days on Market  
List Date   # Units 4
Sale Price $435,000 # Floors  
Sold Date 5/24/19 Rooms 22
Assessed Value $188,300 Bedrooms 6
Gross Living Area 5,066SF Full Baths 3
Lot Size 4,375SF Half Baths 2
Taxes $14,366.81 Fireplaces  
Tax Year 2016 Basement Yes
Zoning UMU Waterfront No
Est. Street Front   Beach Nearby No
Year Built 1900 Parking Spaces 0
    Garage Spaces 0

Remarks:

4 Unit Mixed Use Downtown Package Deal. Four Condominiums fully occupied within walking distance to many amenities. The property has been well maintained and updated. The first floor has an updated commercial space with offices and meeting rooms. The 2nd floor has 2 bedrooms as do the 3rd and 4th floors. All units have FHA and Central AC. Unit 1 listed as commercial unit per the Assessor Records. Units 2, 3 and 4 are residential units. The 3rd floor has Letter of Full Initial Lead Compliance.

Features
Amenities   Public
   Transportation,
   Shopping, Park, Medical
   Facility, Laundromat,
   Conservation Area,
   Highway Access, House of
   Worship, Public School,
   T-Station, University
Basement   Full,
   Unfinished Basement
Construction   Frame
Cooling Zones   4
Electricity   Circuit
   Breakers
Exterior   Clapboard
Exterior Feat.   Porch,
   Deck, Fenced Yard
Flooring   Vinyl,
   Laminate, Hardwood
Foundation   Fieldstone
Heating Zones   4
Hot Water   Natural Gas
Lead Paint   Unknown
Lot   City View(s)
Road   Public
Sewer / Water   City/Town
   Sewer, City/Town Water
Utility Connections   for
   Gas Range, for Electric
   Dryer, Washer Hookup
Units
Common Features Rooms: Laundry
Unit 1 Cooling: Central Air, None; Floor: 1; Half Baths: 2; Heating: Forced Air, Gas; Interior: Cable TV
     Available; Lease: No; Levels: 1; Rent: 1000; Rent Includes: Water; Rooms: 7; Rooms Desc.: Other (See
     Remarks)
Unit 2 Appliances: Range, Refrigerator; Bedrooms: 2; Cooling: Central Air; Floor: 2; Full Baths: 1;
     Heating: Forced Air, Gas; Interior: Balcony/Deck; Lease: No; Levels: 1; Rent: 875; Rent Includes:
     Water; Rooms: 5; Rooms Desc.: Living Room, Kitchen, Laundry
Unit 3 Appliances: Wall Oven, Microwave, Refrigerator; Bedrooms: 2; Cooling: Central Air; Floor: 3; Full
     Baths: 1; Heating: Forced Air; Interior: Balcony/Deck; Lease: No; Levels: 1; Rent: 800; Rent
     Includes: Water; Rooms: 5; Rooms Desc.: Living Room, Dining Room, Kitchen
Unit 4 Appliances: Range, Refrigerator; Bedrooms: 2; Cooling: Central Air; Floor: 4; Full Baths: 1;
     Heating: Forced Air; Interior: Balcony/Deck; Lease: No; Levels: 1; Rent: 825; Rent Includes: Water;
     Rooms: 5; Rooms Desc.: Living Room, Dining Room, Kitchen
Financial Info
Expenses Source   Owner
   Provided
Expenses Year End   12/16
Gross Expenses   $5,098
Gross Oper. Income  
   $42,000
Insurance   $2,610
Misc.   $815
Net Oper. Income   $36,902
Repairs & Maint.   $1,131
Water   $542
Additional Information
APOD Available?   No
Anticipated Sale Date  
   05/24/2019
Deed   Book: 23221, Page:
   150, Cert. #: 07/15/2009
Disclosures   Buyers
   should verify all
   information. Property is
   assessed as 4 condo units
   (1 Commercial/3
   Residential). Year built
   is estimated.
Foreclosure   No
GLA Source   Public Record
Living Area Disclosures  
   Includes commercial
   finished area
Off Market Date   12/27/18
Parcel #   M:179 B:195
   L:18 U:A1-4
Schools   Grade School:
   LPS, Middle School: LPS,
   High School: LHS or
   GLTECH
Seller Disclosure Doc   No
Short Sale   No
Year Built Desc.  
   Approximate
Year Built Source   Public
   Record

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Property Last Updated by Listing Office: 5/24/19 6:32pm

Courtesy: MLSPIN

Listing Office: RE/MAX Partners Listing Agent: Raymond Boutin


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