UNDER CONTRACT
110 Branch St #10 & 11
Lowell, MA 01851
Lower Highlands
7 Beds
3 Baths
2,572 sqft
- 7 Beds
- 3 Baths
- 2,572 sqft
7 Beds
3 Baths
2,572 sqft
Local Information
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Commute Destination
Description
Hands-free investment package with annual projecting gross rents of $60,000. These two condo units were converted in 2005 with hardwood floor through out. Both units have lead-paint certificates; Each unit has one deeded off-street parking. Unit 10 is just vacant and ready to rent. Unit 11 is super large(1,745 SF), the public record show it has 4 bedrooms, but it has five bedrooms with 2 full baths. Current tenant will move out before closing w/ $3200 rent. Total condo fees for both units is $738.93 per month(U10: $249.01, U11: $489.92). Both units are on the top-floor and next to each other. Owning these two units is like having two-family rental benefits without two-family maintenance troubles and expenses(condo fees pay for exteriors, water/sewer, snow & trash removal and master insurance, etc). With this high rental demand, this ~9% cap rate investment is a great way to hedge and preserve our hard earn savings. Don't forget to see the Lowell Housing Fair market rent rates.
Home Highlights
Parking
Open Parking
Outdoor
Yes
A/C
Heating & Cooling
HOA
None
Price/Sqft
$206
Listed
20 days ago
Home Details for 110 Branch St #10 & 11
Interior Features |
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Interior Details Number of Rooms: 11 |
Beds & Baths Number of Bedrooms: 7Number of Bathrooms: 3Number of Bathrooms (full): 3 |
Dimensions and Layout Living Area: 2572 Square Feet |
Appliances & Utilities Utilities: for Gas Range |
Heating & Cooling Heating: Baseboard,Natural GasHas CoolingAir Conditioning: Window Unit(s)Has HeatingHeating Fuel: Baseboard |
Fireplace & Spa No FireplaceNo Spa |
Gas & Electric Electric: 110 Volts |
Windows, Doors, Floors & Walls Flooring: Tile, Hardwood |
Levels, Entrance, & Accessibility Number of Stories: 6Floors: Tile, Hardwood |
View Has a ViewView: City View(s) |
Exterior Features |
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Exterior Home Features Roof: RubberPatio / Porch: CoveredFoundation: Stone |
Parking & Garage No GarageHas Open ParkingParking Spaces: 2Parking: Off Street,On Street,Deeded |
Frontage Road Frontage: PublicResponsible for Road Maintenance: Public Maintained RoadRoad Surface Type: PavedNot on Waterfront |
Water & Sewer Sewer: Public Sewer |
Days on Market |
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Days on Market: 20 |
Property Information |
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Year Built Year Built: 1895 |
Property Type / Style Property Type: Residential IncomeProperty Subtype: 2 Family - 2 Units Up/Down |
Building Construction Materials: FrameDoes Not Include Home Warranty |
Property Information Parcel Number: 4636040 |
Price & Status |
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Price List Price: $529,000Price Per Sqft: $206 |
Active Status |
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MLS Status: Contingent |
Location |
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Direction & Address City: Lowell |
Agent Information |
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Listing Agent Listing ID: 73222337 |
Building |
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Building Area Building Area: 2572 Square Feet |
Community |
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Community Features: Public Transportation, Shopping, Medical Facility, Laundromat, Highway Access, Public School, UniversityNot Senior Community |
Offer |
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Contingencies: Inspection |
Compensation |
|---|
Buyer Agency Commission: 2Buyer Agency Commission Type: %Transaction Broker Commission: 2Transaction Broker Commission Type: % |
Notes The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed |
Miscellaneous |
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Mls Number: 73222337Zillow Contingency Status: Under ContractCompensation Based On: Net Sale Price |
Additional Information |
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Public TransportationShoppingMedical FacilityLaundromatHighway AccessPublic SchoolUniversity |
Last check for updates: about 15 hours ago
Listing courtesy of Mei Zhou
Coldwell Banker Realty - Andover
Source: MLS PIN, MLS#73222337
Price History for 110 Branch St #10 & 11
| Date | Price | Event | Source |
|---|---|---|---|
| 04/18/2024 | $529,000 | Contingent | MLS PIN #73222337 |
| 04/10/2024 | $529,000 | Listed For Sale | MLS PIN #73222337 |
| 12/31/2021 | $340,000 | Sold | MLS PIN #72912118 |
| 11/19/2021 | $399,900 | Contingent | MLS PIN #72912118 |
| 10/27/2021 | $399,900 | PriceChange | MLS PIN #72912118 |
| 10/23/2021 | $429,900 | Listed For Sale | MLS PIN #72912118 |
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Comparable Sales for 110 Branch St #10 & 11
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.19 | Multi-Family Home | $555,000 | 09/25/23 | 7 | 3 | 2,944 | |
0.07 | Multi-Family Home | $550,000 | 07/28/23 | 4 | 3 | 2,072 | |
0.14 | Multi-Family Home | $502,500 | 06/28/23 | 6 | 2 | 2,458 | |
0.19 | Multi-Family Home | $550,000 | 12/08/23 | 7 | 3 | 3,744 | |
0.20 | Multi-Family Home | $650,000 | 04/02/24 | 5 | 2 | 2,550 | |
0.31 | Multi-Family Home | $355,000 | 12/13/23 | 4 | 2 | 2,688 | |
0.12 | Multi-Family Home | $635,000 | 04/15/24 | 4 | 4 | 3,193 | |
0.49 | Multi-Family Home | $585,000 | 12/15/23 | 6 | 3 | 2,710 | |
0.26 | Multi-Family Home | $440,000 | 12/08/23 | 4 | 2 | 1,809 |
Neighborhood Overview
Neighborhood stats provided by third party data sources.
What Locals Say about Lower Highlands
- Trulia User
- Resident
- 11mo ago
"very accessible - bus and train station nearby. there are multiple accessible bus routes in the neighborhood."
- Rhiannon A.
- Resident
- 3y ago
"Active driving neighborhood, but friendly atmosphere and not a lot of active crime regularly occurring. A good neighborhood with close access to many essentials. "
- Debbie F.
- Resident
- 4y ago
"mostly renters who don't care how their house looks. Lots of cars and traffic. I have lived here for 38 years and neighborhood is not the same."
- Debbie F.
- Resident
- 4y ago
"Sometimes hard to walk down the sidewalk because of all the cars some people park half on street and half on the sidewalk."
- Amber G.
- Resident
- 5y ago
" the area is okay but it has no yards for children. so most of outside playing would have to be done elsewhere"
- Jacklyn
- Resident
- 5y ago
"Highlands is the best! It’s a clean and classy neighbor. It’s like the Belvidere area just at a lower cost and a more homey comforting type look and feel."
- Amber G.
- Resident
- 5y ago
"its a nice community where the neighbors look out for each other. the kids playing outside are nice in the daytime and are not too loud at night. its an overall quiet neighborhood which is good for people who get up early for work. "
- Amber G.
- Resident
- 5y ago
"Its a typical neighborhood. I wont be staying because I need a yard for my kids and most of the places in my area have little to no yard. or a shared yard. "
- Riversmicheal
- Resident
- 5y ago
"There are a variety of Asian restaurants in the neighborhood. They are all very good. Everyone must try."
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Mei Zhou, Coldwell Banker Realty - Andover
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.
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
110 Branch St #10 & 11, Lowell, MA 01851 is a 7 bedroom, 3 bathroom, 2,572 sqft multi-family built in 1895. 110 Branch St #10 & 11 is located in Lower Highlands, Lowell. This property is currently available for sale and was listed by MLS PIN on Apr 10, 2024. The MLS # for this home is MLS# 73222337.