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189 Smith St, Lowell, MA
42 Days on Jacob RealtyPrice Reduced $50,100
0
$799,900
Total Beds: 12 Total Baths: 3
Total Units: 3 SQFT: 3771
LOT size: 0.06 Acres
189 Smith St
Lowell, MA 01851
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Property Description

Great investment opportunity! Cap Rate 8.43%. This property features long-term tenants, each unit equipped with a stove, refrigerator and laundry room. It’s being sold as a package deal, which includes 185-187 Smith St (3-family), 189-191 Smith St (3-family), and 193-195 Smith St (3-family) all listed on MLS. 185 Smith and 193 Smith buildings are on registered land.

Property Details

Building Information

  • Total Units: 3
  • Total Floors: 6
  • Total Bedrooms: 12
  • Total Full Baths: 3
  • Common Rooms: Kitchen, Living Room
  • Common Appliances: Range, Refrigerator

Financial

  • APOD Available: Yes
  • Expenses Source: Pro. Forma Available
  • Gross Operating Income: 78000
  • Gross Expenses: 67448
  • Water/Sewer: 3076
  • INSC: 454
  • Net Operating Income: 67448

Utilities

  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

  • Included in Rent: Water
  • Under Lease: No
  • Floors: 1
  • Levels: 1

Unit 2 Description

  • Included in Rent: Water
  • Under Lease: Yes
  • Floors: 2
  • Levels: 1

Unit 3 Description

  • Included in Rent: Water
  • Under Lease: Yes
  • Floors: 3
  • Levels: 1

Construction

  • Year Built: 1900
  • Type: 3 Family
  • Foundation Info: Fieldstone
  • Lead Paint: Yes
  • Warranty: No

Other Information

  • MLS ID# 73309455
  • Last Updated: 12/20/24
  • Terms: Contract for Deed, Rent w/Option

Mortgage Calculator

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Map

Seller's Representative: Paul Brouillette, LAER Realty Partners
Sub Agent Compensation: n/a
Buyer Agent Compensation: n/a
Facilitator Compensation: n/a
Compensation Based On: n/a
Sub-Agency Relationship Offered: No

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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.

MLS PIN data last updated at 2024-12-20 03:30:00