75 Bowers Street

Lowell, MA 01854

$1,325,000
Price
7
Beds
5
Baths
2,410 Sq. Ft.
$550 / Sq. Ft.
2,410
Sq. Ft.
$550
per Sq. Ft.

Description

ATTENTION all investors. Here is your chance to own this renovated & upgraded Turnkey 5 unit multi-family with Lead Certificates near UMASS Lowell. The property houses 5 units all with kitchens having updated/upgraded cabinets with Granite Counters and Stainless-Steel appliances. The 1st floor has 3 units; the 2nd floor has 2 units. Most flooring is Hardwood with some Tile. The property was renovated in 2019 and has a Sprinkler system, Security system with cameras, Monitored Fire Alarms, Updated...ATTENTION all investors. Here is your chance to own this renovated & upgraded Turnkey 5 unit multi-family with Lead Certificates near UMASS Lowell. The property houses 5 units all with kitchens having updated/upgraded cabinets with Granite Counters and Stainless-Steel appliances. The 1st floor has 3 units; the 2nd floor has 2 units. Most flooring is Hardwood with some Tile. The property was renovated in 2019 and has a Sprinkler system, Security system with cameras, Monitored Fire Alarms, Updated plumbing, Updated Electrical, 4 FHA High Efficiency Furnaces, 4 Central AC unit, New Windows, and Master keyed. The common Laundry on the first floor takes debit or credit cards (operated by an outside company) and the property has motion lights. All this plus off-street parking for 3 or 4 cars.
  1. Listed by Raymond Boutin • RE/MAX Innovative Properties

Property Details for 75 Bowers Street

Town
Lowell
Area
MA-Lowell
Garage Spaces
0
Parking Spaces
4.00
Parking Spaces Total
4
LISTING UPDATED: 10/31/2024 03:07 AM

Property Details for 75 Bowers Street

StatusActive
MLS #73299229
Days on Market44
Taxes$6,269 / year
HOA Fees-
Compass TypeMulti Family
MLS TypeMulti-family / 5+ Family - 5+ Units Up/Down
Year Built1900
CountyMiddlesex County

Building Information for 75 Bowers Street

Stories7Residences5Year Built1900Building Size-Lot Size0.09 AC / 3,920 SF

Property Information for 75 Bowers Street

General Details
Property Details
  • Building Area Units: Square Feet
  • Community Features: Public Transportation, Shopping, Tennis Court, Park, Medical Facility, Laundromat, Conservation Area, House of Worship, Public School, University
  • Living Area: 2410.0
  • SqFt with Basement: No
  • Total Units: 5
  • Waterfront: No
  • Year Built Details: Actual
  • Year Built Source: Public Records
Location/School
  • Grade School: Lps
  • High School: Lps Or Gltech
  • Middle School: Lps
Features
Interior Features
  • Appliances: Washer/Dryer, Range, Dishwasher, Microwave, Refrigerator
  • Basement Features: Full, Walk Out
  • Num of Baths: 5.0
  • Num of Full Baths: 5
  • Num of Half Baths: 0
  • Bathrooms Total Decimal: 5.00
  • Bathrooms Total Integer: 5
  • FireplaceYN: No
  • Fireplaces: 0
  • Flooring: Tile, Laminate, Hardwood
  • Interior Features: Lead Certification Available, Laundry Room, Upgraded Cabinets, Upgraded Countertops, Stone/Granite/Solid Counters, Living Room, Kitchen
  • Interior Features: Security System
  • Laundry Features: Electric Dryer Hookup, Washer Hookup
  • SpaYN: No
  • Window Features: Insulated Windows
Exterior Features
  • Construction: Frame
  • Exterior Features: Porch
  • Lot Description: Level
  • Patio And Porch Features: Porch
  • Roof Material: Shingle
Parking Features
  • Covered Spaces: .00
  • Garage: No
  • Garage Parking: Paved Drive, Off-Street, On Street Permit
  • Open Parking: Yes
  • Parking Features: Paved Drive, Off-Street, On Street Permit
  • Parking Features: Off-Street, On Street Permit
Utilities
  • Cooling: Central Air
  • Cooling: Yes
  • Electric: Circuit Breakers
  • Heating: Forced Air, Natural Gas, Electric
  • Heating: Yes
  • Sewer: City/Town Sewer
  • Utility Connections: for Electric Dryer, Washer Hookup
  • Water: Public
Property Information
Property Info
  • Farm Land Area Units: Square Feet
  • WARRANTY: No
  • Lot Size Units: Acres
  • Road Frontage Type: Public
  • Disclosures: Buyers/buyer agents to verify all information. 2023 expenses above-Water and sewer expense combined is $1,307,"MISC" is for Alarm and Sprinkler monitoring at $950. Additional income of $558 annually from the laundry contract.
Tax Information
  • Tax ID: M:117 B:705 L:75,3182323
  • Assessments: $526,400
  • Book: 2561
  • Tax Year: 2024
  • Zoning: TMF
Building / Association Information
Living Characteristics
  • Beds Total: 7
  • Total Living Levels: 7
Other Building Characteristics
  • Foundation: Stone
  • Cooling Units: 4
  • Cooling Zones: 4
  • Heat Units: 5
  • Heat Zones: 5
Income / Expenses
  • Electricity: $934.00
  • GOI: $94,278.00
  • Gross Scheduled Income: $1,131.00
  • Insurance: $4,160.00
  • GRE: $9,282
  • MSE: $950
  • RFS: $800
  • NOI: $84,996.00
  • Operating Expense: $9,282.00
  • WSE: $1,307.00
Complex & Association Information
  • Association Security: Security System
  • Adult Community: No
Unit Information
Unit 1 Description
  • Floor U1: 1
  • Lease U1: N
  • Levels U1: 1
Unit 2 Description
  • Floor U2: 1
  • Lease U2: N
  • Levels U2: 1
Unit 3 Description
  • Floor U3: 1
  • Lease U3: N
  • Levels U3: 1
Unit 4 Description
  • Floor U4: 2
  • Lease U4: N
  • Levels U4: 1
Rental Info
Rental Info
  • Total Actual Rent: $7,810.00

Property History for 75 Bowers Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 75 Bowers Street

Taxable ValueLand$92,900Additions$433,500Total$526,400
Tax Record2024$6,269 ($522 / month)
Home Facts
Baths5Total Finished SqFt2,410 SqFtAbove Grade Finished SqFt2,410 SqFtUnfinished Basement SqFt1,576 SqFtStories2Lot Size3,920 SqFtStyleMulti-Family Res (5+ Units)Year Built1900ZoningTMFCountyMIDDLESEXAPNLOWE M:117 B:705 L:75

Schools near 75 Bowers Street

This home is within Lowell School District.
Rating
School
Type
Grades
Distance
Public - PK to 4
Public - PK to 4
Public - PK to 4
Public - PK to 4
Rating
School
Distance
Joseph McAvinnue Elementary School
PublicPK to 4

C.W. Morey Elementary School
PublicPK to 4

Abraham Lincoln Elementary School
PublicPK to 4

Charlotte M Murkland Elementary School
PublicPK to 4

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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75 Bowers Street is a multi-family home for sale in Lowell, MA 01854. This property was listed for sale on October 6, 2024 by RE/MAX Innovative Properties, it's currently listed at $1,325,000. This listing's school district is Lowell School District. Nearby schools include Joseph McAvinnue Elementary School, C.W. Morey Elementary School and Abraham Lincoln Elementary School. 75 Bowers Street is a 7-bed, 5-bath, 2,410 sqft multi-family home built in 1900.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of RE/MAX Innovative Properties, Raymond Boutin

The property listing data and information, or the images, set forth herein were provided to MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS. The property listing data and information, and the images, 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., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the images, set forth herein.