Located in the heart of Lowell, Massachusetts, this Multi-Unit property is a lucrative investment opportunity. Boasting 9 bedrooms and 3 bathrooms across 3,739 square feet on a .05-acre lot, the property is ideal for an owner-occupant or savvy investor. Featuring newer water heaters for each of the three units, each offering 6 rooms that can be easily repurposed as 4 bedrooms, with approximately 1,300 square feet per unit. The property is ready for immediate occupancy on the first floor, offering great potential for rental income. Don't miss this chance to own a versatile and income-generating property in a prime location. This property is walking distance to downtown Lowell and close to major highways (Rte. 3 & Rte. 495). Do not wait to see this home!!
Property Details
Property Features
Property Information:
Year Built: 1900
Living Area: 3,739 SqFt
Listing Office:
Office Name: LAER Realty Partners
Office Phone: (978) 251-8221
Listing Agent: Bryan Perreira
Interior Features
Interior Information:
Appliances: Range, Refrigerator
Basement: Yes
Flooring Type: Wood, Vinyl, Carpet, Hardwood
Interior: Bathroom With Tub & Shower, Living Room, Dining Room, Kitchen
Bedroom and Bathroom Information:
Full Bathrooms: 3
Total Bedroom Count: 9
Lot Features
Lot Information:
Lot: Level
Lot Size: 0.05 Acres
School Info
Assigned Schools Information:
Lowell High School, Public District Grades 9-12
B.F.Butler Middle School, Public District Grades 5-8
Pyne Arts, Public District Grades PK-8
James Sullivan Middle School, Public District Grades 5-8
Moody Elementary School, Public District Grades KG-4
John J Shaughnessy, Public District Grades PK-4
Washington, Public District Grades PK-4
Other
Directions Information:
Directions: Gorham Street to Hobson Street to Linden Street
Price Information
Listing Price Info
Price Summary:
List Price: $749,900
Price Per SqFt: $201/SqFt
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Lowell, MA.
This property is $278.2K more than the Median Sold Price and $99/SqFt less than other homes in Lowell, MA.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: MLS Property Information Network
MLS Number: #73301825
Listing Office:
Office Name: LAER Realty Partners
Office Phone: (978) 251-8221
Listing Agent: Bryan Perreira
Disclaimer: 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. We may make use of information provided by users of this website - see our Terms of Use for more details on our privacy policy. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 10/27/2024, 9:20:48 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
We're sorry, we currently don't have sales or tax history data for this listing.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$3,810
Per Month
Principal & Interest
$3,743
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$2,315
Powered By
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
Elementary School
2
/10
Moody Elementary School
158 Rogers St
Distance between this listing and this school0.51 miles
Public District Grades KG-4
6
/10
John J Shaughnessy
1158 Gorham St
Distance between this listing and this school0.83 miles
Public District Grades PK-4
6
/10
Washington
795 Wilder St
Distance between this listing and this school1.37 miles
Public District Grades PK-4
Middle School
3
/10
B.F.Butler Middle School
1140 Gorham St
Distance between this listing and this school0.81 miles
Public District Grades 5-8
5
/10
Pyne Arts
145 Boylston St
Distance between this listing and this school1.19 miles
Public District Grades PK-8
3
/10
James Sullivan Middle School
150 Draper St
Distance between this listing and this school1.31 miles
Public District Grades 5-8
High School
3
/10
Lowell High School
50 Father Morrissette Boulevar
Distance between this listing and this school0.77 miles
Public District Grades 9-12
Assigned Schools
2
/10
Moody Elementary School
158 Rogers St
Distance between this listing and this school0.51 miles
Public District Grades KG-4
6
/10
John J Shaughnessy
1158 Gorham St
Distance between this listing and this school0.83 miles
Public District Grades PK-4
6
/10
Washington
795 Wilder St
Distance between this listing and this school1.37 miles
Public District Grades PK-4
Assigned Schools
3
/10
B.F.Butler Middle School
1140 Gorham St
Distance between this listing and this school0.81 miles
Public District Grades 5-8
5
/10
Pyne Arts
145 Boylston St
Distance between this listing and this school1.19 miles
Public District Grades PK-8
3
/10
James Sullivan Middle School
150 Draper St
Distance between this listing and this school1.31 miles
Public District Grades 5-8
Assigned Schools
3
/10
Lowell High School
50 Father Morrissette Boulevar
Distance between this listing and this school0.77 miles
Public District Grades 9-12
Nearby Schools
1
/10
Lowell Middlesex Academy Charter School
67 Middle St
Distance between this listing and this school0.60 miles
Public Charter Grades 9-12
4
/10
Dracut Senior High School
1540 Lakeview Ave
Distance between this listing and this school3.04 miles
The neighbors living near this home have an average income of $66,635. Residents of Lowell, MA typically earn between $35k-100k each year. Most families are single, no kids. Most residents in this area have high school diploma education.
This home is located at 22-24 Linden St in Lowell, MA and zip code 01852 in the Back Central neighborhood. This 3,739 square foot home, which was built in 1900, sits on a 0.05 acre lot. Features: 9 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since October 14, 2024 and is currently priced at $749,900.
In September 2024 more than 36 listings in Lowell, MA were sold above the asking price. During the same period more than 9 listings were sold at asking price, while more than 9 were sold below. Between August 2024 and September 2024, Lowell, MA real estate market has seen increase in the number of listings by 2.8%. Listings spent 26 days on the market in September 2024, and had a median list price of $471,666 during the same period.
From Rocket Homes Real Estate and based on county public records data.