Marilyn Ellis, CBR, CHMS, LMS, HAFA
RE/MAX Leading Edge | 781-944-6060 | marilynellis@remax.net

337 Princeton Blvd., Lowell, MA 01851

Lowell Highlands

Multi-Family

$199,900
Price
$226,000
Sale Price

2
Units
1,612
Approx. GLA
APPROVED SS NEEDS BUYER at $217,000.00. NO POWER BRING A LIGHT. This property needs some updating but it will be worth the effort with an ARV of $250k+. This property is a legal 2-family but functions as a single too (you decide). The current 2 family configuration is set up more like an in-law and would make a nice apartment for an adult child or parent. The 2 units share an entrance and utilities so privacy may be an issue. Styled like most Cape style homes this home features 2 levels of living space (3 levels if you finish basement). The first floor features living rm, large eat-in kitchen, full bath and 2 nicely sized bedrooms. The 2nd floor features a front to back living rm, kitchen/dining area, full bath and 2 bedrooms. Laundry in bsmt. This property will shine with some TLC (paint and flooring), update kitchens and baths to net a higher return or restore to a single family and enjoy all the space! Minutes to Rt. 3, dining, shops, UMass Lowell!
Highlights
Terms: Lender Approval Required
Sale Price: $226,000
Settled Date: 6/30/2017 12:00:00 AM
Area/Village: Lowell Highlands
Basement Features: Full, Partially Finished, Interior Access, Bulkhead, Concrete Floor
List Price: $199,900
Type: Multi-Family
Multi-Family Type: 2 Family - 2 Units Up/Down
Status: Sold
Beds: 4
Baths: 2
Units: 2
Year Built: 1961
Year Round: Yes
Approx. GLA: 1,612
MLS#: 72107864
 
 
Interior
Basement: Yes
Cooling Units: 2
Cooling Zones: 2
Electric Features: Circuit Breakers, 100 Amps
Heating Units: 1
Heating Zones: 2
Flooring: Vinyl, Wall to Wall Carpet
Energy: Storm Doors
Hot Water: Natural Gas
Rooms: 7
Lead Paint: Unknown
Total Floors: 2
UFFI: Unknown
Exterior
Water: No
Facing: Unknown
Acres: 0.12
Lot Size: 5,350.00
Lot Description: Paved Drive, Cleared, Fenced/Enclosed, Level
Foundation: Poured Concrete
Parking Spaces: 2
Parking Features: Off-Street, Paved Driveway
Road Type: Public, Paved, Publicly Maint., Sidewalk
Color: Red
Construction: Frame
Roof Material: Asphalt/Fiberglass Shingles
Utility: for Electric Range, for Electric Dryer, Washer Hookup
Exterior: Shingles
Exterior Features: Fenced Yard
Water: City/Town Water
Water: City/Town Water
Taxes
Short Sale Lender Approval: Yes
Lender Owned: No
APOD Available: No
Assessed Price: $228,600
Taxes: $3,466
Tax Year: 2016
Book/Page: 20239/119
Warranty Available: No
School
High School: LHS
Beach
Beach: No
Expenses
Gross Income: $25,200
Net Income: $25,200
 
Additional
Amenities: Public Transportation, Shopping, Park, Walk/Jog Trails, Laundromat, Highway Access, University
Exclusions: Personal property.
Disclosure Declaration: No
Disclosure: Subject to 3rd party approval. Property sold "as-is". There is no money for repairs so pls base your offer on the "as-is" condition. 2 units share entrance and utilities. Interior/exterior needs paint. Off street parking for 2 cars. Fenced yard.
Units
Total Rooms Bedrooms Fireplaces Floors Full Baths Half Baths Lease Levels Rent
Unit 1 4 2 0 1 1 0 No 1 $1,100
Unit 2 4 2 0 2 1 0 No 1 $1,000
Units Extras
Unit 1
Rent Includes:  Heat, Water, Hot Water  Cooling:  Wall AC  Applicances:  Range, Dishwasher  Heating:  Hot Water Baseboard, Gas  Interior:  Cable TV Available  Rooms:  Living Room, Kitchen, Laundry 
Unit 2
Rent Includes:  Heat, Water, Hot Water  Cooling:  Wall AC  Applicances:  Range, Dishwasher  Heating:  Hot Water Baseboard, Gas  Interior:  Cable TV Available  Rooms:  Kitchen, Living RM/Dining RM Combo 
Common
Rooms:  Laundry, Other (See Remarks) 
Map
The listing office is RE/MAX Leading Edge and the listing agent is Gwen Lawson. The property listing data and information, or the images, 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, 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. and it's 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. The data was last modified on 11/22/2017 11:05:00 AM.
 
Marilyn Ellis, CBR, CHMS, LMS, HAFA
Marilyn Ellis, CBR, CHMS, LMS, HAFA
Fine Homes Specialist
RE/MAX Leading Edge