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Prepared for : Jul-22-2019 09:37:34 pm

523 Lowell Street
Methuen, MA. 01844-2256
MLS # 72450892
Multi-Family 2 Family - 2 Units Up/Down Blue  
Status Sold
County Essex
Directions Corner Of Lowell St And Sawyer.
List Price $419,900 Days on Market  
List Date   # Units 2
Sale Price $419,900 # Floors  
Sold Date 3/20/19 Rooms 10
Assessed Value $311,500 Bedrooms 4
Gross Living Area 2,194SF Full Baths  
Lot Size 10,538SF Half Baths  
Taxes $4,445.00 Fireplaces  
Tax Year 2018 Basement Yes
Zoning RB Waterfront No
Est. Street Front   Beach Nearby No
Year Built 1925 Parking Spaces 6
    Garage Spaces 1
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Down Payment $
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LOCATION, LOCATION! Sellers are relocating, buyers take advantage! This fantastic 2-family is perched on a 1/4 acre lot on the West side of town. Situated on the corner of Sawyer and Lowell, this Multi offers privacy and convenience. The first floor unit features high ceilings, open floor plan and loads of natural sunlight through the oversized windows. Freshly painted throughout, gorgeous hardwood floors and an open concept kitchen and dining area. This unit also features two spacious bedrooms and a COMPLETELY REMODELED BATH! The 2nd floor unit offers great space with two bedrooms, kitchen, dining and living room, and a separate room for office or additional bedroom. Walk up attic for additional storage. A RARE FIND ~ SPACIOUS yard, along with a 2 CAR GARAGE. Steady income on the second floor, at $1200/month. Within close proximity to walking parks, Hickory Hill Golf Course and just a mile to Route 93.


Amenities : Public Transportation, Shopping, Park, Golf Course, Medical Facility, Laundromat, Highway Access, Private School, Public School
Basement : Full, Walk Out
Construction : Frame
Electricity : Circuit Breakers, 100 Amps
Exterior : Vinyl
Exterior Feat. : Covered Patio/Deck
Flooring : Wood, Vinyl, Wall to Wall Carpet
Foundation : Fieldstone, Irregular
Hot Water : Tankless
Lead Paint : Unknown
Lot : Corner, Paved Drive
Parking : Off-Street
Road : Public
Roof : Asphalt/Fiberglass Shingles
Sewer / Water : City/Town Sewer, City/Town Water
Utility Connections : for Gas Range, for Electric Dryer, Washer Hookup

Unit 1 : Appliances: Range, Dishwasher, Disposal, Microwave; Bedrooms: 2; Cooling: Other (See Remarks); Floor: 1; Full Baths: 1; Heating: Hot Water Baseboard, Oil, Other (See Remarks); Interior: Cathedral/Vaulted Ceilings, Central Vacuum, Hardwood Floors; Lease: No; Levels: 1; Rooms: 5; Rooms Desc.: Living Room, Dining Room, Kitchen
Unit 2 : Appliances: Range, Dishwasher, Refrigerator; Bedrooms: 2; Cooling: None; Floor: 2; Full Baths: 1; Heating: Steam, Oil; Interior: Walk-Up Attic; Lease: No; Levels: 1; Rent: 1200; Rent Includes: Water; Rooms: 5; Rooms Desc.: Living Room, Kitchen, Sunroom

Gross Oper. Income : $14,400
Net Oper. Income : $14,400

APOD Available? : No
Adult Community : No
Anticipated Sale Date : 03/21/2019
Deed : Book: 15073, Page: 349, Cert. #: 0000000112
Disclosures : 2nd floor tenant with excellent history is in a lease until end of August, 2019. Refrigerator on 2nd floor remains, 1st for excluded. Washer and Dryer remain as gifts.
Exclusions : 1st floor unit refrigerator & portable island is excluded.
Foreclosure : No
GLA Source : Public Record
Off Market Date : 2/28/19
Parcel # : M:00318 B:00165A L:00094
Schools : Grade School: See Super, Middle School: See Super, High School: Methuen High
Seller Disclosure Doc : Yes
Short Sale : No
Terms : Contract for Deed
Year Built Desc. : Actual
Year Built Source : Public Record


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