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282 High St, Lowell MA 01852 – 7 bed 2 bath For Sale – 73318112

$ 499,900
282 High St, Lowell MA 01852,

Overview

  • Updated On:
  • January 30, 2025
  • listingid
  • 73318112
  • 7 Bedrooms
  • 2 Bathrooms
  • 0 Garage Spaces
  • 2 Non-Garage Parking Spaces
  • 1900

Description

Outstanding investment opportunity with a strong 7.9% cap rate. Ideal for a 1031 exchange and qualifies for flipping. This front-and-back duplex features a small private yard and two on-street parking spaces. Located in Lower Belvedere, the property offers convenient access to downtown shopping, highways, and Shed Park. The front unit is brick frame, while the rear unit is wood frame construction. Property is being sold “as is, where is.” Two paying tenants are currently in place and are willing to stay for an investor.

Property Listing Details

Overview

MLS Status
Price $ 499,900
Living Area 2,130.00 ft2
Bedrooms 7
Total Rooms 11
Listing MLS ID 73318112
Days on Market 37
Bathrooms 2

Unit Information

Bedrooms 7
Full Bathrooms 2
Half Bathrooms 0
Cooling
Heating
Uncovered Parking 2
Garage Parking 0
Water View
Unit Level
Common Walls
Laundry Features
Lead Paint Yes,Certified Treated
Outdoor Space Available
Living Area Includes Basement
Patio And Porch Features
Parking Features Paved Drive,On Street
Waterview Features
Flooring

Building Information

Building Name
Units in Building 2
Pets Allowed
Association Amenities
Pool Features
Waterfront Features
Association Fee Includes
Construction Materials Frame,Brick
Year Built 1900
Security Features
Sewer Public Sewer
Spa Features
Structure Type
Water Source Public
Basement
Roof Shingle

Additional Details

Community Features
Disclosures
Last Updated 2025-01-30T16:26:00.000Z
Building Area Source Public Records
MLS PIN Page
Parcel Number M:200 B:2980 L:282,3192912
Original List Price 599900
Listing Office laer realty partners
Tax Annual Amount 5593
Tax Assessed Value 469600
Tax Book Number 00
Tax Year 2024
Year Built Details Approximate
Year Built Source Public Records
Zoning TTF
Listing Agent paul brouillette

Property Address

Address: 282 High St, Lowell MA 01852
City:
State/County:
Zip: 01852
Country: US

Amenities and Features

Other Features
Open Parking
Range
Refrigerator

Payment Calculator

$ 2,864.30
per month
  • Principal and Interest
  • Property Tax
  • HOA fee
$ 2,397.72

Map

Transport
Supermarkets
Schools
Restaurants
Pharmacies
Hospitals

What's Nearby

Food

Burrito Express
(1.15 miles)Burrito Express
Tasty Dumplings
(0.8 miles)Tasty Dumplings
Shah's Halal Food
(1.81 miles)Shah's Halal Food
Sergeant Burgers
(2.66 miles)Sergeant Burgers
Sizzling Kitchen
(1.02 miles)Sizzling Kitchen

Health & Medical

Lowell General Hospital
(0.3 miles)Lowell General Hospital
Lowell Family Medical Care, PC
(0.25 miles)Lowell Family Medical Care, PC
Healthland Medical Center
(0.37 miles)Healthland Medical Center
Greater Lowell Chiropractic And Rehabilitation
(0.46 miles)Greater Lowell Chiropractic And Rehabilitation
Argasinski Alexandra MD
(0.28 miles)Argasinski Alexandra MD

Shopping

Crose Nest
(0.66 miles)Crose Nest
Marshalls
(1.51 miles)Marshalls
lala books
(0.65 miles)lala books
TJ Maxx
(2.56 miles)TJ Maxx
Target
(1.56 miles)Target

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282 High St, Lowell MA 01852 | © 2024 DOUGLAS ELLIMAN REAL ESTATE. ALL MATERIAL PRESENTED HEREIN IS INTENDED FOR INFORMATION PURPOSES ONLY. WHILE THIS INFORMATION IS BELIEVED TO BE CORRECT, IT IS REPRESENTED SUBJECT TO ERRORS, OMISSIONS, CHANGES OR WITHDRAWAL WITHOUT NOTICE. ALL PROPERTY INFORMATION, INCLUDING, BUT NOT LIMITED TO SQUARE FOOTAGE, ROOM COUNT, NUMBER OF BEDROOMS AND THE SCHOOL DISTRICT IN PROPERTY LISTINGS ARE DEEMED RELIABLE, BUT SHOULD BE VERIFIED BY YOUR OWN ATTORNEY, ARCHITECT OR ZONING EXPERT. THE NUMBER OF BEDROOMS LISTED ABOVE IS NOT A LEGAL CONCLUSION. EACH PERSON SHOULD CONSULT WITH HIS/HER OWN ATTORNEY, ARCHITECT OR ZONING EXPERT TO MAKE A DETERMINATION AS TO THE NUMBER OF ROOMS IN THE UNIT THAT MAY BE LEGALLY USED AS A BEDROOM. EQUAL HOUSING OPPORTUNITY.

Property Details

282 High St, Lowell MA 01852 – 7 bed 2 bath For Sale – 73318112

$ 499,900

Status:

282 High St, Lowell MA 01852, , , 01852

Country: US

Property Overview

MLS #: 73318112

Type: /

Action:

Year Built: 1900 (Approximate, Source: Public Records, Effective: )

Living Area: 2,130.00 ft2 (Total: 2130 Square Feet, Source: Public Records)

Lot Size: 0.06 ft2 (Area: 0.06 Acres, SqFt: 2614)

Total Rooms: 11

Condition:

Availability:

Building Name:

Interior Features

Bedrooms: 7 (Main Level: )

Bathrooms: Total: 2 (Full: 2, Half: 0, Decimal: 2, Main Level: )

Basement:

Fireplaces: 0 ()

Flooring:

Laundry:

Window Features:

Door Features:

Accessibility:

Entry: Level , Location:

Other Equipment:

Construction & Design

Style:

Materials: Frame,Brick

Foundation: Stone (Area: )

Roof: Shingle

Stories: 5 ()

Common Walls:

Body Type:

Utilities & Green Features

Heating:

Cooling:

Water Source: Public

Sewer: Public Sewer ()

Utilities:

Electric: (Expense: )

Gas:

Energy Certificate:

Green Energy Efficient:

Green Energy Generation:

Green Indoor Air Quality:

Green Water Conservation:

Insulation:

Exterior & Lot Features

Garage Spaces: 0

Covered Spaces: 0

Parking Total: 2

Parking Features: Paved Drive,On Street

Pool:

Spa:

Patio/Porch:

Fencing: Fenced

Lot Features:

View: (, Waterview Y/N: )

Waterfront:

Road Frontage: Public ()

Road Surface:

Road Responsibility:

Other Structures:

Horse Amenities:

Wooded Area:

Pasture Area:

Cultivated Area:

Additional Parcels: (Number: )

Outdoor Space:

Community & Association

Community Features:

Association Fee: ()

Fee Includes:

Association Amenities:

Pets Allowed:

Schools: E: Moody Elem., M: James Sullivan, H: Lowell High

Zoning: TTF ()

MLS Area: Major: , Minor:

Management:

Optional Fee: (Includes: )

Property Description

Outstanding investment opportunity with a strong 7.9% cap rate. Ideal for a 1031 exchange and qualifies for flipping. This front-and-back duplex features a small private yard and two on-street parking spaces. Located in Lower Belvedere, the property offers convenient access to downtown shopping, highways, and Shed Park. The front unit is brick frame, while the rear unit is wood frame construction. Property is being sold “as is, where is.” Two paying tenants are currently in place and are willing to stay for an investor.

Room Details

Living Room (): x ( sqft) - Features:

Dining Room (): x ( sqft) - Features:

Kitchen (): x ( sqft) - Features:

Master Bedroom (): x ( sqft) - Features:

Master Bathroom: Features:

Laundry Dimensions:

Multi-Unit Information (if applicable)

Total Units: 2

Units Owner Occupied:

Unit 1: Beds: 4, Full Baths: 1, Half Baths: 0, Levels: 3, Rent: 2183, Lease: Y

Unit 2: Beds: 3, Full Baths: 1, Half Baths: 0, Levels: 2, Rent: 1700, Lease: N

Unit 3: Beds: , Full Baths: , Half Baths: , Levels: , Rent: , Lease:

Unit 4: Beds: , Full Baths: , Half Baths: , Levels: , Rent: , Lease:

Complex Complete:

Unit Building:

Financial & Lease Information

Tax Annual Amount: 5593 (Year: 2024)

Tax Assessed Value: 469600

Tax Block/Lot/Book/Map: / / 00 /

Parcel Number: M:200 B:2980 L:282,3192912

Special Licenses:

Current Financing:

Gross Income: 46596 (Scheduled: )

Net Operating Income: 46596

Operating Expense: 7105 (Water/Sewer: , Insurance: )

Financial Data Source: Pro. Forma Available

APOD Available: Yes

Tenant Pays:

Rent Includes: Unit 1(Gas,Water),Unit 2(Water)

Total Actual Rent: 3883

Lease Term: (Existing Type: )

Deposit Required: (Security: , First Month: , Last Month: )

Insurance Required:

References Required:

Listing & Agent Information

Listing Agent: (MLS ID: D0008773) / Team:

Listing Office: (MLS ID: AN1199)

Agent (Property):

Buyer Agent MLS ID:

Buyer Office MLS ID:

Listing Agreement: Exclusive Right To Sell

Listing Contract Date: 2024-12-24

Expiration Date: 1900-01-01

Original List Price: 599900

Price Per SqFt (List): 234.69

Market Time (Property): 37 (Broker: 37, Prev Broker: , Prev Property: 0)

MLS Status: Under Agreement

Possession:

Directions: Rte. 133 / Andover St to High St

Disclosures: , N

Lead Paint: Yes,Certified Treated

Title 5:

Exclusions:

Contingency:

Special Listing Conditions:

Lender Owned:

Short Sale Lender Approval Required:

Home Warranty Y/N:

Documents Available: (Count: )

Showings Deferral Date:

Open House Flag: 1

Listing Alert: No

Square Feet Disclosures: (Incl. Base: No, Other: )

Master Book/Page: / (Page: 00)

Sale Information (if applicable)

Close Date:

Close Price:

Price Per SqFt (Sold):

Anticipated Sold Date: 2025-03-07T05:00:00.000Z

Concessions Amount:

Purchase Contract Date: 2025-01-30

Sold vs Rent:

System Information

Property ID: 1189786

Modification Timestamp: 2025-01-30T16:26:00.000Z

Bridge Modification Timestamp: 2025-01-30T16:28:57.299Z

Original Entry Timestamp: 2024-12-24T17:32:00.000Z

Status Change Timestamp: 2025-01-30T16:26:00.000Z

Off Market Date: 2025-01-30

Development Status:

Business Type:

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