Price Reduction
Address
55 Varnum St Lowell, MA
Price
$ 699,000
Property Attributes
  • MLS#72827750
  • TypeMulti-Family
  • CountyMIDDLESEX
  • CityLowell
  • Zip01850
  • Style5+ Family - Rooming House
  • Year Built1900
  • Taxes$ 5228
  • Price$ 699,000
  • Bedrooms12
  • Full Bathrooms4
  • Half Bathrooms0
  • Sqr Footage3894
  • Lot Size0.32 Acres
Listing Provided Courtesy Of:
Daniel Donoghue with Coldwell Banker Realty - Chelmsford.
Data Source:
MLSPIN
Property Description

Good investment opportunity: This 15 room, 12 bedroom colonial home has been a functioning sober-home for men for the past 14 years, affiliated with Oxford House. Presently, 10 bedrooms are occupied providing steady monthly income. Common areas include; the Kitchen, Living Room and Dining/Meeting Room. The property has a new roof, vinyl siding and fire sprinkler system. Located on a quiet street in the Christian Hill neighborhood, this property offers a nice setting with plenty of off-street parking. The real estate and business with full furnishings are being offered for sale at $729,000. Accompanied showings only.

Price History
5/7/2021 Listed $729,000
6/2/2021 5% - $699,000

General Features

Construction Material Frame
Electrical Equipment/Features 110 Volts, 220 Volts, 200 Amps
Exterior Features Porch
Full Baths 4
Heat Zones 2
Heated Units 2
Lead Paint Unknown
Levels 3
Parking Features Off-Street
Parking Spaces 10
Roof Asphalt/Fiberglass Shingles
Sewer City/Town Sewer
Square Feet 3894.00
State Massachusetts
Unit 1 Rent 1800
Unit 2 Rent 3000
Unit 3 Rent 1200

Interior Features

Basement Features Full, Walk Out
Bedrooms (1) 4
Bedrooms (2) 5
Bedrooms (3) 3
Hot Water Natural Gas, Tank
Total Bedrooms 12
Total Number of Units 1

Exterior Features

Exterior Vinyl
Foundation Fieldstone
House Color White
Lot Description Gentle Slope

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 01850

Price
AVG $580K
$700K
Taxes
AVG $5,151
$5,228
Visits
AVG 8
22
Year Built
AVG 1925
1900

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