RE/MAX On the Move | Insight | Advantage

Tim Desmarais
Tim Desmarais
RE/MAX On the Move | Insight | Advantage

20-22 Cady St, Lowell, MA 01852


Sale Price

Approx. GLA
Great potential to generate solid income! Generous sized two family with recent improvements such as paint and flooring in both units. Modern heating systems and electrical panels, separate utilities and recent water heaters for both units. Walking distance to public transportation and historic downtown. This property has a great rental history and it can continue for you. One unit currently occupied with tenants who would like to stay. The second floor unit is move in ready with great views from the back porch. Lead paint certificates for both unit. This is a "no brainer" purchase for the investor or owner occupant.
Sale Price: $300,000
Settled Date: 12/6/2017 12:00:00 AM
Basement Features: Full, Interior Access
List Price: $315,000
Type: Multi-Family
Multi-Family Type: 2 Family - 2 Units Up/Down
Status: Sold
Beds: 8
Baths: 2
Units: 2
Year Built: 1920
Year Round: Yes
Approx. GLA: 2,648
MLS#: 72237115
Basement: Yes
Electric Features: Circuit Breakers, Individually Metered
Heating Units: 2
Heating Zones: 2
Flooring: Vinyl, Wall to Wall Carpet, Laminate, Hardwood
Hot Water: Natural Gas
Rooms: 12
Lead Paint: Certified Treated
Total Floors: 3
Water: No
Acres: 0.05
Lot Size: 2,152.00
Lot Description: Other (See Remarks)
Foundation: Irregular
Parking Spaces: 2
Road Type: Public
Color: Green
Construction: Frame
Roof Material: Asphalt/Fiberglass Shingles
Exterior: Vinyl
Water: City/Town Water
Water: City/Town Water
Short Sale Lender Approval: No
Lender Owned: No
APOD Available: No
Assessed Price: $213,700
Taxes: $3,239
Tax Year: 2016
Book/Page: 23631/19
Warranty Available: No
Beach: No
Gross Income: $15,600
Total Rent: $1,200
Net Income: $15,600
Amenities: Public Transportation, Shopping, T-Station
Disclosure Declaration: Yes
Total Rooms Bedrooms Fireplaces Floors Full Baths Half Baths Lease Levels Rent
Unit 1 5 3 0 1 1 0 No 1 $1,300
Unit 2 7 5 0 2 1 0 No 2
Units Extras
Unit 1
Heating:  Forced Air, Gas  Interior:  Bathroom With Tub  Rooms:  Living Room, Kitchen 
Unit 2
Rooms:  Living Room, Kitchen 
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The listing office is RE/MAX Insight and the listing agent is Tim Desmarais. 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 9/20/2018 10:05:00 AM.