CCertihomes
89 5th Ave, Lowell, MA 01854

$599,999

4 beds 2 baths 1,548 sqft Built 19264 days on marketActive

About this home

Don't miss out on this incredible investment opportunity! Nestled close to UMASS, this charming 2-family property offers not only a prime location but also a fantastic addition - an included parking lot situated on 11 Arthur Street. Step inside to discover the first-floor unit featuring 2 spacious bedrooms, an updated bathroom, a generously sized living room, and a well-appointed kitchen. Travel to the second level to find another recently updated unit boasting 2 bedrooms, 1 bathroom, a spacious living room, dining room, and kitchen. With easy access to UMass Lowell, Downtown Lowell, and major routes 93 and 495, this property is ideally located near shopping, restaurants, and more. Whether you're an investor seeking a lucrative opportunity or a first-time buyer looking for a comfortable home, this property has it all. Schedule your viewing today and seize this exceptional chance!

Affordability — calculate your monthly payment

Adjust your budget to see what's left after housing, utilities and transportation. Numbers below assume a 5% down, 30YrFixed at 7.2% APR.

Your estimated payment
$5,324/mo

Real estate (PITI + HOA + PMI)
$5,035
Principal + interest$3,869
Property tax + insurance$941
PMI / 2nd mortgage$225
Utilities
$562
Heating + cooling$119
Internet + TV + phone$158
Water + sewer + garbage$58
Transportation
$129
Car insurance + maintenance$129
Other (entertainment)
$158
$5,324/mo TLC
Budget$5,824/mo
Remaining after TLC$500/mo
Purchase price
$599,999
Down payment
$30,000 (5%)
Loan amount
$569,999
APR
7.2%

Quick facts

Type
Multi Family
Style
Year built
1926
Lot size
0.07 ac
Stories
3
Heating
Cooling
Water
Public
HOA
Annual tax
$4,089
MLS #
73236280
County
Middlesex

At a glance

Basement

Home features

Parking
Off Street
Sewer
Public Sewer

Lot features

Other

Neighborhood — 01854

MetricThis ZIPCountyUSA
Population24,7646,444,931299,088,112
Population Change Since19902.00%7.00%20.00%
Population Density5,664786
Male12,3883,127,134147,432,321
Female12,3763,317,797151,655,844
Never Married7,6301,612,88563,775,926
Married7,6332,586,314123,120,365
Separated1,544247,85712,639,686
Widowed1,366363,59415,467,586
Divorced1,748436,88823,075,029
Number Of House Hold8,3372,431,591111,826,380
Average House Hold Size2.672.562.60
Medial Age31.9837.2535.46
Median House Hold Income$45,280$57,698$48,276
Average House Hold Income$53,732$75,023$63,629
P C I$20,111$29,196$24,529
M D I$39,083$48,105$41,133
A T H E$45,838$57,083$50,898
S T R5.00%5.00%
W C J80.90%81.38%77.74%
(Zip) Code
1854

Data via Certihomes neighborhood index. Comparisons across this ZIP, county and the United States.

Map & walkability

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MLSPIN

Listing information last refreshed 5/10/2024. Provided courtesy of the listing office via MLSPIN. Information deemed reliable but not guaranteed.