Investors should consider this rare opportunity: a free-standing brick building in Downtown Lowell, seldom on the market, featuring 21 residential units over 15,460 sq/ft. The property boasts 14 one-bedroom and 7 two-bedroom units, all well-maintained with amenities like gas cooking, ceiling fans, tiled baths, some with open floor plans and city views, in-building laundry, among others. This investment promises to yield excellent rents for its future owner for years ahead. Financial details can be provided upon request. Presently, the building is fully occupied, highlighting the numerous benefits of owning such an investment property.
MLS# | 73284001 |
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Listing Type | For Sale |
Style | Town House |
Sub-Type | Resale |
Status | Active Under Contract |
Year | 1900 |
Days On Site | 10 |
Listing Provided By | LAER Realty Partners | Spiro Skinsacos |
Bed(s) | 28 |
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Bath(s) | 21 Total |
SQ Feet | 15,412 |
Basement | Y |
Story(s) | 8 |
Units | 21 |
Zoning | UMU |
Acreage | 0.17 |
Property View | Yes |
State | MA |
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County | Middlesex |
City | Lowell |
Zip Code | 01852 |
Area | Downtown |
School District | Lowell High |
Listing VS Median (in 01852) | |
Price: $2,900,000 low | high Med: $451,000 SqFt: 15,412 low | high Med: 1,403 $ / SqFt: $188 low | high Med: $322 On Site: 10 low | high Med: 37.500000 |