11-15 Lilley Ave - Apartments FOR SALE


Lowell, MA 01850- Centralville
$1,795,000 USD
413-896-3060
11-15 Lilley Ave, Lowell, MA for Sale
$1,795,000 USD
Apartments - FOR SALE
1/13
null | Request Cap Rate

11-15 Lilley Ave
Lowell, MA 01850
Centralville


HIGHLIGHTS

  • Eight-Unit Apartment Building
  • Three and Four-Bedroom Floor Plans
  • Laundry on Each Floor
  • Additional Basement Storage
  • Tenant-Paid Separate Gas and Electricity
  • Significant Renovation in 2011

OVERVIEW

Northeast Private Client Group is pleased to present the Lilley Avenue Apartments located at 11-15 Lilley Avenue in Lowell, Massachusetts. The eight-unit apartment building is comprised of (4) three-bedroom and (4) four-bedroom apartments. The property features laundry machines for tenants on each floor. and additional partitioned storage in the basement. Tenants are responsible for paying their own separately metered gas and electricity. The current owner renovated the property in 2011 with new plumbing, electrical, sprinkler, HVAC, windows, kitchen, and bathroom upgrades. Quality units and below-market rents give a new owner the opportunity to make cosmetic upgrades and bring rents to market levels. All interested and qualified parties will have the opportunity to tour the property during scheduled showings.

FOR SALE DETAILS

PRICE

$1,795,000 USD

PRICE/SF

$180 USD /SF

# OF UNITS

8

PRICE/UNIT

$224,375

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Lilley Avenue Apartments

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

4

YEAR BUILT

1930

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.1 AC

LAND SF

4,356 SF

ZONING

TMF

APN/PARCEL ID

LOWE-000155-003600-000011

ASK ABOUT THIS PROPERTY

James CaseyNortheast Private Client GroupMore Info
413-896-3060

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James CaseyNortheast Private Client GroupMore Info
413-896-3060

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.