1149 Middlesex St - Apartments FOR SALE


Lowell, MA 01851- Highlands Lowell
$2,300,000 USD
254-383-5521
1149 Middlesex St, Lowell, MA for Sale
$2,300,000 USD
Apartments - FOR SALE
1/23
null | 4.93% Cap Rate

1149 Middlesex St
Lowell, MA 01851
Highlands Lowell


HIGHLIGHTS

  • Built in 2017
  • Private Parking
  • Class A Units
  • Security System

OVERVIEW

Immaculate 6-unit multifamily in Lowell’s Highlands, built in 2017 and just steps from UMass Lowell campus. Pride of ownership is evident throughout with tile flooring, granite countertops, stainless steel appliances, high ceilings, and custom woodwork. Each unit is separately metered for gas and electric and includes its own central heat and AC. The property is fully fenced and features off-street parking for each unit as well as security cameras monitoring the parking lot and common areas. A rare turnkey investment in a prime location with strong rental demand.

FOR SALE DETAILS

PRICE

$2,300,000 USD

PRICE/SF

$517 USD /SF

# OF UNITS

21

PRICE/UNIT

$109,524

CAP RATE

4.93%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

2017

PARKING SPACES

15

LAND DETAILS

LAND ACRES

0.35 AC

LAND SF

15,246 SF

ZONING

M2001

APN/PARCEL ID

LOWE-000102-004085-001149

ASK ABOUT THIS PROPERTY

Patrick HermansJ. Borstell Real EstateMore Info
254-383-5521

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Patrick HermansJ. Borstell Real EstateMore Info
254-383-5521

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