116 Walker St - Apartments FOR SALE


Lowell, MA 01854- The Acre
$900,000 USD
781-776-4002
116 Walker St, Lowell, MA for Sale
$900,000 USD
Apartments - FOR SALE
1/9
null | 7.23% Cap Rate

116 Walker St
Lowell, MA 01854
The Acre


HIGHLIGHTS

  • Access & Connectivity
  • Area Amenities & Demand Drivers
  • Prime Merrimack Valley Location
  • Off-Street Parking
  • Strong Rental Demographics & Demand
  • Quality of Life Amenities

OVERVIEW

Horvath & Tremblay is pleased to present the exclusive opportunity to purchase the multi-family investment property located at 116-118 Walker Street in Lowell, MA (the “Property”). The multi-story building contains one (1) 3-Bedroom/1-Bathroom unit, one (1) 2+Bedroom/1-Bathroom unit, and three (3) 1-Bedroom/1-Bathroom units with 3,832 square feet of gross living area in 5,627 square feet of gross area. The Property is situated upon a 0.09 acre parcel and features three (3) sets of tandem parking spaces, capable of fitting up to six (6) cars. 116–118 Walker Street is strategically located in the urban core of Lowell, offering convenient access to the city’s downtown amenities, neighborhood retail corridors, and surrounding residential communities. The property benefits from strong regional connectivity via major thoroughfares including Interstate 495 and U.S. Route 3, providing direct access to the broader Merrimack Valley and Greater Boston region.

FOR SALE DETAILS

PRICE

$900,000 USD

PRICE/SF

$160 USD /SF

# OF UNITS

5

PRICE/UNIT

$180,000

CAP RATE

7.23%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

116-118 Walker St

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1900

PARKING SPACES

3

LAND DETAILS

LAND ACRES

0.09 AC

LAND SF

3,920 SF

ZONING

TMF

APN/PARCEL ID

LOWE-000101-006085-000116

ASK ABOUT THIS PROPERTY

Dennis KelleherHorvath & TremblayMore Info
781-776-4002

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Dennis KelleherHorvath & TremblayMore Info
781-776-4002

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