22 Grand St - Multi-Family FOR SALE


Lowell, MA 01851- Highlands Lowell
$975,000 USD
203-692-2420
22 Grand St, Lowell, MA for Sale
$975,000 USD
Multi-Family - FOR SALE
1/19
null | 6.36% Cap Rate

22 Grand St
Lowell, MA 01851
Highlands Lowell


HIGHLIGHTS

  • Four Unit Multifamily Property
  • (3) Two Bedroom, (1) Three Bedroom; (2) Bath
  • Tenant Paid Utilities
  • New Roof, Windows, Electrical, etc.
  • Walking Distance to Lowell MBTA

OVERVIEW

Northeast Private Client Group is pleased to present the Grand Street Apartments located at 22 Grand Street in the Highlands section of Lowell. The Grand Street Apartments consists of three 2 Bedroom apartments and one Three Bedroom-2 Bath townhouse. Utilities are all separately metered and tenants have access to a coin operated laundry room in the basement. This 4,500 sq ft property has renovated units, hvac systems, electrical, and plumbing. The property is located just .4 miles from the Lowell MBTA station and is in Downtown Overlay district which encourages new development. The new owner can add by-right 2 units the building.

FOR SALE DETAILS

PRICE

$975,000 USD

PRICE/SF

$513 USD /SF

# OF UNITS

4

PRICE/UNIT

$243,750

CAP RATE

6.36%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Grand Street Apartments

PROPERTY TYPE

Multi-Family

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1900

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Edward JordanNortheast Private Client GroupMore Info
203-692-2420

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Edward JordanNortheast Private Client GroupMore Info
203-692-2420

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