237 Branch St - Apartments FOR SALE


Lowell, MA 01851- Highlands Lowell
$1,580,000 USD
203-414-9232
237 Branch St, Lowell, MA for Sale
$1,580,000 USD
Apartments - FOR SALE
1/7
null | Request Cap Rate

237 Branch St
Lowell, MA 01851
Highlands Lowell


HIGHLIGHTS

  • Nine (9) Unit Mixed-Use Building | Retail & Residential | Fully Occupancy
  • (5) Five Two-Bedroom, (3) One-Bedroom & (1) Commercial Space
  • Corner Lot Location | Off-Street Parking for 10 Vehicles
  • Value Add Opportunity Through Rent Optimization
  • Close proximity to downtown Lowell, UMass Lowell, public transit, and major highways

OVERVIEW

Northeast Private Client Group is pleased to present the Branch Street Mixed-Use property located at 237 Branch Street, Lowell, MA. 237 Branch St is a mixed-use multifamily investment property in Lowell’s Highlands / Acre area, offering strong in-place cash flow and long-term upside. Built in 1900, the property contains approximately 5,528 square feet of living and commercial space on a 7,841 SF lot, with 10 off-street parking spaces. The residential unit mix includes five two-bedroom apartments and three one-bedrooms. Street-level retail storefront, currently occupied by a high-traffic barbershop. The building has historically maintained full occupancy, with both apartment and retail tenants in place, strong rental demand in the Lowell market and a strategic location near employment centers, universities, and transportation corridors, 237 Branch St presents an excellent value-add or stable yield opportunity for investors All interested and qualified parties can tour the building during scheduled appointments and obtain additional information upon request.

FOR SALE DETAILS

PRICE

$1,580,000 USD

PRICE/SF

$202 USD /SF

# OF UNITS

9

PRICE/UNIT

$175,556

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Branch Street Mixed-Use

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1990

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.17 AC

LAND SF

7,590 SF

ZONING

TMU

APN/PARCEL ID

LOWE-000103-000750-000237

ASK ABOUT THIS PROPERTY

Francis SaenzNortheast Private Client GroupMore Info
203-414-9232

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Francis SaenzNortheast Private Client GroupMore Info
203-414-9232

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