55 Agawam St - Apartments FOR SALE


Lowell, MA 01852- South Lowell
$3,150,000 USD
857-236-4691
55 Agawam St, Lowell, MA for Sale
$3,150,000 USD
Apartments - FOR SALE
1/25
null | 6.05% Cap Rate

55 Agawam St
Lowell, MA 01852
South Lowell


HIGHLIGHTS

  • Turn-key property
  • Updated plumbing and mechanical systems
  • Low maintenance brick exterior

OVERVIEW

As the exclusive agent, Bernazzani Real Estate is pleased to present for sale 55 Agawam Street, a turn-key 12-unit multi-family asset in the city of Lowell, Massachusetts. The three-story brick building features a total of 12-units, consisting of eleven (11), 2-Bedroom/1-Bathroom units and one (1), 1-Bedroom/1-Bathroom unit. Originally constructed in 1965 on a .29 Acre parcel of land, the building contains 9,072 square feet of gross living area on three levels. The fully renovated property boasts a high efficiency heating system, updated mechanical systems, vinyl windows, open floor plans and off-street parking. The property is within close proximity to I-495, US Route 3 and I-93. Public transit options nearby the property include the Lowell MBTA Commuter Rail station and multiple LRTA bus routes offering commuters an array of convenient transportation options.

FOR SALE DETAILS

PRICE

$3,150,000 USD

PRICE/SF

$347 USD /SF

# OF UNITS

12

PRICE/UNIT

$262,500

CAP RATE

6.05%

% LEASED

83%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1965

PARKING SPACES

14

LAND DETAILS

LAND ACRES

0.29 AC

LAND SF

12,632 SF

ZONING

TTF

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Brendon BernazzaniBernazzani Real Estate, LLCMore Info
857-236-4691

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Brendon BernazzaniBernazzani Real Estate, LLCMore Info
857-236-4691

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