655 Westford St - Apartments FOR SALE


Lowell, MA 01851- Highlands Lowell
$1,200,000 USD
781-776-4002
655 Westford St, Lowell, MA for Sale
$1,200,000 USD
Apartments - FOR SALE
1/9
null | 8.01% Cap Rate

655 Westford St
Lowell, MA 01851
Highlands Lowell


HIGHLIGHTS

  • Access & Connectivity
  • Area Amenities & Demand Drivers
  • Prime Merrimack Valley Location
  • Value-Add Potential
  • Off-Street Parking
  • Strong Rental Demographics & Demand

OVERVIEW

Horvath & Tremblay is pleased to present the exclusive opportunity to purchase 655 Westford Street, a seven (7) unit multi-family investment property located in Lowell, Massachusetts (the “Property”). The Property contains four (4) 2-Bedroom/1-Bathroom units, two (2) 1+-Bedroom/1- Bathroom units, and one (1) 1-Bedroom/1-Bathroom unit across 5,400 square feet of gross living area in 8,449 square feet of gross area. The Property is situated upon a 0.18-acre parcel and features five (5) sets of tandem parking spaces and two (2) additional parking spaces. 655 Westford Street is strategically located along one of Lowell’s primary commercial corridors, offering convenient access to the city’s major employment centers, retail destinations, and surrounding residential neighborhoods. The property benefits from excellent connectivity via Westford Street (Route 110) and is situated just minutes from the Lowell Connector, Interstate 495, and U.S. Route 3, providing efficient regional access throughout the Merrimack Valley, Greater Boston, and Southern New Hampshire. Its proximity to downtown Lowell, major shopping centers, and local universities further enhances the property's accessibility and long-term residential appeal.

FOR SALE DETAILS

PRICE

$1,200,000 USD

PRICE/SF

$142 USD /SF

# OF UNITS

7

PRICE/UNIT

$171,429

CAP RATE

8.01%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1910

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.18 AC

LAND SF

7,841 SF

ZONING

TTF

APN/PARCEL ID

LOWE-000088-006285-000655

ASK ABOUT THIS PROPERTY

Dennis KelleherHorvath & TremblayMore Info
781-776-4002

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

Dennis KelleherHorvath & TremblayMore Info
781-776-4002

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