Horvath & Tremblay is pleased to present the exclusive opportunity to purchase the multi-family investment property located at 8-10 Read Street in Lowell, Massachusetts (the “Property”). The Property is well-located in the Centralville neighborhood in Lowell’s northeastern quadrant. The Property contains six (6) residential units comprised of four (4) Two-Room Studio units and two (2), 3-Bedroom/1-Bathroom units with 4,253 square feet of living area in 6,281 gross square feet on 0.06-acres of land. The Property features an on-site laundry facility.
The building is well located just outside of Downtown Lowell, seconds from the bank of the Merrimack River and the VFW Highway. The Property enjoys convenient access to Downtown, UMass Lowell, the Lowell General Hospital, several area schools, local and national retailers, area businesses, and the Lowell Train Station. Lowell is a vibrant city of 117,000 residents, making it the second largest city in the Boston MSA, and home to UMass Lowell, the second largest public university in the state which has an enrollment in excess of 18,000 students. The area is also home to Middlesex Community College, which has an enrollment of 13,000 students.