Sold

10-18 Concord Street, Lowell, MA

Lowell · MA 01852

$1,200,000
Price
15
Beds
7
Baths
8874
Sq. ft.

Overview

Property type: Multi-Family
Year built: Built in 1900
Units: 6 Units
Lot size: 9,589 Sq.Ft Lot
Price per square foot: $146 / Sq.Ft
Parking: 8 Off Street Spaces

About this home

BOM DUE TO FINANCING. Investment!! Calling on all serious investors. This is a rare opportunity to own this cash-flow property in prime Belvidere area. Mixed use consisting of 6 fully rented residential units and 3 to 4 store fronts/office spaces on lower level combined w/3 Pleasant St which is an adjacent 4,547sf of land (may be buildable, Buyer to do their own due diligence) and 65 Andover St (680 sq ft of land). 2 of the stores are rented. More available spaces for various uses. Huge building with over 8,800sf of space. The residential units have 27 rms, 15 bdrms and 6 baths. The lower level has 2 half baths. Brand new, top of the line tankless heating systems. All separate utilities. Rents below market - mostly long time tenants who are willing to stay. A couple of tenants have section 8. Convenient location close to many amenities. Property has lots of potential for more income. Solid workable numbers. Sold as a package: residential apts/commercial units & adjacent land.

Neighborhood & Transit

10-18 Concord Street, Lowell · MA 01852

Nearby transit

Within 0.5 mile, measured straight-line to the nearest station entrance.

No subway or commuter rail stations within 0.5 mile.

Price Insight

Days on Market:
1652 days
Listing Price:
$1,300,000
Price per Sq.Ft:
$146
Tax Assessment:
$534,300 in 2021
Taxes:
$599 / Monthly

Home Facts

Interior Features

Bedrooms
15
Full Bathrooms
6
Half Bathrooms
2
Living Area
8,874 Sq.Ft
Kitchen
Unknown
Primary Bedroom
Unknown
Laundry
Unknown
Living levels
Unknown
Rooms
Unknown
Above grade area
Unknown
Flooring
Unknown
Lead paint
Unknown

Utilities

Heating Type
Unknown
Heating Zone
Unknown
Cooling
Unknown
Cooling Zones
Unknown
Water
Unknown
Sewer
Unknown
Electric Features
Circuit Breakers

Exterior Features

Lot Size
9,589 Sq.Ft
Lot Description
Unknown
Exterior Features
Unknown

Parking

Garage Parking
0 Parking Spaces
Off Street Parking
8 Parking Spaces

Construction Details

Construction Type
Unknown
Siding
Wood, Aluminum, Brick
Roof
Unknown

Green Features

Electric Vehicle Charger
Unknown
Solar Panels
Unknown
Green Certified
Unknown
Insulation Features
Unknown
Energy Features
Unknown

Listing information

Listing agent
Salihu Mohammed
Listing office
Dick Lepine Real Estate,Inc.
MLS PIN #
72886709
Disclosure
Parcel 2 only of Bk 10752 & Pg 233. Deed for 3 Pleasant St = Bk 12207 & Pg 070. Deed for 65 Andover = Bk 181 & Pg 329 (Certificate 35765). Square footage, Taxes & Assessment Value reflect combined total of all properties in package. Property has audio/video equipment.