Sold
122 11th St, Lowell, MA
Lowell · MA 01850
- $4,200,000
- Price
- 30
- Beds
- 30
- Baths
- 9621
- Sq. ft.
Overview
Property type:
Multi-Family
Year built:
Built in 1900
Units:
29 Units
Lot size:
0.53 Acre Lot
Price per square foot:
$457 / Sq.Ft
Parking:
14 Off Street Spaces
About this home
JBorstell Real Estate is pleased to present 11th St Apartments located at 122 11th St in Lowell. Located near the Lowell/ Dracut line, with a breakdown of studios, 1-beds and a 2-bed, this 29 unit apartment complex has high rental demand and great potential. An investor can choose to collect cashflow as-is, or do cosmetic updates throughout to get significant rent increases. The structure and systems can't get much better than this. The property is also host to a large amount of usable basement space for management and maintenance including a storage area with racking and a carpentry shop to do maintenance work in. All inventory and equipment is negotiable. With over a dozen private parking spaces and ample on street parking, there is plenty to go around. Also attached is the property lines showing the additional lot abutting. Overall the property is in great condition with closed circuit security cameras, backup generator and an inventory of appliances and other materials.
Neighborhood & Transit
122 11th St, Lowell · MA 01850
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:
- 1651 days
- Listing Price:
- $4,400,000
- Price per Sq.Ft:
- $457
- Tax Assessment:
- $1,339,700 in 2021
- Taxes:
- $1,503 / Monthly
Home Facts
Interior Features
- Bedrooms
- 30
- Full Bathrooms
- 30
- Half Bathrooms
- 0
- Living Area
- 9,621 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
- 23,201 Sq.Ft
- Lot Description
- Unknown
- Exterior Features
- Unknown
Parking
- Garage Parking
- 0 Parking Spaces
- Off Street Parking
- 14 Parking Spaces
Construction Details
- Construction Type
- Unknown
- Siding
- Unknown
- Roof
- Unknown
Green Features
- Electric Vehicle Charger
- Unknown
- Solar Panels
- Unknown
- Green Certified
- Unknown
- Insulation Features
- Unknown
- Energy Features
- Unknown
Listing information
- Listing agent
- Patrick Hermans
- Listing office
- J. Borstell Real Estate, Inc.
- MLS PIN #
- 72872083