Sold
42 Mammoth Rd, Lowell, MA
Lowell · MA 01854
- $1,285,000
- Price
- 8
- Beds
- 8
- Baths
- 5740
- Sq. ft.
Overview
Property type:
Multi-Family
Year built:
Built in 1880
Units:
8 Units
Lot size:
4,053 Sq.Ft Lot
Price per square foot:
$218 / Sq.Ft
Parking:
5 Off Street Spaces
About this home
LOCATION, LOCATION, LOCATION! Rare opportunity to own a turnkey mixed use investment in downtown Lowell. Situated on a main street with high visibility, which is perfect for commercial spaces. Located next to TD bank and McDonald?s, Domino?s, gas station, church and near elementary school and LGH hospital. Less than a 6 minute drive or 20 minute walk to Umass Lowell. Near Lowell MBTA commuter rail and highway. Potential to put your own business in one of the 4 commercial spaces and own the whole building. Or just collect rent from the 4 two bedroom units and 4 (used as 3) retail store fronts generating over 120K a year gross with room to increase rents and generate a cap rate of over 7.6%. The building features vinyl siding. Recent upgrades included brand new 2022 roof, back deck security cameras, and more. The interior was gutted in 1992. At the time all plumbing, electrical, insulation and drywall were replaced. All residential units have washer/dryers in unit.
Neighborhood & Transit
42 Mammoth Rd, Lowell · MA 01854
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:
- 978 days
- Listing Price:
- $1,250,000
- Price per Sq.Ft:
- $218
- Tax Assessment:
- $446,800 in 2023
- Taxes:
- $462 / Monthly
Home Facts
Interior Features
- Bedrooms
- 8
- Full Bathrooms
- 8
- Half Bathrooms
- 0
- Living Area
- 5,740 Sq.Ft
- Kitchen
- Unknown
- Primary Bedroom
- Unknown
- Laundry
- Unknown
- Living levels
- Unknown
- Rooms
- Unknown
- Above grade area
- 5740
- Flooring
- Unknown
- Lead paint
- Unknown
Utilities
- Heating Type
- Unknown
- Heating Zone
- Unknown
- Cooling
- Unknown
- Cooling Zones
- Unknown
- Water
- Unknown
- Sewer
- Unknown
- Electric Features
- Unknown
Exterior Features
- Lot Size
- 4,053 Sq.Ft
- Lot Description
- Unknown
- Exterior Features
- Unknown
Parking
- Garage Parking
- 0 Parking Spaces
- Off Street Parking
- 5 Parking Spaces
Construction Details
- Construction Type
- Unknown
- Siding
- Vinyl
- Roof
- Unknown
Green Features
- Electric Vehicle Charger
- Unknown
- Solar Panels
- Unknown
- Green Certified
- Unknown
- Insulation Features
- Unknown
- Energy Features
- Unknown
Listing information
- Listing agent
- Lynda Le
- Listing office
- Thread Real Estate, LLC
- MLS PIN #
- 73207318
- Disclosure
- Seller provided listing info. Buyer and buyer’s agent must verify all information and perform their own due diligence.