$1,200,000
$1,300,000
7.7%For more information regarding the value of a property, please contact us for a free consultation.
10-18 Concord Street Lowell, MA 01852
15 Beds
7 Baths
8,874 SqFt
Key Details
Sold Price $1,200,000
Property Type Multi-Family
Sub Type 5-9 Family
Listing Status Sold
Purchase Type For Sale
Square Footage 8,874 sqft
Price per Sqft $135
MLS Listing ID 72886709
Sold Date 03/16/22
Bedrooms 15
Full Baths 6
Half Baths 2
Year Built 1900
Annual Tax Amount $7,191
Tax Year 2021
Lot Size 9,583 Sqft
Acres 0.22
Property Sub-Type 5-9 Family
Property Description
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.
Location
State MA
County Middlesex
Zoning UMU
Direction Andover Street to Concord Street
Rooms
Basement Crawl Space
Interior
Appliance Gas Water Heater
Exterior
Total Parking Spaces 8
Garage No
Building
Lot Description Corner Lot
Story 12
Foundation Slab, Irregular
Sewer Public Sewer
Water Public
Read Less
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Bought with Salihu Mohammed • Dick Lepine Real Estate,Inc.






