Lowell, MA 01852,10-18 Concord Street
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Lowell, MA 01852,10-18 Concord Street
Lowell, MA 01852,10-18 Concord Street
Lowell, MA 01852,10-18 Concord Street
Lowell, MA 01852,10-18 Concord Street

$1,200,000

Est. payment /mo

$1,300,000

7.7%
Est.Price: ?

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10-18 Concord Street Lowell, MA 01852

15 Beds

7 Baths

8,874 SqFt

SOLD DATE : 03/16/2022

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

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Listed by Dick Lepine Real Estate,Inc.
Bought with Salihu Mohammed • Dick Lepine Real Estate,Inc.
Katie Gellenbeck

Katie Gellenbeck

Advisor | License ID: 9558572

+1(206) 852-2256

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