$1,000,000
$1,200,000
16.7%For more information regarding the value of a property, please contact us for a free consultation.
309-311 Pawtucket Street Lowell, MA 01854
0.59 Acres Lot
Key Details
Sold Price $1,000,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 73082334
Sold Date 07/27/23
Year Built 1890
Annual Tax Amount $15,790
Tax Year 2023
Lot Size 0.590 Acres
Acres 0.59
Property Description
DEVELOPMENT OPPORTUNITY - 10+ STUDENT HOUSING UNITS NEAR UMASS LOWELL - 309-311 Pawtucket is a true legacy asset centrally located within the heart of UMass Lowell's North, East, and South campuses. A longstanding and well-respected local funeral home for over a century, 309-311 Pawtucket is ready for its next chapter under new ownership. This is an incredible opportunity for a business or non-profit looking for an A+ location and plenty of parking. It is also a once-in-a-lifetime redevelopment opportunity for multifamily developers looking to tap into the limitless student housing market offered by the property's amazingly close proximity to UMass.
Location
State MA
County Middlesex
Zoning TMU
Direction Centrally located on Pawtucket Street between UMass Lowell's North, East, and South Campuses.
Exterior
Utilities Available Public Water, Public Sewer
Total Parking Spaces 42
Others
Senior Community false
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Bought with Sean Fraser • Sean Fraser