MLS Number 72381976
- Year Built 1890
These downtown brick buildings come with great income and development opportunity! Residential part includes 11 fully rented units(nine 2 beds & two 1 beds). The buildings have been renovated to ensure decent conditions. Nearly all the apartments have been freshly painted and equipped with newer kitchen and bathrooms. Five retail units are also fully rented with brand new cafe and restaurants and produce consistent revenue. These buildings have potential to increase retail leases! They are located in a desirable position in downtown Lowell next to city hall, providing easy access to surrounding points of interest. UMass Lowell & Merrimack River are just a mile away, and public transportation for easier commute. Lowell Line commuter rail station is in walking distance. Close access to highway makes this a great choice for commuters. About 40 minutes drive to Logan Airport and Boston! There has been no vacancies during ownership and units are fully occupied w/ many long term tenants.
Listed by SK Group and Sue Y. Kim of Keller Williams Realty