10-18 Concord Street, Lowell, Massachusetts 01852

$1,300,000
15
BD
8
BA
8,874
SqFt

Listing agent Salihu Mohammed from Dick Lepine Real Estate,Inc.

List Price
$1,300,000
MLS#
72886709
Bedrooms
15
Bathrooms
8
Sq. Ft
8,874
Lot Size
8,909
County
Middlesex
Year Built
1900
Status
ACTIVE

Property Description

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). 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. Conveniently located close to everything: schools, medical facilities, Shedd Park, restaurants, highways & more. Property has lots of potential for more income. Solid workable numbers. Sold as a package: residential apts/commercial units & adjacent land.

Additional Information

Days on Market
59
Taxes
$7,131
Basement
Yes
Hotwater
Natural Gas
Lot Description
Corner
Parking Spaces
8
Acres
0.2
Price Per Sqft
$146
Disclosures
Parcel 2 only of Bk 10752 & Pg 233. Deed for 3 Pleasant St = Bk 12207 & Pg 070. Square footage, Taxes & Assessment Value reflect combined total of both properties in package. Property has audio/video equipment.

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors, landlords and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non commercial use of consumers having a good faith interest in purchasing, leasing or renting listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing, leasing or renting. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.