$900,000
$1,100,000
18.2%For more information regarding the value of a property, please contact us for a free consultation.
9,169 SqFt
SOLD DATE : 06/20/2024
Key Details
Sold Price $900,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
Square Footage 9,169 sqft
Price per Sqft $98
MLS Listing ID 73226029
Sold Date 06/20/24
HOA Y/N false
Year Built 1880
Annual Tax Amount $16,682
Tax Year 2023
Lot Size 0.340 Acres
Acres 0.34
Property Description
Situated at 99-105 Mammoth in Lowell, MA, this multi-family property stands out as a lucrative investment opportunity. Comprising six residential units and three commercial units, it offers a diverse range of rental spaces. The residential units boast a total of 11 bedrooms and six full baths, providing ample accommodation for tenants. Meanwhile, the commercial space includes four half baths, catering to various business needs. Its proximity to Umass Lowell adds to its attractiveness, appealing to students and faculty seeking nearby housing and services. With tenants responsible for paying utilities, this property offers the potential for positive cash flow. Overall, this property presents a promising prospect for investors aiming to capitalize on the thriving market in Lowell.
Location
State MA
County Middlesex
Zoning NB
Direction Rt.113/Varnum Ave to Mammoth Road
Exterior
Utilities Available Public Water, Public Sewer
Roof Type Shingle
Total Parking Spaces 16
Others
Senior Community false
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Bought with Nancy Antonopoulos • Crimson Real Estate Agency, LLC
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "