525 Chelmsford St
Property Description
Welcome to a rare mixed-use opportunity in Lowell - offering both prime commercial space with room to expand on the unfinished 2nd floor and a spacious residential unit on the property. This well-located building features two retail storefronts on the ground level with off street parking, ideal for small businesses, office space, or rental income. With strong street visibility and steady traffic along Chelmsford Street, these units provide excellent potential for owners or investors seeking built-in cash flow. You'll find parking for up to 10+ vehicles plus a carport on the Plain Street side - a valuable asset for both commercial tenants and residents in this high-demand area. Between the commercial units sits a generous 4-5 bedroom residential, offering large bedrooms, a flexible floor plan, and plenty of space to customize. Perfect for an owner-occupant or as an additional rental, this home adds versatility to the property's income potential.
Key Property Information
| Listing Status: | Pending Sale |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | 2-4 Units |
| Price: | $695,000 |
| No. of Units: | 3 |
| Year Built: | 1920 |
| Lot Size: | 3,774.00 Sq ft |
| Opportunity Zone: | No |
| Price per unit: | $231,667 |
| Property Website | Click Here |
| Number of Bedrooms: | 0 |
| Number of Bathrooms: | 0 |
ID: 3yd-MLSPIN-73460680
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