115 Branch Street
- 6,400 SF Four-Unit Multifamily Property
- (2) Two-Bedroom & (2) Five-Bed, Two-Bath Floor Plans
- Separate Utilities | Off-Street Parking
- Minutes from Interstate 495, Route 3, and the Lowell Connector
- Significant Value-Add Opportunity
Property Description
Northeast Private Client Group is pleased to present the Branch Street Multifamily located at 115 Branch St in Lowell, MA. This three-story, 7,828 GLA wood-frame building consists of four residential apartments, approximately 6,400 SF of living area. The units on the first floor are two-bedroom, 1 bath & the 2nd & 3rd floor units are two-level, five-bedroom, two-bath. All tenants are currently on leases from September 1st through August 31st every year. Separate utilities in the building, tenant-paid electric & gas & two driveways on each side with space to fit three cars tandem. The new owner can add value through interior renovations and market rents. All interested parties will be able to tour the building during scheduled appointments and request additional information upon request.
Key Property Information
| Listing Status: | Unavailable |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | 2-4 Units |
| Price: | $1,250,000 |
| No. of Units: | 4 |
| Year Built: | 1900 |
| Lot Size: | 0.13 Acres |
| Opportunity Zone: | No |
| Price per unit: | $312,500 |
| Property Website | Click Here |
Investment Analyzer
Sponsored by:
Step 1Financing Calculation
Step 2Gross Rent Analysis
Please enter annual amounts.
Step 3Final Deal Analysis
Similar Properties in the Area
549 Douglas Avenue
Providence, Rhode Island
Brokers
View All-
Remax Professionals
Re/Max Real Estate Professionals | New York
-
Jared Ennis
Central CA Commercial | California
-
Rick Recckio
Recckio Real Estate & Development
-
Eamonn McConnell
Avison Young - CA - ON - Greater Toronto
Lenders
View AllManagement
View All-
Essex Property Trust, Inc.
California
-
Josh A
California
-
Bob Tuteur
-
Andrew Schildcrout