237 Branch Street
- Nine (9) Unit Mixed-Use Building | Retail & Residential | Fully Occupancy
- (5) Five Two-Bedroom, (3) One-Bedroom & (1) Commercial Space
- Corner Lot Location | Off-Street Parking for 10 Vehicles
- Value Add Opportunity Through Rent Optimization
- Close proximity to downtown Lowell, UMass Lowell, public transit, and major highways
Property Description
Northeast Private Client Group is pleased to present the Branch Street Mixed-Use property located at 237 Branch Street, Lowell, MA. 237 Branch St is a mixed-use multifamily investment property in Lowell’s Highlands / Acre area, offering strong in-place cash flow and long-term upside. Built in 1900, the property contains approximately 5,528 square feet of living and commercial space on a 7,841 SF lot, with 10 off-street parking spaces. The residential unit mix includes five two-bedroom apartments and three one-bedrooms. Street-level retail storefront, currently occupied by a high-traffic barbershop. The building has historically maintained full occupancy, with both apartment and retail tenants in place, strong rental demand in the Lowell market and a strategic location near employment centers, universities, and transportation corridors, 237 Branch St presents an excellent value-add or stable yield opportunity for investors All interested and qualified parties can tour the building during scheduled appointments and obtain additional information upon request.
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Apartment Buildings |
| Price: | $1,315,000 |
| No. of Units: | 9 |
| Year Built: | 1900 |
| Lot Size: | 0.18 Acres |
| Opportunity Zone: | No |
| Price per unit: | $146,111 |
| Property Website | Click Here |
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