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Pending
28 Grand St Lowell, MA 01851
7 Beds
7 Baths
3,625 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type 5-9 Family
Listing Status Pending
Purchase Type For Sale
Square Footage 3,625 sqft
Price per Sqft $275
MLS Listing ID 73456346
Bedrooms 7
Full Baths 7
Year Built 1850
Annual Tax Amount $6,575
Tax Year 2025
Lot Size 2,613 Sqft
Acres 0.06
Property Sub-Type 5-9 Family
Property Description
Fantastic investment opportunity 8.93% CAP RATE ! Well-maintained 7-unit building featuring six 2-room studios (approx. 450 sq. ft. each) and one 2-bedroom unit (approx. 500 sq. ft.). All separate electric and gas utilities. All new separate heating systems and hot water tanks. Roof replaced 4 years ago. Long-term tenants with rents well below market—great upside potential for investors. Prime location just a 2-minute walk to train and bus station.
Location
State MA
County Middlesex
Zoning UMU
Direction Lowell connector, Exit 5B to Thorndike St to Middlesex St to Grand St
Exterior
Community Features Public Transportation, Shopping
Garage No
Building
Story 2
Foundation Stone
Sewer Public Sewer
Water Public
Others
Senior Community false
Listed by LAER Realty Partners