Sold!
$882,000
8
Beds
6
Baths
3,832
Living Area
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Property Description
116-118 Walker St contains one (1) 3-Bedroom/1-Bathroom unit, one (1) 2+Bedroom/2-Bathroom unit, and three (3) 1-Bedroom/1-Bathroom units with 3,832 square feet of gross living area in 5,627 square feet of gross area. The Property is situated upon a 0.09-acre parcel and features three (3) sets of tandem parking spaces, capable of fitting up to six (6) cars. Tenants are responsible for heat and individually metered electricity. The Landlord provides city water & sewer. The Property is strategically located in Lowell, offering convenient access to the city’s downtown amenities and UMASS Lowell. The building has a current cap rate of 7.23%.
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Highlights
- Levels: 5
- Property Class: Residential Income
- Stories: 5
- Year Built: 1900
- Parking Spots: 6
- Property Type: 5+ Family - 5+ Units Up/Down
- Total Rooms: 18
- Status: Closed
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Additional Details
- Foundation: Other
- Roof: Slate
- Total Number of Units: 5
- Year Built Source: Public Records
- Lot Features: Other
- SqFt Source: Public Record
- Year Built Details: Approximate
- Zoning: Tmf
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Amenities
- Community Features: Public Transportation, Shopping, Pool, Tennis Court(s), Park, Walk/Jog Trails, Golf, Medical Facility, Laundromat, Highway Access, House of Worship, Private School, Public School, T-Station, University
- Parking Features: Off Street
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Utilities
- Electric: Individually Metered
- Water Source: Public
- Sewer: Public Sewer
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Fees / Taxes
- Assessed Value: $736,100
- Tax Year: 2026
- Total Rent: $7,540
- Rental Fee Includes: Unit 1(Water), Unit 2(Water), Unit 3(Water), Unit 4(Water)
- Taxes: $8,355
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Content © 2026 MLS Property Information Network, Inc. The information in this listing was gathered from third party resources including the seller and public records.
Listing information provided courtesy of Century 21 North East.
MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.
