$525,000
0.19
Acres
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Property Description
Incredible Development Opportunity in Lowell: Approved 12-Unit Residential Building! Investors and Developers, get ready for an exceptional opportunity in the heart of Lowell! This rare commercial property offers city-approved plans for a contemporary 12-unit residential building, including 2 studios, 2 one-bedroom, and 8 two-bedroom units. The strategic location provides easy access to amenities, schools, and transportation. With parking for 15 cars, excellent investment potential, and the freedom to bring your vision to life, this is your chance to elevate your real estate portfolio. Seller provides approved plans; buyer obtains permits. Act fast to shape Lowell's future! Expand your real estate portfolio today!
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Highlights
- Parking Spots: 15
- Year Built: 1880
- Property Class: Commercial Sale
- Status: Closed
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Additional Details
- Zoning: Umu
- Zoning Description: Other (See Remarks)
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Fees / Taxes
- Buyer Agent Compensation: 2%
- Tax Year: 2023
- Facilitator Compensation: 1%
- Taxes: $7,306
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Listing information provided courtesy of EXIT Premier Real Estate.
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