$900,000
9,169
Living Area
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Property Description
Situated at 99-105 Mammoth in Lowell, MA, this multi-family property stands out as a lucrative investment opportunity. Comprising six residential units and three commercial units, it offers a diverse range of rental spaces. The residential units boast a total of 11 bedrooms and six full baths, providing ample accommodation for tenants. Meanwhile, the commercial space includes four half baths, catering to various business needs. Its proximity to Umass Lowell adds to its attractiveness, appealing to students and faculty seeking nearby housing and services. With tenants responsible for paying utilities, this property offers the potential for positive cash flow. Overall, this property presents a promising prospect for investors aiming to capitalize on the thriving market in Lowell.
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Highlights
- Parking Spots: 16
- Year Built: 1880
- Property Class: Commercial Sale
- Status: Closed
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Additional Details
- Roof: Shingle
- Zoning Description: Legal Non-Conforming
- Zoning: Nb
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Fees / Taxes
- Buyer Agent Compensation: 2%
- Tax Year: 2023
- Facilitator Compensation: 2%
- Taxes: $16,682
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Listing information provided courtesy of Crimson Real Estate Agency, LLC.
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