RE/MAX Innovative Properties
RE/MAX Innovative Properties
Dianna Doherty, RE/MAX Innovative PropertiesPhone: (978) 375-9718
Email: [email protected]
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listing
1 of 29
MultifamilySold
List Price $4,400,000
Sold Price $4,200,000
122 11th St
Lowell, MA 01850
Courtesy of J. Borstell Real Estate, Inc. - Patrick Hermans
MLS Property Information Network
30Beds
30Baths
9,621Sq Ft
Est. Mortgage
$22,812/mo

JBorstell Real Estate is pleased to present 11th St Apartments located at 122 11th St in Lowell. Located near the Lowell/ Dracut line, with a breakdown of studios, 1-beds and a 2-bed, this 29 unit apartment complex has high rental demand and great potential. An investor can choose to collect cashflow as-is, or do cosmetic updates throughout to get significant rent increases. The structure and systems can’t get much better than this. The property is also host to a large amount of usable basement space for management and maintenance including a storage area with racking and a carpentry shop to do maintenance work in. All inventory and equipment is negotiable. With over a dozen private parking spaces and ample on street parking, there is plenty to go around. Also attached is the property lines showing the additional lot abutting. Overall the property is in great condition with closed circuit security cameras, backup generator and an inventory of appliances and other materials.

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Information courtesy of J. Borstell Real Estate, Inc. is subject to verification and is not guaranteed.
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