Eight-Unit Apartment Building for
For Sale
$1,795,000
Pending
11 Lilley Ave, Lowell, MA 01850
Eight-unit apartment building with renovation upgrades and income potential.
Days on Market101
Property Features for 11 Lilley Ave
General Information
Standard status
Pending
Property subtype
Investment
Building Details
Year Built
1930
Listing Agency:
Northeast Private Client Group | Greater Boston
(413) 896-3060
Listed By:
James Casey · License #134670
(413) 896-3060
Source:
Elliman
Added: Apr 24
Changed: Jul 10
Last Checked: Jul 23 at 8:47AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Northeast Private Client Group | Greater Boston
Investment Insights
Based on property information with market context.
The property at 11 Lilley Avenue is an eight-unit apartment building. It features four three-bedroom apartments and four four-bedroom apartments. Laundry machines are available for tenants on each floor. Additional partitioned storage is located in the basement. Tenants are responsible for their separately metered gas and electricity. The property was renovated in 2011 with new plumbing, electrical, sprinkler, HVAC, windows, kitchen, and bathroom upgrades. The location has a walk score of 98, indicating it is a walker's paradise, a transit score of 60, indicating good transit options, and a bike score of 49, indicating it is somewhat bikeable. The property offers the opportunity to make cosmetic upgrades and bring rents to market levels.
Key Highlights
- Walker's Paradise: Boasting a walkScore of 98.
- Eight‑unit apartment building featuring a desirable mix of (4) three‑bedroom and (4) four‑bedroom apartments.
- Renovated in 2011 with new plumbing, electrical, sprinkler, HVAC, windows, kitchen, and bathroom upgrades.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
915
Businesses Nearby
Explore this area
Business Placement
Demographics for 01850, MA
16,670
Population
6,028
Households
2.8
Avg Household Size
34
Median Age
18%
College-Educated
83%
High-School Grad
1.4 sq mi
ZIP Area
11,907
Density / Sq Mi
$67,581
Median Household Income
$42,096
Median Earnings
$1,666
Median Rent
$367,200
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Eight-unit apartment building with renovation upgrades and income potential.
Where is this apartment building located?
The property is located at 11 Lilley Ave Lowell, MA.
What is the asking price?
The asking price for this property is $1,795,000.
What are key features of this property?
This property features: Walker's Paradise: Boasting a walkScore of 98.; Eight‑unit apartment building featuring a desirable mix of (4) three‑bedroom and (4) four‑bedroom apartments.; Renovated in 2011 with new plumbing, electrical, sprinkler, HVAC, windows, kitchen, and bathroom upgrades.
