Five-Unit Apartment
For Sale
Contact for pricing
116 Walker St, Lowell, MA 01854
Multi-story residential property with varied floor plans and tandem parking.
Property Size5,627 SF
Lot Size0.09 Acres
Price / SF$159.94
Days on Market151
Property Features for 116 Walker St
General Information
Standard status
Active
Size
5,627 SF
Total Parking Spaces
3
Lot size
0.09 Acres
Property subtype
Multifamily
Occupancy
100%
Net Operating Income
$65,095
Units
Unit Mix
1 x 3BR/1BA, 1 x 2+BR/1BA, 3 x 1BR/1BA
Multifamily Units
5
Additional Details
Highway Access
Yes
Building Details
Year Built
1900
Buildings
1
Stories
3
Units
5
Listing Agency:
Horvath & Tremblay
(781) 776-4524
Listed By:
Dennis Kelleher · License #MA 9504385
Source:
Crexi
Added: Apr 3
Changed: Aug 31
Last Checked: Aug 31 at 2:58AM
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 Horvath & Tremblay
Investment Insights
Based on property information with market context.
The multi-story apartment building at 116 Walker St in Lowell, Massachusetts, contains five residential units: one 3-bedroom/1-bath unit, one 2+ bedroom/1-bath unit, and three 1-bedroom/1-bath units. The property provides 3,832 square feet of gross living area within 5,627 square feet of gross area. Constructed in 1900, it occupies a 0.09-acre parcel and includes three sets of tandem parking spaces with capacity for up to six cars.
The property is positioned in Lowell’s urban core, with access to downtown amenities, neighborhood retail corridors, and nearby residential communities. Interstate 495 and U.S. Route 3 connect the site with the Merrimack Valley and Greater Boston region.
The property is positioned in Lowell’s urban core, with access to downtown amenities, neighborhood retail corridors, and nearby residential communities. Interstate 495 and U.S. Route 3 connect the site with the Merrimack Valley and Greater Boston region.
Key Highlights
- Five residential units with a mix of 1-, 2+, and 3‑bedroom layouts
- 3,832 square feet of gross living area within 5,627 square feet of gross area
- 0.09‑acre parcel with three sets of tandem parking spaces
Property Analytics
Property Profile
Current Use
Lease Details
5
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,324
Businesses Nearby
Explore this area
Business Placement
Demographics for 01854, MA
29,561
Population
10,960
Households
2.7
Avg Household Size
31
Median Age
30%
College-Educated
85%
High-School Grad
4.0 sq mi
ZIP Area
7,390
Density / Sq Mi
$70,397
Median Household Income
$39,216
Median Earnings
$1,477
Median Rent
$360,500
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 - Multi-story residential property with varied floor plans and tandem parking.
Where is this apartment building located?
The property is located at 116 Walker St Lowell, MA.
What is the asking price?
The asking price for this property is $900,000.
What are key features of this property?
This property features: Five residential units with a mix of 1-, 2+, and 3‑bedroom layouts; 3,832 square feet of gross living area within 5,627 square feet of gross area; 0.09‑acre parcel with three sets of tandem parking spaces
