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28 Grand St Lowell, MA 01851

For Sale
$1,100,000

7-unit building with upside potential near train and bus.

Lot size:
0.06 Acres

Property Features for 28 Grand St

General Information

Lot size
0.06 Acres

Building Details

Year built
1850

Source: LAER Realty Partners Agent Paul Brouillette

Displayed information is deemed reliable but is not guaranteed and should be independently verified.


Overview

Well-Maintained 7-Unit Building Near Transit

This well-maintained 7-unit building presents an investment opportunity. The property features six 2-room studios, each approximately 450 square feet, and one 2-bedroom unit of approximately 500 square feet. Each unit has separate electric and gas utilities. New, separate heating systems and hot water tanks have been installed. The roof was replaced 4 years ago. The property is located a short distance from train and bus stations. Long-term tenants occupy the building, with rents currently below market value.
Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Lowell
County
Middlesex
State
Massachusetts
Longitude
-71.3178413
Latitude
42.6381911

FAQs

What type of property is this?
Apartment building - 7-unit building with upside potential near train and bus.
Where is this apartment building located?
The property is located at 28 Grand St Lowell, MA.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: - Prime location: **2-minute walk to train and bus station.**; - Separate electric and gas utilities for each unit.; - New separate heating systems and hot water tanks.
More about this property
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