Low-Rise Multifamily with Tandem
For Sale
$1,200,000
655 Westford St, Lowell, MA 01851
Four 2-bedroom and three 1-bedroom units totaling 5,400 square feet across five tandem parking sets.
Property Size8,449 SF
Lot Size0.18 Acres
Price / SF$142.03
Days on Market29
Property Features for 655 Westford St
General Information
Standard status
Active
Size
8,449 SF
Total Parking Spaces
12
Lot size
0.18 Acres
Property subtype
Investment
Additional Details
Multifamily Units
7
Building Details
Year Built
1910
Tenancy
Multi
Listing Agency:
Horvath & Tremblay
(781) 776-4524
Listed By:
Spencer Norton · License #9562958
(781) 776-4524
Source:
Elliman
Added: Jul 9
Changed: Jul 21
Last Checked: Aug 5 at 12:04PM
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.
655 Westford St is a low-rise multifamily property with a total of seven residential units, including four 2-bedroom/1-bathroom units, two 1+-bedroom/1-bathroom units, and one 1-bedroom/1-bathroom unit. The property comprises 8,449 square feet of gross area and 5,400 square feet of gross living area. The landlord and tenants split certain utility responsibilities: tenants are responsible for gas heating and pay separately metered electric, while the hot water arrangement is shared between tenant and landlord. The landlord is responsible for city water and sewer.
Parking is a practical feature of the site, with five sets of tandem parking spaces plus two additional parking spaces on a 0.18-acre parcel. The property is described as urban-infill and walkable, with Walk Score and Transit Score provided in the materials.
The current ownership opportunity includes continuing to upgrade unit interiors and common areas as needed to maintain competitiveness.
Parking is a practical feature of the site, with five sets of tandem parking spaces plus two additional parking spaces on a 0.18-acre parcel. The property is described as urban-infill and walkable, with Walk Score and Transit Score provided in the materials.
The current ownership opportunity includes continuing to upgrade unit interiors and common areas as needed to maintain competitiveness.
Key Highlights
- 1910‑built multifamily with 7 total units: four 2BR/1BA and three 1BR/1BA
- 5,400 sq ft gross living area across 8,449 sq ft gross area on a 0.18‑acre parcel
- Tenant‑paid utilities: tenants pay for gas heating; electric is separately metered and paid directly by tenants
Property Analytics
Current Use
Lease Details
7
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
545
Businesses Nearby
Explore this area
Business Placement
Demographics for 01851, MA
32,691
Population
11,759
Households
2.8
Avg Household Size
34
Median Age
32%
College-Educated
79%
High-School Grad
3.2 sq mi
ZIP Area
10,216
Density / Sq Mi
$87,962
Median Household Income
$46,388
Median Earnings
$1,686
Median Rent
$432,100
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 - Four 2-bedroom and three 1-bedroom units totaling 5,400 square feet across five tandem parking sets.
Where is this apartment building located?
The property is located at 655 Westford St Lowell, MA.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: 1910‑built multifamily with 7 total units: four 2BR/1BA and three 1BR/1BA; 5,400 sq ft gross living area across 8,449 sq ft gross area on a 0.18‑acre parcel; Tenant‑paid utilities: tenants pay for gas heating; electric is separately metered and paid directly by tenants
