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Approved Four-Townhome Development Site
For Sale
$389,999

192 1ST Street, Lowell, MA 01850

Fully approved, shovel-ready 4-unit townhouse development with public utilities available at the street.

Property SizeContact for details
Days on Market184

Property Features for 192 1ST Street

General Information

Standard status Active
Property subtype Land

Additional Details

Utilities to Site Yes
Multifamily Units 4
Listing Agency: Doherty Properties
Listed By: Christian Doherty
Source: Trufantre
Added: Feb 6 Changed: Aug 8 Last Checked: Apr 22 at 7:13AM

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 Doherty Properties

Investment Insights

Based on property information with market context.

This fully approved, shovel-ready site is designed for a four-unit townhouse development. The project includes four spacious townhomes, each planned with three bedrooms, 2.5 bathrooms, and a two-car garage.

Public utilities are available at the street, supporting streamlined development. The property is positioned for convenience to major routes, local amenities, and other new projects.

A survey and site plan are available upon request. If you’re looking for an approved framework to move forward with a multi-unit townhouse plan, this site provides a defined, ready-to-develop layout.

Key Highlights

  • Fully approved, shovel‑ready 4‑unit townhouse development
  • Site plan and survey available upon request
  • Each townhome is planned with 3 bedrooms, 2.5 baths, and a two‑car garage

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Real Estate Agency Spa & Massage Center Skin Care Clinic Gym & Fitness Center Auto Parts Store Big Box & Wholesale Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

4
Residential units
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

8
Businesses Nearby

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

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - Fully approved, shovel-ready 4-unit townhouse development with public utilities available at the street.
Where is this residential land & home lot located?
The property is located at 192 1ST Street Lowell, MA.
What is the asking price?
The asking price for this property is $389,999.
What are key features of this property?
This property features: Fully approved, shovel‑ready 4‑unit townhouse development; Site plan and survey available upon request; Each townhome is planned with 3 bedrooms, 2.5 baths, and a two‑car garage
More about this property
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