80 Lowell St, Methuen, MA 01844
For Sale
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New England Realty Advisors LLC is pleased to present the Lowell Street Apartments for sale, located at 80 Lowell St in Methuen, MA. This 12-unit multifamily property was built in 1970 and consists of (11) two-bedroom apartments and (1) one-bedroom apartment. Every apartment has been upgraded with modern kitchens, bathrooms, and hardwood floors. The current rents are below market rate. Investors have the opportunity to add value by increasing rents to market rate with minimal capital improvements needed. 8 out of 12 units are tenants at will, which presents the opportunity to raise rents immediately upon acquisition. The asset is located just 1 mile from I-93 and is close to all major retailers. All interested parties will have the opportunity to obtain additional information upon request. Off-street parking Coinless laundry income 1970 garden style construction 1 mile from I-93
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
2 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
