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49 2nd St
Lowell, MA 01850
Second Street Apartments · Multifamily Property For Sale
·
6 Units
PROPERTY FACTS
| No. Units | 6 | Lot Size | 0.14 AC |
| Property Type | Multifamily | Building Size | 3,000 SF |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1850 |
| Building Class | B | ||
| Zoning | M2001 | ||
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | B |
| Lot Size | 0.14 AC |
| Building Size | 3,000 SF |
| No. Stories | 2 |
| Year Built | 1850 |
| Zoning | M2001 |
ABOUT 49 2ND ST , LOWELL, MA 01850
Northeast Private Client Group is pleased to present 49 2nd Street, a 6-unit multifamily property in Lowell,Massachusetts. The Second Street Apartments is one building comprised of six studio apartments. 49 2nd Street has been recently renovated. This renovation includes a new roof, replaced windows, new electrical meters and a new furnace. The property is located 2.5 miles away from Lowell General Hospital and 1.5 miles form UMass Lowell. The city of Lowell, MA has a population of around 110,500 citizens with a median household income of $46,972. Of the population it is estimated that 27,000 are students attending UMass Lowell and Middlesex Community College. A new investor can realize the upside by continuing to increase rents to market levels.
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| Studios | 6 | - | 500 |
PROPERTY TAXES
| Parcel Number | LOWE-000197-005250-000049 | Improvements Assessment | $463,800 |
| Land Assessment | $115,400 | Total Assessment | $579,200 |
PROPERTY TAXES
