West 6th Street Multifamily

  • Title

    Multifamily Property for Sale

  • City

    Lowell, MA

  • Price

    755,000

  • Cap Rate

    7.9%

  • Gross Leasable Area

    5,250 SF

  • No. Units

    6

  • Price/SF

    $143.80

  • Price/Unit

    $125,833

Not found amenities.

Northeast Private Client Group is pleased to present 99 West 6th, a 6-unit multifamily property in Lowell, Massachusetts.

The Second Street Apartments is one building comprised of six 2-Bedroom apartments. Tenants enjoy off-street parking, and coin operated on-site laundry. Landlord provides hot water while tenants pay their separately metered electric heat.

The property is located 2 miles away from Lowell General Hospital and 1 mile 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.

All qualified and interested parties will have the opportunity to tour the property during scheduled appointments and obtain a current rent roll & obtain additional information upon request.

Lowell, Middlesex County, MA