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Expired

42 Mammoth Rd, Lowell MA 01854

Commercial Sale

LOCATION, LOCATION, LOCATION! Opportunity to own a turnkey mixed use investment in downtown Lowell. Situated on a main street with high visibility, which is perfect for commercial spaces. Located next to TD bank and McDonald’s, Domino’s, gas station, church and near elementary school and LGH hospital. Less than a 6 minute drive or 20 minute walk to Umass Lowell. Near Lowell MBTA commuter rail and highway. Potential to put your own business in one of the 4 commercial spaces and own the whole building. Or just collect rent from all units. There are 4 two bedroom units and 4 retail store fronts generating over 92K a year gross with room to increase rents and generate a cap rate of over 7%. The building features vinyl siding. Owner have made many upgrades too long to list here, including brand new 2022 roof, security cameras. The interior was gutted in 1992. At the time all plumbing, electrical, insulation and drywall were replaced. All residential units have washer/dryer.

This home has been viewed 35 times

Last Checked: May 7th, 2024 at 12:22am (Source: MLS PIN #73051073)

General Information for 42 Mammoth Rd, Lowell MA 01854

Listing ID73051073

Property TypeCommercial Sale

Price$1,250,000

Style

CityLowell

CountyMiddlesex

MLS Area

Neighborhood(s)

Garage Parking

ZoningNB

AssociationNo

Year Built1880

Year Built Source

Year Renovated

Year Built Details

Handicap Access / FeaturesNo

Energy Features

Disclosures for 42 Mammoth Rd, Lowell MA 01854

Lead Paint

UFFI

Living Area Includes Basement

Living Area Disclosure

Building Area Source

Senior CommunityNo

Special Listing Conditions

For Sale By OwnerNo

Exclusions

Disclosures

Title 5

Buyer Agent Compensation2%%

Facilitator Compensation

Sub-Agent Compensation

Compensation Based On

Contact Information for 42 Mammoth Rd, Lowell MA 01854

Agent

Name: Lynda Le

Office

Name: Thread Real Estate, LLC

Phone: 781-728-9689

Exclusive Listing Agent

Thread Real Estate, LLC

Lynda Le

Agent Phone

Office Phone

(781) 728-9689

Text Agent Call Agent Call Office

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EXIT