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309-311 Pawtucket Street, Lowell MA 01854

Closed

309-311 Pawtucket Street, Lowell MA 01854

$1,200,000

Estimated $3,262/month Calculator

Multi Family

Total Units:

Price Per Unit: $1,200,000

Total Rent: 0/year

Estimated CAP Rate:

0 Bedrooms

Baths

Total Parking: 42

25,533 (0.59)

DEVELOPMENT OPPORTUNITY - 10+ STUDENT HOUSING UNITS NEAR UMASS LOWELL - 309-311 Pawtucket is a true legacy asset centrally located within the heart of UMass Lowell's North, East, and South campuses. A longstanding and well-respected local funeral home for over a century, 309-311 Pawtucket is ready for its next chapter under new ownership. This is an incredible opportunity for a business or non-profit looking for an A+ location and plenty of parking. It is also a once-in-a-lifetime redevelopment opportunity for multifamily developers looking to tap into the limitless student housing market offered by the property's amazingly close proximity to UMass.

This home has been viewed 42 times

Last Checked: May 7th, 2024 at 4:22am (Source: MLS PIN #73082334)

Gross Income: $0

Gross Expenses: $15,790

Net Income Calc: $15,790

Annual Expenses for 309-311 Pawtucket Street, Lowell MA 01854

Total Gross Expenses (Calculated)$15,790/year

APOD Available

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax15790

Annual Income & Unit Breakdown for 309-311 Pawtucket Street, Lowell MA 01854

Total Gross Income (Calculated)$0

General Information for 309-311 Pawtucket Street, Lowell MA 01854

Listing ID73082334

Property TypeMulti Family / 5+ Family

Price1200000

Style

CityLowell

CountyMiddlesex

Neighborhood(s)

Approximate Living Area Total0

Approximate Lot Size (Acres)0.59

Total Parking42

Year Built1890

Water

Sewer

Electric

Hot Water

Roof Material

Basement

Construction Materials

Lot Features

Foundation Description

Accessible Features

Outdoor Space

ZoningTMU

Zoning DetailsLegal Conforming

Water Views

Water Views Features

Waterfront Features

Terms

Disclosures for 309-311 Pawtucket Street, Lowell MA 01854

Lead Paint

UFFI

Living Area Includes Basement

Living Area Disclosure

Building Area Source

ExclusionsPersonal Property

Financial Data Source

Total Gross Expenses By Broker

Total Gross Income By Broker

Total Net Income By Broker

Short Sale / Forclosure (Bank Owned)

Buyer Agent Compensation2

Facilitator Compensation0

Compensation Based On

Financial Information for 309-311 Pawtucket Street, Lowell MA 01854

Real Estate Taxes15790

Tax Year2023

Assessed Value$0

Financial Data Source

Total Gross Expenses By Broker

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker

BostonRealEstate.com Gross Income

Total Net Income By Broker

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

Location Information for 309-311 Pawtucket Street, Lowell MA 01854

Neighborhood(s)

Area Amenities

Contact Information for 309-311 Pawtucket Street, Lowell MA 01854

Agent

Name: Sean Fraser

Office

Name: Sean Fraser

Phone: 978-547-8880

Payment Calculator

, Interest

Property Taxes 1315.83

Principal & Interest 7394.02

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Sean Fraser

Agent Phone

Office Phone

(978) 547-8880

Text Agent Call Agent Call Office

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EXIT

26 More Photos

Closed

309-311 Pawtucket Street, Lowell MA 01854

$1,200,000

Annual Expenses for 309-311 Pawtucket Street, Lowell MA 01854

Annual Income & Unit Breakdown for 309-311 Pawtucket Street, Lowell MA 01854

General Information for 309-311 Pawtucket Street, Lowell MA 01854

Disclosures for 309-311 Pawtucket Street, Lowell MA 01854

Financial Information for 309-311 Pawtucket Street, Lowell MA 01854

Location Information for 309-311 Pawtucket Street, Lowell MA 01854

Contact Information for 309-311 Pawtucket Street, Lowell MA 01854

Agent

Office

Payment Calculator

Exclusive Listing Agent

Sean Fraser

Sean Fraser