122 11th Street
122 11th Street
$4,200,000
30
30
9,621
9,621
$437
Sold 11/16/21
Description
JBorstell Real Estate is pleased to present 11th St Apartments located at 122 11th St in Lowell. Located near the Lowell/ Dracut line, with a breakdown of studios, 1-beds and a 2-bed, this 29 unit apartment complex has high rental demand and great potential. An investor can choose to collect cashflow as-is, or do cosmetic updates throughout to get significant rent increases. The structure and systems can’t get much better than this. The property is also host to a large amount of usable basement space...JBorstell Real Estate is pleased to present 11th St Apartments located at 122 11th St in Lowell. Located near the Lowell/ Dracut line, with a breakdown of studios, 1-beds and a 2-bed, this 29 unit apartment complex has high rental demand and great potential. An investor can choose to collect cashflow as-is, or do cosmetic updates throughout to get significant rent increases. The structure and systems can’t get much better than this. The property is also host to a large amount of usable basement space for management and maintenance including a storage area with racking and a carpentry shop to do maintenance work in. All inventory and equipment is negotiable. With over a dozen private parking spaces and ample on street parking, there is plenty to go around. Also attached is the property lines showing the additional lot abutting. Overall the property is in great condition with closed circuit security cameras, backup generator and an inventory of appliances and other materials.
- Listed by Patrick Hermans • J. Borstell Real Estate, Inc.
Property Details for 122 11th Street
Town
Lowell
AreaMA-Lowell
StyleGarden
Garage Spaces0
Parking Spaces14.00
Parking Spaces Total14
Location
LISTING UPDATED: 08/06/2022 07:46 AM
Property Details for 122 11th Street
Status | Sold |
---|---|
MLS # | 72872083 |
Days on Market | 57 |
Taxes | $18,032 / year |
HOA Fees | - |
Compass Type | Multi Family |
MLS Type | Multi-family / 5+ Family - 5+ Units Up/Down |
Year Built | 1900 |
County | Middlesex County |
Location
Building Information for 122 11th Street
Stories3Residences29Year Built1900Building Size-Lot Size0.53 AC / 23,201 SF
Payment Calculator
$24,424 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 122 11th Street
Property History for 122 11th Street
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 122 11th Street
Taxable ValueLand$725,000Additions$1,687,200Total$2,412,200
Tax Record2023$29,960 ($2,497 / month)
Home Facts
Total Finished SqFt9,621 SqFtAbove Grade Finished SqFt9,621 SqFtUnfinished Basement SqFt3,710 SqFtStories3Lot Size23,201 SqFtStyleMulti-Family Res (5+ Units)Year Built1900ZoningTTFCountyMIDDLESEXAPNLOWE M:195 B:2060 L:122
Schools near 122 11th Street
This home is within Lowell School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | PK to 4 | |||
Public - | PK to 4 | |||
Public - | PK to 4 | |||
Public - | 5 to 8 |
Rating | School | Distance |
---|---|---|
S Christa Mcauliffe Elementary School PublicPK to 4 | ||
Greenhalge Elementary School PublicPK to 4 | ||
Reilly Elementary School PublicPK to 4 | ||
Henry J Robinson Middle School Public5 to 8 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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