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33174395
33174396

20 Howard Street, Lowell, MA 01851 For Sale

SN
MA 9501780
$1,150,000
51 days on market
Updated 9 days ago

20-26 Howard Street

Details
Property Type Industrial, Retail (+1)
Sub Type Manufacturing, Distribution (+1)
Square Footage 5,351
Units 3
Cap Rate 5.43%
NOI $62,400
Tenancy Multi
Lease Type Net
Class B
Year Built 1988
Lot Size (SqFt) 8,276
Zoning commercial
Parking Spaces 12 spaces
Parking per 1,000 SqFt 2.24
Ground Lease No

2 Buildings with 3 separate spaces. Built 1988. Potential for owner-users, investors, auto etc

Marketing description

Excellent opportunity to own 2 well-maintained commercial buildings in Lowell, built in 1988.

20 Howard St features 2 separate spaces, each currently rented for $2,600 per month, with a garage bay, office area, and half bath on the upper level. 26 Howard St is currently vacant and offers a large garage bay, expansive work area, 1.5 baths, full kitchen with washer/dryer hookups, gas forced hot air heating, central AC, excellent insulation, a parking lot accommodating approximately 12 vehicles, and additional off-street parking. The property offers endless potential for owner-users, investors, contractors, storage, automotive use, and more. Bring your imagination and explore the possibilities. Seller's finance available!

Investment highlights

Excellent opportunity to own 2 well-maintained commercial buildings in Lowell, built in 1988.

20 Howard St features 2 separate spaces, each currently rented for $2,600 per month, with a garage bay, office area, and half bath on the upper level. 26 Howard St is currently vacant and offers a large garage bay, expansive work area, 1.5 baths, full kitchen with washer/dryer hookups, gas forced hot air heating, central AC, excellent insulation, a parking lot accommodating approximately 12 vehicles, and additional off-street parking. The property offers endless potential for owner-users, investors, contractors, storage, automotive use, and more. Bring your imagination and explore the possibilities. Seller's finance available!

Listing Contacts

SN
MA 9501780

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$62,400.00
$5,200.00/mo

Valuation Metrics

0
DSCR
5.43%
Cap Rate
5.43%
ROI

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Additional Information

Name
Sammi Ng
License
9501780
Brokerage
Real Broker LLC
Brokerage Phone
617 833 8856
Title
Broker of Record
Brokerage Address
90 Canal St, Boston MA 02114
Name
Sammi Ng
License
9501780
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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