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$ 850,000
Est. payment /mo
Price Dropped by $25K
55-59 White Street Lowell, MA 01854
0.32 Acres Lot
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID 73531354
HOA Y/N false
Year Built 1920
Annual Tax Amount $10,762
Tax Year 2026
Lot Size 0.320 Acres
Acres 0.32
Property Description
Fantastic investment opportunity, especially for an investor with large/growing holdings requiring storage space or a contractor/business owner that will utilize both the plentiful parking and storage, as well as the income aspect of the residential units. Property consists of the following: 3-family, consisting of a studio, a one-bedroom and a two-bedroom, all with heat and hot water inc. At the back of the lot is a two-bedroom single-family home, with the tenant paying own gas and electric. 11 storage units, all cold storage, with electricity included in the rent: one double-unit in front, 3 single width storage units in front, 2 long and deep single storage units under rear 1-family and 5 medium size storage units w/door access (no overhead door/garage door) at the back side of the lot by the single-family. This makes for a total of 4 residential units and 11 storage units. Current rents are well under market
Location
State MA
County Middlesex
Zoning TTF
Direction Mammoth Road to 2nd Ave to White Street or University Ave to White Street
Exterior
Utilities Available Public Water, Public Sewer
Roof Type Rubber,Other
Others
Senior Community false
Listed by Universal Property Management