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1344-1354 Gorham St

Lowell, MA 01852
  • $1,150,000
  • STATUS: Active
  • MLS #: 72942576
$1,150,000
  • 0
    BEDS
  • 0.16
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1985
County:
Area:

School Ratings & Info

Listing courtesy of Cheryl Maggio of Laer Realty Partners.

Description

Sun. May 15th - Multi-Offer Alert --Seller will be reviewing offers til Thursday May 19th - 5pm! A unique package deal of two (2) mix use parcels consisting of a 4 unit residential multifamily all with hardwood flooring & central air & heat, alongside 2 commercial strip units. Some good updates here within the last 6 years that include new roofs, central a/c and heating units. So If your a business owner seeking a new location, this is a very high volume traffic area of Rt.3A and right on the city bus route & Town of Chelmsford line. Minutes to train/bus station & highway routes. 100% occupied - 90% of tenants are Tenant At Wills -. Annual Rent Roll - $112,200 (70% of current rents are below market). Buyer to do their own due diligence. Sold As Is.

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The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. Data last updated 2022-05-19T00:10:32.353.
www.welchmanrealestate.com/homes/125808206
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1344-1354 Gorham St Lowell, MA 01852

  • Price: $1,150,000
  • Status: Active
  • On Site: Days
  • MLS #: 72942576
0
Beds
0
Baths
0
½ Baths
0.16
Acres
1985
Built
Neighborhood:
South Lowell
County:
Middlesex
Area:
South Lowell
Property Description
Sun. May 15th - Multi-Offer Alert --Seller will be reviewing offers til Thursday May 19th - 5pm! A unique package deal of two (2) mix use parcels consisting of a 4 unit residential multifamily all with hardwood flooring & central air & heat, alongside 2 commercial strip units. Some good updates here within the last 6 years that include new roofs, central a/c and heating units. So If your a business owner seeking a new location, this is a very high volume traffic area of Rt.3A and right on the city bus route & Town of Chelmsford line. Minutes to train/bus station & highway routes. 100% occupied - 90% of tenants are Tenant At Wills -. Annual Rent Roll - $112,200 (70% of current rents are below market). Buyer to do their own due diligence. Sold As Is.
Exterior Features

Construction Brick Loading Docks 1 Location UrbanStripPublic TransportationCorner Lot Parking Features 11-20 SpacesPaved DrivewayOn Site Parking Spaces 20 Roof Material Asphalt/Composition ShinglesRubber Stories 3 Underground Tank Unknown

Interior Features

Elevator No Maf Building Sq Ft 0.00 Ref Building Sq Ft 0.00 Restrooms 9 Rsf Building Sq Ft 0.00 Sprinklers Yes Waf Building Sq Ft 0.00

Property Features

Assessed Value Building 0.00 Assessed Value Land 0.00 Assessed Value Total 0.00 Commercial Industrial Type Commercial Condo Association No Disclosure No Disclosures Multi-Family Had Small Fire Contained To Just 1st Floor Unit Caused By Tenant Smoking Back in Oct. 2011. Larger Commercial Unit Was Prior Laundromat And Still Has Plumbing Connections Behind The Walls. 1344 & 1354 Are Taxed Separately. Easements Yes Exchange No Exclusions Commercial Dumpster Rental Gross Annual Expense 24000.00 Gross Annual Income 112000.00 Handicap Access Yes Lease No Lease Price Includes Building Lender Owned No Lien And Encumbent No Mau Units 0 Net Operating Income 89000.00 Ofu Units 0 On File21 E No Plat Plan No Reu Units 2 Rsu Units 4 Short Sale Lender App Required Unknown Space Available For Sale Special Financing No Subdividable Yes Sublet No Survey No Tax Year 2021 Taxes 160000.00 Total Units 6 Utilities Public WaterPublic SewerNatural Gas Wau Units 0 Year Built Source Pr Zone Description Legal Conforming Zoning B1000

Listing information © 2022 MLS Property Information Network. All information is deemed reliable but should be independently verified.
Listing provided courtesy of Cheryl Maggio of Laer Realty Partners.


The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. Data last updated 2022-05-19T00:10:32.353.
 
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Listing courtesy of Cheryl Maggio of Laer Realty Partners.