Listing Agent: Lynda Le | Agent phone: 617-794-2337
Courtesy of: Thread Real Estate, LLC | Office phone: 781-728-9689
Year Build: 1880
Square Footage: 5,740 Sq ft
Address: 42 Mammoth Rd
Property Taxes: $7,186
Tax Year: 2022
Tax Amount: $7,186
LOCATION, LOCATION, LOCATION! Opportunity to own a turnkey mixed use investment in downtown Lowell. Situated on a main street with high visibility, which is perfect for commercial spaces. Located next to TD bank and McDonald’s, Domino’s, gas station, church and near elementary school and LGH hospital. Less than a 6 minute drive or 20 minute walk to Umass Lowell. Near Lowell MBTA commuter rail and highway. Potential to put your own business in one of the 4 commercial spaces and own the whole building. Or just collect rent from all units. There are 4 two bedroom units and 4 retail store fronts generating over 92K a year gross with room to increase rents and generate a cap rate of over 7%. The building features vinyl siding. Owner have made many upgrades too long to list here, including brand new 2022 roof, security cameras. The interior was gutted in 1992. At the time all plumbing, electrical, insulation and drywall were replaced. All residential units have washer/dryer.
Listing Agent: Lynda Le Agent phone: 617-794-2337 Courtesy of: Thread Real Estate, LLC Office phone: 781-728-9689 The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors, landlords and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non commercial use of consumers having a good faith interest in purchasing, leasing or renting 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, leasing or renting. 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, or as to the accuracy of any of the Images, set forth herein.