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Branch Street Mixed-Use 237 Branch St 9 Unit Apartment Building $2,169,498 CAD ($241,055 CAD/Unit) Lowell, MA 01851
Investment Highlights
- Nine (9) Unit Mixed-Use Building | Retail & Residential | Fully Occupancy
- Corner Lot Location | Off-Street Parking for 10 Vehicles
- Close proximity to downtown Lowell, UMass Lowell, public transit, and major highways
- (5) Five Two-Bedroom, (3) One-Bedroom & (1) Commercial Space
- Value Add Opportunity Through Rent Optimization
Executive Summary
Northeast Private Client Group is pleased to present the Branch Street Mixed-Use property located at 237 Branch Street, Lowell, MA.
237 Branch St is a mixed-use multifamily investment property in Lowell’s Highlands / Acre area, offering strong in-place cash flow and long-term upside. Built in 1900, the property contains approximately 5,528 square feet of living and commercial space on a 7,841 SF lot, with 10 off-street parking spaces. The residential unit mix includes five two-bedroom apartments and three one-bedrooms. Street-level retail storefront, currently occupied by a high-traffic barbershop.
The building has historically maintained full occupancy, with both apartment and retail tenants in place, strong rental demand in the Lowell market and a strategic location near employment centers, universities, and transportation corridors, 237 Branch St presents an excellent value-add or stable yield opportunity for investors
All interested and qualified parties can tour the building during scheduled appointments and obtain additional information upon request.
237 Branch St is a mixed-use multifamily investment property in Lowell’s Highlands / Acre area, offering strong in-place cash flow and long-term upside. Built in 1900, the property contains approximately 5,528 square feet of living and commercial space on a 7,841 SF lot, with 10 off-street parking spaces. The residential unit mix includes five two-bedroom apartments and three one-bedrooms. Street-level retail storefront, currently occupied by a high-traffic barbershop.
The building has historically maintained full occupancy, with both apartment and retail tenants in place, strong rental demand in the Lowell market and a strategic location near employment centers, universities, and transportation corridors, 237 Branch St presents an excellent value-add or stable yield opportunity for investors
All interested and qualified parties can tour the building during scheduled appointments and obtain additional information upon request.
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Property Facts
| Price | $2,169,498 CAD | Building Class | C |
| Price Per Unit | $241,055 CAD | Lot Size | 0.17 AC |
| Sale Type | Investment | Building Size | 7,841 SF |
| No. Units | 9 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 3 |
| Property Subtype | Apartment | Year Built | 1990 |
| Apartment Style | Low-Rise | ||
| Zoning | TMU | ||
| Price | $2,169,498 CAD |
| Price Per Unit | $241,055 CAD |
| Sale Type | Investment |
| No. Units | 9 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.17 AC |
| Building Size | 7,841 SF |
| Average Occupancy | 100% |
| No. Stories | 3 |
| Year Built | 1990 |
| Zoning | TMU |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 9 | - | - |
1 1
Very walkable
80/100
Moderately drivable
60/100
Limited public transit
30/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | LOWE-000103-000750-000237 | Improvements Assessment | $777,708 CAD |
| Land Assessment | $224,310 CAD | Total Assessment | $1,002,017 CAD |
Property Taxes
Parcel Number
LOWE-000103-000750-000237
Land Assessment
$224,310 CAD
Improvements Assessment
$777,708 CAD
Total Assessment
$1,002,017 CAD
Contacts
-
Francis Saenz -
Drew Kirkland -
James Casey -
Patrick Wheeler -
Anthony Rakauskas -
Northeast Private Client Group
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Branch Street Mixed-Use | 237 Branch St
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