228 Plain St - Apartments FOR SALE


Lowell, MA 01852- South Lowell
$669,000 USD
617-293-8106
228 Plain St, Lowell, MA for Sale
$669,000 USD
Apartments - FOR SALE
1/6
null | Request Cap Rate

228 Plain St
Lowell, MA 01852
South Lowell


HIGHLIGHTS

  • Development property
  • Location

OVERVIEW

The property located at 228 Plain St, Lowell, MA 01852, USA is zoned as Residential. The lot size is 0.12 acres. The house has 3 bedrooms and 1 bathroom. The house sqft is 1,000. The location is off the Lowell Connector and has easy access to retail shopping. The property is zoned as 2FF, which allows for a variety of residential and commercial uses. The property could be developed into a multi-family dwelling, a mixed-use development, or even a small commercial building. The value of the adjacent properties is not readily available, but it is likely that the development of the property at 228 Plain St would add value to the surrounding area. Here are some potential development scenarios for the property at 228 Plain St: Multi-family dwelling: The property could be developed into a 2- or 3-unit multi-family dwelling. This would provide additional housing options in the area and could be a good investment opportunity. Mixed-use development: The property could be developed into a mixed-use building with residential units on the upper floors and commercial space on the ground floor. This would create a more vibrant and walkable neighborhood. Small commercial building: The property could be developed into a small commercial building, such as a restaurant, retail store, or office space. This would provide additional commercial space in the area and could attract new businesses to the neighborhood.

FOR SALE DETAILS

PRICE

$669,000 USD

PRICE/SF

$306 USD /SF

# OF UNITS

2

PRICE/UNIT

$334,500

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

228 Plain Street

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1910

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.2 AC

LAND SF

8,712 SF

ZONING

2FF

APN/PARCEL ID

LOWE-000145-004665-000228

ASK ABOUT THIS PROPERTY

Rich KnoxRF BostonMore Info
617-293-8106

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Rich KnoxRF BostonMore Info
617-293-8106

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.