237 Branch St, The Acre
237 Branch St, The Acre

237 Branch St, The AcreLowell, Massachusetts

9 baths5528 sqft
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$ 1,399,900
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Marcio Vasconcelos
Marcio Vasconcelos
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Description of 237 Branch St, The Acre

What we have here is an investors dream!! This unique opportunity presents a 9 unit, turn key building that includes 7 one bedroom units, 1 studio unit, and a high traffic barber shop on the 1st floor! Rough and projected estimates are included in the listing. The current rents are as follows: 1 bedroom rents- 4 units at $1,400, 1 unit at $1,200, 2 units at $1000, 1 studio unit at $1000 (TAW), and the barber shop pays $1,500/mo. All 7 one bedroom leases end in March of 2024, the barber shop has a 5 year lease and has been there for 7 years. The studio apt is tenant at will. Gross income is $130K and net income is approximately $95K. This is a great opportunity for an investor or 1031 exchange. It has off street parking for 10 cars, and is located conveniently to many different amenities. A group showing by appointment only will be held on Saturday 8/12 from 10 am -12:30pm. Please call the listing agent to make an appointment for Saturday between those hours or if you have any questions
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Details

Property Type

Multi-Family

Lot/Acreage

0.18

Year Built

1900

Zip Code

01851

County

Middlesex

Neighborhood

The Acre

MLS

#73146112

Interior

Master Bath

No

Basement

Yes

Basement Features

Full, Partially Finished

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Frequently Asked Questions for 237 Branch St, Lowell, MA 01851

How many photos are available for this home?

For this home, we provide a comprehensive gallery featuring 24 high-quality images, showcasing every aspect of the property to give you a detailed perspective.

How much is this home worth?

Based on Home Shift Team data, we estimate the value of the home to be $1,399,900. Determining the worth of a home involves various factors such as location, size, amenities, and market conditions. To provide an accurate estimate, we conduct a thorough analysis tailored to the unique attributes of 237 Branch St, Lowell, MA 01851.

Where is 237 Branch St, Lowell, MA 01851 located?

237 Branch St, Lowell, MA 01851 is situated in the vibrant neighborhood of The Acre, in Lowell - Massachusetts. This home enjoys a prime location known for its notable features.

How many bathrooms does 237 Branch St, Lowell, MA 01851 have?

With 9 well-appointed bathrooms, 237 Branch St, Lowell, MA 01851 offers convenience and luxury, catering to the needs of occupants and guests alike.

When was this home built?

Constructed in 1900, this home blends timeless architecture with modern amenities, embodying quality craftsmanship and enduring appeal.

What’s the full address of this home?

The full address for this home is 237 Branch St, Lowell, MA 01851

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