Sold
195-207 Hildreth St
Lowell MA, 01850
$5,850,000
$69.81 per sqft
Sold
83,802 sqft
Unknown
Built in 1960
Remarkable 99 unit affordable housing community in exceptional condition. Located in a quiet neighborhood, this eight building complex consists of 1 studio, 13 one-bed, 86 two-bed units, and 96 parking space on approximately 2.43 acres. The property was redeveloped with low income housing tax credits in 1998 and is subject to a regulatory agreement with Mass Housing. Offered with $3.7 Million in assumable in-place financing from the Mass Housing Partnership. Effective Gross income of $1,150,000 and NOI of $450,000. 48 hour notice required for showings.
71678523
MLSⓇ ID
May 9, 2014
Listed
February 6, 2024
Updated
Map
195-207 Hildreth St
Lowell MA, 01850
Interior Features
Fireplace
No
Cooling
No
Heating
No
Exterior/Building Features
Lot Size
2.43 Acres
Other Property Details
Taxes
$89,605
Tax Frequency
Annually
Garage
No
Parking Total
96
View
No
County
Middlesex
Pool
No
Zoning
TMF
Buyer Agency Compensation
1.5%
Courtesy of ,
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Data last updated 3:01 PM UTC, 2/6/2024