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

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%

 

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Data last updated 3:01 PM UTC, 2/6/2024

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