244 - 246 Concord Street

For Sale

244 Concord Street, Lowell, MA 01852

This Lowell property for sale is located at 244 Concord Street. The current listed sale price for 244 - 246 Concord Street is $1,100,000. 244 - 246 Concord Street is situated on a lot that is 0.1 acre in size.

Contacts

broker

Kevin Benzinger

Boston Realty Advisors

(617) 850-9647

Property Details

  • Property Type Multi-Family
  • Property Size 6,300 SF
  • Units 6
  • Lot Size 0.1 Acre
  • Property Tenancy Multi-Tenant
  • Year Built 1900
  • Date Updated Apr 17, 2024
Located just 20 miles northwest of Boston is Lowell, Massachusetts’ fourth-largest city. Boasting a thriving population of 110,000, Lowell's strategic location along the Merrimack River places it at the crossroads of major regional highways. Anchored by the presence of prominent employers such as Raytheon, Pfizer, and Phillips, in its neighboring towns, Lowell thrives as a residential community. Its proximity to these major employers not only drives demand for housing but also fuels daily commerce, creating a dynamic, mixed-use environment. Lowell also serves as a premier residential destination for commuters heading into downtown Boston. Thanks to the MBTA commuter rail line, residents can enjoy quick and convenient car free access to the plethora of amenities in Boston in just under 40 minutes.Boston Realty Advisors is pleased to present for sale 244 - 246 Concord Street. Located in Lowell, Massachusetts, this multifamily property is well positioned in-between three major highways and offers quick and convenient access to downtown Boston in just 40 minutes via the commuter rail. The property consists of 6 units across +/- 3,600 SF, featuring a mix of one- and three- bedroom units that range in size between 700 and 1,000 square feet. The property features two off-street tandem style parking spaces and outdoor space in the rear of the building for its residents to enjoy. 244 - 246 Concord Street presents a compelling opportunity for investors or end users to capitalize on value-add potential. This can be achieved through renovations within individual units and upgrades to common areas. With 244-246 Concord, investors stand to benefit from long-term growth within a well-positioned and developing submarket.

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Highlights

  • Value-Add Opportunity
  • Growing Submarket
  • Owner Occupier Opportunity

Attachments

Getting around

  • 86/100

    Walk Score ®

  • 55/100

    Transit Score ®

  • 49/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Lowell, MA
  • Neighborhood Lower Belvidere
  • Zip Code 01852
  • Market Boston

Points of Interest

  • Lower Locks

    0.54 miles

  • Boott Mills

    0.71 miles

  • Lowell

    0.77 miles

  • Visitor Center

    0.80 miles

  • Moody Street Gatehouse

    0.80 miles

  • Swamp Locks

    0.83 miles

  • George Ayotte Parking Facility

    0.88 miles

  • Suffolk Mill

    1.05 miles

  • North Billerica

    3.28 miles

  • Lawrence

    8.70 miles

  • BP

    0.22 miles

  • Xtra

    0.45 miles

  • Haffner's

    0.81 miles

  • Speedway

    0.82 miles

  • Citgo

    1.04 miles

  • Sunoco

    1.21 miles

  • New World

    1.39 miles

  • Mobil

    1.48 miles

  • Mobil

    1.62 miles

  • Haffners

    1.73 miles

  • Juror Parking

    0.38 miles

  • Lower Locks Garage

    0.42 miles

  • Edward Early Jr. Garage

    0.57 miles

  • Joseph Downes Parking Facility

    0.66 miles

  • Charles A. Gallagher Transit Terminal

    0.74 miles

  • Visitor Center Parking

    0.77 miles

  • George Ayotte Garage

    0.89 miles

  • Hall Street Garage

    1.16 miles

  • Campus Recreation Center Lot

    1.32 miles

  • Fox Hall Lot

    1.38 miles

  • UMass Lowell Inn and Conference Center

    0.49 miles

  • Sonesta Select Boston Lowell Chelmsford

    1.84 miles

  • Motel 6

    1.84 miles

  • Element Chelmsford

    3.46 miles

  • Radisson Chelmsford Hotel

    3.50 miles

  • Extended Stay America

    3.71 miles

  • Stonehedge Inn

    5.10 miles

  • Sonesta ES Suites

    5.79 miles

  • La Quinta Inn

    5.90 miles

  • SpringHill Suites by Marriott Boston Andover

    6.03 miles

  • Market Basket

    1.05 miles

  • Hannaford

    1.32 miles

  • Target

    1.36 miles

  • Marshalls

    1.45 miles

  • Market Basket

    1.52 miles

  • Market Basket

    1.80 miles

  • Walmart Supercenter

    1.90 miles

  • Market Basket

    2.34 miles

  • Stop & Shop

    2.41 miles

  • Kohl's

    2.64 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker

broker

Kevin Benzinger

Boston Realty Advisors

(617) 850-9647