228 Plain Street 228 Plain St 2 Unit Apartment Building $961,888 CAD ($480,944 CAD/Unit) Lowell, MA 01852

INVESTMENT HIGHLIGHTS

  • Development property
  • Location

EXECUTIVE SUMMARY

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.

PROPERTY FACTS

Price $961,888 CAD
Price Per Unit $480,944 CAD
Sale Type Investment
Sale Condition Redevelopment Project
No. Units 2
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Lot Size 0.20 AC
Building Size 2,186 SF
No. Stories 2
Year Built 1910

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
5+2 2 - -
Walk Score®
Very Walkable (71)

ZONING

Zoning Code 2FF
  • Listing ID: 34596222

  • Date on Market: 2025-01-24

  • Last Updated:

  • Address: 228 Plain St, Lowell, MA 01852