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.
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 | - | - |
1 of 1
Walk Score®
Very Walkable (71)
ZONING
Zoning Code | 2FF |