The University Avenue Apartments consists of 5 units and is comprised of 1-3 bedroom unit, 3-2 bedroom units and 1-1 bed unit. Tenants enjoy coin-operated laundry and off-street parking in a highly desirable area of Lowell located just a half a mile to UMASS North Campus. New owner has the ability to renovate the current units and increase the rents which are roughly 20% under market. All interested and qualified parties can tour the building and obtain additional information upon request. This building can be sold individually or as a package with 380 University Avenue.
4,458 Sq Ft
5,662 Sq Ft Lot Size
Investment
$8,868 Annual Tax
Built in 1940
MLS/Listing ID 73451020
5 Stories
5 Units
Brick Mortar
Lot - Corner Lot
Irregular