CCertihomes
31 First Street Boulevard, Lowell, MA 01850

$2,495,000

0 beds 0 baths 25,730 sqft Built 1920Active

About this home

Great location, condition and potential for investor or owner user. Flexible renovated light industrial and retail income property with multiple use possibilities. Auto parts store rents retail portion of building (8, 500 SF) with net lease and renewal option. See agent for lease terms. Light industrial property presently used by owner includes space for assembly, light manufacturing, warehousing, plus has reception/display areas, kitchen, conference room and potential for additional retail in front area. Roof, HVAC and fireprotection systems recently replaced as part of prior renovations. SBA loan for a portion of debt may be assumable for qualified buyers. Traffic count at First Street is 17, 949 average automobiles per day. Building and parking are separate parcels under same ownership.

Affordability — calculate your monthly payment

Adjust your budget to see what's left after housing, utilities and transportation. Numbers below assume a 5% down, 30YrJumbo at 4% APR.

Your estimated payment
$18,289/mo

Real estate (PITI + HOA + PMI)
$18,281
Principal + interest$11,316
Property tax + insurance$6,029
PMI / 2nd mortgage$936
Utilities
$1,422
Heating + cooling$549
Internet + TV + phone$158
Water + sewer + garbage$58
Transportation
$129
Car insurance + maintenance$129
Other (entertainment)
$158
$18,289/mo TLC
Budget$18,789/mo
Remaining after TLC$500/mo
Purchase price
$2,495,000
Down payment
$124,750 (5%)
Loan amount
$2,370,250
APR
4%

Quick facts

Type
COM
Style
Year built
1920
Lot size
1.23 ac
Stories
0
Heating
Cooling
Water
HOA
Annual tax
$32,637
MLS #
73221628
County
Middlesex

Neighborhood — 01850

MetricThis ZIPCountyUSA
Population13,8636,444,931299,088,112
Population Change Since19903.00%7.00%20.00%
Population Density9,478786
Male6,8513,127,134147,432,321
Female7,0123,317,797151,655,844
Never Married4,1291,612,88563,775,926
Married3,9132,586,314123,120,365
Separated616247,85712,639,686
Widowed615363,59415,467,586
Divorced1,182436,88823,075,029
Number Of House Hold4,9632,431,591111,826,380
Average House Hold Size2.762.562.60
Medial Age31.0337.2535.46
Median House Hold Income$42,226$57,698$48,276
Average House Hold Income$43,674$75,023$63,629
P C I$16,380$29,196$24,529
M D I$36,726$48,105$41,133
A T H E$40,036$57,083$50,898
S T R5.00%5.00%
W C J81.03%81.38%77.74%
(Zip) Code
1850

Data via Certihomes neighborhood index. Comparisons across this ZIP, county and the United States.

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MLSPIN

Listing information last refreshed 4/9/2024. Provided courtesy of the listing office via MLSPIN. Information deemed reliable but not guaranteed.