244 - 246 Concord Street

244 Concord Street, Lowell, MA 01852

  • For Sale $1,100,000
  • 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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Attachments

Highlights

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

Contacts

broker

Kevin Benzinger

Boston Realty Advisors

(617) 850-9647

Location

Getting Around

  • Walk Score ®

    86/100 Very Walkable

  • Transit Score ®

    55/100 Good Transit

  • Bike Score ®

    49/100 Somewhat Bikeable
Powered by Walk Score ®
  • 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

  • Belvidere House of Pizza

    0.24 miles

  • Dunkin' Donuts

    0.44 miles

  • New Great Taste

    0.47 miles

  • Espresso Pizza

    0.49 miles

  • Blue Taleh

    0.57 miles

  • Green Bamboo

    0.58 miles

  • El Potro Mexican Grill

    0.68 miles

  • TreMonte Pizzeria Restaurant & Bar

    0.68 miles

  • Fabiano's Pizzeria and Cafe

    0.69 miles

  • 1981 Ramen Bar

    0.69 miles

  • Holy Trinity Elementary School

    0.11 miles

  • Moody School

    0.20 miles

  • Ames Street School

    0.20 miles

  • Immaculate Conception School

    0.42 miles

  • Saint Stanislaus Elementary School

    0.50 miles

  • Lowell Middlesex Academy Charter School

    0.52 miles

  • My school

    0.53 miles

  • E N Rogers

    0.53 miles

  • Middlesex Community College

    0.53 miles

  • Rogers Early Literacy Center

    0.53 miles

  • Lowell Day Nursery

    1.22 miles

  • Gurukul Learning Center

    6.15 miles

  • Amazing Minds Child Care

    7.19 miles

  • Westford KinderCare

    8.12 miles

  • The Learning Experience

    8.31 miles

  • Westford Preschool at Saint Mark's Church

    8.64 miles

  • The Goddard School

    9.21 miles

  • Crandall's Child Care

    9.35 miles

Frequently Asked Questions

What is the lease rate for 244 - 246 Concord Street?

Rental asking rate at 244 - 246 Concord Street is $550,000.00/YR.

What is the total square footage of 244 - 246 Concord Street?

244 - 246 Concord Street totals 6,300 square feet.

When was this property built?

244 - 246 Concord Street was built in 1900.

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Contact Listing Broker

broker

Kevin Benzinger

Boston Realty Advisors

(617) 850-9647