278 Central Street, Lowell, Massachusetts 01852

$1,499,000
27
BD
8
BA
8,960
SqFt

Listing agent Brian DApice from The Mega Group

List Price
$1,499,000
MLS#
72626329
Bedrooms
27
Bathrooms
8
Sq. Ft
8,960
Lot Size
3,345
County
Middlesex
Year Built
1824
Status
ACTIVE

Property Description

OPPORTUNITY ZONE INVESTMENT - 11.85% CAP - New Hotel License was issued Dec. 2019 - Situated in the heart of downtown Lowell rests this circa 1825 Greek Revival brick building, currently a mixed-use investment property featuring a restaurant tenant on the first floor with a boarding house / hotel above, overlooking a brick paved courtyard. The hotel features 27-rooms on three living levels with common bathrooms and coin-operated laundry. Historically known as Mrs. Hildreth’s Boarding House, the property is believed to have had President Lincoln once speak to the public from the open porch. 278 Central Street Lowell is at the junction of Route 110 in downtown, about 3/4 mile from the Lowell Connector.

Additional Information

Days on Market
33
Taxes
$6,595
Construction
Frame
Amenities
Public Transportation, Highway Access, University
Basement
Yes
Lot Description
Other (See Remarks)
Acres
0.08
Price Per Sqft
$167

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