810 Central St, Lowell, Massachusetts 01852

$2,300,000

Listing agent James O'Neill from Keller Williams Realty North Central

Property Description

PROPERTY OVERVIEW Mixed Use Residential-Retail - Six units (5 three bedroom units & a Convivence Store). One Family proudly owned since 1932.Value Add property. One of the legal residential units is being used as storage area for the store. This transaction includes both the Real Estate and Business for a Price of $2,300,000.The opportunity to purchase the convivence store business with an estimated value of up to $800,000 and run it yourself or sell the business and lease store to the new business owner. Current three (3) brother ownership of both the Real Estate and Convenience Store Business has been in place since 1974 and each of the families has prospered and enjoyed this business enterprise. PROPERTY HIGHLIGHTS Value-Add Property Location - Location- Location This Lowell MA property qualifies for MA Gateway City Housing Development Investment Program (HDIP)Real Estate Income $54.7K/yr. Projected Market Income $97.2K/yr

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