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LazarusLong67 OP t1_j6jzfk4 wrote

Reply to comment by Treed225 in Tell me about the old mill apartments by LazarusLong67

That property looks like it would fit a lot of our needs - they have some significantly larger units that are well priced (which scares me a bit - why are they cheaper lol?).

Only thing is it doesn't look like they have any kind of outdoor grilling area, do they?

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Treed225 t1_j6k2tt6 wrote

Yeah unfortunately there’s no grilling area.

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WalkerLowellMA t1_j6le05t wrote

> why are they cheaper lol?

A lot of new units have come on line in the last few years. Developers have wanted to increase occupancy rates quickly, so rents are attractive by design. I would expect rents to go up. Prices on condos in Lowell have climbed rather slowly over the last 20 years, partly because of so many new units coming on line every year. That's good if you're buying now. Not so great for those of us who bought 20 years ago.

Maybe prices and rents in Lowell are a bit lower than say Worcester because of reputation. Look at some of the 'best places to live' posts in r/massachusetts and see how perceptions of Lowell are varied. Some of that is reasonable because for example, the Jackson street area was a bunch of abandoned buildings until a few years ago. Some of that is negativity towards immigrant communities, and low-middle income people.

WRT grilling, I guess that is fun... but I would rather get Southeast Asia BBQ! The variety of restaurants in Lowell is insane and some places are incredibly good values.

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