Off Market
171 & 191 E Merrimack St, Lowell, MA
Lowell · MA 01852
- $5,400,000
- Price
- 35
- Beds
- 17
- Baths
- 13586
- Sq. ft.
Overview
Property type:
Multi-Family
Year built:
Built in 1900
Units:
20 Units
Lot size:
6,596 Sq.Ft Lot
Price per square foot:
$397 / Sq.Ft
Parking:
No Parking
About this home
Horvath & Tremblay is pleased to present the exclusive opportunity to purchase the mixed-use investment properties located at 173 and 189 E Merrimack Street. The properties have a current cap rate of 6.87%. Both buildings have been renovated in 2022 & 2023 (exterior and interior) and feature condo quality finishes, stainless steel appliances, washer/dryer hookups, tankless combination units for heat & hot water (189 E Merrimack), and mini split systems for heat & air conditioning (173 E Merrimack). The Properties contain twenty (20) units comprised of five (5) commercial units, nine (9), 3-Bedroom/1 Bathroom units, two (2), 2-Bedroom/1-Bathroom units, two (2), 1-Bedroom/1 Bathroom units, and two (2) Studio Units.
Neighborhood & Transit
171 & 191 E Merrimack St, Lowell · MA 01852
Nearby transit
Within 0.5 mile, measured straight-line to the nearest station entrance.
No subway or commuter rail stations within 0.5 mile.
Price Insight
- Days on Market:
- 1141 days
- Listing Price:
- $5,400,000
- Price per Sq.Ft:
- $397
- Tax Assessment:
- $1,176,000 in 23
- Taxes:
- $1,706 / Monthly
Home Facts
Interior Features
- Bedrooms
- 35
- Full Bathrooms
- 16
- Half Bathrooms
- 2
- Living Area
- 13,586 Sq.Ft
- Kitchen
- Unknown
- Primary Bedroom
- Unknown
- Laundry
- Unknown
- Living levels
- Unknown
- Rooms
- Unknown
- Above grade area
- 13586
- Flooring
- Unknown
- Lead paint
- Unknown
Utilities
- Heating Type
- Unknown
- Heating Zone
- Unknown
- Cooling
- Unknown
- Cooling Zones
- Unknown
- Water
- Unknown
- Sewer
- Unknown
- Electric Features
- Unknown
Exterior Features
- Lot Size
- 6,596 Sq.Ft
- Lot Description
- Unknown
- Exterior Features
- Unknown
Parking
- Garage Parking
- 0 Parking Spaces
- Off Street Parking
- None
Construction Details
- Construction Type
- Unknown
- Siding
- Unknown
- Roof
- Unknown
Green Features
- Electric Vehicle Charger
- Unknown
- Solar Panels
- Unknown
- Green Certified
- Unknown
- Insulation Features
- Unknown
- Energy Features
- Unknown
Listing information
- Listing agent
- Spencer Norton
- Listing office
- Horvath & Tremblay
- MLS PIN #
- 73160938