Off Market

185-193 Smith St, Lowell, MA

Lowell · MA 01851

$2,355,000
Price
36
Beds
9
Baths
11685
Sq. ft.

Overview

Property type: Multi-Family
Year built: Built in 1900
Units: 9 Units
Lot size: 7,404 Sq.Ft Lot
Price per square foot: $202 / Sq.Ft
Parking: No Parking

About this home

Exceptional investment opportunity! Cap Rate 7.56%. A total of 9 units across three well-maintained buildings, comprising nine 4-bedroom units. The package deal includes a triplex at 185-187 Smith St with major renovations completed in 2018, another triplex at 189-191 Smith St, a third triplex at 193-195 Smith St. All properties are individually listed on MLS. 185 Smith and 195 Smith buildings are on registered land. Features include long-term tenants, units furnished with stoves and refrigerators, and individual laundry rooms in the buildings at 185, 189, and 193 Smith St. with ample on-street parking. These properties boast long-standing tenants and are expected to sell quickly.

Neighborhood & Transit

185-193 Smith St, Lowell · MA 01851

Nearby transit

Within 0.5 mile, measured straight-line to the nearest station entrance.

  • Lowell Commuter Rail 1 route 0.48 mi
    • Lowell Line

Price Insight

Days on Market:
723 days
Listing Price:
$2,355,000
Price per Sq.Ft:
$202
Tax Assessment:
$590,400 in 2024
Taxes:
$1,971 / Monthly

Home Facts

Interior Features

Bedrooms
36
Full Bathrooms
9
Half Bathrooms
0
Living Area
11,685 Sq.Ft
Kitchen
Unknown
Primary Bedroom
Unknown
Laundry
Unknown
Living levels
Unknown
Rooms
Unknown
Above grade area
11685
Flooring
Unknown
Lead paint
Yes

Utilities

Heating Type
Unknown
Heating Zone
Unknown
Cooling
Unknown
Cooling Zones
Unknown
Water
Unknown
Sewer
Unknown
Electric Features
Unknown

Exterior Features

Lot Size
7,404 Sq.Ft
Lot Description
Unknown
Exterior Features
Unknown

Parking

Garage Parking
0 Parking Spaces
Off Street Parking
None

Construction Details

Construction Type
Unknown
Siding
Vinyl
Roof
Unknown

Green Features

Electric Vehicle Charger
Unknown
Solar Panels
Unknown
Green Certified
Unknown
Insulation Features
Unknown
Energy Features
Unknown

Listing information

Listing agent
Paul Brouillette
Listing office
LAER Realty Partners
MLS PIN #
73311077
Disclosure
Please see attached lead compliance.