Off Market

191 E Merrimack St, Lowell, MA

Lowell · MA 01852

$3,800,000
Price
29
Beds
14.5
Baths
8872
Sq. ft.

Overview

Property type: Multi-Family
Year built: Built in 1900
Units: 16 Units
Lot size: 4,360 Sq.Ft Lot
Price per square foot: $428 / Sq.Ft
Parking: No Parking

About this home

Horvath & Tremblay is pleased to present the exclusive opportunity to purchase the mixed-use investment property located at 191 E Merrimack Street in Lowell, Massachusetts (the ?Property?). The Property is well-located in the Belvidere neighborhood of Lowell?s Downtown. The Property has been completely renovated (exterior and interior) and features condo quality finishes. The Property contains sixteen (16) units comprised of three (3) commercial units, seven (7), 3-Bedroom/1 Bathroom units, two (2), 2-Bedroom/1-Bathroom units, two (2), 1-Bedroom/1-Bathroom units, one (1), 1-Bedroom/2-Bathroom unit, and one (1) Studio unit with 8,872 square feet of living area in 13,362 gross square feet on 0.10-acres of land. The property has a current cap rate of 7.78%.

Neighborhood & Transit

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:
1104 days
Listing Price:
$3,800,000
Price per Sq.Ft:
$428
Tax Assessment:
$906,200 in 2023
Taxes:
$1,284 / Monthly

Home Facts

Interior Features

Bedrooms
29
Full Bathrooms
14
Half Bathrooms
1
Living Area
8,872 Sq.Ft
Kitchen
Unknown
Primary Bedroom
Unknown
Laundry
Unknown
Living levels
Unknown
Rooms
Unknown
Above grade area
8872
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
4,360 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 #
73174646