173 & 189 E Merrimack St, Lowell, MA 01852
- $5,400,000
- 35
- BD
- 18
- BA
- 13,586
- SqFt
- List Price
- $5,400,000
- Status
- ACTIVE
- MLS#
- 73160938
- Bedrooms
- 35
- Bathrooms
- 18
- Full Baths
- 16
- Half Baths
- 2
- Living Area
- 13,586
- Lot Size (Acres)
- 0.15
- Year Built
- 1900
Property Description
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.
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Additional Information
- Taxes
- $20,470
- Interior Features
- Other (See Remarks), Unit 1 Rooms(Living Room,Kitchen), Unit 2 Rooms(Living Room,Kitchen)
- Lot Description
- Corner Lot
- Water
- Public
- Sewer
- Public Sewer
Mortgage Calculator
Listing courtesy of Listing Agent: Spencer Norton from Listing Office: Horvath & Tremblay.
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