694 Merrimack Street Lowell, MA
$2,200,000
Beds 14
Baths 8
Square Feet 8,664
Acres 0.08
Description
Fantastic opportunity to own a turnkey investment property consisting of nine total units, including two retail storefronts and seven residential units. This versatile property offers multiple income streams with strong potential for continued growth and long term investment. The property is ideal for investors looking to add a well established mixed use asset to their portfolio. Letters of Compliance are on file. Don’t miss this opportunity to own a substantial income producing property with both commercial and residential components.
Listed by Keller Williams Realty-Merrimack, The Espinola Group
Details
MLS 73565693
Status Active
Price $2,200,000
DOM 54 days
Type Multi-Family
Beds 14
Baths 7 full, 2 half baths
Square Feet 8,664 sqft
Lot Size 0.08 acres
Year Built 1890
Lot & Building Features
Construction Frame
Sewer Public Sewer
Tax Year 2025
Taxes Paid $8,131
Water Public
Foundation Stone
Roof Rubber
Full Baths 7
Half Baths 2
Parking On Street
Total Rooms 28
Basement Feature Interior Entry, Full
Garage Spaces 0
Map
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Financing
$
6.75%
$
$
$
per month
Principal & Interest
Monthly Taxes
Monthly HOA
Monthly Home Ins.
Monthly PMI
Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This calculator only provides an estimate.