191 E Merrimack, Lowell, MA

  • $3,800,000

Description

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 7.64%.

Address

  • Address 191 E Merrimack, Lowell, MA
  • City Lowell
  • Zip/Postal Code 01852

Details

Updated on October 30, 2023 at 12:13 pm
  • Property ID: 73174646
  • Price: $3,800,000
  • Property Size: 8872 sqft
  • Land Area: 4,356 sqft
  • Bedrooms: 29
  • Rooms: 45
  • Bathrooms: 15
  • Garages: No
  • Year Built: 1900
  • Property Type: Multi-Family
  • Property Status: For Sale

Additional details

  • Cooling: Other
  • Heating: Other
  • Sewer: Public Sewer

Overview

Property ID: 73174646
  • Multi-Family
  • Property Type
  • 29
  • Bedrooms
  • 15
  • Bathrooms
  • No
  • Garages
  • 8872
  • sqft
  • 1900
  • Year Built

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