J. Barrett & Company
Tina McManus, J. Barrett & CompanyPhone: (978) 473-2154
Email: [email protected]
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listing
1 of 15
MultifamilyFor Sale
$5,400,000
173 & 189 E Merrimack St
Lowell, MA 01852
Courtesy of Horvath & Tremblay - Spencer Norton
MLS Property Information Network
35Beds
16Full2Half Baths
13,586Sq Ft
Est. Mortgage
$27,974/mo

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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Information courtesy of Horvath & Tremblay is subject to verification and is not guaranteed.
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