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Adam Dow

| The Dow Group | #1 Real Estate Team in New Hampshire

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694 Merrimack St , Lowell, MA 01854
$2,250,000
Est. Payment: $5,000.00/mo
14 Bed
9 Bath
8664 Sqft
Status: Active | Days on site: 28
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G95166 - TM363470
By proceeding and clicking the sign up button, you consent to receive calls and texts (SMS/MMS) including marketing and promotional communications, from , its affiliates, and agents or vendors acting on their behalf. These communications may be delivered using an automatic telephone dialing system or by using an artificial or prerecorded voice. Message and data rates may apply. To opt out of text messages, reply STOP. Your consent is not required as a condition of any purchase. By continuing, you also agree to our Terms of Use and Privacy Policy.
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House 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.
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Highlights

Listed by The Espinola Group , 508-982-6264 Keller Williams Realty-Merrimack , 978-692-3280.

Property Type

Multi-Family
Lot/Acreage
0.08

Year Built

1890

County

Middlesex

Area

Downtown

Listing ID

73565693

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:14
  • ▪ Bathrooms:9
  • ▪ Full Bathrooms:7
  • ▪ 1/2 Bathrooms:2
Floor:Tile,Varies,Hardwood
Water:Public

Exterior Features

Garage Capacity:2
Zoning:UMU
Roof:Rubber
Sewer:Public Sewer
Parking Features:On Street,Parking Spaces: 2
Principal Interest
$5,000
Taxes
$678

Home Price

$2,250,000

Loan Details

30 yrs
%

Down Payment

20%
$450,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$5,000.00

Principal

Taxes

Principal Taxes HOA Total
Monthly $5,000.00 $677.58 $0.00 $5,677.58
Yearly $60,000.00 $8,131.00 $0.00 $68,131.00
Total $1,800,000.00 $243,930.00 $0.00 $2,043,930.00

Today's Rates

30 Year

0%

20 Year

0%

15 Year

0%

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Market insight data is pulled from the same city as the listing being viewed (Lowell, MA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.