34
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$2,355,000
Est. payment /mo
36 BD
9 BA
11,685 SqFt
Active
185-193 Smith St Lowell, MA 01851
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UPDATED:
12/23/2024 08:05 AM
Key Details
Property Type Multi-Family
Sub Type 5-9 Family
Listing Status Active
Purchase Type For Sale
Square Footage 11,685 sqft
Price per Sqft $201
MLS Listing ID 73311077
Bedrooms 36
Full Baths 9
Year Built 1900
Annual Tax Amount $23,657
Tax Year 2024
Lot Size 7,405 Sqft
Acres 0.17
Property Description
Exceptional investment opportunity! Cap Rate 7.56%. A total of 9 units across three well-maintained buildings, comprising nine 4-bedroom units. The package deal includes a triplex at 185-187 Smith St with major renovations completed in 2018, another triplex at 189-191 Smith St, a third triplex at 193-195 Smith St. All properties are individually listed on MLS. 185 Smith and 195 Smith buildings are on registered land. Features include long-term tenants, units furnished with stoves and refrigerators, and individual laundry rooms in the buildings at 185, 189, and 193 Smith St. with ample on-street parking. These properties boast long-standing tenants and are expected to sell quickly.
Location
State MA
County Middlesex
Zoning TMF
Direction Rte. 110/Chelmsford St to Liberty St to Left on Smith St
Rooms
Basement Full, Dirt Floor, Unfinished
Interior
Interior Features Living Room, Kitchen, Laundry Room
Appliance Range, Refrigerator
Exterior
Garage No
Building
Story 9
Foundation Stone
Sewer Public Sewer
Water Public
Schools
Elementary Schools Abraham Lincoln
Middle Schools James S. Daley
High Schools Lowell High
Others
Senior Community false
Acceptable Financing Contract
Listing Terms Contract
Listed by LAER Realty Partners
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