Price Reduced 31.74%

$2,355,000 ($201.54 per sqft)

Est. Mortgage $11,447/mo *

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185-193 Smith St, Lowell, MA, 01851

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54 rooms

36 beds

9 Full baths

1900

11,685 sqft

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.

Status:

Active

Type:

Multi-family

Units:

Zoning:

TMF

Basement:

Full, Dirt Floor, Unfinished

Levels:

Parking:

Paved Drive, Off Street

Acreage:

0.17

Est. Taxes:

$23,657

Assessment

$590,400

Elementary School:

Abraham Lincoln

Middle School:

James S. Daley

High School:

Lowell High

Appliances:

Range, Refrigerator

MLS #:

73311077

Community Info

School Info

Walk Score

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Listing courtesy of Paul Brouillette, LAER Realty Partners Phone: 978-251-8221

$2,355,000 ($201.54 per sqft)

185-193 Smith St, Lowell, MA, 01851

Community Info

School Info

Walk Score

Mass Transit

Yelp

Similar Properties

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648 Huron Ave., Cambridge, (Strawberry Hill), MA, 02138

$2,450,000

24 Winslow Street, Provincetown, MA, 02657

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2 Powers Ct, Boston, (North End), MA, 02109

$2,195,000

66 Mozart Street, Boston, (Jamaica Plain), MA, 02130

$2,400,000

75-77 F Street, Boston, (South Boston), MA, 02127

$2,250,000

1 Fawn Circle, Bedford, (Bedford Springs), MA, 01730

$2,274,900

14 Fuller Street Units 1 & 2, Waltham, MA, 02453

$2,200,000

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$2,200,000

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$2,349,900

69 Jaques St, Somerville, MA, 02145

$2,400,000

173 School Street, Boston, (Jamaica Plain), MA, 02130

$2,375,000

107-109 Nichols Ave, Watertown, MA, 02472

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194 Auburn, Newton, (Auburndale), MA, 02466

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185-193 Smith St, Lowell, MA, 01851

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