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

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:

9

Zoning:

TMF

Basement:

Full, Dirt Floor, Unfinished

Levels:

9

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

Mass Transit

Yelp

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