Overview Property Details Payment Calculator Walkability

Pending

6 Prospect Street, Merrimac MA 01860

$789,900

Estimated $2,041.57/month Calculator

Multi Family

Total Units: 4

Price Per Unit: $197,475

Total Rent: 36000/year

Estimated CAP Rate: 3.40%

8 Bedrooms

5 Full, 1 Half Baths

4,290 SqFt

Total Parking: 10 (2 Garage)

13,822 SqFt

Just minutes from downtown Merrimac and with quick access to Route 495, this 4-unit multi-family home offers both convenience and versatility. With a total of 8 bedrooms and 5.5 bathrooms, each unit features a unique layout, adding character and appeal for tenants and owners...

This home has been viewed 40 times

Last Checked: May 9th, 2025 at 7:38am (Source: MLS PIN #73365035)

Gross Income: $36,000

Gross Expenses: $9,129

Net Income Calc: $26,871

CAP Rate: 3.40%

Annual Expenses for 6 Prospect Street, Merrimac MA 01860

Total Gross Expenses (Calculated)$9,129/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax$9,129

Annual Income & Unit Breakdown for 6 Prospect Street, Merrimac MA 01860

Total Gross Income (Calculated)$36,000

Unit 1

Rental Income$0

LeaseN

Bedrooms3

Bathrooms2 Full, 1 Half

Floor1

Levels in Unit2

HeatingYes

Rent IncludesUnit 3(heat, Electric), Unit 4(heat)

Unit 2

Rental Income$1,500

LeaseN

Bedrooms2

Bathrooms1 Full

Floor2

Levels in Unit1

HeatingYes

Rent IncludesUnit 3(heat, Electric), Unit 4(heat)

Unit 3

Rental Income$0

LeaseN

Bedrooms1

Bathrooms1 Full

Floor2

Levels in Unit1

HeatingYes

Rent IncludesUnit 3(heat, Electric), Unit 4(heat)

Unit 4

Rental Income$1,500

LeaseN

Bedrooms2

Bathrooms1 Full

Floor3

Levels in Unit1

HeatingYes

Rent IncludesUnit 3(heat, Electric), Unit 4(heat)

General Information for 6 Prospect Street, Merrimac MA 01860

Listing ID73365035

Property TypeMulti Family / 4 Family

Price$789,900 ($184.13/SqFt)

Style4 Family

CityMerrimac

CountyEssex

MLS Area

Neighborhood(s)

Approximate Living Area Total4,290 SqFt

Approximate Lot Size (Acres)0.32 acres

Total Parking10 (2 Garage)

Garage Parking2 / Detached

Year Built1881

Year Built SourcePublic Records

Year Renovated

Year Built DetailsActual

Water

Sewer

Electric

Hot Water

Roof Material

Basement

Construction MaterialsConventional (2x4-2x6)

Lot Features

Foundation Area0

Foundation DescriptionStone

Accessible Features

Outdoor SpaceDeck, Deck - Wood, Patio, Porch

ZoningVR

Zoning Details

Water ViewsNo

Water Views Features

WaterfrontNo

Waterfront Features

Energy FeaturesScreens

Terms

Disclosures for 6 Prospect Street, Merrimac MA 01860

Lead Paint

UFFIUnknown

Living Area Includes BasementNo

Living Area DisclosureMeasurements are approx.

Building Area SourcePublic Records

Title 5

Exclusions

Disclosures

Financial Data Source

Total Gross Expenses By Broker$0

Total Gross Income By Broker$36,000

Total Net Income By Broker$36,000

For Sale By OwnerNo

Short Sale / Forclosure (Bank Owned)

Buyer Agent Compensation

Facilitator Compensation

Sub-Agent Compensation

Compensation Based On

Financial Information for 6 Prospect Street, Merrimac MA 01860

Real Estate Taxes$9,129

Tax Year2025

Assessed Value$689,000

Financial Data Source

Total Gross Expenses By Broker$0

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker$36,000

BostonRealEstate.com Gross Income

Total Net Income By Broker$36,000

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

CAP Rate (BostonRealEstate.com)3.40%

Location Information for 6 Prospect Street, Merrimac MA 01860

Elementary School

Middle School

High School

Neighborhood(s)

MLS Area

Area AmenitiesHighway Access, House Of Worship, Public School, Shopping, Park

Contact Information for 6 Prospect Street, Merrimac MA 01860

Agent

Name: Judith Drapeau

MLS ID: F00157JZ

Office ID: AN8751

National Association ID: 454000410

Address: 9 Maruah Ridge Road

City: Haverhill

State: MA

Zip: 01832

Office

Name: Lamacchia Realty, Inc.

MLS Office ID: AN8751

Phone: 978-388-0880

Payment Calculator

$5,627.86 per month

30 Years Fixed, 6.75% Interest

Property Taxes $760.75

Principal & Interest $4,867.11

HOA Dues $0

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Lamacchia Realty, Inc.

Judith Drapeau

Agent Phone

Office Phone

(978) 388-0880

Text Agent Call Agent Call Office

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EXIT

Pending

6 Prospect Street, Merrimac MA 01860

$789,900

Annual Expenses for 6 Prospect Street, Merrimac MA 01860

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Financial Information for 6 Prospect Street, Merrimac MA 01860

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Exclusive Listing Agent

Lamacchia Realty, Inc.

Judith Drapeau