Exceptional investment or owner-occupant opportunity in the heart of Merrimac! This versatile multi-family property features two spacious 3-bedroom units plus a separate 1-bedroom, 1-bath ADU, offering excellent income potential and flexibility. The beautifully renovated owner's unit is located on the second floor & showcases a stunning high-end kitchen, updated baths, a great room and modern finishes throughout. Additional space in attic for expansion. The first-floor 3-bedroom,1-bath unit offers generous living space & is ready for cosmetic updates to maximize value. The ADU provides additional rental income, guest accommodations, or multi-generational living options. All units feature in-unit laundry for added convenience. Ample off-street parking, strong rental potential, & a desirable location close to local amenities make this a rare find.Property can be delivered vacant, allowing buyers to set market rents or occupy immediately. Don't miss this outstanding investment opportunity
This home has been viewed 5 times
Last Checked: June 24th, 2026 at 9:23am (Source: MLS PIN #73540183)
Gross Income: $46,800
Gross Expenses: $11,056
Net Income Calc: $35,744
Annual Expenses for 21 Pleasant Street, Merrimac MA 01860
Total Gross Expenses (Calculated)$11,056/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax11056
Annual Income & Unit Breakdown for 21 Pleasant Street, Merrimac MA 01860
Total Gross Income (Calculated)$46,800
Unit 1
Rental Income$0
LeaseN
Bedrooms3
Bathrooms1 Full
Floor1
Levels in Unit1
Rent IncludesHeat
Unit 2
Rental Income$0
LeaseN
Bedrooms3
Bathrooms2 Full
Floor2
Levels in Unit2
Rent IncludesHeat
Unit 3
Rental Income$0
LeaseN
Bedrooms1
Bathrooms1 Full
Floor1
Levels in Unit1
Rent IncludesHeat
General Information for 21 Pleasant Street, Merrimac MA 01860
Listing ID73540183
Property TypeMulti Family / 2 Family
Price1049000 ($222.72/SqFt)
Style2 Family - 2 Units Up/down
CityMerrimac
CountyEssex
Neighborhood(s)
Approximate Living Area Total4710
Approximate Lot Size (Acres)0.46
Total Parking10 (2 Garage)
Garage Parking2
Year Built1876
Year Built SourcePublic Records
Year Built DetailsActual
WaterPublic
SewerPublic Sewer
Electric220 Volts
Hot Water
Roof Material
BasementFull
Construction Materials
Lot Features
Foundation Description
Accessible Features
Outdoor SpaceCovered
ZoningR
Water Views
Water Views Features
Waterfront0
Waterfront Features
Terms
Disclosures for 21 Pleasant Street, Merrimac MA 01860
Lead PaintNone
UFFI
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourcePublic Records
ExclusionsWasher/Dryer
Financial Data Source
Total Gross Expenses By Broker
Total Gross Income By Broker
Total Net Income By Broker
Short Sale / Forclosure (Bank Owned)
Compensation Based On
Financial Information for 21 Pleasant Street, Merrimac MA 01860
Real Estate Taxes11056
Tax Year2025
Assessed Value$834,400
Financial Data Source
Total Gross Expenses By Broker
BostonRealEstate.com Gross Expenses
Total Gross Income By Broker
BostonRealEstate.com Gross Income
Total Net Income By Broker
BostonRealEstate.com Gross NOI
CAP Rate (based on Broker info)
Location Information for 21 Pleasant Street, Merrimac MA 01860
Neighborhood(s)
Area Amenities
Contact Information for 21 Pleasant Street, Merrimac MA 01860