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694 Merrimack Street, Lowell MA 01854

$2,200,000

Estimated $4,245/month Calculator

Multi Family

Total Units: 9

Price Per Unit: $244,444.44

Total Rent: 0/year

Estimated CAP Rate:

14 Bedrooms

Baths

8664

Total Parking: 2

3,485 (0.08)

Fantastic opportunity to own a turnkey investment property consisting of nine total units, including two retail storefronts and seven residential units. This versatile property offers multiple income streams with strong potential for continued growth and long term investment. The property is ideal for investors looking to add a well established mixed use asset to their portfolio. Letters of Compliance are on file. Don’t miss this opportunity to own a substantial income producing property with both commercial and residential components.

This home has been viewed 5 times

Last Checked: October 6th, 2026 at 10:08am (Source: MLS PIN #73565693)

Gross Income: $0

Gross Expenses: $8,131

Net Income Calc: $8,131

Water Views

Annual Expenses for 694 Merrimack Street, Lowell MA 01854

Total Gross Expenses (Calculated)$8,131/year

APOD AvailableYes

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax8131

Annual Income & Unit Breakdown for 694 Merrimack Street, Lowell MA 01854

Total Gross Income (Calculated)$0

Unit 1

Rental Income$0

LeaseY

Bedrooms2

Bathrooms1 Full

Floor2

Levels in Unit1

Rent Includes

Unit 2

Rental Income$0

LeaseY

Bedrooms2

Bathrooms1 Full

Floor2

Levels in Unit2

Rent Includes

Unit 3

Rental Income$0

Lease

Bedrooms2

Bathrooms1 Full

Floor3

Levels in Unit1

Rent Includes

Unit 4

Rental Income$0

Lease

Bedrooms2

Bathrooms1 Full

Floor3

Levels in Unit1

Rent Includes

General Information for 694 Merrimack Street, Lowell MA 01854

Listing ID73565693

Property TypeMulti Family / 5+ Family

Price2200000 ($253.92/SqFt)

Style5-9 Family

CityLowell

CountyMiddlesex

MLS AreaDowntown

Neighborhood(s)

Approximate Living Area Total8664

Approximate Lot Size (Acres)0.08

Total Parking2

Garage Parking0

Year Built1890

Year Built SourcePublic Records

Year Built DetailsActual,Renovated Since

WaterPublic

SewerPublic Sewer

Electric220 Volts

Hot Water

Roof MaterialAsphalt/fiberglass Shingles

BasementFull

Construction MaterialsFrame

Lot FeaturesGentle Sloping

Foundation Description

Accessible Features

Outdoor Space

ZoningUMU

Water ViewsNo

Water Views Features

Waterfront0

Waterfront Features

Terms

Disclosures for 694 Merrimack Street, Lowell MA 01854

Lead PaintNone

UFFINo

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

ExclusionsRefrigerator In Basement And Table In The Kitchen.

Financial Data SourceEstimated

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 694 Merrimack Street, Lowell MA 01854

Real Estate Taxes8131

Tax Year2025

Assessed Value$708,300

Financial Data SourceEstimated

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 694 Merrimack Street, Lowell MA 01854

Neighborhood(s)

MLS AreaDowntown

Area AmenitiesWalk/jog Trails

Contact Information for 694 Merrimack Street, Lowell MA 01854

Agent

Name: The Espinola Group

Office

Name: Keller Williams Realty-Merrimack

Phone: 978-692-3280

Team Members

Payment Calculator

, Interest

Property Taxes 677.58

Principal & Interest 13555.7

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Keller Williams Realty-Merrimack

The Espinola Group

Agent Phone

Office Phone

(978) 692-3280

Text Agent Call Agent Call Office

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    [unparsed] => 694 Merrimack Street, Lowell MA 01854
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EXIT

39 More Photos

Active

694 Merrimack Street, Lowell MA 01854

$2,200,000

Annual Expenses for 694 Merrimack Street, Lowell MA 01854

Annual Income & Unit Breakdown for 694 Merrimack Street, Lowell MA 01854

General Information for 694 Merrimack Street, Lowell MA 01854

Disclosures for 694 Merrimack Street, Lowell MA 01854

Financial Information for 694 Merrimack Street, Lowell MA 01854

Location Information for 694 Merrimack Street, Lowell MA 01854

Contact Information for 694 Merrimack Street, Lowell MA 01854

Agent

Office

Team Members

Payment Calculator

Exclusive Listing Agent

Keller Williams Realty-Merrimack

The Espinola Group