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INVESTMENT SNAPSHOT
About this property
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.
Property details
| Units | 9 |
| Living area | 8,664 sqft |
| Lot size | 3,485 sqft |
| Year built | 1890 |
| Price / sqft | $260 |
| County | Middlesex |
| MLS # | 73565693 |
Listing status
| Days on market | 0 days |
| Listed on | August 19, 2026 |
Taxes & financials
| Annual property tax | $8,131 |
| Tax year | 2025 |
| Assessed value | $708,300 |
| Zoning | UMU |
| Total actual rent | $0/mo |
Building & lot
| Stories | 6 |
| Total rooms | 28 |
| Lot size | 0.08 acres |
| Garage spaces | 0 |
| Parking spaces | 2 |
| Parking | On Street |
| Basement | Full, Interior Entry |
| Foundation | Stone |
| Roof | Rubber |
| Construction | Frame |
| Flooring | Tile, Varies, Hardwood |
Utilities & systems
| Sewer | Public Sewer |
| Water | Public |
| Utilities | for Gas Range, for Electric Dryer, Washer Hookup, Varies per Unit |
Location
More about investing in Lowell →
Listing courtesy of a MLS PIN member office. Listing data © MLS PIN.
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Questions & answers
Auto-generated from the listing data — richer AI answers coming with the live site.
How many units does 694 Merrimack Street, Lowell MA 01854 have?
It is a 9-unit multi-family property with 8,664 sqft of living area, built in 1890.
How long has 694 Merrimack Street, Lowell MA 01854 been on the market?
694 Merrimack Street, Lowell MA 01854 has been listed for 0 days (since August 19, 2026).
What is the price per unit?
At a list price of $2,250,000 across 9 units, that works out to roughly $250,000 per unit.
What are the property taxes on 694 Merrimack Street, Lowell MA 01854?
Annual property taxes are $8,131 (2025), on an assessed value of $708,300.
What is the price per square foot?
At $2,250,000 for 8,664 sqft, that's about $260 per square foot.
Is there parking?
2 total parking spaces (on street).
Where is this property located?
694 Merrimack Street, Lowell MA 01854 is in Lowell, Middlesex County, MA 01854.
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