Lowell, MA 01852,19-25 Merrimack St
Lowell, MA 01852,19-25 Merrimack St
Lowell, MA 01852,19-25 Merrimack St
6
$910,000
$950,000
4.2%
Est.Price: ?

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5,622 SqFt

19-25 Merrimack St Lowell, MA 01852

Est. payment /mo
SOLD DATE : 12/18/2018

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Eric Coury

Eric Coury

The Coury Team Homes - KW ELITE

+1(508) 838-6956

Our team is ready to help you sell your home for the highest possible price ASAP

Key Details

Sold Price $910,000

Property Type Commercial

Listing Status Sold

Purchase Type For Sale

Square Footage 5,622 sqft

Price per Sqft $161

MLS Listing ID 72317120

Year Built 1880

Annual Tax Amount $14,048

Tax Year 2018

Lot Size 6,969 Sqft

Property Description

Now fully occupied and in prime downtown location! This is the perfect investment opportunity for someone looking for a building with very low maintenance and one that is occupied with tenants holding long term leases. The leases for both tenants, Walgreen's Community Pharmacy and Dudley's Bar and grill , are NNN. The building has recently been improved with a new 800 amp 3 phase electrical service, brand new rubber roofs for the entire building, (2) new 8.5 and 10 ton HVAC units , Fire alarm system etc... The property extends from Merrimack St. in front to Paige St. in the rear for dual sided access to the building and property. The cap rate on this property is an amazing 9%. Don't miss this chance. Call listing agent now for additional details.

Location

State MA

County Middlesex

Zoning B3000

Exterior

Utilities Available Public Water, Public Sewer

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Listed by 1 Plus 1 Realty LLC.
Bought with George Pissimissis • KW Commercial - Boston Metro
Eric Coury

Eric Coury

Realtor - Team Manager

+1(508) 838-6956

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