$2,355,000
185-193 Smith St
Lowell, MA, 01851
Exceptional investment opportunity! Cap Rate 7.56%. A total of 9 units across three well-maintained buildings, comprising nine 4-bedroom units. The package deal includes a triplex at 185-187 Smith St with major renovations completed in 2018, another triplex at 189-191 Smith St, a third triplex at 193-195 Smith St. All properties are individually listed on MLS. 185 Smith and 195 Smith buildings are on registered land. Features include long-term tenants, units furnished with stoves and refrigerators, and individual laundry rooms in the buildings at 185, 189, and 193 Smith St. with ample on-street parking. These properties boast long-standing tenants and are expected to sell quickly.
Property Details
Price:
$2,355,000
MLS #:
73311077
Status:
Active
Beds:
36
Baths:
9
Address:
185-193 Smith St
Type:
Multi Family
Subtype:
5-9 Family
City:
Lowell
Listed Date:
Nov 10, 2024
State:
MA
Finished Sq Ft:
11,685
Total Sq Ft:
11,685
ZIP:
01851
Lot Size:
7,404 sqft / 0.17 acres (approx)
Year Built:
1900
Units:
9
Schools
Elementary School:
Abraham Lincoln
Middle School:
James S. Daley
High School:
Lowell High
Interior
Appliances
Range, Refrigerator
Bathrooms
9 Full Bathrooms
Exterior
Parking Features
Paved Drive, Off Street
Financial
Tax Year
2024
Taxes
$23,657
Marie Andrews is an award-winning, licensed real estate broker with licenses in Massachusetts and Florida. She has been selling real estate in the greater Boston area for over 20 years. Over the past two decades, Marie has worked for Century 21 Advanced Realty, building a reputation as a multi-million dollar producer. She has developed an extensive network of investors, lenders, and attorneys. Marie has a wide knowledge base on property management, Massachusetts real estate law, and building…
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Courtesy of LAER Realty Partners. The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.
185-193 Smith St
Lowell, MA
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