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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.

More Info

Basic Information

  • Lot Features Other
  • Mls StatusNew
  • Parcel Number M:137 B:4060 L:694,3185092
  • Road Frontage DescriptionPaved

Tax Information

  • Tax Assessed Value $708,300
  • Tax Year 2025
  • Taxes$8,131

Parking

  • Open Parking YN Yes
  • Parking Features On Street
  • Parking Spaces2

Rooms

  • Bathroom9
  • Bathrooms Total Decimal 8
  • Bedrooms14
  • Full Bath7
  • Half Baths2

Basic Information

  • List Price$2,250,000
  • MLS Number73565693
  • Modification Date08/19/2026
  • Property SubType5-9 Family

Location

  • Address694 Merrimack Street
  • Building Number694
  • CountyMiddlesex
  • NeighborhoodDowntown
  • StateMA
  • StreetMerrimack Street
  • SubdivisionDowntown
  • TownLowell
  • Zip01854

Building

  • BasementFull, Interior Entry
  • Building Area Units Square Feet
  • Construction Materials Frame
  • Door Features Insulated Doors
  • FoundationStone
  • Levels 6
  • Rooms28
  • Stories6
  • Units9
  • Utilities For Gas Range, For Electric Dryer, Washer Hookup, Varies Per Unit
  • Window Features Insulated Windows, Screens
  • Year Built1890
  • Year Built Details Actual, Renovated Since
  • Year Built Source Public Records

Property

  • Acreage0.08

Interior

  • Flooring Tile, Varies, Hardwood

Exterior

  • RoofRubber

Utilities

  • Electric Circuit Breakers,100 Amp Service, Common, Individually Metered
  • Sewer Public Sewer
  • Water Source Public

Property Information

  • Building Area Source Public Records
  • Living Area 8,664
  • Lot Size Square Feet 3,485
  • Lot Size Units Acres
  • Road Responsibility Public Maintained Road
  • Square Feet8,664

Amenities

  • Amenities
    • Highway Access
    • House of Worship
    • Laundromat
    • Medical Facility
    • Public School
    • Public Transportation
    • Shopping
    • Sidewalks
    • T-Station
    • Tennis Court(s)
    • University
    • Walk/Jog Trails
  • Other AmenitiesBasement, Tennis

Legal

  • ZoningUMU

Other

  • Date Listed08/19/2026
  • Farm Land Area Units Square Feet

Map Location

Driving Directions

Listed by The Espinola Group of Keller Williams Realty-Merrimack

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