185-193 Smith St Active Save Request In-Person Tour Request Virtual Tour
Lowell,MA 01851
Key Details
Property Type Multi-Family
Sub Type 5-9 Family
Listing Status Active
Purchase Type For Sale
Square Footage 11,685 sqft
Price per Sqft $201
MLS Listing ID 73311077
Bedrooms 36
Full Baths 9
Year Built 1900
Annual Tax Amount $23,657
Tax Year 2024
Lot Size 7,405 Sqft
Property Description
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.
Location
State MA
County Middlesex
Zoning TMF
Building
Story 9
Foundation Stone
Sewer Public Sewer
Water Public
Schools
Elementary Schools Abraham Lincoln
Middle Schools James S. Daley
High Schools Lowell High
Others
Acceptable Financing Contract
Listing Terms Contract