MA > Lowell
Lowell, MA 01851,185-193 Smith St
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Lowell, MA 01851,185-193 Smith St
Lowell, MA 01851,185-193 Smith St
Lowell, MA 01851,185-193 Smith St
Lowell, MA 01851,185-193 Smith St
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Emilio DiSpirito

Emilio DiSpirito

+1(401) 359-2338
$ 2,355,000
Est. payment /mo
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Active Under Contract

185-193 Smith St Lowell, MA 01851

36 Beds

9 Baths

11,685 SqFt

UPDATED:

11/26/2024 06:04 PM

Key Details

Property Type Multi-Family

Sub Type 5-9 Family

Listing Status Active Under Contract

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

Acres 0.17

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

Direction Rte. 110/Chelmsford St to Liberty St to Left on Smith St

Rooms

Basement Full, Dirt Floor, Unfinished

Interior

Interior Features Living Room, Kitchen, Laundry Room

Appliance Range, Refrigerator

Exterior

Garage No

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

Senior Community false

Acceptable Financing Contract

Listing Terms Contract

Listed by LAER Realty Partners

Emilio DiSpirito

License Partner | Private Office Advisor | License ID: S35582

+1(401) 359-2338

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185-193 Smith St