Multi-Family for Sale: 185-193 Smith St, Lowell, MA 01851

36 beds
9 full baths
11,685 sqft
$2,355,000
$2,355,000
185-193 Smith St, Lowell, MA 01851
36 beds
9 full baths
11,685 sqft
$2,355,000
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Price:
$2,355,000
$1,095,000 - 11/20/2024
Est. payment: Skip to Mortgage Calculator

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Type Multi-Family
Beds 36
Total Baths 9 full baths
Square Feet 11,685 sqft
Lot Size 0.17 acres
Year Built 1900
City Lowell
County Middlesex
MLS 73311077
Status Pending
DOM 37 days
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.

Lot & Building Features

Appliances Range, Refrigerator
Sewer Public Sewer
Tax Year 2024
Taxes Paid $23,657
Water Public
Foundation Stone
Interior Features Kitchen, Living Room, Laundry Room
Full Baths 9
Parking Off Street, Paved Drive
Total Rooms 54
Basement Feature Dirt Floor, Unfinished, Full
Garage Spaces 0

Community and Schools

Elementary School Abraham Lincoln
Junior High School James S. Daley
Senior High School Lowell High

Price History of 185-193 Smith St

Date Name Price Difference
11/20/2024 Price Adjustment $2,355,000 31.74%
11/10/2024 Listing Price $3,450,000 N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.

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Photo of Dina Melanson
Dina Melanson
Realtor
Direct: 802-839-8247
Office
655 Wallis Road.
Rye, NH 03870
603-964-7000
Listed by LAER Realty Partners, Paul Brouillette
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185-193 Smith St (MLS #73311077) is a multi-family listing located in Lowell, MA. This multi-family listing is 11,685 sqft and on a lot of 7,404 sqft (or 0.17 acres) with 36 bedrooms, 9 baths and is 124 years old. This property was listed on 11/10/2024 and has been priced for sale at $2,355,000.

Nearby zip codes are 01824, 01826, 01850, 01852 and 01854. This property neighbors other cities such as Billerica, Chelmsford, Dracut, Tewksbury and Tyngsborough.

MLS PIN

Listing Last updated . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Walk Score map and data provided by Walk Score. Google map provided by Google. Bing map provided by Microsoft Corporation.

All information provided is deemed reliable but is not guaranteed and should be independently verified.

Listing information 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.