RARE MULTIFAMILY INVESTMENT OPPORTUNITY IN DRACUT - VALUE & CASHFLOW POTENTIAL Don't miss this opportunity to own this 3-unit multifamily, perfect for both investors and owner occupants. This versatile asset features two spacious 2-bedroom, 1 bathroom units along with a well maintained 1-bedroom, 1-bathroom unit. Regardless if you are looking to live in one unit and rent out the others, or, fully lease all three, this property offers tremendous upside. Whether you're expanding your portfolio or just getting started in multifamily investing, this property presents a rare chance to secure a cash flowing asset with long-term growth potential. First showings will take place at the open houses being hosted on Saturday and Sunday 8/9 and 8/10 from 11am to 1pm both days.
Sold for $735,000
$735,000
512 Merrimack Ave, Dracut, MA 01826
5beds
2,933sqft
3 Family
Built in 1945
-- sqft lot
$741,400 Zestimate®
$251/sqft
$2,846 Estimated rent
Home value
$741,400
$690,000 - $801,000
$2,846/mo
Zestimate® history
Owner options
List your home for rent
$2,846/mo
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$2,846/mo
Rent Zestimate®
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$4,570/mo
Est. payment
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$4,570/mo
Est. payment
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Zillow last checked:
Listing updated:
Listed by:
Christopher Pascoe 603-557-0028,
RE/MAX Synergy 603-472-3900
Bought with:
Silvia Monteiro
Dell Realty Inc.
Source: MLS PIN,MLS#: 73413500
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Baseboard
Cooling
- Window Unit(s)
Appliances
- Included: Range, Refrigerator, Dishwasher, Washer, Dryer
- Laundry: Washer & Dryer Hookup, Washer Hookup
Features
- Ceiling Fan(s), Living Room, Kitchen
- Flooring: Carpet, Laminate
- Basement: Full,Bulkhead,Dirt Floor,Concrete,Unfinished
- Has fireplace: No
Interior area
- Total structure area: 2,933
- Total interior livable area: 2,933 sqft
- Finished area above ground: 2,933
Property
Parking
- Total spaces: 8
- Parking features: Off Street
- Uncovered spaces: 8
Features
- Patio & porch: Porch
Lot
- Size: 8,167 sqft
- Features: Corner Lot
Details
- Parcel number: 3516655
- Zoning: B-3
Construction
Type & style
- Home type: MultiFamily
- Property subtype: 3 Family
Materials
- Frame, Stone
- Foundation: Stone
- Roof: Shingle
Condition
- Year built: 1945
Utilities & green energy
- Electric: Circuit Breakers, 100 Amp Service, Individually Metered
- Sewer: Public Sewer
- Water: Public
- Utilities for property: for Gas Range, for Electric Range, Washer Hookup, Varies per Unit
Community & neighborhood
Location
- Region: Dracut
HOA & financial
Other financial information
- Total actual rent: 3825
Other
Other facts
- Listing terms: Contract
Price history
| Date | Event | Price |
|---|---|---|
| 10/17/2025 | Sold | $735,000-5.1%$251/sqft |
Source: MLS PIN #73413500 Report a problem | ||
| 9/14/2025 | Contingent | $774,900$264/sqft |
Source: MLS PIN #73413500 Report a problem | ||
| 8/4/2025 | Listed for sale | $774,900$264/sqft |
Source: MLS PIN #73413500 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $6,033 +3.4% | $596,100 +6.7% |
| 2024 | $5,837 +2.5% | $558,600 +13.5% |
| 2023 | $5,697 +6% | $492,000 +12.5% |
| 2022 | $5,374 +4.7% | $437,300 +10.8% |
| 2021 | $5,132 +11% | $394,500 +13.9% |
| 2020 | $4,623 +3.7% | $346,300 +6.8% |
| 2019 | $4,456 +1.3% | $324,100 +4.1% |
| 2017 | $4,400 +11.3% | $311,200 +16.8% |
| 2016 | $3,955 -0.6% | $266,500 |
| 2015 | $3,979 +23% | $266,500 +19.3% |
| 2014 | $3,236 +3.8% | $223,300 -1.2% |
| 2013 | $3,118 +1.3% | $226,100 -5% |
| 2012 | $3,079 -2.5% | $238,100 -4.3% |
| 2011 | $3,157 -4% | $248,800 -10.6% |
| 2010 | $3,287 +7.5% | $278,300 -1.2% |
| 2009 | $3,059 -2.7% | $281,700 -5.5% |
| 2008 | $3,144 +5.9% | $298,000 -2.7% |
| 2007 | $2,970 +3.4% | $306,200 |
| 2006 | $2,872 -3.2% | $306,200 +2.1% |
| 2005 | $2,967 +13% | $300,000 +38% |
| 2004 | $2,626 -0.8% | $217,400 -3.6% |
| 2003 | $2,647 +8.4% | $225,500 +40.3% |
| 2002 | $2,441 +4.8% | $160,700 +8.2% |
| 2000 | $2,330 +8.7% | $148,500 +12.3% |
| 1997 | $2,143 | $132,200 |
Find assessor info on the county website
Neighborhood: 01826
Nearby schools
GreatSchools rating
- 4/10Joseph A Campbell Elementary SchoolGrades: PK-5Distance: 0.4 mi
- 6/10Justus C. Richardson Middle SchoolGrades: 6-8Distance: 3.8 mi
- 4/10Dracut Senior High SchoolGrades: 9-12Distance: 3.7 mi
Get a cash offer in 3 minutes
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Estimated market value
$741,400
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$741,400
- Massachusetts
- Middlesex County
- Dracut
- 01826
- 512 Merrimack Ave
Nearby cities
Nearby zip codes
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