For sale

$2,250,000

694 Merrimack St, Lowell, MA 01854

14beds

8,664sqft

$13,846/mo

Get pre-qualified

5-9 Family

Built in 1890

-- sqft lot

$-- Zestimate^®

$260/sqft

$-- HOA

What's special

Two retail storefrontsSeven residential units

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.

12 days
181
3

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 14
Bathrooms: 9
Full bathrooms: 7
1/2 bathrooms: 2

Appliances

Laundry: Electric Dryer Hookup, Washer Hookup

Features

Flooring: Tile, Varies, Hardwood
Doors: Insulated Doors
Windows: Insulated Windows, Screens
Basement: Full,Interior Entry
Has fireplace: No

Interior area

Total structure area: 8,664
Total interior livable area: 8,664 sqft
Finished area above ground: 8,664

Property

Parking

Total spaces: 2
Parking features: On Street
Uncovered spaces: 2

Lot

Size: 3,485 Square Feet
Features: Other

Details

Parcel number: M:137 B:4060 L:694,3185092
Zoning: UMU

Construction

Type & style

Home type: MultiFamily
Property subtype: 5-9 Family

Materials

Frame
Foundation: Stone
Roof: Rubber

Condition

Year built: 1890

Utilities & green energy

Electric: Circuit Breakers, 100 Amp Service, Common, Individually Metered
Sewer: Public Sewer
Water: Public
Utilities for property: for Gas Range, for Electric Dryer, Washer Hookup, Varies per Unit

Community & HOA

Community

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

Location

Region: Lowell

Financial & listing details

Price per square foot: $260/sqft
Tax assessed value: $708,300
Annual tax amount: $8,131
Date on market: 8/19/2026
Total actual rent: 0
Road surface type: Paved

Estimated market value

Not available

Estimated sales range

Not available

$1,979/mo

Price history

Date	Event	Price
8/19/2026	Listed for sale	$2,250,000+394.5%$260/sqft
Source: MLS PIN #73565693 Report a problem
4/29/2003	Sold	$455,000+51.7%$53/sqft
Source: Public Record Report a problem
12/4/2001	Sold	$300,000+219.1%$35/sqft
Source: Public Record Report a problem
2/25/1998	Sold	$94,000$11/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$8,131 +16.6%	$708,300 +21%
2024	$6,973 +4.3%	$585,500 +8.7%
2023	$6,688	$538,500 +12.2%
2022	--	$480,000
2021	--	$480,000 +9%
2020	$5,881	$440,200 +4.6%
2019	--	$420,800 +8.3%
2018	--	$388,400 +5.4%
2017	$12,053	$368,400 -0.7%
2016	$12,053	$370,900