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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.

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Basic Information

  • Lot Features Other
  • Mls StatusNew
  • Parcel Number M:137 B:4060 L:694,3185092
  • Road Frontage DescriptionPaved

Location

  • Address694 Merrimack Street
  • Building Number694
  • CountyMiddlesex
  • NeighborhoodDowntown
  • StateMA
  • StreetMerrimack Street
  • SubdivisionDowntown
  • TownLowell
  • Zip01854

Utilities

  • Electric Circuit Breakers,100 Amp Service, Common, Individually Metered
  • Sewer Public Sewer
  • Water Source Public

Amenities

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

Tax Information

  • Tax Assessed Value $708,300
  • Tax Year 2025
  • Taxes$8,131

Rooms

  • Bathroom9
  • Bathrooms Total Decimal 8
  • Bedrooms14
  • Full Bath7
  • Half Baths2

Property

  • Acreage0.08

Interior

  • Flooring Tile, Varies, Hardwood

Exterior

  • RoofRubber

Property Information

  • Building Area Source Public Records
  • Living Area 8,664
  • Lot Size Square Feet 3,485
  • Lot Size Units Acres
  • Road Responsibility Public Maintained Road
  • Square Feet8,664

Other

  • Date Listed08/19/2026
  • Farm Land Area Units Square Feet

Parking

  • Open Parking YN Yes
  • Parking Features On Street
  • Parking Spaces2

Basic Information

  • List Price$2,250,000
  • MLS Number73565693
  • Modification Date08/19/2026
  • Property SubType5-9 Family

Building

  • BasementFull, Interior Entry
  • Building Area Units Square Feet
  • Construction Materials Frame
  • Door Features Insulated Doors
  • FoundationStone
  • Levels 6
  • Rooms28
  • Stories6
  • Units9
  • Utilities For Gas Range, For Electric Dryer, Washer Hookup, Varies Per Unit
  • Window Features Insulated Windows, Screens
  • Year Built1890
  • Year Built Details Actual, Renovated Since
  • Year Built Source Public Records

Map Location

Listed by The Espinola Group of Keller Williams Realty-Merrimack

The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. (MLSPIN) from third party sources, including sellers, lessors and public records, and were compiled by MLSPIN. The property listing data and information, and the Images, 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. MLSPIN and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.

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