
694 Merrimack Street Lowell — Photo 1 of 42
$2,250,000
694 Merrimack Street, Lowell, MA 01854
Lowell, MA 01854 — Downtown
Beds
14
Baths
8
SqFt
8,664
Style
5-9 Family
Built
1890
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.
Market Value Analysis
* Analysis is based on 24 actively listed and recently sold comparable properties strictly within Lowell, MA.
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Neighborhood
Public Transportation • Shopping • Tennis Court(s) • Walk/Jog Trails • Medical Facility • Laundromat
Geography
Population
30,081
U.S. Census Bureau, ACS 2024 5-Year Estimates (B01003)
Median Household Income
$73K
U.S. Census Bureau, ACS 2024 5-Year Estimates (B19013)
Renter-Occupied Homes
62.2%
U.S. Census Bureau, ACS 2024 5-Year Estimates (B25003)
New Construction Permits — Middlesex County
2,667 housing units permitted in the last 12 months (-2% vs the prior 12 months) — 1,709 in 5+ unit buildings
U.S. Census Bureau, Building Permits Survey (through Jun '26)
Listing Agent: The Espinola Group
Listing Office: Keller Williams Realty-Merrimack
MLS® Number: 73565693
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