694 Merrimack Street, Lowell MA 01854

Lowell, MA 01854 • Downtown
$2,250,000
Est. $12,255/month
0.08
Acres
1890
Year Built
14 hours 23 minutes
Time on Market
For Sale Listed Aug 19, 2026 • MLS# 73565700 Copied! • Updated Aug 19, 2026

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About this home

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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Recently Sold Nearby

Property History

Property Timeline

🏠
Listed for Sale
Aug 19, 2026
$2,250,000
Original listing
Agent: The Espinola Group Office: Keller Williams Realty-Merrimack

Tax History

Year Taxes Assessment
2025 $8,131

Financial Details

Annual Property Tax
$8,131
Tax Year 2025

Facts & Features

Home Facts

Type Commercial Sale
Year Built 1890
Lot Size 0.08 acres
Heating None
Cooling None
Flooring None
Appliances None
Fireplace None
Basement None
Laundry None
Features None
Construction None
Architecture None
Roof Rubber
Features None
Pool None
Spa None
Fencing None
Patio/Porch None
Features None

Utilities

Electric None
Water None
Sewer None
Gas None
Other Public Water, Public Sewer

Financial

Annual Tax $8,131
Fee Includes None
Amenities None
Optional Fee Includes None
Seller Disclosures Seller Is A Licensed Re Agent. Subject To 1031 Exchange. Property Has Audio & Visual Recording Devices. Fully Occupied- Do Not Trespass.
Possession None
Accepted Financing None
Structure Type []
Documents None
County Middlesex

Property Overview

Listing Type
For Sale
Year Built
1890

Floor Layout

Interior Features

Flooring:
Appliances:
Interior Features:
Windows:
Basement:
Laundry:
Security:

Construction & Materials

Year Built: 1890
Structure Type:
Exterior Materials:
Roof: Rubber
Foundation:

Heating, Cooling & Utilities

Heating:
Cooling:
Hot Water:
Water Source:
Sewer:
Energy Features:

Exterior & Lot

Exterior Features:
Patio & Porch:
Fencing:
Other Structures:
Lot Features:
Road Surface:

Parking & Garage

Parking Features:

Nearby Schools

School information not available for this location.

Monthly Payment Calculator

Monthly Payment
$0
Principal, interest, taxes & insurance
Loan Amount
$0
After down payment
Total Interest
$0
Over life of loan
Total Cost
$0
Including down payment
%
Down: $0
%

Monthly Payment Breakdown

Principal & Interest $0
Property Tax $678
Homeowners Insurance $200
PMI (if <20% down) $0

Loan Summary

Total of 360 payments $0
Total principal paid $0
Total interest paid $0

Rate Impact

-0.5% Rate
$0/mo
Save $0/mo
Current Rate
$0/mo
+0.5% Rate
$0/mo
Cost $0/mo

Payment Over Time

Interest
Principal
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
* Estimates only. Actual payments may vary. Consult with a lender for accurate figures.

Location

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Neighborhood

Downtown

694 Merrimack Street, Lowell MA 01854

Lowell, MA 01854

Listing Information

Listing Agent The Espinola Group
Listing Office Keller Williams Realty-Merrimack
Office Phone 978-692-3280
Agent MLS ID TM363470
Office MLS ID G95166
Listing Data Updated Aug 19, 2026 2:37 PM EDT
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

Contact Us

Steve Novak Real Estate
Steve Novak Real Estate
Ask about this property — free, no obligation.

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