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185 193 Smith St

Lowell, MA 01851

36 beds
9 baths
11,685 sqft
7,404 sqft lot
$201 per sqft
1900 build
– on site

Exceptional investment opportunity! Cap Rate 7.56%. A total of 9 units across three well-maintained buildings, comprising nine 4-bedroom units. The package deal includes a triplex at 185-187 Smith St with major renovations completed in 2018, another triplex at 189-191 Smith St, a third triplex at 193-195 Smith St. All properties are individually listed on MLS. 185 Smith and 195 Smith buildings are on registered land. Features include long-term tenants, units furnished with stoves and refrigerators, and individual laundry rooms in the buildings at 185, 189, and 193 Smith St. with ample on-street parking. These properties boast long-standing tenants and are expected to sell quickly.

Listing courtesy of MLSPIN / Paul Brouillette / LAER Realty Partners

Last checked: Checking… • Last updated Nov 20, 2024 •

MLS# 73311077 —

The Building

Year Built:

1900
Year Built Details:

Approximate
Year Built Source:

Public Records
Basement:

Full
Foundation Details:

Stone
Patio And Porch Features:

Porch
Stories Total:

9
# of Units Total:

9
Building Area Total:

11685
Building Area Units:

Square Feet
Building Area Source:

Owner

Interior

Rooms Total:

54
Interior Features:

Living Room
Fireplace:

false

Room Dimensions

Living Area:

11685

Location

Directions:

Rte. 110/Chelmsford St to Liberty St to Left on Smith St
Latitude:

42.632384
Longitude:

-71.323171

The Property

Parcel Number:

M:123 B:5400 L:193
Property Type:

Residential Income
Property Subtype:

5-9 Family
Lot Size Units:

Acres
Lot Size Area:

0.17
Lot Size SqFt:

7404
Lot Size Acres:

0.17
Zoning:

TMF
Exclusions:

All Washers And Dryers Are Tenant Owned. 1 Fridge In 193 Smith 1st Fl Is Tenant Owned.
Waterfront:

false
Farm Land Area Units:

Square Feet
Road Frontage Type:

Public

Listing Agent

Contact info:

Taxes

Tax Year:

2024
Tax Book Number:

6287
Tax Annual Amount:

23657
Tax Assessed Value:

590400

Beds

Bedrooms Total:

36

Baths

Total Baths:

9
Total Baths:

9
Full Baths:

9

The Listing

Home Warranty:

false

Utilities

Sewer:

Public Sewer
Water Source:

Public

Appliances

Appliances:

Range

Schools

Elementary School:

Abraham Lincoln
Middle Or Junior School:

James S. Daley
High School:

Lowell High

The Community

Senior Community:

false
Spa:

false

Parking

Garage:

false
Parking Features:

Paved Drive
Open Parking:

true

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Transit Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price	% Change
11/20/24 Nov 20, 2024	Price Changed	MLSPIN	$2,355,000	-31.7%
11/10/24 Nov 10, 2024	Listed / Active	MLSPIN	$3,450,000

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This multifamily located in Highlands, Lowell, MA 01851 is currently for sale for $2,355,000. 185 193 Smith St is a 11,685 square foot multifamily with 36 beds and 9 baths that has been on Estately for 11 days. 185 193 Smith St is in the Highlands neighborhood of Lowell and has a WalkScore® of 86, making it very walkable. This multifamily is in the attendance area of Charles W Morey Elementary School, Bartlett Community Partnership, James S. Daley Middle School, Moody Elementary School, Charlotte M. Murkland Elementary School, Dr An Wang Middle School, Dr Gertrude Bailey Elementary School, Joseph A. Mcavinnue Elementary School, Pawtucketville Memorial Elementary School, and Kathryn P. Stoklosa Middle School.

Listing Courtesy of: MLSPIN and LAER Realty Partners.

The property listing data and information 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 MLS Property Information Network, Inc. The property listing data and information 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. MLS Property Information Network, Inc., Estately and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. Users may not reproduce or redistribute the data found on this site. The data is for viewing purposes only. All information provided is deemed reliable but is not guaranteed by Estately or MLSPIN and should be independently verified.