Active
76 Days on market
548 Merrimack Ave Dracut — Photo 1 of 13

548 Merrimack Ave Dracut — Photo 1 of 13

$1,250,000

Investment Analysis — 548 Merrimack Ave

Dracut, MA 01826 — Kenwood

Based on rent reported on the MLS listing, a home in 01826 carries $6,050/mo in gross rent — about a 3.98% cap rate and $49,782/yr in estimated NOI at the $1,250,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

--

Baths

3

SqFt

4,500

Style

Other

Built

1984

Three unit commercial building zoned B-3 on a highly traveled roadway on Route 110 with 120 feet of road frontage for great visibility and a large business sign for three separate spots for great exposure fo your business. All units have rear overhead doors for easy access. Three phase 400 hundred amp electric service to building, front office entry area from street front, two gas fired roof top HVAC unit, one interior wall mounted gas fired heater in trade shop unit. Three exterior storage units for additional on site storage needs for your business. Buyer and or buyer agents to perform and use due diligence if their intended use is different than current uses of the subject property. Great opportunity for business owner occupant to control their location and not pay rent and invest in their future expansion down the road. Units are tenants at will.

Estimates — not financial advice

These figures are illustrative estimates for informational purposes only — not an appraisal, valuation, or guarantee of rent, income, or returns, and not financial, tax, or investment advice. Rent is either the figure reported on the MLS listing — in-place rent that may differ from market and is not verified against the actual leases — or, where the listing reports none, an estimate from HUD Small Area Fair Market Rents, a government benchmark that may differ from actual market rent. Each figure is labelled with its source. Cap rate, NOI, and returns depend on the assumptions shown, which you can change. MLS and other third-party data may be inaccurate or out of date. Verify all figures independently and consult your own financial, tax, and legal advisors before making any investment decision.

Property Details

Financials

Original Price$1,250,000
Annual Taxes$5,394

Parking

Garage0
Off-Street0

Interior Specifications

Total Rooms--
FireplacesNone
Flooring--
BasementNone

Climate & Utilities

Heating--
Cooling--
Water--
Sewer--

Building & Exterior

Construction--
RoofRubber
Foundation--
ZoningB3

Property & Lot

Acres0.54
SqFt Lot23,319
Lot Features--

Geography

Listing Provided By

Listing Agent: Robert Roy

Listing Office: Roy Associates LLC

MLS® Number: 73543235