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$825,000

Active

7-17 School St

Merrimac, MA, 01860

Commercial · MLS #73481593

Days on market

New today

Lot size

0.15 ac

0.15 acres

Lot

About this home

Fully rented (Long term tenants at will) in both the commercial and residential spaces. This mixed use property is in the busy village center of Merrimac Massachusetts. There are 3 residential apartments. Merrimac has long had a strong demand for rentals. Additionally there are 3 street level commercial spaces. Each unit is separately metered for utilities. This mixed use building is located 1 mile to Hwy 495, with access to points north and south. Parking is along street and in an adjacent lot. Merrimac (Pentucket School District) recently built a new state of the art High School. Zoned VC, the property has the fewest restrictions regarding potential usages.

Location

7-17 School St, Merrimac, MA, 01860

Property details

Parking
Common

Listed by David Luoma · Gibson Sotheby's International Realty

Schedule a showing

7-17 School St

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Estimated payment

$5,340 / month

Down payment20% · $165,000
Interest rate6.50%

Loan term

Principal & interest
$4,172
Property tax
$825
Home insurance
$344

Estimate only. Actual payment may vary based on credit, taxes, HOA, and insurance. Tax estimate uses 1.2% of price (MA average).

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