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    10 Church Street

    Merrimac, MA 01860
    • $569,000
    • STATUS: Under Agreement
    • MLS #: 72885410
    Pending
    UPDATED: 77 min ago
    $569,000
    • 0
      BEDS
    • 0.09
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Commercial
    Built:
    1881
    County:
    Area:

    School Ratings & Info

    Listing courtesy of Philip Bowler of Realty One Group Nest.

    Description

    Rare offering of a 6 unit commercial/retail/apartment building in Merrimac Square. Fully rented (all Tenant at Will) this is your chance to buy and start making money with the tenants paying the mortgage. The main floor has two retail spaces, and 1 apartment in the rear. The second floor has one 1 bedroom apartment, and one 2 bedroom apartment. The third floor has cathedral ceilings, and has a 1 bedroom apartment with a second sleeping area or an office. (usually used as a second bedroom) The second and third floor apartments include heat, first floor units all pay their own utilities. This building is in the Village Center (VC) zone, which allows zero lot lines. Keep, convert, lots of possibilities.

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    The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. 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. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. Data last updated 2021-09-27T09:08:22.127.
    www.westcottproperties.com/homes/120758213
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    10 Church Street Merrimac, MA 01860

    • Price: $569,000
    • Status: Under Agreement
    • Updated: 77 min ago
    • MLS #: 72885410
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.09
    Acres
    1881
    Built
    Neighborhood:
    Other
    County:
    Essex
    Area:
    Other
    Property Description
    Rare offering of a 6 unit commercial/retail/apartment building in Merrimac Square. Fully rented (all Tenant at Will) this is your chance to buy and start making money with the tenants paying the mortgage. The main floor has two retail spaces, and 1 apartment in the rear. The second floor has one 1 bedroom apartment, and one 2 bedroom apartment. The third floor has cathedral ceilings, and has a 1 bedroom apartment with a second sleeping area or an office. (usually used as a second bedroom) The second and third floor apartments include heat, first floor units all pay their own utilities. This building is in the Village Center (VC) zone, which allows zero lot lines. Keep, convert, lots of possibilities.
    Exterior Features

    Construction Frame Location Downtown Parking Features No Parking Parking Spaces 0 Roof Material Shingle Stories 3

    Interior Features

    Maf Building Sq Ft 999.00 Ref Building Sq Ft 999.00 Rsf Building Sq Ft 999.00 Sprinklers No Waf Building Sq Ft 999.00

    Property Features

    Assessed Value Building 284600.00 Assessed Value Land 131700.00 Assessed Value Total 416300.00 Commercial Industrial Type Mixed Use Contingency Type Pending P&S Disclosure No Disclosures Low Rents Due To Longevity Of Tenants. No Deeded Parking. Owner May Add Easement Or Right Of Way For Off Street Parking. #810And 18 Church Street Are All For Sale.Commercial Loan/Mortgage Needed. Dividable No Exchange No Gross Annual Expense 46440.00 Gross Annual Income 65800.00 Lease No Lender Owned No Mau Units 0 Net Operating Income 19359.00 Ofu Units 0 On File21 E No Reu Units 2 Rsu Units 4 Short Sale Lender App Required No Space Available For Sale/Lease Special Financing No Sublet No Survey No Tax Year 2021 Taxes 6785.69 Total Units 6 Utilities Public WaterPublic SewerNatural Gas Wau Units 0 Year Built Source Pr Zone Description Legal Conforming Zoning Vc

    Listing information © 2021 MLS Property Information Network. All information is deemed reliable but should be independently verified.
    Listing provided courtesy of Philip Bowler of Realty One Group Nest.


    The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. 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. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. Data last updated 2021-09-27T09:08:22.127.
     
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    Westcott Properties
    178 Broadway
    Providence RI, 02903
    Listing courtesy of Philip Bowler of Realty One Group Nest.