Merrimack Place

Details

Amazing investment opportunity in Methuen with an outstanding 7.4% cap rate! Great location with easy access to major highways (Rt 213 Connector, Rt 93, Rt 495) and only 1.25 from The Loop, this property is located in a high traffic area and is currently 88% occupied. There are 17 units, many of which are long term tenants. Recent upgrades include 40% of roof replaced, 4 new HVAC units, and elevator. Dry sprinkler system has been regularly maintained and inspected. Income/expense figures, as well as rent roll, will be provided to serious buyers only upon signed NDA. Please call team member below for additional info and showings. Easy to show!
$1,990,000
22,500 Sq/ft
Lot 2.37 Acres
100 Parking Spots
Built in 1987
MLS: 72715248

Images

Contact

Feel free to contact us for more details!

Jason Ryan

Jason Ryan

(781) 771-0892

jason.ryan@kw.com