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512 Merrimack Ave

Dracut, MA 01826
$735,000
5 Beds
3 Baths
2,933 Living Area
  • Property Description
    RARE MULTIFAMILY INVESTMENT OPPORTUNITY IN DRACUT - VALUE & CASHFLOW POTENTIAL Don't miss this opportunity to own this 3-unit multifamily, perfect for both investors and owner occupants. This versatile asset features two spacious 2-bedroom, 1 bathroom units along with a well maintained 1-bedroom, 1-bathroom unit. Regardless if you are looking to live in one unit and rent out the others, or, fully lease all three, this property offers tremendous upside. Whether you're expanding your portfolio or just getting started in multifamily investing, this property presents a rare chance to secure a cash flowing asset with long-term growth potential. First showings will take place at the open houses being hosted on Saturday and Sunday 8/9 and 8/10 from 11am to 1pm both days.
  • Highlights
    • Cooling: Window Unit(s)
    • Levels: 4
    • Property Class: Residential Income
    • Stories: 4
    • Year Built: 1945
    • Heating: Baseboard
    • Parking Spots: 8
    • Property Type: 3 Family
    • Total Rooms: 11
    • Status: Closed
  • Additional Details
    • Appliances: Range, Refrigerator, Dishwasher, Washer, Dryer
    • Construction: Frame, Stone
    • Foundation: Stone
    • Lot Features: Corner Lot
    • Roof: Shingle
    • Total Number of Units: 3
    • Year Built Source: Public Records
    • Basement: Full, Bulkhead, Dirt Floor, Concrete, Unfinished
    • Flooring: Carpet, Laminate
    • Interior Features: Ceiling Fan(s), Living Room, Kitchen
    • Road Frontage Type: Public
    • SqFt Source: Public Record
    • Year Built Details: Actual
    • Zoning: B-3
  • Amenities
    • Parking Features: Off Street
  • Utilities
    • Electric: Circuit Breakers, 100 Amp Service, Individually Metered
    • Water Source: Public
    • Sewer: Public Sewer
  • Fees / Taxes
    • Assessed Value: $558,600
    • Tax Year: 2024
    • Total Rent: $3,825
    • Rental Fee Includes: Unit 1(Gas, Water, Other (See Remarks)), Unit 2(Gas, Water, Other (See Remarks)), Unit 3(Gas, Water)
    • Taxes: $5,954

Location

512 Merrimack Ave, Dracut, MA 01826

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Content © 2026 MLS Property Information Network, Inc. The information in this listing was gathered from third party resources including the seller and public records. Listing information provided courtesy of Dell Realty Inc.. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.
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