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.
For sale
$774,900
512 Merrimack Ave, Dracut, MA 01826
5beds
2,933sqft
Est.:
3 Family
Built in 1945
-- sqft lot
$775,700 Zestimate®
$264/sqft
$-- HOA
What's special
- 3 days
- on Zillow |
- 342 |
- 11 |
Likely to sell faster than
Zillow last checked: 7 hours ago
Listing updated: 23 hours ago
Listed by:
Christopher Pascoe,
RE/MAX Synergy
Source: MLS PIN,MLS#: 73413500
Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Open houses
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Baseboard
Cooling
- Window Unit(s)
Appliances
- Laundry: Washer & Dryer Hookup, Washer Hookup
Features
- Ceiling Fan(s), Living Room, Kitchen
- Flooring: Carpet, Laminate
- Basement: Full,Bulkhead,Dirt Floor,Concrete,Unfinished
- Has fireplace: No
Interior area
- Total structure area: 2,933
- Total interior livable area: 2,933 sqft
- Finished area above ground: 2,933
Property
Parking
- Total spaces: 8
- Parking features: Off Street
Features
- Patio & porch: Porch
Lot
- Size: 8,167 Square Feet
- Features: Corner Lot
Details
- Parcel number: 3516655
- Zoning: B-3
Construction
Type & style
- Home type: MultiFamily
- Property subtype: 3 Family
Materials
- Frame, Stone
- Foundation: Stone
- Roof: Shingle
Condition
- Year built: 1945
Utilities & green energy
- Electric: Circuit Breakers, 100 Amp Service, Individually Metered
- Sewer: Public Sewer
- Water: Public
- Utilities for property: for Gas Range, for Electric Range, Washer Hookup, Varies per Unit
Community & HOA
Location
- Region: Dracut
Financial & listing details
- Price per square foot: $264/sqft
- Tax assessed value: $558,600
- Annual tax amount: $5,954
- Date on market: 8/4/2025
- Listing terms: Contract
- Total actual rent: 3825
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