CCertihomes
16 Merrimack St #2D, Lowell, MA 01852

$213,900

1 beds 1 baths 606 sqft Built 198747 days on marketActive

About this home

Come to enjoy the vibrant Lowell downtown living - converted in 1987, this condo unit features truly open-concept living with a breathtaking floor-2-ceiling windows. The kitchen was updated with marble countertop and SS appliances. Same level Coin-operated laundry. Walking distance to restaurants, coffee shops, art museums, Lowell Auditorium, Tsongas Arena, City Hall. Even better, as downtown resident, we can have a parking steps away in John-St City parking garage for only $78 per month. Easy access to routes 495/3/93. The current tenant is paying $1, 700 per month and their utilities. CASH purchase only. The seller might consider owner financing for qualified buyer.

Affordability — calculate your monthly payment

Adjust your budget to see what's left after housing, utilities and transportation. Numbers below assume a 5% down, 30YrFixed at 7.2% APR.

Your estimated payment
$2,388/mo

Real estate (PITI + HOA + PMI)
$2,303
Principal + interest$1,379
Property tax + insurance$604
HOA$240
PMI / 2nd mortgage$80
Utilities
$394
Heating + cooling$60
Internet + TV + phone$158
Water + sewer + garbage$58
Transportation
$129
Car insurance + maintenance$129
Other (entertainment)
$158
$2,388/mo TLC
Budget$5,000/mo
Remaining after TLC$2,612/mo
Purchase price
$213,900
Down payment
$10,695 (5%)
Loan amount
$203,205
APR
7.2%

Quick facts

Type
Condominium
Style
Year built
1987
Lot size
Stories
1
Heating
Electric Baseboard, Electric
Cooling
Window Unit(s)
Water
Public
HOA
$240 / Monthly
Annual tax
$1,772
MLS #
73199562
County
Middlesex

At a glance

Basement
Dishwasher

Home features

Appliances
DishwasherMicrowaveRangeRefrigerator
Community
Public TransportationShoppingMedical FacilityLaundromatHighway AccessPrivate SchoolPublic SchoolUniversity
Parking
RentedCommon
Kitchen
Flooring - LaminateCountertops - Stone/Granite/Solid
Security
Intercom
Flooring
Vinyl, Carpet, Hardwood
Roof
Rubber
Sewer
Public Sewer

Neighborhood — 01852

MetricThis ZIPCountyUSA
Population39,8986,444,931299,088,112
Population Change Since1990-2.00%7.00%20.00%
Population Density7,345786
Male19,6913,127,134147,432,321
Female20,2063,317,797151,655,844
Never Married10,7661,612,88563,775,926
Married13,1262,586,314123,120,365
Separated1,968247,85712,639,686
Widowed2,368363,59415,467,586
Divorced3,049436,88823,075,029
Number Of House Hold15,4092,431,591111,826,380
Average House Hold Size2.552.562.60
Medial Age34.5437.2535.46
Median House Hold Income$41,775$57,698$48,276
Average House Hold Income$53,403$75,023$63,629
P C I$21,131$29,196$24,529
M D I$36,341$48,105$41,133
A T H E$45,428$57,083$50,898
S T R5.00%5.00%
W C J80.99%81.38%77.74%
(Zip) Code
1852

Data via Certihomes neighborhood index. Comparisons across this ZIP, county and the United States.

Map & walkability

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MLSPIN

Listing information last refreshed 2/5/2024. Provided courtesy of the listing office via MLSPIN. Information deemed reliable but not guaranteed.