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16 Merrimack St APT 4A, Lowell, MA, 01852

1beds
1baths
752sqft
$305,000
$406price/sqft
$2,269/moest. monthly cost
$90,760/yrincome needed

About This Home

INVESTORS! Enjoy vibrant downtown living in this well-designed Lowell condo. This unit features true open-concept layout with striking floor-to-ceiling windows that fill the space with natural light. The kitchen with café style counter pass thru has been updated with granite countertops and stainless steel appliances. Recent improvements include updated electric baseboards and a newer electric hot water heater. The bedroom is generously sized with two closets, high ceilings, and oversized windows. Bathroom has also been recently renovated. Coin-operated laundry available in the building. Located within close distance to restaurants, coffee shops, museums, Lowell Auditorium, Tsongas Arena, and City Hall. Downtown residents may rent parking at nearby municipal garages, including one just around the corner at 75 John Street. Easy access to Routes 495, 3, and 93. CASH purchase only.

Getting Around

98
WalkingWalker's Paradise
63
TransitGood Transit
51
BikeBikeable

Schools

5/10
Rogers STEM AcademyGrades K-80.6 mi
4/10
Lowell High SchoolGrades 9-120.3 mi

Construction

Condition

  • Year built: 1987

Materials

  • Roof: Rubber

Type & Style

  • Home type: Condo
  • Property subType: Condominium

Interior

Appliances

  • Appliances included: Range,Dishwasher,Microwave,Refrigerator,Freezer
  • Laundry features: Common Area,In Building

Bathroom1

  • Features: Bathroom - Full, Bathroom - Tiled With Tub & Shower, Flooring - Stone/Ceramic Tile, Recessed Lighting, Lighting - Overhead
  • Level: First

Bedrooms & Bathrooms

  • Bedrooms: 1
  • Bathrooms: 1
  • Full bathrooms: 1

Features

  • Flooring: Hardwood
  • Finished area above ground: 752

Heating & Cooling

  • Heating features: Electric Baseboard
  • Cooling features: None

Interior Area

  • Total structure area: 752
  • Total interior livable area: 752 sqft

Kitchen

  • Features: Flooring - Hardwood, Countertops - Stone/Granite/Solid, Recessed Lighting, Stainless Steel Appliances, Lighting - Overhead
  • Level: First

Living Room

  • Features: Flooring - Hardwood, Open Floorplan, Lighting - Pendant, Lighting - Overhead
  • Level: First

Master Bedroom

  • Features: Ceiling Fan(s), Closet - Double
  • Level: First

Property

Details

  • Parcel number: M:178 B:4060 L:16 U:4A,3969099
  • Attached to another structure: Yes
  • Zoning: DMU
  • Other equipment: Intercom

Features

  • Entry location: Unit Placement(Upper)

Parking

  • Parking features: Rented,Common
  • Has uncovered spaces: Yes

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Inland Flooding
    Inland FloodingModerate
  • Ice Storm
    Ice StormModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Inland Flooding
Ice Storm
Tsunami

FEMA Declared Disasters Across Massachusetts Counties

Hurricane

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $1,542$18,504
Home Insurance *$91$1,092
Property Taxes $282$3,384
Electricity $354$4,259
Total$2,269$27,228
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$77,794/yr
40% on housing$68,070/yr
45% on housing$60,506/yr

Massachusetts FAIR Plan Programs

Massachusetts Property Insurance Underwriting Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 213,928Commercial: 230
Total Premiums$400.85M
Total Exposure$115.57B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 7.6%
7.6%
0%30.0%
Electricity Growth Rate10-year average: 7.9%
7.9%
0%15.0%
Property Taxes Growth Rate2-year average: 0.5%
0.5%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$406This listing

vs Other Active Listings

Avg $/sqft

ZIP 01852$253
Middlesex County$437

vs Homes Sold Last Month

Median $/sqft

ZIP 01852$330
Middlesex County$413

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-03-24Listed for sale$320,000
2025-08-07Sold$220,000
2023-03-29Sold$175,000
2023-03-08Listed for sale$175,000
2018-06-23Listing removed$1,500
2018-04-23Listed for rent$1,500
2018-04-17Sold$140,000
2018-03-04Listed for sale$149,900
2005-09-30Sold$149,900
2004-11-15Sold$150,000

For Sale by Agent

AgentMei Zhou
BrokerageColdwell Banker Realty - Andovers/Readings Regional

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