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Updated 2 hours ago

388 East Merrimack Street


388 E Merrimac St Lowell, MA

1 Bed
•
1 Bath

600 Sq. Ft.

Available Now
1 Bed • 1 Bath
$1,800
600 ft2
1 Available
Managed By: Four Points Property Management
Unit 9
$1,800
Available Now
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2 Beds • 1 Bath
$1,875
700 ft2
0 Available
Managed By: Four Points Property Management
388 E Merrimack St - 2
$1,875
Rented
View
Where you'll live
Street View
Map View
Satellite View
Location ratings
Walk Score®
87
Very Walkable
Transit Score®
42
Some Transit
Bike Score®
41
Somewhat Bikeable
Amenities
On-site Laundry
Storage
Disability Access
Refrigerator
Garbage Disposal
Trash Removal Included
Public Transportation
Range / Oven
Microwave
Smoke-free Community
High-speed Internet
Elevator
Fees & leasing info
Pets
Dogs Ok
Cats Ok
Parking
Surface Parking
Garage - Attached
Lease & Fees
Security Deposit: $1,800
Property details
Description

Newly Updated 2 Bedroom in Lowell, Available Now! - Introducing our newly updated 2 bedroom apartment in Lowell, MA! This charming unit is conveniently located on the first floor and features off-street parking for your convenience. The apartment has been recently renovated, boasting a fresh and modern look. Enjoy the ease of laundry on-site, saving you time and hassle. Situated close to downtown, you'll have easy access to shopping, dining, and entertainment options. Don't miss out on this fantastic opportunity - schedule a tour today!
If you meet the listed qualifications below, please contact Carolina Guzman via email at Carolina.m.leasing@gmail.com or by phone, 888-944-5827 x723 for more information or to schedule a showing.
Rent: $1,875.00
Availability: Now!
Bedrooms:2
Bathrooms: 1.0
Utilities: Tenant pays electricity and gas
Floor: 1st
Laundry: In building
Parking: 2 off street
Pets: Cats ok, additional monthly fees apply
First option, Move-in payments: First months $1,875.00 rent, Deposit insurance policy, Broker fee $1,875.00
Total Due at signing: $3,750.00
Second option, Move-in payments: First months $1,875.00, Broker fee $1,875.00, Security deposit $1,875.00
Total Due at signing: $5,625.00
TO QUALIFY!
--All applicants must meet requirements
3X the monthly rent in proven NET income ($5,625.00 a month)
Credit Score of 600 or higher
2 paystubs of each adult applying
Drivers license or Photo ID
NO PRIOR EVICTIONS
**All our minimum standards and requirements must be met in order to rent one of our apartments**
All Four Points Property Management, LLC residents are enrolled in the Resident Benefits Package (RBP) for a one-time payment of $322.99 a year if elected (Early Payment Discount) or may pay monthly for $29.99. This includes renters insurance, credit building to help boost your credit score with timely rent payments, move-in concierge service making utility connection and home service setup a breeze during your move-in, our best-in-class resident rewards program, and much more! More details upon application. A resident may opt out if proof of renters insurance is provided or they may purchase Renters Insurance for only $14.99 a month.
Four Points Property Management partnered with Rentable to simplify the tenant security deposit process. Your security deposit will be held with Rentable's partner bank and all information will be provided in the Rentable Platform. Rentable also offers flexible payment options so you can choose to pay your deposit in full or spread the payment out over 3, 6, or 12 months.
(RLNE7050117)

Additional Details
Total Unit Count: 9
Last Updated: Updated 2 hours ago
Contact Number: (888) 944-5827
Photos Floor Plans Amenities
Affordability
To comfortably afford an apartment, we recommend having at least three times your monthy rent in gross household income.
View suggested annual incomes for 388 East Merrimack Street by bedroom type below.
1 Bedroom
Suggested income:
$64,800
per year
Rent report

388 East Merrimack Street Rent vs. Lowell Average

 388 East Merrimack Street      Lowell Average
1BR
$1,800
$1,938
$0
$650
$1,300
$1,950
$2,600

388 East Merrimack Street is asking 7% less than the average 1 bedroom apartment in Lowell.

If you upsized to an average priced Lowell 2 bedroom apartment, you would pay 14% more per month.

If you downsized to an average priced Lowell studio apartment, you would pay 26% less per month.

388 East Merrimack Street provides 0% more square footage than the average Lowell 1 bedroom apartment.

Monthly Rent Rent per Sq. Ft. Suggested
Monthly Income
388 East Merrimack Street
1BR $1,800 $3.00 $5,400
Lowell Average
Studio $1,538 $3.20 $4,614
1BR $1,938 $3.20 $5,814
2BR $2,266 $2.60 $6,797
3BR $2,600 $2.60 $7,800

Availability in Lowell

In order to find the best deal, you need to know what types of units are available. Property managers may be willing to give concessions if they have many vacant units.

There are currently 58 1BR units on the market in Lowell. If you're looking to negotiate, this may be your best option.

Studio
1BR
2BR
3BR
4BR
12% 45% 38% 5% 2%
Available Units in Lowell
Studio 15
1BR 58
2BR 49
3BR 6
4BR 2
Location
Nearby Colleges
Campus Buildings and Attractions
Distance Walking Biking Driving
University Crossing 1.5 mi 30 min 8 min 2 min
Francis College of Engineering 1.7 mi 34 min 10 min 3 min
Lydon Library 1.8 mi 36 min 10 min 3 min
Cushing Field Complex 1.9 mi 36 min 12 min 3 min
Costello Athletic Center 2.0 mi 39 min 11 min 3 min
Nearby Hospitals
Name Distance
Lowell Ge NER Al Hosp Saints Medical Center 0.19 mi.
Lowell Ge NER Al Hospital 2.27 mi.
Encompass Health Reh At Lowell 3.52 mi.
Nearby Fire Stations
Name Distance
City Of Lowell Fire Department 0.87 mi.
Dracut Fire Department 1.75 mi.
Dracut Fire Department 2.61 mi.
FAQs
Is this property currently leasing units?
Yes, there is 1 unit available at this property.
How many units are move-in ready in the next 2 months?
This property has 1 unit available for move-in now.
What's the square footage of the available units?
It's 600 square feet.
Does this property allow cats or dogs?
This property allows tenants to keep cats and dogs.
How many bedrooms are in the available units?
There are 1 bedroom units available.
How many bathrooms are in the available units?
There are 1 bathroom units available.
What's the monthly rent at this property?
388 East Merrimack Street has a 1 bedroom unit starting at $1,800.
Where is this property located?
This property is at 388 E Merrimac St in Lowell, MA. It's 1.2 miles northeast from the center of Lowell.
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