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2 Days on market
17 Coral St Lowell — Photo 1 of 26

17 Coral St Lowell — Photo 1 of 26

$639,900

Investment Analysis — 17 Coral St

Lowell, MA 01851 — Highlands

Based on HUD Small Area Fair Market Rent for Lowell, MA HUD Metro FMR Area, a 2-unit multi-family in 01851 carries an estimated $5,440/mo in gross rent — about a 6.61% cap rate and $42,321/yr in estimated NOI at the $639,900 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

6

Baths

2

SqFt

2,560

Style

2 Family - 2 Units Up/Down

Built

1880

Looking for space, character and rental income? Check out this spacious 2-family in the desirable, convenient Highlands neighborhood. This home has been in the same family for over 70 years! Both units will be delivered vacant, making this perfect for owner occupant or a savvy investor. Gas & electric separately metered. Brand new roof! Easy access to commuter routes I-495, Lowell Connector/Rte. 3, downtown Lowell, shopping and restaurants. Lowell was recently ranked best place to live in Massachusetts by Livability, for its rich culture, industrial history and modern amenities. Come see all that Lowell has to offer, while earning passive income with this 2-unit property! Showings begin at the open house Saturday 9/12 and Sunday 9/13 from 12:00-2:00.

Estimates — not financial advice

These figures are illustrative estimates for informational purposes only — not an appraisal, valuation, or guarantee of rent, income, or returns, and not financial, tax, or investment advice. Rent is either the figure reported on the MLS listing — in-place rent that may differ from market and is not verified against the actual leases — or, where the listing reports none, an estimate from HUD Small Area Fair Market Rents, a government benchmark that may differ from actual market rent. Each figure is labelled with its source. Cap rate, NOI, and returns depend on the assumptions shown, which you can change. MLS and other third-party data may be inaccurate or out of date. Verify all figures independently and consult your own financial, tax, and legal advisors before making any investment decision.

Open Houses

Property Details

Financials

Original Price$639,900
Annual Taxes$7,292

Parking

Garage0
Off-Street4

Interior Specifications

Total Rooms11
FireplacesNone
Flooring--
BasementNone

Climate & Utilities

Heating--
Cooling--
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofShingle
FoundationStone
ZoningTTF

Property & Lot

Acres0.12
SqFt Lot5,227
Lot FeaturesLevel

Amenities & Appliances

Range • Refrigerator

Neighborhood

Public Transportation • Shopping • Medical Facility • Highway Access

Geography

Listing Provided By

Listing Agent: Sandra Buker

Listing Office: Keller Williams Realty-Merrimack

MLS® Number: 73575218