Active
38 Days on market
40 North St Lowell — Photo 1 of 37

40 North St Lowell — Photo 1 of 37

Recent Drop: $10,000

$349,000
$339,000

$339,000

Investment Analysis — 40 North St

Lowell, MA 01852 — Chapel Hill

Based on HUD Small Area Fair Market Rent for Lowell, MA HUD Metro FMR Area, a 2-bedroom in 01852 carries an estimated $2,160/mo in gross rent — about a 4.62% cap rate and $15,675/yr in estimated NOI at the $339,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

2

Baths

2

SqFt

1,439

Style

Single Family

Built

1900

Welcome to 40 North Street, a move-in ready home that's hard to find at this price point. Offering 2 bedrooms, 2 full bathrooms, this is an incredible opportunity to own a single-family home with space, privacy, and a yard,at a price that's becoming increasingly difficult to find.Step inside to discover a bright, inviting interior that's been thoughtfully refreshed with today's buyer in mind. The functional layout offers comfortable everyday living with flexible spaces perfect for relaxing, entertaining, or working from home.Outside, the backyard is a true highlight in the city. Mature peach trees and grapevines create a peaceful setting that's perfect for gardening, summer gatherings, or simply enjoying your own private outdoor space. It's a rare feature that gives this home a personality all its own.The full basement with walkout, provides excellent storage with additional potential, while the convenient location puts you just minutes from downtown Lowell, shopping, restaurants, parks, public transportation, and major commuter routes. Whether you're a first-time buyer, looking to downsize, or simply searching for an affordable move-in ready home, 40 North Street delivers exceptional value without sacrificing the benefits of single-family living.

ADU Potential

Massachusetts allows one accessory dwelling unit by right in single-family zoning districts statewide (M.G.L. c. 40A §3; 760 CMR 71.00, effective Feb 2025). Estimated maximum ADU size for this property: 720 sq ft (the lesser of 900 sq ft or half the 1,439 sq ft principal dwelling). Lot size: 1,742 sq ft.

Based on listing data, which indicates the property type — not the zoning district. Local dimensional, septic (Title 5), and historic-district requirements still apply. Not legal advice — verify with the municipality.

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$349,000
Annual Taxes$4,024

Parking

Garage0
Off-Street1

Interior Specifications

Total Rooms6
FireplacesNone
FlooringVinyl, Carpet
BasementFull, Partially Finished, Interior Entry

Climate & Utilities

HeatingSpace Heater, Natural Gas
CoolingNone
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofShingle
FoundationStone
ZoningTTF

Property & Lot

Acres0.04
SqFt Lot1,742
Lot Features--

Amenities & Appliances

Gas Water Heater • Water Heater • Range • Refrigerator

Geography

Property History

Price Drop
$339,000

Was $349,000

Sep 11, 2026

MLS® 73560466

Listed
$349,000

Aug 6, 2026

MLS® 73560466

Listing Provided By

Listing Agent: Davis Mcvay

Listing Office: Keller Williams Realty Evolution

MLS® Number: 73560466