41 Alma Street Lowell — Photo 1 of 35
$549,000
Investment Analysis — 41 Alma Street
Lowell, MA 01854
Based on HUD Small Area Fair Market Rent for Lowell, MA HUD Metro FMR Area, a 4-bedroom in 01854 carries an estimated $2,980/mo in gross rent — about a 3.90% cap rate and $21,405/yr in estimated NOI at the $549,000 list price. Adjust every assumption in the calculator below.
Beds
4
Baths
1
SqFt
1,669
Style
Single Family
Built
1950
Very well maintained Cape with lots of natural sunlight. This lovely home offers a spacious backyard - great for get-togethers, pets or just relaxing. There is off street parking for 4 cars in the paved driveway and a nice deck off the back to enjoy grilling! This welcoming home boasts a nice eat in kitchen with all new stainless steel appliances, four comfortable bedrooms of which two are on the first floor for easy one level living and the two bedrooms upstairs have new wall to wall carpeting. There is also a wonderful sunroom plus a bonus room in the basement waiting for your decorating ideas! Come and view today and make this your HOME SWEET HOME.
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: 835 sq ft (the lesser of 900 sq ft or half the 1,669 sq ft principal dwelling). Lot size: 10,019 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 MLS and other third-party data may be inaccurate or out of date.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.
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Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Electric Water Heater • Range • Dishwasher • Refrigerator • Range Hood
Neighborhood
Public Transportation • Public School • University
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl BasementFlooring - Laminate
Kitchen
Lvl FirstFlooring - Laminate
Master Bedroom
Lvl FirstBedroom 2
Lvl FirstBedroom 3
Lvl SecondFlooring - Wall to Wall Carpet
Bedroom 4
Lvl SecondFlooring - Wall to Wall Carpet
Bathroom 1
Lvl FirstFlooring - Vinyl
Listing Agent: Wayne Simmons
Listing Office: Dick Lepine Real Estate,Inc.
MLS® Number: 73566630
