45-47 Dracut Street Lowell — Photo 1 of 5
$890,000
Investment Analysis — 45-47 Dracut Street
Lowell, MA 01854
Based on HUD Small Area Fair Market Rent for Lowell, MA HUD Metro FMR Area, a 2-unit multi-family in 01854 carries an estimated $5,400/mo in gross rent — about a 4.78% cap rate and $42,510/yr in estimated NOI at the $890,000 list price. Adjust every assumption in the calculator below.
Beds
6
Baths
2
SqFt
2,490
Style
2 Family - 2 Units Up/Down
Built
1920
Take a look at this wonderful opportunity for first time Buyers, the savvy Investor or Owner occupant looking to collect rent to help with their mortgage! Each unit in this fantastic two family has 6 rooms, 3 bedrooms, 1 full bath and a lovely porch to sit out and relax. Each kitchen is equipped with a stove, refrigerator and dishwasher. Each unit also has their own washer and dryer to make laundry day more practical. The outdoor area is spacious and is great for get togethers with family and friends, pets or just to sit out and enjoy for yourself. You will also have convenient off street parking in the paved driveway. This two family home has so much potential - make your appointment today! Public records has the address as 41, 45 and 49 Dracut Street, possibility of lot development (Buyer/Buyer's Agent to do their own due diligence).
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 MLS and other third-party data may be inaccurate or out of date.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.
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Range • Dishwasher • Refrigerator • Washer • Dryer
Neighborhood
Public Transportation • Medical Facility • University
Geography
Listing Agent: Wayne Simmons
Listing Office: Dick Lepine Real Estate,Inc.
MLS® Number: 73567273
