Active
2 Days on market
45 Varney St Lowell — Photo 1 of 39

45 Varney St Lowell — Photo 1 of 39

$699,900

Investment Analysis — 45 Varney St

Lowell, MA 01854

Based on rent reported on the MLS listing, a 3-unit multi-family in 01854 carries $4,150/mo in gross rent — about a 4.58% cap rate and $32,084/yr in estimated NOI at the $699,900 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

4

Baths

3

SqFt

2,064

Style

3 Family

Built

1870

45 Varney St is a charming Italianate 3 unit property with off-street parking and a low-maintenance fenced yard. The beautiful curved front staircase, pretty bow windows, and intricate woodwork are nods to the grand, historic architecture of days gone by. Unit 1 encompasses the entire first floor and features high ceilings, hardwood floors, and a flexible 2-3 bedroom layout. There is a living room, formal dining room, bedroom, eat-in kitchen, and another bedroom that is used as a laundry room by current occupant. Upstairs are 2 smaller (but equally charming!) units, each with 1 bedroom, a living room, kitchen, and a full bath. Unit 3 has a walk-up attic for storage. Separate utilities; newer roof and back retaining wall, extensive plumbing updates; DELEADED! This a great, manageable multi-family property for your portfolio.

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 MLS and other third-party data may be inaccurate or out of date.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

Original Price$699,900
Annual Taxes$5,764

Parking

Garage0
Off-Street2

Interior Specifications

Total Rooms11
FireplacesNone
FlooringWood, Tile, Hardwood
BasementFull, Unfinished

Climate & Utilities

HeatingSteam, Natural Gas
Cooling--
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofShingle
FoundationStone
ZoningTMF

Property & Lot

Acres0.08
SqFt Lot3,485
Lot Features--

Amenities & Appliances

Range • Refrigerator • Dishwasher

Neighborhood

Public Transportation • Shopping • Pool • Park • Medical Facility • Laundromat

Geography

Listing Provided By

Listing Agent: Katy Barry

Listing Office: Coldwell Banker Realty - Lowell

MLS® Number: 73575140