47 Florence Ave Lowell — Photo 1 of 26
$619,000
Investment Analysis — 47 Florence Ave
Lowell, MA 01851
Based on rent reported on the MLS listing, a 2-unit multi-family in 01851 carries $1,700/mo in gross rent — about a 1.18% cap rate and $7,290/yr in estimated NOI at the $619,000 list price. Adjust every assumption in the calculator below.
Beds
6
Baths
2
SqFt
3,688
Style
2 Family - 2 Units Up/Down
Built
1900
Classic Lowell two-family opportunity at 47 Florence Ave, offering approximately 3,688 sq ft of living space, 6 bedrooms, 2 full baths and 12 total rooms. Built in 1900, this two-story property features wood siding/shingle exterior, a gable roof, stone foundation and steam heat. Set on a 4,356 sq ft lot, the property provides a traditional layout with generous room count and strong potential for owner-occupants or investors. Conveniently located in Lowell’s Highlands neighborhood, with nearby schools, local amenities, transportation and easy access to surrounding areas. A great opportunity to bring your vision and updates to a spacious multi-family home nearby.:::
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 MLS and other third-party data may be inaccurate or out of date.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
Geography
Listing Agent: Adam Devine
Listing Office: Dorrance Realty LLC
MLS® Number: 73570256
