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5 Wright Street #B Lowell — Photo 1 of 25

5 Wright Street #B Lowell — Photo 1 of 25

$487,000

Investment Analysis — 5 Wright Street #B

Lowell, MA 01854

Based on HUD Small Area Fair Market Rent for Lowell, MA HUD Metro FMR Area, a 3-bedroom in 01854 carries an estimated $2,700/mo in gross rent — about a 3.99% cap rate and $19,448/yr in estimated NOI at the $487,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

3

Baths

1.5

SqFt

1,747

Style

Single Family

Built

2005

Beautifully maintained 3 bedroom, 1.5 bath DETACHED CONDO offering the privacy and feel of a single-family home—with no common walls and no condo fee. The open-concept main level features glistening hardwood floors and a grand living room with striking fireplace and cathedral-style ceilings, creating a warm and inviting living space. A modern kitchen with maple-color cabinetry and separate eating area flows seamlessly into a gorgeous dining area with lots of light, perfect for everyday living and entertaining.The second level offers three generously sized bedrooms, each with ample closet space, and a full bathroom. The newly finished basement provides additional flexible space suitable for a home office, gym, playroom or recreation area. Recent updates include new furnace, new central A/C, new dishwasher, interior paint and stair carpeting (2026); finished space in basement (2025); and boiler (2019). Convenient Pawtucketville location directly across from Father Maguire Park and a short walk to Lowell General Hospital, UMass Lowell, and a variety of local shops and restaurants. A unique opportunity to enjoy the space and privacy of a detached home with the convenience of CONDO OWNERSHIP. Don’t miss this exceptional offering!

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: 874 sq ft (the lesser of 900 sq ft or half the 1,747 sq ft principal dwelling).

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$487,000
Annual Taxes$5,176

Parking

Garage0
Off-Street2

Interior Specifications

Total Rooms7
Fireplaces1
FlooringTile, Carpet, Hardwood, Wood Laminate, Laminate
BasementNone

Climate & Utilities

HeatingForced Air
CoolingCentral Air
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofShingle
FoundationConcrete Perimeter
ZoningTTF

Property & Lot

Acres--
SqFt Lot--
Lot FeaturesCorner Lot

Amenities & Appliances

Range • Dishwasher • Microwave • Refrigerator • Washer/Dryer

Neighborhood

Public Transportation • Shopping • Park • Walk/Jog Trails • Medical Facility • Highway Access

Geography

Floorplan Breakdown

Structural Layout

Second
Master BedroomBedroom 2Bedroom 3
First
Living RoomDining RoomKitchenBathroom 1Bathroom 2
Living Room
Lvl First

20 x 17

Cathedral Ceiling(s), Ceiling Fan(s), Flooring - Wall to Wall Carpet, Window(s) - Picture, Open Floorplan, Recessed Lighting

Dining Room
Lvl First

13 x 12

Flooring - Hardwood, Window(s) - Picture, Open Floorplan, Wainscoting

Kitchen
Lvl First

18 x 11

Flooring - Stone/Ceramic Tile, Window(s) - Picture, Dining Area, Breakfast Bar / Nook, Deck - Exterior, Exterior Access, Gas Stove

Master Bedroom
Lvl Second

12 x 12

Walk-In Closet(s), Flooring - Hardwood, Window(s) - Picture

Bedroom 2
Lvl Second

10 x 9

Bedroom 3
Lvl Second

11 x 9

Closet, Flooring - Hardwood, Window(s) - Picture

Bathroom 1
Lvl First

6 x 5

Bathroom - Half, Flooring - Stone/Ceramic Tile, Window(s) - Picture

Bathroom 2
Lvl First

6 x 9

Bathroom - Full, Bathroom - With Tub & Shower, Flooring - Stone/Ceramic Tile, Window(s) - Picture

Listing Provided By

Listing Agent: Julia Apostolicas

Listing Office: Coldwell Banker Realty - Lexington

MLS® Number: 73575077