74-76 Hammond Street Rowley — Photo 1 of 33
$700,000
Investment Analysis — 74-76 Hammond Street
Rowley, MA 01969
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 2-unit multi-family in 01969 carries an estimated $5,120/mo in gross rent — about a 5.52% cap rate and $38,620/yr in estimated NOI at the $700,000 list price. Adjust every assumption in the calculator below.
Beds
4
Baths
2.5
SqFt
2,608
Style
2 Family - 2 Units Side by Side
Built
1880
A rare find in Rowley! This unique side-by-side two-family home offers spacious units, a detached two-car garage with shed on a large beautiful lot in desirable neighborhood. Each unit features two bedrooms, full bath, with one unit also offering an additional half bath. Beyond the living room and kitchen, each unit provides additional living space that could be used as a family room, dining area, play room, office, additional sleeping space and more! The large deck and spacious yard add to the endless possibilities for outdoor living, along with entertaining family and friends. The property offers excellent flexibility and could be utilized as a spacious single-family home with plenty of room for extended family or multigenerational living. Character and warmth abound with beautiful pine ceiling beams, wood flooring, and much more. A wonderful opportunity for an owner-occupant, investor, or anyone seeking versatile living space in a sought-after Rowley location. Great value, don’t miss this one!!!
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 MLS and other third-party data may be inaccurate or out of date.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
Neighborhood
T-Station
Geography
Listing Agent: Mary Bligh
Listing Office: Keller Williams Realty Metropolitan
MLS® Number: 73569540
