
18 Highland Ave Chelmsford — Photo 1 of 32
$599,900
Investment Analysis — 18 Highland Ave
Chelmsford, MA 01851 — North Chelmsford
Based on HUD Small Area Fair Market Rent for Lowell, MA HUD Metro FMR Area, a 3-bedroom in 01851 carries an estimated $2,720/mo in gross rent — about a 2.95% cap rate and $17,688/yr in estimated NOI at the $599,900 list price. Adjust every assumption in the calculator below.
Beds
3
Baths
2
SqFt
1,353
Style
Single Family
Built
1898
There’s something special about a home that feels welcoming the moment you arrive. Set on a spacious corner lot in a convenient North Chelmsford location, 18 Highland Avenue is a charming antique Colonial with farmer’s porches made for morning coffee and relaxing evenings. Inside, tall ceilings, recessed lighting, and detailed moldings give the living and dining rooms so much warmth and personality. The kitchen brings everyone together with maple cabinetry, granite counters and an island, while the first-floor laundry room and full bath makes life easier. Recently painted throughout, the home feels fresh while retaining its original warmth and character. The recently added back deck provides additional space for outdoor enjoyment and easy access to the backyard with room to garden, gather and play. Upstairs you will find 3 generous sized bedrooms and another full bath. The spacious walkout basement provides plenty of room for storage or a workshop. Full of character and ready for its next chapter, this is a home you’ll want to see in person.
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: 677 sq ft (the lesser of 900 sq ft or half the 1,353 sq ft principal dwelling). Lot size: 12,435 sq ft.
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.
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Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Electric Water Heater • Range • Dishwasher • Microwave • Refrigerator • Washer • Dryer
Neighborhood
Public Transportation • Shopping • Park • Walk/Jog Trails • Golf • Medical Facility
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl Main,First11.9 x 15.3
Flooring - Laminate, Cable Hookup, Recessed Lighting, Crown Molding
Dining Room
Lvl Main,First15.6 x 13.9
Closet/Cabinets - Custom Built, Flooring - Laminate, Exterior Access, Lighting - Overhead, Crown Molding
Kitchen
Lvl Main,First16.2 x 11.1
Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid, Kitchen Island, Recessed Lighting, Gas Stove
Primary Bedroom
Lvl Second12.4 x 15.4
Closet, Flooring - Wall to Wall Carpet
Bedroom 2
Lvl Second12.4 x 12.7
Bedroom 3
Lvl Second12.11 x 12.1
Closet, Flooring - Wall to Wall Carpet
Bedroom 4
Lvl Main9 x 5.5
Flooring - Stone/Ceramic Tile
Listing Agent: Carolyn Corbett
Listing Office: Century 21 North East
MLS® Number: 73582019