Active
2 Days on market
559 Chelmsford St Lowell — Photo 1 of 14

559 Chelmsford St Lowell — Photo 1 of 14

$595,000

Investment Analysis — 559 Chelmsford St

Lowell, MA 01851

Based on HUD Small Area Fair Market Rent for Lowell, MA HUD Metro FMR Area, a 2-unit multi-family in 01851 carries an estimated $4,990/mo in gross rent — about a 6.52% cap rate and $38,822/yr in estimated NOI at the $595,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

5

Baths

3

SqFt

2,148

Style

Multi Family

Built

1900

Great opportunity to own a TWO FAMILY in Lowell with excellent outdoor space and FOUR off-street parking spots! Good size lot for the area! Whether you're looking to owner occupy and have rental income help offset your mortgage or add another multi family to your investment portfolio, this property offers plenty. Recent improvements include a NEW exterior fence, electrical updates, new doors, and additional updates throughout. The spacious second unit spans TWO FLOORS, with a renovated top floor featuring two additional bedrooms and a full bathroom. In-unit laundry adds even more convenience. With generous yard space, ample off-street parking, and flexible living arrangements, this property offers features that can be hard to find in the area. Build equity while generating rental income come see everything this Lowell two family has to offer! Schedule your private showing today!

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 MLS and other third-party data may be inaccurate or out of date.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$595,000
Annual Taxes$6,687

Parking

Garage0
Off-Street4

Interior Specifications

Total Rooms10
FireplacesNone
Flooring--
BasementNone

Climate & Utilities

Heating--
Cooling--
WaterPublic
SewerPublic Sewer

Building & Exterior

Construction--
Roof--
FoundationStone
ZoningTTF

Property & Lot

Acres0.11
SqFt Lot4,792
Lot FeaturesCorner Lot

Geography

Listing Provided By

Listing Agent: Christopher Martin

Listing Office: Cameron Prestige, LLC

MLS® Number: 73581916