59 Crescent St Lowell — Photo 1 of 2
$334,000
Investment Analysis — 59 Crescent St
Lowell, MA 01851
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 5.84% cap rate and $19,515/yr in estimated NOI at the $334,000 list price. Adjust every assumption in the calculator below.
Beds
3
Baths
1
SqFt
1,184
Style
Single Family
Built
1900
Come check out this 3 bedroom, 1 bath home with good parking and a great location. Flippers, contractors, and owner occupants looking to build sweat equity. Great opportunity. Cash and rehab loans only. Please attend the group showing or reach out directly for more information. (Group Showing Thursday Sept. 24 from 12-2. $10,000 EMD. Closing date October 9th.
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: 592 sq ft (the lesser of 900 sq ft or half the 1,184 sq ft principal dwelling). Lot size: 6,098 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 MLS and other third-party data may be inaccurate or out of date.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.
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Geography
Listing Agent: Michael Wetherbee
Listing Office: Cameron Real Estate Group
MLS® Number: 73580415