
94 Florence Rd Lowell — Photo 1 of 42
Recent Drop: $65,000
$795,000
Investment Analysis — 94 Florence Rd
Lowell, MA 01851
Based on HUD Small Area Fair Market Rent for Lowell, MA HUD Metro FMR Area, a 5-bedroom in 01851 carries an estimated $3,010/mo in gross rent — about a 2.54% cap rate and $20,172/yr in estimated NOI at the $795,000 list price. Adjust every assumption in the calculator below.
Beds
5
Baths
3
SqFt
3,158
Style
Single Family
Built
1950
Rare opportunity in Lowell's Upper Highlands! This home offers a fully updated 5-bedroom, 3-bath Colonial with over 3,000 sqft. on a beautifully landscaped lot. Step inside to a front-to-back living room warmed by a wood-burning fireplace with recessed lighting, flowing into an open, modern kitchen with bespoke Greenfield custom cabinetry, zero-maintenance countertops, which outperforms quartz and stone in stain and heat resistance, a professional-grade Bertazzoni range, a Miele speed oven and dishwasher, and a premium 4-door Whirlpool refrigerator. Eco-luxury Marmoleum flooring runs throughout the main level. Flexible living options with a first-floor bedroom and full bath with zero-entry shower plus a bonus room off the living room, which is ideal for a home office, gym, or second living area. This home is set up for multi-generational living or everyday flexibility. Upstairs, the primary suite features a walk-in closet and a full bathroom. With three additional large bedrooms, a second full bath, and a walk-in cedar closet, this floor leaves you plenty of space. A finished lower-level room with heat and A/C adds even more usable space. Major system updates include newer furnace and hot water heater, 6-zone sprinkler system, whole-house generator, and a brand-new Tesla wall connector (fully EV-ready). A one-car garage and carport for added parking. Outside, enjoy a meticulously landscaped yard with a 6-foot firepit. Don't wait on this well maintained Upper Highlands home!
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: 900 sq ft (the lesser of 900 sq ft or half the 3,158 sq ft principal dwelling). Lot size: 9,148 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.
Open Houses
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Gas Water Heater • Water Heater • Oven • Dishwasher • Microwave • Range • Refrigerator
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl FirstOpen Floorplan, Recessed Lighting
Dining Room
Lvl FirstRecessed Lighting
Kitchen
Lvl FirstCountertops - Upgraded, Breakfast Bar / Nook, Cabinets - Upgraded, Recessed Lighting, Stainless Steel Appliances
Family Room
Lvl FirstVaulted Ceiling(s), Recessed Lighting
Primary Bedroom
Lvl SecondBathroom - Full, Walk-In Closet(s), Flooring - Laminate
Bedroom 2
Lvl FirstBedroom 3
Lvl SecondCloset
Bedroom 4
Lvl SecondCloset
Bedroom 5
Lvl SecondCloset, Flooring - Wall to Wall Carpet
Bathroom 1
Lvl FirstBathroom - Full, Bathroom - With Shower Stall, Handicap Equipped
Bathroom 2
Lvl SecondBathroom - Full, Bathroom - With Shower Stall, Flooring - Stone/Ceramic Tile
Bathroom 3
Lvl SecondBathroom - Full
Property History
$795,000
Was $829,000
Sep 21, 2026
MLS® 73564745
$829,000
Was $860,000
Aug 31, 2026
MLS® 73564745
$860,000
Aug 17, 2026
MLS® 73564745
Listing Agent: Jennifer C. Jones
Listing Office: Premeer Real Estate Inc.
MLS® Number: 73564745