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2 Days on market
1905 Lakeview Ave Dracut — Photo 1 of 4

1905 Lakeview Ave Dracut — Photo 1 of 4

$569,000

Investment Analysis — 1905 Lakeview Ave

Dracut, MA 01826

Based on HUD Small Area Fair Market Rent for Lawrence, MA-NH HUD Metro FMR Area, a home in 01826 carries an estimated $1,610/mo in gross rent — about a 1.87% cap rate and $10,641/yr in estimated NOI at the $569,000 list price. Adjust every assumption in the calculator below.

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Beds

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Baths

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SqFt

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Style

Commercial

Built

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Great opportunity to develop a .69-acre parcel in Dracut’s B-3 Business District. The property has been approved for a 4,000-square-foot building with 28 parking spaces. B-3 zoning allows for a variety of potential uses, including retail, professional office space and more. An excellent opportunity for an owner-user, investor or developer. Buyers and buyer’s agents are responsible for verifying all zoning, approvals, permitted uses and development requirements with the Town of Dracut.

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 MLS and other third-party data may be inaccurate or out of date.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$569,000
Annual Taxes$4,042

Parking

Garage0
Off-Street0

Interior Specifications

Total Rooms--
FireplacesNone
Flooring--
BasementNone

Climate & Utilities

Heating--
Cooling--
WaterPublic
SewerPublic Sewer, On-Site

Building & Exterior

Construction--
Roof--
Foundation--
ZoningB3

Property & Lot

Acres0.69
SqFt Lot30,056
Lot FeaturesCleared

Neighborhood

Public Transportation • Shopping • Park • Laundromat • Public School

Geography

Property History

Listed
$569,000

Sep 11, 2026

MLS® 73575916

Expired
$569,000

Aug 31, 2026

MLS® 73459902

Listed
$569,000

Dec 4, 2025

MLS® 73459902

Terminated
$639,900

Oct 16, 2024

MLS® 73259705

Listed
$639,900

Jul 9, 2024

MLS® 73259705

Listing Provided By

Listing Agent: Tim Desmarais

Listing Office: Keller Williams Realty

MLS® Number: 73575916