Active
53 Days on market
37 Glen Ave #15 Chelmsford — Photo 1 of 37

37 Glen Ave #15 Chelmsford — Photo 1 of 37

$469,900

Investment Analysis — 37 Glen Ave #15

Chelmsford, MA 01824

Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 2-bedroom in 01824 carries an estimated $2,900/mo in gross rent — about a 3.34% cap rate and $15,676/yr in estimated NOI at the $469,900 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

2

Baths

1.5

SqFt

1,200

Style

Condominium

Built

2004

Turn Key Opurtunity This move-in ready 2-bedroom, 1.5-bath townhouse offers 1,200 sq ft of updated, low-maintenance living and garage parking. As an investment the owners were renting at $2,900/month, this cash-flowing property is ideal for the buy-and-hold investor seeking immediate income with minimal capital expenditures.The kitchen features a full suite of Samsung appliances, including a refrigerator/freezer with ice maker, a natural gas range with convection oven and griddle, and a dishwasher, plus a Samsung EcoSmart gas dryer and top-load washer (2022). The microwave and exhaust hood were replaced in February 2026. An efficient Navien NCB180E tankless combi boiler (95% efficiency, installed 2018) provides 3-zone heat plus domestic hot water, and brand-new central AC was added in June 2026. New LVP flooring runs through the kitchen, living room, laundry room, and half-bath, with carpet replaced in 2025.Unbeatable location just off Rt 3, minutes to Stop & Shop, Shaw's, and Alpine Butcher, with easy highway access for commuters heading south to Boston or north into NH a strong draw for reliable, long-term tenants.Highlights:•Last rented at $2,900/month•Garage parking•New central AC (2026) and high-efficiency Navien combi boiler (2018)•Updated Samsung kitchen and laundry appliances•New LVP flooring and updated carpet (2025)•Convenient location near shopping and major highways

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

Original Price$469,900
Annual Taxes$5,372
HOA Fee$450

Parking

Garage1
Off-Street3

Interior Specifications

Total Rooms4
FireplacesNone
FlooringCarpet
BasementN

Climate & Utilities

HeatingBaseboard, Electric Baseboard, Natural Gas
CoolingCentral Air
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofShingle
Foundation--
ZoningIA

Property & Lot

Acres--
SqFt Lot--
Lot Features--

Amenities & Appliances

Range • Dishwasher • Microwave • Refrigerator • Washer • Dryer • Water Treatment

Neighborhood

Public Transportation • Shopping • Medical Facility • Laundromat • Bike Path • Highway Access

Geography

Floorplan Breakdown

Structural Layout

Third
Master BedroomBedroom 2Bathroom 2
Second
Living RoomDining RoomKitchenBathroom 1
Living Room
Lvl Second

15.6 x 15

Ceiling Fan(s), Flooring - Vinyl

Dining Room
Lvl Second

9.916666666 x 12.833333333

Kitchen
Lvl Second

8.833333333 x 12.833333333

Flooring - Vinyl

Master Bedroom
Lvl Third

15.166666666 x 14.916666666

Ceiling Fan(s), Closet, Flooring - Wall to Wall Carpet

Bedroom 2
Lvl Third

13.083333333 x 12.75

Bathroom 1
Lvl Second

5.583333333 x 5.5

Bathroom - Half

Bathroom 2
Lvl Third

5.416666666 x 9

Bathroom - Full, Bathroom - With Tub & Shower, Jacuzzi / Whirlpool Soaking Tub

Property History

Listed
$469,900

Jul 21, 2026

MLS® 73552704

Sold
$2,900

Oct 31, 2025

MLS® 73441338

Listed
$2,850

Oct 8, 2025

MLS® 73441338

Listing Provided By

Listing Agent: Brian Hansen

Listing Office: Century 21 North East

MLS® Number: 73552704