
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.
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
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
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
Living Room
Lvl Second15.6 x 15
Ceiling Fan(s), Flooring - Vinyl
Dining Room
Lvl Second9.916666666 x 12.833333333
Kitchen
Lvl Second8.833333333 x 12.833333333
Flooring - Vinyl
Master Bedroom
Lvl Third15.166666666 x 14.916666666
Ceiling Fan(s), Closet, Flooring - Wall to Wall Carpet
Bedroom 2
Lvl Third13.083333333 x 12.75
Bathroom 1
Lvl Second5.583333333 x 5.5
Bathroom - Half
Bathroom 2
Lvl Third5.416666666 x 9
Bathroom - Full, Bathroom - With Tub & Shower, Jacuzzi / Whirlpool Soaking Tub
Property History
$469,900
Jul 21, 2026
MLS® 73552704
$2,900
Oct 31, 2025
MLS® 73441338
$2,850
Oct 8, 2025
MLS® 73441338
Listing Agent: Brian Hansen
Listing Office: Century 21 North East
MLS® Number: 73552704