Active
60 Days on market
40-48 Primrose Hill Rd Dracut — Photo 1 of 19

40-48 Primrose Hill Rd Dracut — Photo 1 of 19

$950,000

Investment Analysis — 40-48 Primrose Hill Rd

Dracut, MA 01826

Based on rent reported on the MLS listing, a 4-unit multi-family in 01826 carries $7,400/mo in gross rent — about a 6.57% cap rate and $62,458/yr in estimated NOI at the $950,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

8

Baths

4

SqFt

2,700

Style

4 Family

Built

1900

40-46 Primrose Hill Rd in Dracut presents a strong multifamily investment opportunity featuring four 2-bedroom units. The property offers plenty of off-street parking for tenants and is conveniently located with easy access to local amenities, downtown Lowell and Long Pond. With a desirable unit mix, strong long-term rental potential, and opportunities for property improvements and future rent growth, 40-46 Primrose Hill Rd offers a great place to live or raise a family and gives investors the ability to add value while building a solid long-term investment.

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 MLS and other third-party data may be inaccurate or out of date.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$950,000
Annual Taxes$5,030

Parking

Garage0
Off-Street8

Interior Specifications

Total Rooms16
FireplacesNone
Flooring--
BasementFull

Climate & Utilities

Heating--
Cooling--
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofShingle
FoundationStone
ZoningR1

Property & Lot

Acres0.14
SqFt Lot6,000
Lot Features--

Geography

Listing Provided By

Listing Agent: Patrick Hermans

Listing Office: J. Borstell Real Estate, Inc.

MLS® Number: 73550446