41-43 Highland Ave Chelmsford — Photo 1 of 33
Recent Drop: $65,000
$685,000
Investment Analysis — 41-43 Highland Ave
Chelmsford, MA 01863
Based on HUD Small Area Fair Market Rent for Lowell, MA HUD Metro FMR Area, a 2-unit multi-family in 01863 carries an estimated $4,460/mo in gross rent — about a 4.93% cap rate and $33,803/yr in estimated NOI at the $685,000 list price. Adjust every assumption in the calculator below.
Beds
4
Baths
2
SqFt
1,960
Style
2 Family - 2 Units Up/Down
Built
1920
Seller to offer a 10k credit with acceptable offer! This charming 2-family home with BRAND NEW ROOF offers the freedom to live exactly how you want. This home was used as a single family for many years and could still be used as such. It's perfectly suited for an owner-occupant looking to offset costs by renting a portion of the home or a multi-generational household wanting connection without sacrificing privacy. Both units feature hardwood floors, generous living and dining rooms, sunny bedrooms and shared closets in the main living space. The 1st floor unit features an updated kitchen and large bath. Upstairs, the 2nd unit is in great shape throughout with a 2nd kitchen which could be expanded or eliminated for more shared space. You have a screen porch, carport, lots of basement storage and shed rounding out a home that has been lovingly cared for by the same family for 60+ years. All this with an accessible entry point into Chelmsford — known for its strong schools, great neighborhoods & easy commuter access.
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 MLS and other third-party data may be inaccurate or out of date.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
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Dishwasher • Microwave • Refrigerator • Washer • Dryer • Range
Neighborhood
Public Transportation • Shopping
Geography
Property History
$685,000
Was $700,000
Aug 8, 2026
MLS® 73496867
$700,000
Was $725,000
Jun 9, 2026
MLS® 73496867
$725,000
Was $750,000
May 20, 2026
MLS® 73496867
$750,000
Apr 9, 2026
MLS® 73496867
Listing Agent: Ashima Scripp
Listing Office: Coldwell Banker Realty
MLS® Number: 73496867