
527 Pawtucket Blvd #608 Lowell — Photo 1 of 27
$449,000
Investment Analysis — 527 Pawtucket Blvd #608
Lowell, MA 01854
Based on HUD Small Area Fair Market Rent for Lowell, MA HUD Metro FMR Area, a 2-bedroom in 01854 carries an estimated $2,250/mo in gross rent — about a 1.90% cap rate and $8,551/yr in estimated NOI at the $449,000 list price. Adjust every assumption in the calculator below.
Beds
2
Baths
2
SqFt
1,201
Style
Condominium
Built
2005
Absolutely beautiful 6th-floor CORNER unit at Grandview Condominiums offering lovely views of the Merrimack River along with beautiful sunset views. The oversized deck is a wonderful place to unwind at the end of the day, enjoy the peaceful river scenery, and take in the evening sunset views. This unit has been freshly painted throughout and is ready for immediate occupancy. The open-concept kitchen features granite countertops, a breakfast bar that comfortably seats four, and stainless steel appliances, all opening to the dining and living areas. The living room offers a cozy corner gas fireplace, picture window with lovely views, gleaming hardwood floors, and a slider leading to the oversized deck. The spacious primary bedroom includes a full en-suite bath, while the second bedroom is perfect for guests, a home office, or whatever suits your needs. The main bath is generously sized, and the convenient stackable washer/dryer stays with the unit. Additional storage is located right outside the unit and measures approximately 4’ x 6’. The location is ideal for those who enjoy being outdoors, with walking paths right across the street, Lowell Heritage State Park, outdoor concerts during the summer, and other festivities at nearby Festival Field and the UMass Bellegarde Boathouse. You’ll also have easy access to major highways, shopping, and the New Hampshire border. The highly anticipated new Rourke Bridge will bring a striking new landmark to the area, complete with dedicated pedestrian and bicycle paths. This exciting investment in the neighborhood adds to the convenience, beauty, and long-term appeal of the increasingly sought-after location. This beautiful condo has so much to offer and is truly worth seeing in person! Open House Saturday, September 5 from 1:30-3:00 pm
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
Range • Dishwasher • Microwave • Washer • Dryer
Neighborhood
Public Transportation • Shopping • Park • Walk/Jog Trails • Medical Facility • Bike Path
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl First21 x 17
Ceiling Fan(s), Flooring - Hardwood, Window(s) - Picture, Balcony - Exterior, Cable Hookup
Dining Room
Lvl FirstFlooring - Hardwood
Kitchen
Lvl First10 x 17
Flooring - Stone/Ceramic Tile, Pantry, Countertops - Stone/Granite/Solid, Breakfast Bar / Nook, Stainless Steel Appliances, Gas Stove
Primary Bedroom
Lvl First18 x 12
Bathroom - Full, Walk-In Closet(s), Flooring - Hardwood
Bedroom 2
Lvl First11 x 13
Bathroom 1
Lvl First7 x 11
Bathroom - Full, Bathroom - Double Vanity/Sink, Bathroom - With Tub & Shower, Closet - Linen, Flooring - Stone/Ceramic Tile
Bathroom 2
Lvl First10 x 7
Bathroom - Full, Bathroom - With Tub & Shower, Flooring - Stone/Ceramic Tile
Listing Agent: Cynthia Bryan
Listing Office: Keller Williams Realty Boston Northwest
MLS® Number: 73571918