
713 E Merrimack Street Lowell — Photo 1 of 40
$585,000
Investment Analysis — 713 E Merrimack Street
Lowell, MA 01852 — Belvidere
Based on HUD Small Area Fair Market Rent for Lowell, MA HUD Metro FMR Area, a 2-bedroom in 01852 carries an estimated $2,160/mo in gross rent — about a 2.34% cap rate and $13,671/yr in estimated NOI at the $585,000 list price. Adjust every assumption in the calculator below.
Beds
2
Baths
1
SqFt
1,231
Style
Single Family
Built
1950
Attractive Belvidere Ranch beautifully situated on a OVERSIZED corner lot! Step inside through the inviting entry and discover a stylish, open-concept layout filled with natural light, hardwood floors, charm, and character. The spacious living and dining areas flow seamlessly into the kitchen and adjoining sitting room, offering flexible space for relaxing, entertaining, or a home office. The home also features an updated bathroom and a convenient mudroom with a side entrance providing easy access to the driveway and detached garage. The back door opens directly to the patio for effortless outdoor living. Additional highlights include vinyl siding and replacement windows. Ideally located near downtown Lowell and UMass Lowell. A wonderful opportunity to enjoy comfortable one-level living in a fantastic location!
ADU Potential
Massachusetts allows one accessory dwelling unit by right in single-family zoning districts statewide (M.G.L. c. 40A §3; 760 CMR 71.00, effective Feb 2025). Estimated maximum ADU size for this property: 616 sq ft (the lesser of 900 sq ft or half the 1,231 sq ft principal dwelling). Lot size: 16,553 sq ft.
Based on listing data, which indicates the property type — not the zoning district. Local dimensional, septic (Title 5), and historic-district requirements still apply. Not legal advice — verify with the municipality.
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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Floorplan Breakdown
Structural Layout
Living Room
Lvl First13 x 10
Flooring - Hardwood
Dining Room
Lvl First13 x 10
Flooring - Hardwood
Kitchen
Lvl First13 x 11
Flooring - Stone/Ceramic Tile
Primary Bedroom
Lvl First12 x 12
Flooring - Hardwood
Bedroom 2
Lvl First12 x 11
Bathroom 1
Lvl First9 x 5
Listing Agent: Maureen Howe
Listing Office: ERA Key Realty Services
MLS® Number: 73574642