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781 Lawrence St Lowell — Photo 1 of 23

781 Lawrence St Lowell — Photo 1 of 23

$1,599,000

Investment Analysis — 781 Lawrence St

Lowell, MA 01852 — South Lowell

Based on rent reported on the MLS listing, a 6-unit multi-family in 01852 carries $14,400/mo in gross rent — about a 7.24% cap rate and $115,843/yr in estimated NOI at the $1,599,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

18

Baths

6

SqFt

7,558

Style

5-9 Family

Built

1910

Investor alert. Excellent investment opportunity in South Lowell. Classic, Solid, Multifamily with 6 spacious de-leaded three bedroom, one bath units. Each is approximately 1200 square feet. Units have updated kitchens, large rooms and Washer dryer hook ups. Slate roof was completely renovated in 2020. There are four off street parking spaces and ample on street parking. Large attic may provide opportunity for expansion. Utilities are paid by the tenants. Solid 8 Cap rate. Don’t miss this rare opportunity

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 MLS and other third-party data may be inaccurate or out of date.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$1,599,000
Annual Taxes$15,485

Parking

Garage0
Off-Street2

Interior Specifications

Total Rooms30
FireplacesNone
Flooring--
BasementFull

Climate & Utilities

HeatingBaseboard
Cooling--
WaterPublic
SewerPublic Sewer

Building & Exterior

Construction--
Roof--
FoundationGranite
ZoningTMF

Property & Lot

Acres0.19
SqFt Lot8,276
Lot FeaturesCorner Lot

Amenities & Appliances

Range • Refrigerator

Geography

Listing Provided By

Listing Agent: Michael O'Keefe

Listing Office: Coldwell Banker Realty - Lexington

MLS® Number: 73572369