891 Bridge Street Lowell — Photo 1 of 26
$350,000
Investment Analysis — 891 Bridge Street
Lowell, MA 01850
Based on HUD Small Area Fair Market Rent for Lowell, MA HUD Metro FMR Area, a 2-unit multi-family in 01850 carries an estimated $4,770/mo in gross rent — about a 10.37% cap rate and $36,283/yr in estimated NOI at the $350,000 list price. Adjust every assumption in the calculator below.
Beds
5
Baths
2
SqFt
2,352
Style
2 Family - 2 Units Up/Down
Built
1890
****ATTENTION CONTRACTOR'S****. Looking for your next flip? This 2350 sf two family Victorian, located in the Centralville section of Lowell, is just waiting to be brought back to its original glory. The home has been partially gutted by the homeowner and has ample room to create additional space/bedrooms to generate more value/income. The walk up attic could add even more space and extra off street parking could easily be created. The home is being sold as is, as shown. Buyer/Buyer's agent responsible to perform all due diligence to research/verify and apply for all permits necessary to complete renovations. Property is being sold as is as shown.
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 MLS and other third-party data may be inaccurate or out of date.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
Geography
Listing Agent: Kathy Pappas
Listing Office: RE/MAX Innovative Properties
MLS® Number: 73574719