Description
Rare opportunity to acquire a side-by-side duplex in a desirable cul-de-sac location walking distance to UMass Lowell's North Campus. This well-positioned two-family property offers approximately 2,100 square feet of living area, with two similar and spacious units. Each unit features 5 rooms, including 3 bedrooms, 1 full bathroom, a private entrance, basement space and separate washer/dryer hookups. The side-by-side configuration provides greater privacy than a traditional up-and-down two-family home and offers flexibility for investors, owner-occupants or buyers seeking a multigenerational living arrangement.Both units are currently occupied, providing immediate rental income. Existing rents are below current market levels, offering potential for future income growth subject to the existing tenancies, applicable laws and buyer due diligence. Tenants pay their own gas heat and electricity, helping limit owner-paid operating expenses.Additional features include ample off-street parking, a generous level yard and separate living arrangements for each household. The property's location near UMass Lowell creates strong long-term rental appeal. Convenient access to public transportation, shopping, restaurants, downtown Lowell, local employment centers and major commuter routes adds to its investment value.Whether you are an experienced investor looking to expand your rental portfolio or an owner-occupant interested in building equity while collecting income from the second unit, this property offers an attractive combination of space, location, established tenancy and future rental potential. Buyer and buyer's agent to perform their own due diligence regarding rents, leases, expenses and future rental opportunities.
Details
| MLS # | 73571886 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Active |
| Year | 1963 |
| Days On Site | 16 |
| Listing Provided By | Bostonville Realty | Apurva Patel |
Features
| Bed(s) | 6 |
|---|---|
| Bath(s) | 2 Total |
| SQ Feet | 2,100 |
| Basement | Y |
| Story(s) | 4 |
| Units | 2 |
| Zoning | R3 |
| Acreage | 0.35 |
Interior
| Rooms Total | 12 |
|---|---|
| Fireplaces Total | 0 |
| Fireplace Yes / No | No |
Exterior
| Foundation Details | Block |
|---|
Parking
| Garage Yes / No | No |
|---|---|
| Parking Features | Paved Drive, Off Street |
| Open Parking Yes / No | Yes |
Utilities
| Sewer | Public Sewer |
|---|
Taxes
| Tax Annual Amount | 5539 |
|---|---|
| Tax Assessed Value | 572800 |
| Tax Year | 2026 |
Location
| Senior Community Yes / No | No |
|---|
Area Information
| State | MA |
|---|---|
| County | Middlesex |
| City | Dracut |
| Zip Code | 01826 |
| Area | Middlesex |
| Listing VS Median (in 01826) | |
Price: $739,000 low | high Med: $529,900 sqft: 2,100 low | high Med: 1,246 $ / sqft: $352 low | high Med: $425 On site: 16 low | high Med: 2 | |
Market Activity 01826
Request a showing
Request a showing
Contact
Learn More About This Property
| State | MA |
|---|---|
| County | Middlesex |
| City | Dracut |
| Zip Code | 01826 |
| Area | Middlesex |
| Listing VS Median (in 01826) | |
Price: $739,000 low | high Med: $529,900 sqft: 2,100 low | high Med: 1,246 $ / sqft: $352 low | high Med: $425 On site: 16 low | high Med: 2 | |
 | $425,000438 Riverside StLowell, MA 01854 |