5-7 Lowell St Billerica — Photo 1 of 40
$575,000
Investment Analysis — 5-7 Lowell St
Billerica, MA 01862
Based on HUD Small Area Fair Market Rent for Lowell, MA HUD Metro FMR Area, a 2-unit multi-family in 01862 carries an estimated $5,430/mo in gross rent — about a 7.56% cap rate and $43,478/yr in estimated NOI at the $575,000 list price. Adjust every assumption in the calculator below.
Beds
6
Baths
2
SqFt
2,174
Style
2 Family - 2 Units Side by Side
Built
1875
Opportunity awaits at this side-by-side two-family in Billerica! The vacant unit features open layout, a kitchen with wood cabinetry, finished upstairs rooms with wood floors, and a deck overlooking the yard. Convenient North Billerica location that is a close to the commuter rail station and on the bus line. Owner-occupied side offers space to make your own, with ceiling work and other renovations needed. Owners unit features two 2025 Bryant heat pump systems for heating and cooling: ducted air distribution on the first floor plus wall mounted mini split units on the second floor. A spacious yard adds to the appeal. With one unit vacant and improvements needed in the other, this property offers flexibility to live in one side while renting the other or to renovate as an investment. Bring your ideas and see the potential!. Buyers and agents to perform their own due diligence. Property to be sold as is.
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 MLS and other third-party data may be inaccurate or out of date.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 • Refrigerator
Neighborhood
Public Transportation • Shopping • Park • Walk/Jog Trails • Golf • Medical Facility
Geography
Listing Agent: Carolyn Corbett
Listing Office: Century 21 North East
MLS® Number: 73582753
