132 Luce St Lowell — Photo 1 of 42
$639,900
Investment Analysis — 132 Luce St
Lowell, MA 01852 — Belvidere
Based on HUD Small Area Fair Market Rent for Lowell, MA HUD Metro FMR Area, a 3-bedroom in 01852 carries an estimated $2,590/mo in gross rent — about a 2.78% cap rate and $17,820/yr in estimated NOI at the $639,900 list price. Adjust every assumption in the calculator below.
Beds
3
Baths
1
SqFt
1,589
Style
Single Family
Built
1935
132 Luce St is such a delight! This classic 3 bedroom, 1 full bath Colonial is charm-filled and simply feels like home! You'll immediately notice the gorgeous original woodwork and hardwood floors. The first level has 2 living spaces: a light-filled front living room, as well as a fantastic back family room that leads to the backyard. The kitchen features granite countertops, hardwood floors, a tin ceiling, and space for a table. It is adjacent to the formal dining room with pretty French doors. Upstairs are 3 good-sized bedrooms, all with hardwood floors, and an updated full bath with beautiful, modern double-vanity. The yard is a real standout feature of this home, sporting a wonderful oversized paver patio, mature trees and plantings, a natural gas line for your grill, an outdoor TV hookup, and a garage that is now used for storage. The yard is the perfect place to relax in the nice weather, or entertain a crowd. Don't miss this lovely home on one of Belvidere’s most loved streets!
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: 795 sq ft (the lesser of 900 sq ft or half the 1,589 sq ft principal dwelling). Lot size: 10,019 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.
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Range • Dishwasher • Microwave • Refrigerator • Washer • Dryer
Neighborhood
Public Transportation • Shopping • Tennis Court(s) • Park • Golf • Medical Facility
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl First15 x 11.083333333
Flooring - Hardwood, French Doors
Dining Room
Lvl First10.75 x 11.25
Flooring - Hardwood, French Doors, Lighting - Overhead
Kitchen
Lvl First13.5 x 11.25
Ceiling Fan(s), Flooring - Hardwood, Countertops - Stone/Granite/Solid, Recessed Lighting, Lighting - Overhead
Family Room
Lvl First16.916666666 x 11.666666666
Cathedral Ceiling(s), Ceiling Fan(s), Closet, Flooring - Laminate, Exterior Access, Sunken
Primary Bedroom
Lvl Second11.416666666 x 11.083333333
Ceiling Fan(s), Closet, Flooring - Hardwood, Lighting - Overhead
Bedroom 2
Lvl Second14.25 x 8.416666666
Bedroom 3
Lvl Second9.583333333 x 11.083333333
Ceiling Fan(s), Closet, Flooring - Hardwood, Lighting - Overhead
Bathroom 1
Lvl Second6.833333333 x 7.333333333
Bathroom - Full, Bathroom - With Tub & Shower, Skylight, Flooring - Stone/Ceramic Tile, Double Vanity, Lighting - Sconce, Lighting - Overhead
Listing Agent: Katy Barry
Listing Office: Coldwell Banker Realty - Lowell
MLS® Number: 73577545