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29-31 Middlesex St #1 Chelmsford — Photo 1 of 30

29-31 Middlesex St #1 Chelmsford — Photo 1 of 30

$439,900

Investment Analysis — 29-31 Middlesex St #1

Chelmsford, MA 01863 — North Chelmsford

Based on HUD Small Area Fair Market Rent for Lowell, MA HUD Metro FMR Area, a 2-bedroom in 01863 carries an estimated $2,230/mo in gross rent — about a 3.17% cap rate and $13,929/yr in estimated NOI at the $439,900 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

2

Baths

2

SqFt

1,163

Style

Condominium

Built

1900

This is the one! Location, space, charm, and outdoor living—this North Chelmsford condo has it all! Fall in love with this spacious and inviting home perfectly situated in the heart of historic and bustling Vinal Square. Step outside your door and enjoy a vibrant array of local favorites, including the lively atmosphere at Tequila's Mexican Grill & Cantina, classic morning eats at Rosie's Diner, and fresh flavors at BEYROOTS Mediterranean Fusion. With nearby shops, the library, Freeman Lake Beach, and Varney Playground all within easy reach, this location offers an exceptional, walkable lifestyle. Beyond its incredible neighborhood charm, this property offers excellent long-term value and a smart financial opportunity, particularly for a graduate student looking to invest in their future. Rather than throwing money away on rent, this two-bedroom, two-full-bath home allows you to build equity while studying. The thoughtful layout offers immense flexibility, providing the perfect balance of privacy and shared space for a stable roommate arrangement or comfortable multi-generational living. Inside, you’ll be welcomed by gleaming hardwood floors, sparkling tile, and a warm, comfortable layout. The kitchen is ready for your inner chef, featuring gas cooking, granite countertops, a peninsula, and abundant cabinet and counter space. The fireplaced living room offers a charming window seat, while the dining room showcases a classic built-in hutch—perfect for quiet study sessions, gatherings, and everyday meals. Central air keeps things comfortable, and a new gas heating system installed this past winter adds absolute peace of mind. And then there’s the fantastic outdoor space! The large, level yard offers room to garden, entertain, play, or simply relax. Enjoy your morning coffee on the front wraparound porch or unwind on the rear deck at the end of a busy day. Commuting is a breeze with easy access to Route 3, I-495, and the Lowell Commuter Rail station, plus ample driveway parking. Its great proximity to UMass Lowell and major transit routes ensures this home will always be a highly desirable and enduring asset. This special North Chelmsford property truly checks all the boxes—just unpack and move right in!

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.

Open Houses

Property Details

Financials

Original Price$439,900
Annual Taxes$4,705.04
HOA Fee$142

Parking

Garage0
Off-Street3

Interior Specifications

Total Rooms5
Fireplaces1
FlooringTile, Hardwood
BasementY

Climate & Utilities

HeatingForced Air, Natural Gas
CoolingCentral Air
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofShingle
Foundation--
ZoningRC

Property & Lot

Acres--
SqFt Lot--
Lot Features--

Amenities & Appliances

Range • Dishwasher • Disposal • Microwave • Refrigerator • Washer • Dryer

Neighborhood

Public Transportation • Shopping • Park • Golf • Medical Facility • Highway Access

Geography

Floorplan Breakdown

Structural Layout

First
Living RoomDining RoomPrimary BedroomBedroom 2Bathroom 1Bathroom 2
Main,First
Kitchen
Living Room
Lvl First

16 x 15

Flooring - Hardwood, Window Seat

Dining Room
Lvl First

15 x 12

Flooring - Hardwood

Kitchen
Lvl Main,First

18 x 17

Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid, Peninsula

Primary Bedroom
Lvl First

13 x 12

Flooring - Hardwood

Bedroom 2
Lvl First

13 x 12

Bathroom 1
Lvl First
Bathroom 2
Lvl First

Property History

Listed
$439,900

Sep 16, 2026

MLS® 73578526

Expired
$475,000

Jul 8, 2026

MLS® 73498250

Listed
$475,000

Apr 8, 2026

MLS® 73498250

Terminated
$479,900

Dec 14, 2025

MLS® 73461260

Listed
$479,900

Dec 10, 2025

MLS® 73461260

Listing Provided By

Listing Agent: Gerald Barrett

Listing Office: Barrett, Chris. J., REALTORS®

MLS® Number: 73578526