51 Hampshire St Lowell — Photo 1 of 34
$719,900
Investment Analysis — 51 Hampshire St
Lowell, MA 01850
Based on rent reported on the MLS listing, a 2-unit multi-family in 01850 carries $1,800/mo in gross rent — about a 1.43% cap rate and $10,317/yr in estimated NOI at the $719,900 list price. Adjust every assumption in the calculator below.
Beds
7
Baths
2
SqFt
2,832
Style
Multi Family
Built
1920
Welcome to this beautifully remodeled two-family home, offering a fantastic opportunity for both owner-occupants and investors! The second-floor unit features a beautifully renovated kitchen with stainless steel appliances, tiled backsplash, and newly installed luxury vinyl flooring throughout. This spacious unit offers 4 generously sized bedrooms, a well-appointed bathroom, and washer/dryer hookups. Two new decks will be installed prior to closing, providing additional outdoor living space. The first-floor unit offers 3 good-sized bedrooms, along with a newly remodeled bathroom featuring stylish tile work and washer/dryer hookups. The first-floor tenant currently pays $1,800 per month and is a tenant-at-will, providing immediate rental income. The property also features a large detached garage and a nicely sized yard, perfect for outdoor entertaining, gardening, or relaxing. Conveniently located near UMass Lowell, the Merrimack River, local shops, restaurants, and outdoor recreation. Enjoy easy access to walking and biking along the river while being close to everyday amenities. With a total of 7 bedrooms, updated living spaces, outdoor space, a detached garage, and rental income already in place, this property is a great opportunity for an owner-occupant or investor looking to add a strong two-family property to their portfolio. Open house Sunday from 12:30pm to 2:30pm. Offer deadline Tuesday at 5pm
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.
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Listing Agent: Felix Gutierrez
Listing Office: Rey Realty Group
MLS® Number: 73577647