Active
2 Days on market
52 Lawrence Dr #601 Lowell — Photo 1 of 17

52 Lawrence Dr #601 Lowell — Photo 1 of 17

$449,900

Investment Analysis — 52 Lawrence Dr #601

Lowell, MA 01854 — Downtown

Based on HUD Small Area Fair Market Rent for Lowell, MA HUD Metro FMR Area, a 2-bedroom in 01854 carries an estimated $2,250/mo in gross rent — about a 1.73% cap rate and $7,769/yr in estimated NOI at the $449,900 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

2

Baths

2

SqFt

1,150

Style

Condominium

Built

1890

This is the one you have been waiting for! Rarely available top floor, 2 bedroom, 2 bathroom, remodeled corner unit at Renaissance on the River, with soaring wood-beamed ceilings, expansive windows, and gorgeous city sunset views. And to top it off, this unit comes with - not one - but TWO deeded parking spots. Remodeled kitchen and baths, including hardwood flooring in the living, kitchen and hallway. In-unit laundry and custom window treatments. Amenities include beautiful common rooms, pool tables, fitness area, bike storage, private storage and deeded parking. This beautiful historic "Mural" building was once home to the Lawrence Manufacturing Mills and sits on the Merrimack River, surrounded by beautiful green space and parks, including miles of river walkway right out your back door. Conveniently located near the commuter rail, Lowell Connector, UMASS Lowell and Middlesex Community College. Walking distance to shopping and restaurants.

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 MLS and other third-party data may be inaccurate or out of date.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

Original Price$449,900
Annual Taxes$4,591
HOA Fee$680

Parking

Garage0
Off-Street2

Interior Specifications

Total Rooms4
FireplacesNone
FlooringTile, Engineered Hardwood
BasementN

Climate & Utilities

HeatingNatural Gas
CoolingCentral Air, Unit Control
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionBrick
RoofRubber
Foundation--
ZoningINST

Property & Lot

Acres--
SqFt Lot--
Lot Features--

Amenities & Appliances

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

Neighborhood

Public Transportation • Shopping • Park • Walk/Jog Trails • Medical Facility • Highway Access

Geography

Floorplan Breakdown

Structural Layout

First
Living RoomKitchenPrimary BedroomBedroom 2Bathroom 1Bathroom 2
Living Room
Lvl First

Beamed Ceilings, Flooring - Wood, Cable Hookup, Open Floorplan, Remodeled

Kitchen
Lvl First

Flooring - Wood, Countertops - Upgraded, Breakfast Bar / Nook, Cabinets - Upgraded, Open Floorplan, Remodeled, Stainless Steel Appliances, Lighting - Overhead

Primary Bedroom
Lvl First

Bathroom - Full, Beamed Ceilings, Walk-In Closet(s), Flooring - Wall to Wall Carpet, Cable Hookup

Bedroom 2
Lvl First
Bathroom 1
Lvl First

Bathroom - Full, Bathroom - With Shower Stall, Flooring - Stone/Ceramic Tile, Countertops - Upgraded, Cabinets - Upgraded

Bathroom 2
Lvl First

Bathroom - Full, Bathroom - Tiled With Tub & Shower, Closet, Flooring - Stone/Ceramic Tile, Countertops - Upgraded, Dryer Hookup - Electric, Washer Hookup

Listing Provided By

Listing Agent: Kathleen Plath

Listing Office: LAER Realty Partners

MLS® Number: 73577091