
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.
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 MLS and other third-party data may be inaccurate or out of date.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
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
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
Living Room
Lvl FirstBeamed Ceilings, Flooring - Wood, Cable Hookup, Open Floorplan, Remodeled
Kitchen
Lvl FirstFlooring - Wood, Countertops - Upgraded, Breakfast Bar / Nook, Cabinets - Upgraded, Open Floorplan, Remodeled, Stainless Steel Appliances, Lighting - Overhead
Primary Bedroom
Lvl FirstBathroom - Full, Beamed Ceilings, Walk-In Closet(s), Flooring - Wall to Wall Carpet, Cable Hookup
Bedroom 2
Lvl FirstBathroom 1
Lvl FirstBathroom - Full, Bathroom - With Shower Stall, Flooring - Stone/Ceramic Tile, Countertops - Upgraded, Cabinets - Upgraded
Bathroom 2
Lvl FirstBathroom - Full, Bathroom - Tiled With Tub & Shower, Closet, Flooring - Stone/Ceramic Tile, Countertops - Upgraded, Dryer Hookup - Electric, Washer Hookup
Listing Agent: Kathleen Plath
Listing Office: LAER Realty Partners
MLS® Number: 73577091