Two-Family Residential
18 Pleasant St Lowell, MA 01852
18 Pleasant St, Lowell, MA, 01852
$524,900
For Sale
$524,900
MULTI_FAMILY - Lowell, MA
Property Size1,632 SF
Lot Size0.04 Acres
Price / SF$321.63
Days on Market71
Property Features for 18 Pleasant St
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- TTF
- Bedrooms
- 5
- Bathrooms
- 2
- Rooms
- Bedroom 2, Bedroom 4, Bathroom 1, Bedroom 5, Bathroom 2, Bedroom 1, Bedroom 3
- Standard status
- Active
- APN
- M:200 B:4680 L:18,3192945
- Size
- 1,632 SF
- Lot size
- 0.04 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 4162
Building Details
- Year built
- 1880
- Floors in Building
- 2
- Number of units
- 2
Listing Agency
RE/MAX Innovative Properties
(978) 452-4432
81 Farmland Road, Londonderry, MA
Listed by
Joshua Naughton · License #57445
(603) 434-4101
Added: May 7 Checked: Jul 16 at 6:06 pm
MLS# 73515110
Listing URL
Copyright © 2026 MLS Property Information Network Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Welcome to 18 Pleasant St, a well-maintained two-family residential property. The home is set up with separate utilities for each unit, along with washer and dryer hookups that support convenient in-home laundry. The upper unit includes a private deck off the back bedroom, while the lower unit offers access to a small, private backyard for outdoor downtime. Lead certificates are in hand, and the building is positioned as a straightforward owner or investor hold.
The property is located in Lowell, MA, just minutes from downtown Lowell. Additional details include a lot size of 0.04 acres and a total building size of 1,632 square feet. Per the listing, the 2nd floor will be delivered vacant.
This configuration can fit a range of buyers, including an owner-occupant who wants to live in one unit while renting the other, or an investor seeking a duplex structure with unit-level utility separation. With private outdoor space for both levels and washer and dryer hookups already available, the layout supports practical day-to-day tenant needs. Zoning is listed as TTF.
The property is located in Lowell, MA, just minutes from downtown Lowell. Additional details include a lot size of 0.04 acres and a total building size of 1,632 square feet. Per the listing, the 2nd floor will be delivered vacant.
This configuration can fit a range of buyers, including an owner-occupant who wants to live in one unit while renting the other, or an investor seeking a duplex structure with unit-level utility separation. With private outdoor space for both levels and washer and dryer hookups already available, the layout supports practical day-to-day tenant needs. Zoning is listed as TTF.
Key Highlights
- Well‑maintained two‑family home built in 1880 in Lowell
- 2nd floor to be delivered vacant
- Each unit has separate utilities and washer/dryer hookups
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $49.9k | $30.60 |
| − Vacancy | −$3.7k | −$2.30 |
| EGI | $46.2k | $28.31 |
| − OpEx | −$13.9k | −$8.49 |
| NOI | $32.3k | $19.81 |
1,632 SF · lease $30.60/SF/yr · vacancy 7.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$461.9K
$404.2K – $538.9K
NOI $32,336 @ 7.0% cap · market cap 6.16%
Second Best
Apartment 5plus
$415.9K
$363.9K – $485.2K
NOI $29,112 @ 7.0% cap · market cap 5.55%
Theoretical Best
Office A
$574.4K
$502.6K – $670.1K
NOI $40,208 @ 7.0% cap · market cap 7.66%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Two separate units with in-unit laundry hookups, private outdoor space, and separate utilities for independent living or renting.
Where is this duplex located?
The property is located at 18 Pleasant St Lowell, MA.
What is the asking price?
The asking price for this property is $524,900.
What are key features of this property?
This property features: Well‑maintained two‑family home built in 1880 in Lowell; 2nd floor to be delivered vacant; Each unit has separate utilities and washer/dryer hookups
