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    Two-Unit Residential Income Property Title is generated by Realmo AI

    27 Shaw St, Lowell, MA 01851

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    Claim this Listing
    For Sale
    $650,000

    MULTI_FAMILY - Lowell, MA

    Property size:
    3,064 SF
    Lot size:
    0.08 Acres
    Price / SF:
    $212/SF
    Added:
    Apr 22, 2026
    Days on Market:
    46
    Last Refresh:
    Jun 6 at 6:06 pm

    Property Features for 27 Shaw St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Zoning
    USF
    Bedrooms
    7
    Bathrooms
    2
    Rooms
    Bedroom 5, Bedroom 3, Bedroom 1, Bedroom 4, Bathroom 1, Bathroom 2, Bedroom 2, Bedroom 6, Bedroom 7
    Standard status
    Active
    APN
    M:123 B:5305 L:27,3183738
    Size
    3,064 SF
    Lot size
    0.08 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Annual Amount
    6749

    Building Details

    Year built
    1900
    Floors in Building
    3
    Number of units
    2

    We can help!

    Listing Contact
    Claire Ryan

    Listing agent Claire Ryan

    Listing office Keller Williams Realty - Merrimack 665 Rogers St, Westford, MA

    Listing date Apr 22, 2026

    MLS# 73505421 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.

    HighLights

    • Two‑family home in the Highlands neighborhood with 7 bedrooms total and 2 bathrooms
    • First‑floor unit: 3 bedrooms with a spacious kitchen and large living room; delivered vacant at closing
    • Second unit spans two levels with 4 bedrooms, a bonus room (office or guest space), a large eat‑in kitchen, and a living room
    • Leased solar panels help reduce energy costs
    • Convenient to shopping, the T‑station, and the Lowell Connector for access to Route 495 and Route 3

    Overview

    This two-unit residential income property offers strong owner or investor flexibility with two distinct residences. The first-floor unit features three bedrooms, a spacious kitchen, and a large living room. The second unit is configured over two levels and includes four bedrooms, a bonus room that can serve as an office or guest space, a large eat-in kitchen, and a welcoming living room. The first-floor unit will be delivered vacant at closing, supporting immediate occupancy or tailored rent-ready updates. The home also has leased solar panels intended to help reduce energy costs.

    Set in the Highlands neighborhood of Lowell, the property is positioned for commuter convenience. It is located near shopping, the T-station, and the Lowell Connector, with straightforward access to Route 495 and Route 3.

    With separate unit layouts and a range of bedroom and room options, this property can appeal to buyers seeking rental income potential or owners looking to offset housing costs with tenant occupancy. The vacant-first-floor delivery can be particularly useful for buyers who want control over immediate leasing strategy, while the solar arrangement may support operating cost management for the future.
    Property Profile Location Intelligence

    Current Use by Public Records

    METROPOLIS PRE-FORECLOSURES & ACQUISITIONS Financial Advisor

    Suggested Use

    Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Gym & Fitness Center Grocery & Convenience Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Lowell
    County
    Middlesex
    State
    Massachusetts
    Longitude
    -71.321899
    Latitude
    42.631146

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    FAQs

    What type of property is this?
    Duplex - Flexible two-family setup with separate living spaces, plus leased solar panels to help manage energy costs for occupants.
    Where is this duplex located?
    The property is located at 27 Shaw St Lowell, MA.
    What is the asking price?
    The asking price for this property is $650,000.
    What are key features of this property?
    This property features: Two‑family home in the Highlands neighborhood with 7 bedrooms total and 2 bathrooms; First‑floor unit: 3 bedrooms with a spacious kitchen and large living room; delivered vacant at closing; Second unit spans two levels with 4 bedrooms, a bonus room (office or guest space), a large eat‑in kitchen, and a living room
    (978) 692-3280
    We can help!
    Listing Contact
    Claire Ryan
    Request Owner's contact information
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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