Three-Unit Residential Income
1 Dublin Street Lowell, MA 01854
New
1 Dublin Street, Lowell, MA, 01854
$799,900
For Sale
$799,900
Triplex with two 5-bedroom units and one 2-bedroom unit, currently generating income with long-term tenants.
Property Size3,455 SF
Price / SF$231.52
Days on Market4
Property Features for 1 Dublin Street
General Information
- Standard status
- Active
- Size
- 3,455 SF
- Property subtype
- Multi-family
Building Details
- Year Built
- 1900
Listing agency
RE/MAX Innovative Properties
Listed by
Raymond Boutin
(617) 236-0711
Source
Campionre
Added: Jul 20 Updated: Jul 21 at 10:52AM Checked: Jul 22 at 8:20AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of RE/MAX Innovative Properties
Investment Insights
Based on property information with market context.
This for-sale triplex features three residential units: two 5-bedroom apartments and one 2-bedroom unit. The property is supported by lead certificates in hand. Updates include a roof that is less than five years old, and many windows have been replaced.
The property is located at 1 Dublin Street in Lowell, positioned just steps from downtown and U-Mass Lowell.
The current tenant mix includes long-term tenants in the 2-bedroom unit, with the remaining units also contributing to the property’s income profile. The buyer will need to cooperate with the seller’s 1031 exchange process, with participation required to incur no additional expense for the buyer.
The property is located at 1 Dublin Street in Lowell, positioned just steps from downtown and U-Mass Lowell.
The current tenant mix includes long-term tenants in the 2-bedroom unit, with the remaining units also contributing to the property’s income profile. The buyer will need to cooperate with the seller’s 1031 exchange process, with participation required to incur no additional expense for the buyer.
Key Highlights
- Triplex at 1 Dublin Street, Lowell, with two 5‑bedroom units and one 2‑bedroom unit
- Currently generating income with long‑term tenants
- Roof is less than 5 years old
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 | $105.7k | $30.60 |
| − Vacancy | −$7.9k | −$2.30 |
| EGI | $97.8k | $28.31 |
| − OpEx | −$29.3k | −$8.49 |
| NOI | $68.5k | $19.81 |
3,455 SF · lease $30.60/SF/yr · vacancy 7.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$977.9K
$855.7K – $1.14M
NOI $68,456 @ 7.0% cap · market cap 8.56%
Second Best
Apartment 5plus
$880.5K
$770.4K – $1.03M
NOI $61,632 @ 7.0% cap · market cap 7.70%
Theoretical Best
Office A
$1.22M
$1.06M – $1.42M
NOI $85,122 @ 7.0% cap · market cap 10.64%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Triplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Triplex - Triplex with two 5-bedroom units and one 2-bedroom unit, currently generating income with long-term tenants.
Where is this triplex located?
The property is located at 1 Dublin Street Lowell, MA.
What is the asking price?
The asking price for this property is $799,900.
What are key features of this property?
This property features: Triplex at 1 Dublin Street, Lowell, with two 5‑bedroom units and one 2‑bedroom unit; Currently generating income with long‑term tenants; Roof is less than 5 years old
