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    35 Honora Ave Dracut, MA 01826

    For Sale
    $700,000

    Two-unit multifamily with updates, near UMass Lowell.

    Lot size:
    0.15 Acres

    Property Features for 35 Honora Ave

    General Information

    Lot size
    0.15 Acres

    Building Details

    Year built
    1920

    Source: Eugenios Arfanakis, Broker Agent Eugenios Arfanakis

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Well-Maintained Multifamily Property

    This exceptionally maintained two-unit multifamily property is located on a quiet street in Dracut, Massachusetts, minutes from UMass Lowell. Both owner-occupied units feature two bedrooms and one bath, along with in-unit laundry. The kitchens and baths have been updated with granite countertops, tiled showers, stainless steel appliances, and newer fixtures. The property includes separate utilities and mini-split cooling. Two private decks and an enclosed porch provide year-round comfort. The fenced-in backyard is designed for entertaining, featuring composite decking, a fire pit, and wooded views. Ample off-street parking is available. Countless updates have been made to both the interior and exterior. This property is suitable for an owner-occupant seeking extra income or an investor looking for a turnkey property. It is conveniently located near schools, shopping, restaurants, and commuter routes, offering a combination of convenience, income potential, and natural beauty.
    Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Dracut
    County
    Middlesex
    State
    Massachusetts
    Longitude
    -71.3432271
    Latitude
    42.6618929

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    FAQs

    What type of property is this?
    Duplex - Two-unit multifamily with updates, near UMass Lowell.
    Where is this duplex located?
    The property is located at 35 Honora Ave Dracut, MA.
    What is the asking price?
    The asking price for this property is $700,000.
    What are key features of this property?
    This property features: - Turnkey, updated 2-unit multifamily property ideal for owner-occupant or investor.; - Each unit features 2 bedrooms, 1 bath, in-unit laundry, and updated kitchens and baths with granite countertops and stainless steel appliances.; - Desirable location on a quiet street, minutes from UMass Lowell, schools, shopping, restaurants, and commuter routes.
    (603) 978-3826
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    35 Honora Ave Dracut, MA 01826
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    Dracut, MA 01826
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    Realmo Value Estimation

    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.

    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.

    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
    35 Honora Ave Dracut, MA 01826
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