Well-Maintained Two-Family
14 Warnock Street Lowell, MA 01852
For Sale
$599,000
Two-unit duplex with separate utilities, updated flooring, eat-in kitchens, and off-street paved parking for four vehicles.
Property Size2,092 SF
Price / SF$286.33
Days on Market154
Property Features for 14 Warnock Street
General Information
- Standard status
- Active
- Size
- 2,092 SF
- Property subtype
- Multi-family / 2 Family
Building Details
- Year Built
- 1925
Listing Agency:
Pailin Realty
(978) 319-8958
Listed By:
Bonieta Lach · License #9564312
(978) 319-8958
Source:
Compass
Added: Feb 20
Changed: Jul 23
Last Checked: Jul 23 at 6:19PM
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 Pailin Realty
Investment Insights
Based on property information with market context.
This well-maintained two-family duplex provides two separate living units with spacious living areas and eat-in kitchens. Each unit has updated flooring and separate utilities, supporting independent day-to-day use. The property also includes solar panels, an enclosed porch, and private outdoor space, along with a fenced yard.
The home is located in South Lowell with easy access to Route 495. It is also positioned near shopping, schools, and public transportation.
Off-street parking is paved for four vehicles, providing convenient onsite accommodation for residents or tenants.
The home is located in South Lowell with easy access to Route 495. It is also positioned near shopping, schools, and public transportation.
Off-street parking is paved for four vehicles, providing convenient onsite accommodation for residents or tenants.
Key Highlights
- 2‑family duplex with approximately 2,092 sq ft of living space across two units
- Each unit includes eat‑in kitchen plus separate utilities
- Updated wood flooring, insulated windows, and ceiling fans throughout
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 | $64.0k | $30.60 |
| − Vacancy | −$4.8k | −$2.30 |
| EGI | $59.2k | $28.31 |
| − OpEx | −$17.8k | −$8.49 |
| NOI | $41.4k | $19.81 |
2,092 SF · lease $30.60/SF/yr · vacancy 7.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$592.1K
$518.1K – $690.8K
NOI $41,450 @ 7.0% cap · market cap 6.92%
Second Best
Apartment 5plus
$533.1K
$466.5K – $622.0K
NOI $37,318 @ 7.0% cap · market cap 6.23%
Theoretical Best
Office A
$736.3K
$644.3K – $859.0K
NOI $51,542 @ 7.0% cap · market cap 8.60%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
FAQs
What type of property is this?
Duplex - Two-unit duplex with separate utilities, updated flooring, eat-in kitchens, and off-street paved parking for four vehicles.
Where is this duplex located?
The property is located at 14 Warnock Street Lowell, MA.
What is the asking price?
The asking price for this property is $599,000.
What are key features of this property?
This property features: 2‑family duplex with approximately 2,092 sq ft of living space across two units; Each unit includes eat‑in kitchen plus separate utilities; Updated wood flooring, insulated windows, and ceiling fans throughout
