Renovated Two-Unit
New
For Sale
$549,900
17 Auburn Street, Lowell, MA 01852
Both residences offer three-bedroom layouts and individual gas heating systems.
Property Size2,234 SF
Price / SF$246.15
Days on Market5
Property Features for 17 Auburn Street
General Information
Standard status
Active
Size
2,234 SF
Property subtype
Multi-family
Occupancy
100%
Lease Term
[]
Units
Unit Mix
2 x 3BR/1BA
Multifamily Units
2
Additional Details
Public Transit
Yes
Building Details
Year Built
1900
Listing Agency:
Premier Properties
Listed By:
Frank J. Leandro
(978) 569-0324
Source:
Littlefieldre
Added: Oct 7
Changed: Oct 11
Last Checked: Oct 11 at 8:40AM
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 Premier Properties
Investment Insights
Based on property information with market context.
This renovated duplex at 17 Auburn St. contains two residences within 2,234 square feet. Each unit has five rooms, three bedrooms, one full bathroom, and its own FHA gas heating system. The building dates to 1900, and both units are occupied by long-term tenants.
The property is in South Lowell, near shopping, restaurants, schools, public transportation, and everyday amenities.
The property is in South Lowell, near shopping, restaurants, schools, public transportation, and everyday amenities.
Key Highlights
- Two‑unit property with 2,234 square feet
- Each unit has five rooms, 3 bedrooms, and 1 full bathroom
- Both units have individual FHA gas heating systems
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$44,263
Cap Rate
8.05%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$885,260
$885.3K
Cap Rate 7%
$632,329
$632.3K
Cap Rate 9%
$491,811
$491.8K
Market Conditions
NOI Build-Up for 2,234 SF
Gross rent
$68.4K $30.60/SF
− Vacancy
−$5.1K −$2.30/SF
EGI
$63.2K $28.31/SF
− OpEx
−$19.0K −$8.49/SF
NOI
$44.3K $19.81/SF
Area
Lowell, MA
Vacancy
7.50%
Lease Rate
$30.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$885,260
Cap Rate 7%
$632,329
Cap Rate 9%
$491,811
Alternative Uses
Best Use
Multifamily LT 5
$632.3K
$553.3K – $737.7K
NOI $44,263 @ 7.0% cap · market cap 8.05%
Second Best
Apartment 5plus
$569.3K
$498.1K – $664.2K
NOI $39,851 @ 7.0% cap · market cap 7.25%
Theoretical Best
Office A
$786.3K
$688.0K – $917.3K
NOI $55,040 @ 7.0% cap · market cap 10.01%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
2
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
2,146
Businesses Nearby
Explore this area
Business Placement
Demographics for 01852, MA
36,708
Population
15,363
Households
2.4
Avg Household Size
37
Median Age
33%
College-Educated
86%
High-School Grad
5.0 sq mi
ZIP Area
7,342
Density / Sq Mi
$77,058
Median Household Income
$48,976
Median Earnings
$1,567
Median Rent
$397,200
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Both residences offer three-bedroom layouts and individual gas heating systems.
Where is this duplex located?
The property is located at 17 Auburn Street Lowell, MA.
What is the asking price?
The asking price for this property is $549,900.
What are key features of this property?
This property features: Two‑unit property with 2,234 square feet; Each unit has five rooms, 3 bedrooms, and 1 full bathroom; Both units have individual FHA gas heating systems
