Three-Story
New
For Sale
$709,900
17 Myrtle St, Lowell, MA 01850
Seven bedrooms provide a substantial residential layout across three levels.
Property Size3,369 SF
Lot Size0.11 Acres
Price / SF$210.72
Days on Market7
Property Features for 17 Myrtle St
General Information
Standard status
Active
Size
3,369 SF
Lot size
0.11 Acres
Property subtype
2 Family - 2 Units Up/Down
Site & Location
Neighborhood
Centralville
Amenities
back porch
backyard
Building Details
Building Size
3,369 SF
Year Built
1880
Stories
3
Listing Agency:
Arris Realty
(603) 966-3409
Listed By:
Isabella Lizotte
(603) 289-8755
Source:
Iverty
Added: Oct 24
Changed: Oct 29
Last Checked: Oct 30 at 4:37PM
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 Arris Realty
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This three-story duplex offers 3,369 square feet of living area and includes seven bedrooms. The property dates to 1880 and sits on a 4,792-square-foot lot.
Outdoor features include a rear porch and backyard.
Outdoor features include a rear porch and backyard.
Key Highlights
- 3,369 square feet of living space
- Seven bedrooms across a three‑story layout
- Built in 1880
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$60,098
Cap Rate
8.47%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,201,960
$1.2M
Cap Rate 7%
$858,543
$858.5K
Cap Rate 9%
$667,756
$667.8K
Market Conditions
NOI Build-Up for 3,369 SF
Gross rent
$117.2K $34.80/SF
− Vacancy
−$8.0K −$2.37/SF
EGI
$109.3K $32.43/SF
− OpEx
−$49.2K −$14.60/SF
NOI
$60.1K $17.84/SF
Area
Lowell, MA
Vacancy
6.80%
Lease Rate
$34.80 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,201,960
Cap Rate 7%
$858,543
Cap Rate 9%
$667,756
Alternative Uses
Best Use
Multifamily LT 5
$953.6K
$834.4K – $1.11M
NOI $66,752 @ 7.0% cap · market cap 9.40%
Second Best
Apartment 5plus
$858.5K
$751.2K – $1.00M
NOI $60,098 @ 7.0% cap · market cap 8.47%
Theoretical Best
Office A
$1.19M
$1.04M – $1.38M
NOI $83,004 @ 7.0% cap · market cap 11.69%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Location Intelligence
Trade Area within ½ mile
1,697
Businesses Nearby
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Business Placement
Demographics for 01850, MA
16,670
Population
6,028
Households
2.8
Avg Household Size
34
Median Age
18%
College-Educated
83%
High-School Grad
1.4 sq mi
ZIP Area
11,907
Density / Sq Mi
$67,581
Median Household Income
$42,096
Median Earnings
$1,666
Median Rent
$367,200
Median Home Value
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Seven bedrooms provide a substantial residential layout across three levels.
Where is this duplex located?
The property is located at 17 Myrtle St Lowell, MA.
What is the asking price?
The asking price for this property is $709,900.
What are key features of this property?
This property features: 3,369 square feet of living space; Seven bedrooms across a three‑story layout; Built in 1880
