18 Pleasant St, Lowell, MA 01852
MULTI_FAMILY - Lowell, MA
- Added:
- May 7, 2026
- Days on Market:
- 48
- Last Refresh:
- Jun 23 at 12:06 am
Property Features for 18 Pleasant St
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- TTF
- Bedrooms
- 5
- Bathrooms
- 2
- Rooms
- Bedroom 3, Bedroom 1, Bedroom 5, Bedroom 2, Bedroom 4, Bathroom 2, Bathroom 1
- Standard status
- Active
- APN
- M:200 B:4680 L:18,3192945
- Size
- 1,632 SF
- Lot size
- 0.04 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 4162
Building Details
- Year built
- 1880
- Floors in Building
- 2
- Number of units
- 2
Listing agent Joshua Naughton License #57445 (603) 434-4101
Listing office RE/MAX Innovative Properties 81 Farmland Road, Londonderry, MA (978) 452-4432
Listing date May 7, 2026
Copyright © 2026 MLS Property Information Network Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Well‑maintained two‑family home built in 1880 at 18 Pleasant Street in Lowell
- 2nd floor to be delivered vacant
- Each unit has separate utilities and washer and dryer hookups
- Upper unit includes a private deck off the back bedroom
- Lower unit includes access to a small, private backyard
- Close to downtown Lowell (just minutes away)
Overview
The property is located in Lowell, MA, just minutes from downtown Lowell. Additional details include a lot size of 0.04 acres and a total building size of 1,632 square feet. Per the listing, the 2nd floor will be delivered vacant.
This configuration can fit a range of buyers, including an owner-occupant who wants to live in one unit while renting the other, or an investor seeking a duplex structure with unit-level utility separation. With private outdoor space for both levels and washer and dryer hookups already available, the layout supports practical day-to-day tenant needs. Zoning is listed as TTF.
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 | $49.9k | $30.60 |
| − Vacancy | −$3.7k | −$2.30 |
| EGI | $46.2k | $28.31 |
| − OpEx | −$13.9k | −$8.49 |
| NOI | $32.3k | $19.81 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Lowell
- County
- Middlesex
- State
- Massachusetts
- Longitude
- -71.30075
- Latitude
- 42.641365
