Spacious Two-Family
27 Shaw Street, Lowell, MA 01851
Two-family home in Highlands neighborhood, convenient to transportation and shopping.
Type:Multi-family
Property size:
3,064 SFPrice / SF:
$220/SF- Added:
- Apr 11, 2026
- Days on Market:
- 53
- Last Refresh:
- May 18 at 10:13 pm
Property Features for 27 Shaw Street
General Information
- Standard status
- Active
- Size
- 3,064 SF
- Property subtype
- Multi-family
Building Details
- Year Built
- 1900
Listing office Keller Williams Realty - Merrimack
Listing date Apr 11, 2026
Source Longwoodresidential
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 Keller Williams Realty - Merrimack
HighLights
- Prime commuter‑friendly location near the T‑station, Lowell Connector, Route 495, and Route 3.
- Two‑family home offering flexibility for owners or investors.
- First‑floor unit delivered vacant at closing.
- Second unit spans two levels with 4 bedrooms and a bonus room.
- Leased solar panels help reduce energy costs.
- Located in the desirable Highlands neighborhood near shopping.
Overview
This two-family home is located in the Highlands neighborhood. The first-floor unit includes 3 bedrooms, a spacious kitchen, and a large living room. The second unit spans two levels and features 4 bedrooms, a bonus room suitable for an office or guest space, a large eat-in kitchen, and a living room. The property is conveniently located near shopping, the T-station, and the Lowell Connector, offering access to Route 495 and Route 3. The first floor unit will be delivered vacant at closing. The property has leased solar panels that help reduce energy costs. The property size is 3064 square feet.
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 | $93.8k | $30.60 |
| − Vacancy | −$7.0k | −$2.30 |
| EGI | $86.7k | $28.31 |
| − OpEx | −$26.0k | −$8.49 |
| NOI | $60.7k | $19.81 |
3,064 SF · lease $30.60/SF/yr · vacancy 7.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$867.3K
$758.9K – $1.01M
NOI $60,709 @ 7.0% cap · market cap 8.99%
Second Best
Apartment 5plus
$780.8K
$683.2K – $911.0K
NOI $54,657 @ 7.0% cap · market cap 8.10%
Theoretical Best
Office A
$1.08M
$943.6K – $1.26M
NOI $75,489 @ 7.0% cap · market cap 11.18%
Zoning and permitted uses should be independently verified with local authorities.
Location Intelligence
Current Use by Public Records
METROPOLIS PRE-FORECLOSURES & ACQUISITIONS
Financial Advisor
Location Insight
- Map
- Local Demand
- City
- Lowell
- County
- Middlesex
- State
- Massachusetts
- Longitude
- -71.3219113
- Latitude
- 42.6311458
Nearby Similar for Sale
FAQs
What type of property is this?
Duplex - Two-family home in Highlands neighborhood, convenient to transportation and shopping.
Where is this duplex located?
The property is located at 27 Shaw Street Lowell, MA.
What is the asking price?
The asking price for this property is $675,000.
What are key features of this property?
This property features: Prime commuter‑friendly location near the T‑station, Lowell Connector, Route 495, and Route 3.; Two‑family home offering flexibility for owners or investors.; **First‑floor unit delivered vacant at closing.**
