Multi-Family Residence with
30 Barker Street Lowell, MA 01850
30 Barker Street, Lowell, MA, 01850
$649,000
For Sale
$649,000
Multi-family property with two full baths and one half bath, recent exterior paint, and off-street parking via a two-car garage.
Property Size2,539 SF
Lot Size0.07 Acres
Price / SF$255.61
Days on Market84
Property Features for 30 Barker Street
General Information
- Standard status
- Active
- Size
- 2,539 SF
- Lot size
- 0.07 Acres
- Property subtype
- Multi-family
Building Details
- Year Built
- 1890
Listing agency
Berkshire Hathaway HomeServices Verani Realty
Listed by
Patricia Burke
(978) 537-8301
Source
Foster-healey
Added: Apr 30 Updated: Jul 21 at 10:41PM Checked: Jul 22 at 7:33AM
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 Berkshire Hathaway HomeServices Verani Realty
Investment Insights
Based on property information with market context.
This multi-family residence offers approximately 2,539 square feet of living space and includes upgrades to kitchens and baths. The home features two full bathrooms and one half bathroom, along with bedrooms designed to support flexible living arrangements. The exterior has been recently painted, and additional improvements are noted in the property remarks. A two-car garage provides convenient off-street parking and extra storage.
The property is situated on a 3,049 square foot lot at 30 Barker Street in Lowell, Massachusetts.
With its updated interior finishes, three total bathrooms, and attached parking/storage through the two-car garage, the layout is positioned for either owner-occupant or income-focused use while maintaining a practical residential feel.
The property is situated on a 3,049 square foot lot at 30 Barker Street in Lowell, Massachusetts.
With its updated interior finishes, three total bathrooms, and attached parking/storage through the two-car garage, the layout is positioned for either owner-occupant or income-focused use while maintaining a practical residential feel.
Key Highlights
- Multi‑family residence built in 1890 with 2,539 sq ft of living space
- Includes 2 full bathrooms and 1 half bathroom
- Upgraded kitchens and baths
Local Financial Insights For Apartment 5plus
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 | $88.4k | $34.80 |
| − Vacancy | −$6.0k | −$2.37 |
| EGI | $82.3k | $32.43 |
| − OpEx | −$37.1k | −$14.60 |
| NOI | $45.3k | $17.84 |
2,539 SF · lease $34.80/SF/yr · vacancy 6.80% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$647.0K
$566.2K – $754.9K
NOI $45,292 @ 7.0% cap · market cap 6.98%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$893.6K
$781.9K – $1.04M
NOI $62,554 @ 7.0% cap · market cap 9.64%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Multifamily properties
Similar For Sale Nearby
FAQs
What type of property is this?
Multifamily property - Multi-family property with two full baths and one half bath, recent exterior paint, and off-street parking via a two-car garage.
Where is this multifamily property located?
The property is located at 30 Barker Street Lowell, MA.
What is the asking price?
The asking price for this property is $649,000.
What are key features of this property?
This property features: Multi‑family residence built in 1890 with 2,539 sq ft of living space; Includes 2 full bathrooms and 1 half bathroom; Upgraded kitchens and baths
