Two-Family Residential Income
35 Shaw Street Lowell, MA 01851
35 Shaw Street, Lowell, MA, 01851
$999,000
For Sale
$999,000
Built in 2020, this two-family home features open-concept layouts, private in-unit laundry, and direct patio access.
Property Size3,032 SF
Price / SF$329.49
Days on Market27
Property Features for 35 Shaw Street
General Information
- Standard status
- Active
- Size
- 3,032 SF
- Property subtype
- Multi-family
Building Details
- Year Built
- 2020
Listing agency
Leopold & McMasters Realty
Listed by
The Young Group
(508) 287-2695
Source
Demakis
Added: Jun 27 Updated: Jul 23 at 2:01AM Checked: Jul 23 at 2:01AM
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 Leopold & McMasters Realty
Investment Insights
Based on property information with market context.
Built in 2020, this well-maintained two-family home offers modern, functional living arrangements with an open-concept design in each unit. Both units include private in-unit laundry, separate utilities, and direct access to a generous patio.
The unfinished basement provides additional storage and may offer room for future expansion, subject to buyer due diligence, zoning requirements, and applicable municipal approvals.
The property is conveniently located near shopping, restaurants, parks, schools, public transportation, and major commuter routes, supporting easy day-to-day access for residents.
The unfinished basement provides additional storage and may offer room for future expansion, subject to buyer due diligence, zoning requirements, and applicable municipal approvals.
The property is conveniently located near shopping, restaurants, parks, schools, public transportation, and major commuter routes, supporting easy day-to-day access for residents.
Key Highlights
- Two‑family home built in 2020 with open‑concept layouts
- Each unit has private in‑unit laundry
- Separate utilities for each unit
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 | $92.8k | $30.60 |
| − Vacancy | −$7.0k | −$2.30 |
| EGI | $85.8k | $28.31 |
| − OpEx | −$25.7k | −$8.49 |
| NOI | $60.1k | $19.81 |
3,032 SF · lease $30.60/SF/yr · vacancy 7.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$858.2K
$750.9K – $1.00M
NOI $60,075 @ 7.0% cap · market cap 6.01%
Second Best
Apartment 5plus
$772.7K
$676.1K – $901.4K
NOI $54,086 @ 7.0% cap · market cap 5.41%
Theoretical Best
Office A
$1.07M
$933.8K – $1.25M
NOI $74,701 @ 7.0% cap · market cap 7.48%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Built in 2020, this two-family home features open-concept layouts, private in-unit laundry, and direct patio access.
Where is this duplex located?
The property is located at 35 Shaw Street Lowell, MA.
What is the asking price?
The asking price for this property is $999,000.
What are key features of this property?
This property features: Two‑family home built in 2020 with open‑concept layouts; Each unit has private in‑unit laundry; Separate utilities for each unit
