Four-Unit Residential Income
5 Dublin Street Lowell, MA 01854
New
5 Dublin Street, Lowell, MA, 01854
$924,900
For Sale
$924,900
Four separate units are individually metered with separate utilities, offering a mix of bedroom configurations.
Property Size3,482 SF
Price / SF$265.62
Days on Market3
Property Features for 5 Dublin Street
General Information
- Standard status
- Active
- Size
- 3,482 SF
- Property subtype
- Multi-family
Building Details
- Year Built
- 1920
Listing agency
RE/MAX Innovative Properties
Listed by
Raymond Boutin
(617) 846-8000
Source
Highlandre
Added: Jul 20 Updated: Jul 21 at 5:20PM Checked: Jul 22 at 6:33AM
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 RE/MAX Innovative Properties
Investment Insights
Based on property information with market context.
This four-unit residential income property offers multiple layouts, including two mirror-image 4-bedroom units with large living rooms and full baths. One 4-bedroom unit on the second floor includes an exterior wrap-around porch. Two additional units round out the mix with a first-floor extended studio with one bath, a separate large kitchen, and a private rear entrance, plus a multi-level 3-bedroom, 1-bath unit spread across the second and third floors.
The property is described as conveniently located near downtown Lowell and across from the Canal walkway and Market Basket. It’s also noted as being close to public transportation and UMASS Lowell.
Unit 3 is to be delivered vacant. All units are individually metered with separate utilities. The buyer will cooperate with the seller’s 1031 exchange process, provided participation incurs no additional costs to the buyer.
The property is described as conveniently located near downtown Lowell and across from the Canal walkway and Market Basket. It’s also noted as being close to public transportation and UMASS Lowell.
Unit 3 is to be delivered vacant. All units are individually metered with separate utilities. The buyer will cooperate with the seller’s 1031 exchange process, provided participation incurs no additional costs to the buyer.
Key Highlights
- 4‑unit building built in 1920 with four individually metered units and separate utilities
- Units 1 and 2 feature mirror‑image layouts with 4 bedrooms, large living rooms, and full baths
- 2nd‑floor unit includes a wrap‑around exterior porch in addition to its 4‑bedroom, full‑bath layout
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 | $106.5k | $30.60 |
| − Vacancy | −$8.0k | −$2.30 |
| EGI | $98.6k | $28.31 |
| − OpEx | −$29.6k | −$8.49 |
| NOI | $69.0k | $19.81 |
3,482 SF · lease $30.60/SF/yr · vacancy 7.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$985.6K
$862.4K – $1.15M
NOI $68,991 @ 7.0% cap · market cap 7.46%
Second Best
Apartment 5plus
$887.3K
$776.4K – $1.04M
NOI $62,114 @ 7.0% cap · market cap 6.72%
Theoretical Best
Office A
$1.23M
$1.07M – $1.43M
NOI $85,788 @ 7.0% cap · market cap 9.28%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Quadplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Quadplex - Four separate units are individually metered with separate utilities, offering a mix of bedroom configurations.
Where is this quadplex located?
The property is located at 5 Dublin Street Lowell, MA.
What is the asking price?
The asking price for this property is $924,900.
What are key features of this property?
This property features: 4‑unit building built in 1920 with four individually metered units and separate utilities; Units 1 and 2 feature mirror‑image layouts with 4 bedrooms, large living rooms, and full baths; 2nd‑floor unit includes a wrap‑around exterior porch in addition to its 4‑bedroom, full‑bath layout
