Two-Unit Duplex with
51 Rosemont Street, Lowell, MA 01854
For Sale
$629,000
Well-maintained two-family duplex with eat-in kitchens, enclosed front porch, off-street parking, and laundry in building.
Property Size1,812 SF
Price / SF$347.13
Days on Market173
Property Features for 51 Rosemont Street
General Information
Standard status
Size
Property subtype
Lease Term
Site & Location
Neighborhood
Additional Details
Multifamily Units
Amenities
enclosed front porch
spacious back yard
laundry in building
off street parking
Building Details
Year Built
Listing Agency:
Blue Ocean Realty,LLC
Listed By:
Ying Lin
(917) 331-9699
Source:
Cabotandcompany
Added: May 19
Changed: Nov 6
Last Checked: Nov 6 at 10:43AM
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 Blue Ocean Realty,LLC
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Investment Insights
Based on property information with market context.
This well-maintained two-family duplex is designed for an owner-occupant or investor setup, with one unit available alongside a tenant-occupied unit sold as-is. Both units include good-sized rooms and large eat-in kitchens. The property features an enclosed front porch for private use and a spacious back yard. Off-street parking is provided, and laundry is located in the building.
The duplex is near the Dracut line and within about five minutes’ walk to UMass Lowell North campus lecture hall, with the campus garage nearby.
The building’s layout supports comfortable daily living in each unit, with dedicated spaces such as eat-in kitchens, an enclosed entry porch, and shared exterior space in the form of the back yard.
The duplex is near the Dracut line and within about five minutes’ walk to UMass Lowell North campus lecture hall, with the campus garage nearby.
The building’s layout supports comfortable daily living in each unit, with dedicated spaces such as eat-in kitchens, an enclosed entry porch, and shared exterior space in the form of the back yard.
Key Highlights
- 1925‑built, well‑maintained 2‑family duplex with two separate units
- Both units feature large eat‑in kitchens and good‑sized rooms
- Enclosed front porch provides private outdoor space for each unit
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$35,902
Cap Rate
5.71%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$718,040
$718.0K
Cap Rate 7%
$512,886
$512.9K
Cap Rate 9%
$398,911
$398.9K
Market Conditions
NOI Build-Up for 1,812 SF
Gross rent
$55.4K $30.60/SF
− Vacancy
−$4.2K −$2.30/SF
EGI
$51.3K $28.31/SF
− OpEx
−$15.4K −$8.49/SF
NOI
$35.9K $19.81/SF
Area
Lowell, MA
Vacancy
7.50%
Lease Rate
$30.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$718,040
Cap Rate 7%
$512,886
Cap Rate 9%
$398,911
Alternative Uses
Best Use
Multifamily LT 5
$512.9K
$448.8K – $598.4K
NOI $35,902 @ 7.0% cap · market cap 5.71%
Second Best
Apartment 5plus
$461.8K
$404.0K – $538.7K
NOI $32,323 @ 7.0% cap · market cap 5.14%
Theoretical Best
Office A
$637.8K
$558.0K – $744.1K
NOI $44,643 @ 7.0% cap · market cap 7.10%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
602
Businesses Nearby
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Business Placement
Demographics for 01854, MA
29,561
Population
10,960
Households
2.7
Avg Household Size
31
Median Age
30%
College-Educated
85%
High-School Grad
4.0 sq mi
ZIP Area
7,390
Density / Sq Mi
$70,397
Median Household Income
$39,216
Median Earnings
$1,477
Median Rent
$360,500
Median Home Value
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Market
Average Price Trend$/SF for Duplexes in Lowell, MA
Properties on Market for Duplexes in Lowell
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Well-maintained two-family duplex with eat-in kitchens, enclosed front porch, off-street parking, and laundry in building.
Where is this duplex located?
The property is located at 51 Rosemont Street Lowell, MA.
What is the asking price?
The asking price for this property is $629,000.
What are key features of this property?
This property features: 1925‑built, well‑maintained 2‑family duplex with two separate units; Both units feature large eat‑in kitchens and good‑sized rooms; Enclosed front porch provides private outdoor space for each unit
