Two-Unit Duplex with
For Sale
$629,000
51 Rosemont Street, Lowell, MA 01854
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 Market12
Property Features for 51 Rosemont Street
General Information
Standard status
Active
Size
1,812 SF
Property subtype
Multi-family
Additional Details
Multifamily Units
2
Amenities
enclosed front porch
spacious back yard
laundry in building
off street parking
Building Details
Year Built
1925
Listing Agency:
Blue Ocean Realty,LLC
Listed By:
Ying Lin
(617) 262-6200
Source:
Cabotandcompany
Added: Jul 20
Changed: Jul 25
Last Checked: Jul 30 at 6:09PM
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
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 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 | $55.4k | $30.60 |
| − Vacancy | −$4.2k | −$2.30 |
| EGI | $51.3k | $28.31 |
| − OpEx | −$15.4k | −$8.49 |
| NOI | $35.9k | $19.81 |
1,812 SF · lease $30.60/SF/yr · vacancy 7.50% · expense 30.00%
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.
Property Analytics
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
602
Businesses Nearby
Explore this area
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
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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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
