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    Well-Maintained Two-Family Home Title is generated by Realmo AI

    9 Baltimore Ave, Lowell, MA 01851

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    Claim this Listing
    Pending
    $625,000

    MULTI_FAMILY - Lowell, MA

    Property size:
    1,872 SF
    Lot size:
    0.11 Acres
    Added:
    Apr 23, 2026
    Days on Market:
    50
    Last Refresh:
    Jun 11 at 10:06 am

    Property Features for 9 Baltimore Ave

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Zoning
    S2002
    Bedrooms
    4
    Bathrooms
    2
    Rooms
    Bedroom 3, Bathroom 1, Bedroom 4, Bedroom 1, Bedroom 2, Bathroom 2
    Parking
    2
    Standard status
    Pending
    APN
    3184675
    Size
    1,872 SF
    Lot size
    0.11 Acres

    Taxes and HOA fees

    Tax Year
    2026
    Tax Annual Amount
    6964

    Building Details

    Year built
    1965
    Floors in Building
    2
    Number of units
    2

    We can help!

    Listing Contact
    Susan Rochwarg
    Susan Rochwarg

    Listing agent Susan Rochwarg

    Listing office Keller Williams Realty 138 River Road, Suite 107, Andover, MA

    Listing date Apr 23, 2026

    MLS# 73506739 Listing URL

    Copyright © 2026 MLS Property Information Network Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Well‑maintained two‑family home built in 1965 with separate units
    • Each unit has an eat‑in kitchen, spacious living room, 2 bedrooms, and 1 full bath
    • Separate utilities and individual laundry hookup for each unit
    • Two tenants occupied the property with strong tenant history on TAW agreements
    • Exterior includes a fenced yard, three‑season porch, and one‑car parking for each unit plus off‑street parking

    Overview

    This well-maintained two-family home features a large farmer's porch and is situated on a convenient side street. Each unit has a similar layout, including an eat-in kitchen, a spacious living room, two bedrooms, and a full bath. The property is designed for consistent rental income, with separate utilities and individual laundry hookups for each unit. Exterior amenities include a fenced yard, one-car parking for each unit, off-street parking, and a three-season porch. Both units are currently occupied by tenants with strong rental history on TAW agreements, providing immediate income. This property is suitable for investors or owner-occupants looking to build equity. The lot size is 0.1148 acres, and the property size is 1872 square feet. The zoning is S2002.

    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 $57.3k $30.60
    − Vacancy −$4.3k −$2.30
    EGI $53.0k $28.31
    − OpEx −$15.9k −$8.49
    NOI $37.1k $19.81
    1,872 SF · lease $30.60/SF/yr · vacancy 7.50% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $529.9K
    $463.6K – $618.2K (±1% cap)
    NOI $37,091 @ 7.0% cap · market cap 5.93%
    Second Best
    Apartment 5plus
    $477.1K
    $417.4K – $556.6K (±1% cap)
    NOI $33,394 @ 7.0% cap · market cap 5.34%
    Theoretical Best
    Office A
    $658.9K
    $576.5K – $768.7K (±1% cap)
    NOI $46,121 @ 7.0% cap · market cap 7.38%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Accounting Firm

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Lowell
    County
    Middlesex
    State
    Massachusetts
    Longitude
    -71.326885
    Latitude
    42.615423

    FAQs

    What type of property is this?
    Duplex - Two-family home in Lowell, MA, ideal for rental income.
    Where is this duplex located?
    The property is located at 9 Baltimore Ave Lowell, MA.
    What is the asking price?
    The asking price for this property is $625,000.
    What are key features of this property?
    This property features: Well‑maintained two‑family home built in 1965 with separate units; Each unit has an eat‑in kitchen, spacious living room, 2 bedrooms, and 1 full bath; Separate utilities and individual laundry hookup for each unit
    More about this property
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