305 Nesmith St Lowell — Photo 1 of 36
$865,000
Investment Analysis — 305 Nesmith St
Lowell, MA 01852
Based on rent reported on the MLS listing plus HUD Small Area Fair Market Rent for 1 vacant unit, a 3-unit multi-family in 01852 carries an estimated $5,240/mo in gross rent — about a 4.46% cap rate and $38,563/yr in estimated NOI at the $865,000 list price. Adjust every assumption in the calculator below.
Beds
7
Baths
3
SqFt
3,426
Style
3 Family - 3 Units Up/Down
Built
1890
Elegant, charming, well maintained 3 family on the revered Nesmith St with plenty of historic charm that is perfect for an owner occupant or investor. Walk through the front doors to your gorgeous, De-Leaded two level first floor unit that has two fireplaces, stunning crown molding, hardwood floors, fresh paint and stainless steel appliances. Adorable second floor unit with one over sized bedroom, hardwood floors, and a contemporary kitchen. Third floor unit has 2 bedrooms. Plenty of off street parking, separate utilities, vinyl siding, vinyl windows in the first and second floor, each unit with their own deck, walk out basement with 8 foot ceilings and laundry, tons of natural light, and so much more! Enjoy your over sized yard that is perfect for all your outdoor activities. Ideal location within walking distance to Fort Hill and Shedd Park, close to highways, downtown Lowell, UMass Lowell, the train station, and everything else Lowell has to offer!
Estimates — not financial advice
These figures are illustrative estimates for informational purposes only — not an appraisal, valuation, or guarantee of rent, income, or returns, and not financial, tax, or investment advice. Rent is either the figure reported on the MLS listing — in-place rent that may differ from market and is not verified against the actual leases — or, where the listing reports none, an estimate from HUD Small Area Fair Market Rents, a government benchmark that may differ from actual market rent. Each figure is labelled with its source. Cap rate, NOI, and returns depend on the assumptions shown, which you can change. MLS and other third-party data may be inaccurate or out of date. Verify all figures independently and consult your own financial, tax, and legal advisors before making any investment decision.
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Neighborhood
Public Transportation • Pool • Tennis Court(s) • Park • Walk/Jog Trails • Medical Facility
Geography
Listing Agent: Kenneth Purtell
Listing Office: RE/MAX Innovative Properties
MLS® Number: 73579588
