
97 Forest #2 Lowell — Photo 1 of 39
$399,900
Investment Analysis — 97 Forest #2
Lowell, MA 01851 — Highlands
Based on HUD Small Area Fair Market Rent for Lowell, MA HUD Metro FMR Area, a 3-bedroom in 01851 carries an estimated $2,720/mo in gross rent — about a 4.73% cap rate and $18,926/yr in estimated NOI at the $399,900 list price. Adjust every assumption in the calculator below.
Beds
3
Baths
2.5
SqFt
1,257
Style
Condominium
Built
1987
A rare find in Lowell’s desirable Upper Highlands! This spacious four-level condo offers hardwood floors throughout and an impressive amount of living space. The main level features a welcoming living room with a charming window seat and built-in storage, a kitchen with granite countertops, a convenient half bath, and access to a private deck. The second level features two comfortable bedrooms and a full bath, while the skylit top-floor loft adds 200+ sq. ft. of versatile bonus living space, perfect for an office, lounge, guest space, or creative retreat. The partially finished lower level adds a third bedroom with a closet and full bath, offering privacy and even more room to spread out. A low condo fee and major association improvements within the last 10 years add to the appeal. Offering 3 bedrooms, 2.5 baths, and four distinct levels of living in the beautiful Upper Highlands, this is far from your typical condo, combining space, character, and a residential neighborhood feel with easy access to shopping, dining, public transit, and major commuter routes! *Please park on the street for Open houses and showings*
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 MLS and other third-party data may be inaccurate or out of date.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.
Open Houses
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Range • Dishwasher • Disposal • Microwave • Refrigerator • Washer • Dryer
Neighborhood
Public Transportation • Shopping • Tennis Court(s) • Park • Medical Facility • Laundromat
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl First14 x 16
Ceiling Fan(s), Flooring - Hardwood, Lighting - Overhead, Window Seat
Kitchen
Lvl First17 x 13
Flooring - Stone/Ceramic Tile, Pantry, Countertops - Stone/Granite/Solid, Deck - Exterior, Slider, Washer Hookup, Gas Stove, Lighting - Overhead
Primary Bedroom
Lvl Second15 x 10
Ceiling Fan(s), Closet, Flooring - Hardwood, Lighting - Overhead, Closet - Double
Bedroom 2
Lvl Second10 x 13
Bedroom 3
Lvl Basement10 x 13
Bathroom - 3/4, Flooring - Laminate, Lighting - Overhead
Bathroom 1
Lvl First5 x 4
Bathroom - Half
Bathroom 2
Lvl Second9 x 5
Bathroom - Full, Bathroom - Tiled With Tub, Flooring - Stone/Ceramic Tile, Lighting - Overhead
Bathroom 3
Lvl Basement4 x 7
Listing Agent: Touchstone Partners Team
Listing Office: Keller Williams Realty-Merrimack
MLS® Number: 73579309

