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3 Days on market
97 Forest #2 Lowell — Photo 1 of 39

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.

View Standard Listing

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 MLS and other third-party data may be inaccurate or out of date.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

Original Price$399,900
Annual Taxes$3,780
HOA Fee$175

Parking

Garage0
Off-Street2

Interior Specifications

Total Rooms5
FireplacesNone
FlooringTile, Hardwood, Flooring - Hardwood
BasementY

Climate & Utilities

HeatingForced Air
CoolingCentral Air
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofShingle
Foundation--
ZoningTTF

Property & Lot

Acres--
SqFt Lot--
Lot Features--

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

Second
Primary BedroomBedroom 2Bathroom 2
First
Living RoomKitchenBathroom 1
Basement
Bedroom 3Bathroom 3
Living Room
Lvl First

14 x 16

Ceiling Fan(s), Flooring - Hardwood, Lighting - Overhead, Window Seat

Kitchen
Lvl First

17 x 13

Flooring - Stone/Ceramic Tile, Pantry, Countertops - Stone/Granite/Solid, Deck - Exterior, Slider, Washer Hookup, Gas Stove, Lighting - Overhead

Primary Bedroom
Lvl Second

15 x 10

Ceiling Fan(s), Closet, Flooring - Hardwood, Lighting - Overhead, Closet - Double

Bedroom 2
Lvl Second

10 x 13

Bedroom 3
Lvl Basement

10 x 13

Bathroom - 3/4, Flooring - Laminate, Lighting - Overhead

Bathroom 1
Lvl First

5 x 4

Bathroom - Half

Bathroom 2
Lvl Second

9 x 5

Bathroom - Full, Bathroom - Tiled With Tub, Flooring - Stone/Ceramic Tile, Lighting - Overhead

Bathroom 3
Lvl Basement

4 x 7

Listing Provided By

Listing Agent: Touchstone Partners Team

Listing Office: Keller Williams Realty-Merrimack

MLS® Number: 73579309