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Adam Dow

| The Dow Group | #1 Real Estate Team in New Hampshire

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34 Neofotistos Cir , Dracut, MA 01826
$739,000
Est. Payment: $1,642.22/mo
6 Bed
2 Bath
2100 Sqft
Status: Active | Days on site: 12
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House Description

Rare opportunity to acquire a side-by-side duplex in a desirable cul-de-sac location walking distance to UMass Lowell’s North Campus. This well-positioned two-family property offers approximately 2,100 square feet of living area, with two similar and spacious units. Each unit features 5 rooms, including 3 bedrooms, 1 full bathroom, a private entrance, basement space and separate washer/dryer hookups. The side-by-side configuration provides greater privacy than a traditional up-and-down two-family home and offers flexibility for investors, owner-occupants or buyers seeking a multigenerational living arrangement.Both units are currently occupied, providing immediate rental income. Existing rents are below current market levels, offering potential for future income growth subject to the existing tenancies, applicable laws and buyer due diligence. Tenants pay their own gas heat and electricity, helping limit owner-paid operating expenses.Additional features include ample off-street parking, a generous level yard and separate living arrangements for each household. The property’s location near UMass Lowell creates strong long-term rental appeal. Convenient access to public transportation, shopping, restaurants, downtown Lowell, local employment centers and major commuter routes adds to its investment value.Whether you are an experienced investor looking to expand your rental portfolio or an owner-occupant interested in building equity while collecting income from the second unit, this property offers an attractive combination of space, location, established tenancy and future rental potential. Buyer and buyer’s agent to perform their own due diligence regarding rents, leases, expenses and future rental opportunities.

Highlights

Listed by Apurva Patel , 774-217-3906 Bostonville Realty , 774-217-3906.

Property Type

Multi-Family

Lot/Acreage
0.35

Year Built

1963

County

Middlesex

Listing ID

73571886

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:6
  • Bathrooms:2
  • Full Bathrooms:2
Water:Public

Exterior Features

Garage Capacity:6
Zoning:R3
Sewer:Public Sewer
Parking Features:Paved Drive,Off Street,Parking Spaces: 6
Principal Interest
$1,642
Taxes
$462

Home Price

$739,000

Loan Details

30 yrs
%

Down Payment

20%
$147,800
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$1,642.22

Principal

Taxes

Principal Taxes HOA Total
Monthly $1,642.22 $461.58 $0.00 $2,103.81
Yearly $19,706.67 $5,539.00 $0.00 $25,245.67
Total $591,200.00 $166,170.00 $0.00 $757,370.00

Today's Rates

30 Year

0%

20 Year

0%

15 Year

0%

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Market insight data is pulled from the same city as the listing being viewed (Dracut, MA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.