12 L St Lowell — Photo 1 of 23
Recent Drop: $5,000
$349,900
Investment Analysis — 12 L St
Lowell, MA 01850
Based on HUD Small Area Fair Market Rent for Lowell, MA HUD Metro FMR Area, a 2-bedroom in 01850 carries an estimated $2,170/mo in gross rent — about a 4.84% cap rate and $16,925/yr in estimated NOI at the $349,900 list price. Adjust every assumption in the calculator below.
Beds
2
Baths
1
SqFt
875
Style
Single Family
Built
1920
Welcome to 12 L Street in Lowell! This 2-bedroom, 1-bath home has been thoroughly renovated and is ready for its next owner. The interior has been updated throughout, with a fully rebuilt bathroom and a renovated kitchen featuring new cabinetry, granite countertops, and brand-new appliances. New lighting fixtures, LVP flooring, and carpeting in the bedrooms complete the interior updates and provide a clean, cohesive finish throughout. Washer and dryer hookups have been installed for added convenience.The improvements extend beyond the cosmetics - major exterior and mechanical components have also been addressed, including a new roof, new vinyl windows, new exterior doors, a new boiler, and a new hot water heater. The siding has been repaired and freshly painted, further improving the exterior while reducing the need for immediate maintenance or capital expenditures.The layout offers practical living space with two bedrooms, one full bathroom, and updated common areas that are ready for everyday use. Whether you're a first-time buyer looking for a home that is move-in ready or an investor seeking a renovated property with the major improvements already completed, 12 L Street delivers! Showings begin at the open houses.
ADU Potential
Massachusetts allows one accessory dwelling unit by right in single-family zoning districts statewide (M.G.L. c. 40A §3; 760 CMR 71.00, effective Feb 2025). Estimated maximum ADU size for this property: 438 sq ft (the lesser of 900 sq ft or half the 875 sq ft principal dwelling). Lot size: 871 sq ft.
Based on listing data, which indicates the property type — not the zoning district. Local dimensional, septic (Title 5), and historic-district requirements still apply. Not legal advice — verify with the municipality.
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
Amenities & Appliances
Gas Water Heater • Range • Microwave • Refrigerator • Freezer
Neighborhood
Public Transportation • Shopping • Park • Golf • Medical Facility • Laundromat
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl MainFlooring - Vinyl, Window(s) - Picture, Open Floorplan, Remodeled
Kitchen
Lvl MainBathroom - Full, Flooring - Vinyl, Dining Area, Pantry, Countertops - Stone/Granite/Solid, Dryer Hookup - Electric, Exterior Access, Open Floorplan, Remodeled
Primary Bedroom
Lvl nullCloset, Flooring - Wall to Wall Carpet, Remodeled
Property History
$349,900
Was $354,900
Sep 29, 2026
MLS® 73561827
$354,900
Was $359,900
Sep 15, 2026
MLS® 73561827
$359,900
Aug 11, 2026
MLS® 73561827
$160,000
Oct 23, 2025
MLS® 73444998
$214,900
Oct 17, 2025
MLS® 73444998
Listing Agent: Candor Investment Group
Listing Office: eXp Realty LLC
MLS® Number: 73561827
