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61 Market St #2B Lowell — Photo 1 of 20

61 Market St #2B Lowell — Photo 1 of 20

$364,900

Investment Analysis — 61 Market St #2B

Lowell, MA 01852

Based on HUD Small Area Fair Market Rent for Lowell, MA HUD Metro FMR Area, a 1-bedroom in 01852 carries an estimated $1,650/mo in gross rent — about a 2.00% cap rate and $7,297/yr in estimated NOI at the $364,900 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

1

Baths

1.5

SqFt

1,102

Style

Condominium

Built

1880

Welcome home! Magnificent loft-style condo located in the desirable Birke Building Condominiums in the heart of downtown Lowell. As you step inside, you'll be nicely greeted by a spacious open concept living area boasting exposed red brick, wood beam ceilings, beautiful hardwood floors, & large double hung windows. A light & bright home w/ natural light throughout. Kitchen is nicely equipped w/ stainless steel appliances, granite countertops, an abundance of cabinetry, a beamed ceiling, a dining area, a breakfast bar, hardwood floors, & a ceiling fan. Large bedroom features an exposed brick wall, hardwood floors, & floor to ceiling windows. Additional flex room could be utilized as an office, den, or playroom. Well-lit bathroom offers a whirlpool tub, granite countertop, & tile floors. In-Unit Laundry. Well maintained complex w/ an elevator & basement storage area. Convenient to public transportation, major routes, shopping, restaurants, & area amenities. Don't miss this opportunity!

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 MLS and other third-party data may be inaccurate or out of date.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

Original Price$374,900
Annual Taxes$3,827
HOA Fee$326.98

Parking

Garage0
Off-Street0

Interior Specifications

Total Rooms4
FireplacesNone
FlooringTile, Hardwood, Flooring - Hardwood
BasementN

Climate & Utilities

HeatingForced Air, Natural Gas
CoolingCentral Air
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionBrick
RoofRubber
Foundation--
ZoningDMU

Property & Lot

Acres--
SqFt Lot--
Lot Features--

Amenities & Appliances

Range • Dishwasher • Disposal • Microwave • Refrigerator • Washer • Dryer

Neighborhood

Public Transportation • Shopping • Park • Medical Facility • Highway Access • House of Worship

Geography

Floorplan Breakdown

Structural Layout

Second
KitchenFamily RoomPrimary BedroomBathroom 1Bathroom 2
Kitchen
Lvl Second

20 x 14

Ceiling Fan(s), Beamed Ceilings, Flooring - Hardwood, Dining Area, Countertops - Stone/Granite/Solid, Breakfast Bar / Nook, Stainless Steel Appliances, Lighting - Overhead

Family Room
Lvl Second

16 x 14

Beamed Ceilings, Flooring - Hardwood, Lighting - Overhead

Primary Bedroom
Lvl Second

16 x 13

Beamed Ceilings, Closet, Flooring - Hardwood

Bathroom 1
Lvl Second

9 x 5

Bathroom - Full, Bathroom - Tiled With Tub & Shower, Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid, Jacuzzi / Whirlpool Soaking Tub, Recessed Lighting

Bathroom 2
Lvl Second

6 x 5

Flooring - Hardwood, Countertops - Stone/Granite/Solid, Recessed Lighting

Listing Provided By

Listing Agent: Paul White

Listing Office: Keller Williams Realty Signature Properties

MLS® Number: 73396935