Active Under Contract

7 Days on market

741 Varnum Ave Lowell — Photo 1 of 42

$474,900

Investment Analysis — 741 Varnum Ave

Lowell, MA 01854

Based on HUD Small Area Fair Market Rent for Lowell, MA HUD Metro FMR Area, a 3-bedroom in 01854 carries an estimated $2,700/mo in gross rent — about a 3.97% cap rate and $18,844/yr in estimated NOI at the $474,900 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

Baths

SqFt

1,474

Style

Single Family

Built

1960

Sparkling clean and truly immaculate, this well-maintained home is ready to welcome its next owner! Enjoy the warmer months relaxing on the enclosed porch or taking a refreshing swim in the beautifully maintained in-ground pool. heated by a solar cover compete wit a reel for easy on and off and a polaris auto vacuum for easy cleaning . Inside, central air provides year-round comfort. The first floor features a spacious living room, three bedrooms, and an updated full bath. Hardwood floors are underneath the carpeting on the first floor, offering an opportunity to add character and appeal. The lower level provides additional living space with a second full bath and a welcoming family room—perfect for entertaining, relaxing, or creating a flexible space to suit your needs. Plenty of storage space in the lower level plus there are pull downstairs to the attic. This home has been well insulated, the roof is about 15 yrs young, and the hot water heater is a few yrs old . Plenty of off-street parking as there are two driveways! Book your showing today!

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: 737 sq ft (the lesser of 900 sq ft or half the 1,474 sq ft principal dwelling). Lot size: 11,326 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.

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