This beautifully maintained Italianate two-family home, rich in history and crowned with a distinctive cupola overlooking the city, seamlessly blends timeless charm with thoughtful modern updates. This historic property offers 2 spacious units that boast 4 bedrooms, a full b...
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Last Checked: May 31st, 2025 at 9:23am (Source: MLS PIN #73343606)
Gross Income: $31,200
Gross Expenses: $6,892
Net Income Calc: $24,308
CAP Rate: 3.33%
Annual Expenses for 57-59 Varney St, Lowell MA 01854
Total Gross Expenses (Calculated)$6,892/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax$6,892
Annual Income & Unit Breakdown for 57-59 Varney St, Lowell MA 01854
Total Gross Income (Calculated)$31,200
Unit 1
Rental Income$2,600
LeaseN
Bedrooms4
Bathrooms1 Full
Floor1
Levels in Unit1
HeatingYes
Rent IncludesUnit 1(water), Unit 2(water)
Unit 2
Rental Income$0
LeaseN
Bedrooms4
Bathrooms1 Full
Floor2
Levels in Unit2
HeatingYes
Rent IncludesUnit 1(water), Unit 2(water)
General Information for 57-59 Varney St, Lowell MA 01854
Listing ID73343606
Property TypeMulti Family / 2 Family
Price$729,000 ($209.78/SqFt)
Style2 Family - 2 Units Up/down
CityLowell
CountyMiddlesex
MLS Area
Neighborhood(s)
Approximate Living Area Total3,475 SqFt
Approximate Lot Size (Acres)0.21 acres
Total Parking6
Garage Parking
Year Built1862
Year Built SourcePublic Records
Year Renovated
Year Built DetailsCertified Historic
Water
Sewer
Electric
Hot Water
Roof Material
Basement
Construction MaterialsFrame
Lot Features
Foundation Area1560
Foundation DescriptionStone
Accessible Features
Outdoor SpacePorch
ZoningTMF
Zoning Details
Water ViewsNo
Water Views Features
WaterfrontNo
Waterfront Features
Energy FeaturesInsulated Windows
Terms
Disclosures for 57-59 Varney St, Lowell MA 01854
Lead Paint
UFFI
Living Area Includes BasementNo
Living Area DisclosureBuyer to verify measurements. Seller and Listing A
Building Area SourcePublic Records
Title 5
Exclusions
Disclosures
Financial Data Source
Total Gross Expenses By Broker$0
Total Gross Income By Broker$31,200
Total Net Income By Broker$31,200
For Sale By OwnerNo
Short Sale / Forclosure (Bank Owned)
Buyer Agent Compensation
Facilitator Compensation
Sub-Agent Compensation
Compensation Based OnNet Sale Price
Financial Information for 57-59 Varney St, Lowell MA 01854
Real Estate Taxes$6,892
Tax Year2024
Assessed Value$578,700
Financial Data Source
Total Gross Expenses By Broker$0
BostonRealEstate.com Gross Expenses
Total Gross Income By Broker$31,200
BostonRealEstate.com Gross Income
Total Net Income By Broker$31,200
BostonRealEstate.com Gross NOI
CAP Rate (based on Broker info)
CAP Rate (BostonRealEstate.com)3.33%
Location Information for 57-59 Varney St, Lowell MA 01854
Elementary SchoolBartlett
Middle SchoolStoklosa
High SchoolLowell High
Neighborhood(s)
MLS Area
Area AmenitiesHouse Of Worship, Public School, Shopping, Medical Facility, Public Transportation, University
Contact Information for 57-59 Varney St, Lowell MA 01854