Offer deadline 4/28 at 6pm. Rare Side-by-Side Two-Family in Lowell - One Unit Delivered Vacant. Welcome to this hard-to-find side-by-side two-unit building located in a desirable Lowell neighborhood. This well-maintained multi-family property is perfect for both owner-occupants and investors alike. One of the units is currently rented, providing instant cash flow from day one. Each unit offers a spacious layout, featuring its own private entrance, new quartz countertops, new vinyl floors and separate utilities. Additional highlights include off-street parking, fenced in backyard, and easy access to major highways, schools, parks, and local amenities. Whether you're looking to house-hack, expand your investment portfolio, or occupy and rent, this is a property you don't want to miss. Rarely does a side-by-side two-family with this setup become available in Lowell. Both units are very well maintained with laundry hookups in units, along with separate basements with plenty of storage.
This home has been viewed 20 times
Last Checked: June 20th, 2025 at 4:29am (Source: MLS PIN #73362062)
Gross Income: $22,500
Gross Expenses: $8,494
Net Income Calc: $14,006
CAP Rate: 1.87%
Annual Expenses for 294-296 Humphrey St, Lowell MA 01850
Total Gross Expenses (Calculated)$8,494/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax$8,494
Annual Income & Unit Breakdown for 294-296 Humphrey St, Lowell MA 01850
Total Gross Income (Calculated)$22,500
Unit 1
Rental Income$1,875
LeaseN
Bedrooms2
Bathrooms1 Full, 1 Half
Floor1
Levels in Unit2
HeatingNo
Rent Includes
Unit 2
Rental Income$0
LeaseN
Bedrooms3
Bathrooms1 Full, 1 Half
Floor1
Levels in Unit2
HeatingNo
Rent Includes
General Information for 294-296 Humphrey St, Lowell MA 01850
Listing ID73362062
Property TypeMulti Family / 2 Family
Price$749,900 ($239.2/SqFt)
Style2 Family - 2 Units Side By Side
CityLowell
CountyMiddlesex
MLS Area
Neighborhood(s)
Approximate Living Area Total3,135 SqFt
Approximate Lot Size (Acres)0.18 acres
Total Parking4
Garage Parking
Year Built1988
Year Built SourcePublic Records
Year Renovated
Year Built DetailsActual
Water
Sewer
Electric
Hot Water
Roof Material
Basement
Construction Materials
Lot Features
Foundation Area
Foundation DescriptionConcrete Perimeter
Accessible Features
Outdoor Space
ZoningSMF
Zoning Details
Water ViewsNo
Water Views Features
WaterfrontNo
Waterfront Features
Energy Features
Terms
Disclosures for 294-296 Humphrey St, Lowell MA 01850
Lead Paint
UFFI
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourcePublic Records
Title 5
Exclusions
Disclosures
Financial Data Source
Total Gross Expenses By Broker$0
Total Gross Income By Broker$22,500
Total Net Income By Broker$22,500
For Sale By OwnerNo
Short Sale / Forclosure (Bank Owned)
Buyer Agent Compensation
Facilitator Compensation
Sub-Agent Compensation
Compensation Based On
Financial Information for 294-296 Humphrey St, Lowell MA 01850
Real Estate Taxes$8,494
Tax Year2025
Assessed Value$739,900
Financial Data Source
Total Gross Expenses By Broker$0
BostonRealEstate.com Gross Expenses
Total Gross Income By Broker$22,500
BostonRealEstate.com Gross Income
Total Net Income By Broker$22,500
BostonRealEstate.com Gross NOI
CAP Rate (based on Broker info)
CAP Rate (BostonRealEstate.com)1.87%
Location Information for 294-296 Humphrey St, Lowell MA 01850
Elementary School
Middle School
High School
Neighborhood(s)
MLS Area
Area Amenities
Contact Information for 294-296 Humphrey St, Lowell MA 01850