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39 Groves Ave, Lowell MA 01852

$649,999

Estimated $1,593.47/month Calculator

Multi Family

Total Units: 2

Price Per Unit: $324,999.50

Total Rent: 56400/year

Estimated CAP Rate: 7.68%

9 Bedrooms

3 Full Baths

3,567 SqFt

Total Parking: 2

2,614 SqFt

Welcome to this distinctive 2-family property, ideal for owner-occupants or savvy investors. Since purchase, the home has undergone upgrades, including a brand-new roof and addition of a second kitchen in the upper unit, creating a unique and highly functional layout. Second Floor Unit:3 bedrooms + bonus room with closet and rear deck access. Full bathroom, spacious living room, two separate kitchens for flexible. use (perfect for extended family, rental setup, or shared living). Recently updated finishes and systems. First Floor Unit:4 bedrooms: Full bathroom, Kitchen and living room, Basement access used for storage and recreation. Additional Features: New roof installed within the last 2 years, enhanced plumbing and updated finishes throughout. Situated on a quiet dead-end street (Groves Ave). This upgraded property offers versatile living options and strong rental potential in a quiet, convenient location. Can be delivered vacant.

This home has been viewed 63 times

Last Checked: September 5th, 2025 at 1:23am (Source: MLS PIN #73365299)

Gross Income: $56,400

Gross Expenses: $6,474

Net Income Calc: $49,926

CAP Rate: 7.68%

Annual Expenses for 39 Groves Ave, Lowell MA 01852

Total Gross Expenses (Calculated)$6,474/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax$6,474

Annual Income & Unit Breakdown for 39 Groves Ave, Lowell MA 01852

Total Gross Income (Calculated)$56,400

Unit 1

Rental Income$1,700

LeaseN

Bedrooms4

Bathrooms1 Full

Floor1

Levels in Unit1

HeatingNo

Rent Includes

Unit 2

Rental Income$3,000

LeaseN

Bedrooms6

Bathrooms2 Full

Floor2

Levels in Unit2

HeatingNo

Rent Includes

General Information for 39 Groves Ave, Lowell MA 01852

Listing ID73365299

Property TypeMulti Family

Price$649,999 ($182.23/SqFt)

StyleMulti Family

CityLowell

CountyMiddlesex

MLS Area

Neighborhood(s)

Approximate Living Area Total3,567 SqFt

Approximate Lot Size (Acres)0.06 acres

Total Parking2

Garage Parking

Year Built1900

Year Built SourcePublic Records

Year Renovated

Year Built DetailsApproximate

Water

Sewer

Electric

Hot Water

Roof Material

Basement

Construction Materials

Lot FeaturesOther

Foundation Area

Foundation DescriptionStone,Irregular

Accessible Features

Outdoor Space

ZoningTTF

Zoning Details

Water ViewsNo

Water Views Features

WaterfrontNo

Waterfront Features

Energy Features

Terms

Disclosures for 39 Groves Ave, Lowell MA 01852

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$56,400

Total Net Income By Broker$56,400

For Sale By OwnerNo

Short Sale / Forclosure (Bank Owned)

Buyer Agent Compensation2%

Facilitator Compensation

Sub-Agent Compensation

Compensation Based On

Financial Information for 39 Groves Ave, Lowell MA 01852

Real Estate Taxes$6,474

Tax Year2025

Assessed Value$563,900

Financial Data Source

Total Gross Expenses By Broker$0

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker$56,400

BostonRealEstate.com Gross Income

Total Net Income By Broker$56,400

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

CAP Rate (BostonRealEstate.com)7.68%

Location Information for 39 Groves Ave, Lowell MA 01852

Elementary School

Middle School

High School

Neighborhood(s)

MLS Area

Area Amenities

Contact Information for 39 Groves Ave, Lowell MA 01852

Agent

Name: Orlando Cruz

Office

Name: Orlando Cruz Realty

Phone: 857-728-4341

Team Members

Payment Calculator

, Interest

Property Taxes 539.5

Principal & Interest 4005.09

HOA Dues $0

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Orlando Cruz Realty

Orlando Cruz

Agent Phone

Office Phone

(857) 728-4341

Text Agent Call Agent Call Office

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EXIT