This expansive two-family home in the Highlands neighborhood is perfect whether you're looking to live in one unit and rent the other, or are just looking for an investment property. With over 3,200 sq ft, both units offer spacious layouts, hardwood floors, and tons of natural light. So many updates in 2024: new roof, new heating systems/AC for both units, new water heaters for both units, some electrical updates and some plumbing updates. There’s a full basement with plenty of room for storage and new laundry area which includes 2 brand new coin operated washer and 2 brand new coin operated dryers. A detached 2 car garage, and plenty of off-street parking too. Great level back yard with grassy area and a playground. Located close to parks, schools, shops, and major routes. A solid investment in a super convenient location—don’t miss out!
This home has been viewed 19 times
Last Checked: July 9th, 2025 at 4:58am (Source: MLS PIN #73399362)
Gross Income: $68,400
Gross Expenses: $8,339
Net Income Calc: $60,061
CAP Rate: 7.07%
Annual Expenses for 36 Highland Ave, Lowell MA 01851
Total Gross Expenses (Calculated)$8,339/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax$8,339
Annual Income & Unit Breakdown for 36 Highland Ave, Lowell MA 01851
Total Gross Income (Calculated)$68,400
Unit 1
Rental Income$2,950
LeaseN
Bedrooms2
Bathrooms1 Full
Floor1
Levels in Unit1
HeatingYes
Rent IncludesGas, Unit 2(electric, Water), Unit 1(electric
Unit 2
Rental Income$2,750
LeaseN
Bedrooms4
Bathrooms1 Full
Floor2
Levels in Unit2
HeatingYes
Rent IncludesGas, Unit 2(electric, Water), Unit 1(electric
General Information for 36 Highland Ave, Lowell MA 01851
Listing ID73399362
Property TypeMulti Family
Price$849,900 ($264.35/SqFt)
StyleMulti Family
CityLowell
CountyMiddlesex
MLS AreaHighlands
Neighborhood(s)
Approximate Living Area Total3,215 SqFt
Approximate Lot Size (Acres)0.19 acres
Total Parking8 (2 Garage)
Garage Parking2 / Detached
Year Built1930
Year Built SourcePublic Records
Year Renovated
Year Built DetailsApproximate
Water
Sewer
Electric
Hot Water
Roof Material
Basement
Construction MaterialsFrame
Lot FeaturesLevel
Foundation Area
Foundation DescriptionStone
Accessible Features
Outdoor SpacePorch
ZoningTTF
Zoning Details
Water ViewsNo
Water Views Features
WaterfrontNo
Waterfront Features
Energy Features
Terms
Disclosures for 36 Highland Ave, Lowell MA 01851
Lead Paint
UFFINo
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$68,400
Total Net Income By Broker$68,400
For Sale By OwnerNo
Short Sale / Forclosure (Bank Owned)
Buyer Agent Compensation
Facilitator Compensation
Sub-Agent Compensation
Compensation Based On
Financial Information for 36 Highland Ave, Lowell MA 01851
Real Estate Taxes$8,339
Tax Year2025
Assessed Value$726,400
Financial Data Source
Total Gross Expenses By Broker$0
BostonRealEstate.com Gross Expenses
Total Gross Income By Broker$68,400
BostonRealEstate.com Gross Income
Total Net Income By Broker$68,400
BostonRealEstate.com Gross NOI
CAP Rate (based on Broker info)
CAP Rate (BostonRealEstate.com)7.07%
Location Information for 36 Highland Ave, Lowell MA 01851
Elementary SchoolCw Morey
Middle SchoolJames Daley
High SchoolLowell High
Neighborhood(s)
MLS AreaHighlands
Area AmenitiesHighway Access, House Of Worship, Public School, Shopping, Golf, Medical Facility, Laundromat, Public Transportation, T-station, Private School, University
Contact Information for 36 Highland Ave, Lowell MA 01851