Welcome to this beautifully remodeled two-family home, offering a fantastic opportunity for both owner-occupants and investors! The second-floor unit features a beautifully renovated kitchen with stainless steel appliances, tiled backsplash, and newly installed luxury vinyl flooring throughout. This spacious unit offers 4 generously sized bedrooms, a well-appointed bathroom, and washer/dryer hookups. Two new decks will be installed prior to closing, providing additional outdoor living space. The first-floor unit offers 3 good-sized bedrooms, along with a newly remodeled bathroom featuring stylish tile work and washer/dryer hookups. Both units have delead certificates. The first-floor tenant currently pays $1,800 per month and is a tenant-at-will, providing immediate rental income. The property also features a large detached garage and a nicely sized yard, perfect for outdoor entertaining, gardening, or relaxing. Conveniently located near UMass Lowell, the Merrimack River, local shops, restaurants, and outdoor recreation. Enjoy easy access to walking and biking along the river while being close to everyday amenities. With a total of 7 bedrooms, updated living spaces, outdoor space, a detached garage, and rental income already in place, this property is a great opportunity for an owner-occupant or investor looking to add a strong two-family property to their portfolio. Open house Sunday from 12:30pm to 2:30pm. Offer deadline Tuesday at 5pm
This home has been viewed 8 times
Last Checked: September 24th, 2026 at 9:43am (Source: MLS PIN #73577647)
Gross Income: $21,600
Gross Expenses: $6,099
Net Income Calc: $15,501
Annual Expenses for 51 Hampshire St, Lowell MA 01850
Total Gross Expenses (Calculated)$6,099/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax6099
Annual Income & Unit Breakdown for 51 Hampshire St, Lowell MA 01850
Total Gross Income (Calculated)$21,600
Unit 1
Rental Income$0
LeaseN
Bedrooms3
Bathrooms1 Full
Floor1
Levels in Unit1
Rent Includes
Unit 2
Rental Income$0
LeaseN
Bedrooms4
Bathrooms1 Full
Floor2
Levels in Unit2
Rent Includes
General Information for 51 Hampshire St, Lowell MA 01850
Listing ID73577647
Property TypeMulti Family
Price719900 ($254.2/SqFt)
StyleMulti Family
CityLowell
CountyMiddlesex
Neighborhood(s)
Approximate Living Area Total2832
Approximate Lot Size (Acres)0.09
Total Parking4 (1 Garage)
Garage Parking1
Year Built1920
Year Built SourcePublic Records
Year Built DetailsActual
WaterPublic
SewerPublic Sewer
Electric
Hot Water
Roof Material
Basement
Construction Materials
Lot FeaturesGentle Sloping
Foundation Description
Accessible Features
Outdoor Space
ZoningUSF
Water Views
Water Views Features
Waterfront0
Waterfront Features
Terms
Disclosures for 51 Hampshire St, Lowell MA 01850
Lead PaintNone
UFFI
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourcePublic Records
ExclusionsWasher/Dryer And Sellers Personal Items.
Financial Data Source
Total Gross Expenses By Broker
Total Gross Income By Broker
Total Net Income By Broker
Short Sale / Forclosure (Bank Owned)
Compensation Based On
Financial Information for 51 Hampshire St, Lowell MA 01850
Real Estate Taxes6099
Tax Year2025
Assessed Value$531,300
Financial Data Source
Total Gross Expenses By Broker
BostonRealEstate.com Gross Expenses
Total Gross Income By Broker
BostonRealEstate.com Gross Income
Total Net Income By Broker
BostonRealEstate.com Gross NOI
CAP Rate (based on Broker info)
Location Information for 51 Hampshire St, Lowell MA 01850
Neighborhood(s)
Area Amenities
Contact Information for 51 Hampshire St, Lowell MA 01850