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$699,000

Active

34 Neofotistos Cir

Dracut, MA, 01826

Multi-Family · MLS #73571886

Price/sqft

$333

Days on market

4 days

Year built

1963

Lot size

0.35 ac

2 full

Baths

2,100 sq ft

Sq Ft

0.35 acres

Lot

1963

Year Built

Taxes: $5,539 (2026)

About this home

Rare opportunity to acquire a side-by-side duplex in a desirable cul-de-sac location near UMass Lowell’s North Campus. This well-positioned two-family property offers approximately 2,100 square feet of living area, with two similar and spacious units. Each unit features 5 rooms, including 3 bedrooms, 1 full bathroom, a private entrance, basement space and separate washer/dryer hookups. The side-by-side configuration provides greater privacy than a traditional up-and-down two-family home and offers flexibility for investors, owner-occupants or buyers seeking a multigenerational living arrangement.Both units are currently occupied, providing immediate rental income. Existing rents are below current market levels, offering potential for future income growth subject to the existing tenancies, applicable laws and buyer due diligence. Tenants pay their own gas heat and electricity, helping limit owner-paid operating expenses.Additional features include ample off-street parking, a generous level yard and separate living arrangements for each household. The property’s location near UMass Lowell creates strong long-term rental appeal. Convenient access to public transportation, shopping, restaurants, downtown Lowell, local employment centers and major commuter routes adds to its investment value.Whether you are an experienced investor looking to expand your rental portfolio or an owner-occupant interested in building equity while collecting income from the second unit, this property offers an attractive combination of space, location, established tenancy and future rental potential. Buyer and buyer’s agent to perform their own due diligence regarding rents, leases, expenses and future rental opportunities.

Location

34 Neofotistos Cir, Dracut, MA, 01826

Property details

Basement
Full, Partially Finished, Walk Out

Listed by Apurva Patel · Bostonville Realty

Schedule a showing

34 Neofotistos Cir

By submitting you agree to be contacted by Antonio Illas.

Estimated payment

$4,365 / month

Down payment20% · $139,800
Interest rate6.71%

Loan term

Principal & interest
$3,612
Property tax
$462
Home insurance
$291

Estimate only. Actual payment may vary based on credit, taxes, HOA, and insurance. Tax estimate uses listed taxes.

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