$699,000
Active34 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 Lowells 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 propertys 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 buyers 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
Estimated payment
$4,365 / month
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.
Recently sold