MA
Middlesex
Dracut
01826
34 Neofotistos Cir
34 Neofotistos Cir, Dracut, MA 01826
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Listing Type
Multi Family
Listing Status
Active
0
$699,000

Home Details for 34 Neofotistos Cir

Price
$699,000
Type
Residential Income
Bedrooms
6
Total Bathrooms
2
Full Bathrooms
2
Square feet
2100
Year built
1963
Lot size acres
0.35
County
Middlesex
Total rooms
12
Basement
Full, Partially Finished, Walk-Out Access
MLS Listing#
73571886
Property Description

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.

Property Features
  • Basement
    • Full
    • Partially Finished
    • Walk-Out Access
  • Parking
    • Paved
    • Off Street
  • Water Features
    • Public
Listing Courtesy: Bostonville Realty - 774-217-3906
Presented by: Apurva Patel
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85 Wilmington Road, Burlington, MA 01803
Office
781 270 4770
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