40-46 Primrose Hill Rd in Dracut presents a strong multifamily investment opportunity featuring four 2-bedroom units. The property offers plenty of off-street parking for tenants and is conveniently located with easy access to local amenities, downtown Lowell and Long Pond. With a desirable unit mix, strong long-term rental potential, and opportunities for property improvements and future rent growth, 40-46 Primrose Hill Rd offers a great place to live or raise a family and gives investors the ability to add value while building a solid long-term investment.
Multi-familyProperty Type
1900Year Built
6,000 sq ftLot Size
$352Price/Sq.Ft.
8 spacesParking
Listed by Patrick Hermans• J. Borstell Real Estate, Inc.
This fully occupied Dracut 4-Family has all separate utilities, off street parking, and in building laundry. Each unit has 4-rooms, 2-bedrooms, and a full bath. The property is close to public transportation, shopping, and many other amenities. Make this an investment that will work for you.
MLS PIN #70363649
Dec 19, 2006
Sold
$290,000
$107/sq ft
Dec 7, 2006
Listing Removed
—
Apr 7, 2006
Listed
$309,900
$115/sq ft
What a price for a 4 family in Dracut! Fully rented - all TAW. Overlooks Beaver Brook. Off-street parking for approx. 10 cars. All apts. have recent interior paint & floor coverings. Needs updating but what an opportunity for an investor or owner occupant!
As the MLS and public records start to fill up, we'll list the details here.
Public record
Beds
—
Baths
—
Stories
—
Lot width
—
Lot depth
—
Lot size
—
Year renovated
—
Finished Sq. Ft.
—
Unfinished Sq. Ft.
—
Total Sq. Ft.
—
Year built
—
Style
Multi-Family (2-4 Unit)
County
Middlesex County
APN
—
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on May 29, 2023.
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
4/10 Heat Factor
7 days above 98° expected this year, 15 days in 30 years
6/10 Wind Factor
27% chance of strong winds in next 30 years
2/10 Air Factor
2 unhealthy days expected this year, 2 days in 30 years
Provided by First Street
Historical weather
Dracut, MA • 01826
Average low and high temperatures (°F)
32
17
35
18
50
30
60
38
68
49
81
59
85
63
82
56
76
53
64
42
51
34
37
22
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
92/ 100
Exceptional sunlight
Sunscore
This home receives average direct sun exposure in Dracut. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
9 hrs
5.1 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 40-48 Primrose Hill Rd
$914,668
$35K under list price of $950K
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $455K to $1.1M.