Welcome to this charming ranch-style two-family home, tucked away on a quiet dead-end street. 86 Elm St. offers a comfortable layout with 2 bedrooms, a spacious living room, and a well-appointed kitchen. The lower level is finished and features a cozy family room and a beautifully tiled half bath, perfect for entertaining or relaxing. Enjoy a flat and usable backyard, ideal for outdoor activities. 88 Elm St. welcomes you with a large family room featuring cathedral ceilings and a sliding door that opens to a huge deck overlooking the flat backyard, complete with a storage shed. This unit includes 3 additional bedrooms and a full bath. The unfinished basement provides an excellent opportunity to create additional living space. Both units have separate utilities and driveways, each accommodating 4+ cars. Additional features include forced hot air by natural gas and central air conditioning for year-round comfort. 88 Elm St. will be delivered vacant at closing.
This home has been viewed 17 times
Last Updated: March 30th, 2025 at 6:48am
Gross Income: $30,000
Gross Expenses: $5,268
Net Income Calc: $24,732
CAP Rate: 3.41%
Annual Expenses for 88 Elm St, Dracut MA 01826
Total Gross Expenses (Calculated)$5,268/year
APOD AvailableNo
Heating$0
Electricity$0
Water$0
Gas$0
Insurance$0
Sewer$0
Trash Removal$0
Repair & Maintenance$0
Management$0
Miscellaneous$0
Real Estate Tax$5,268
Annual Income & Unit Breakdown for 88 Elm St, Dracut MA 01826
Total Gross Income (Calculated)$30,000
Unit 1
Rental Income2500
LeaseY
Bedrooms2
Bathrooms1 Full, 1 Half
Floor1
Levels in Unit2
HeatingYes
Rent IncludesUnit 1(water)
Unit 2
Rental Income0
LeaseN
Bedrooms2
Bathrooms1 Full
Floor2
Levels in Unit2
HeatingYes
Rent IncludesUnit 1(water)
General Information for 88 Elm St, Dracut MA 01826
Listing ID73351529
Property TypeMulti Family / 2 Family
Price$724,999 ($290.46/SqFt)
Style
CityDracut
CountyMiddlesex
MLS Area
Neighborhood(s)
Approximate Living Area Total2,496 SqFt
Approximate Lot Size (Acres)0.28 acres
Total Parking8
Garage Parking
Year Built1961
Year Built SourcePublic Records
Year RenovatedN/A
Year Built DetailsActual,Renovated Since
Water
Sewer
Electric
Hot Water
Roof Material
Basement
Construction MaterialsFrame
Lot FeaturesLevel
Foundation Area
Foundation DescriptionConcrete Perimeter
Accessible Features
Outdoor SpaceDeck, Deck - Wood
ZoningR3
Zoning Details
Water Views
Water Views Features
WaterfrontNo
Waterfront Features
Energy FeaturesScreens
Terms
Interior Features for 88 Elm St, Dracut MA 01826
Disclosures for 88 Elm St, Dracut MA 01826
Lead Paint
UFFI
Living Area Includes BasementYes
Living Area DisclosureLiving area includes finished basement from 86 Elm
Building Area SourcePublic Records
Title 5
Exclusions
Disclosures
Financial Data Source
Total Gross Expenses By Broker$0
Total Gross Income By Broker$30,000
Total Net Income By Broker$30,000
For Sale By OwnerNo
Short Sale / Forclosure (Bank Owned)
Buyer Agent Compensation
Facilitator Compensation
Sub-Agent Compensation
Compensation Based On
Location Information for 88 Elm St, Dracut MA 01826
Elementary SchoolEnglesby
Middle SchoolRichardson
High SchoolDracut High
Neighborhood(s)
MLS Area
Area AmenitiesHouse Of Worship, Laundromat, Public Transportation
Contact Information for 88 Elm St, Dracut MA 01826