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40-48 Primrose Hill Rd, Dracut MA 01826

Dracut, MA 01826
$950,000
Est. $5,423/month
8
Beds
4
Baths
2,700
Sq Ft
$352
Price/Sq Ft
0.14
Acres
1900
Year Built
8
Parking
10 hours 10 minutes
Time on Market
Active Listed Jul 15, 2026 • MLS# 73550446 Copied! • Updated Jul 16, 2026

About this home

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.

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Recently Sold Nearby

Property History

Property Timeline

🏠
Listed for Sale
Jul 15, 2026
$950,000
Original listing
Agent: Patrick Hermans Office: J. Borstell Real Estate, Inc.

Tax History

Year Taxes Assessment
2026 $5,030 $520,200

Financial Details

Annual Property Tax
$5,030
Tax Year 2026
Assessed Value
$520,200

Facts & Features

Home Facts

Type Residential Income
Style 4 Family
Year Built 1900
Living Area 2,700 sq ft
Lot Size 0.14 acres
Bedrooms 8
Full Baths 4
Total Rooms 16

Investment Metrics

Units 4
Unit 1 Rent $1,800/mo · N
Unit 2 Rent $1,800/mo · N
Unit 3 Rent $1,900/mo · N
Unit 4 Rent $1,900/mo · N
Total Monthly Rent $7,400/mo
Gross Income $87,600
Net Operating Income $79,199
Operating Expenses $9,601
Water/Sewer Expense $2,400
Insurance Expense $3,681
Cap Rate 8.34%
Heating None
Cooling None
Flooring None
Appliances None
Fireplace None
Basement Full
Laundry None
Features None
Construction Frame
Architecture None
Roof Shingle
Features None
Pool None
Spa None
Fencing Fenced/enclosed, Fenced
Patio/Porch None
Features Paved Drive, Off Street
Total Spaces 8
Electric None
Water Public
Sewer Public Sewer
Gas None
Other None

Financial

Annual Tax $5,030
Assessed Value $520,200
Fee Includes None
Amenities None
Optional Fee Includes None
Down Payment Resource Eligible
Seller Disclosures None
Possession None
Accepted Financing None
Structure Type []
Sq Ft Source Public Record
Documents None
County Middlesex
Total market time (incl. prior listings) 1 days

Property Overview

Property Type
4 Family
Listing Type
For Sale
Year Built
1900
Bedrooms
8
Full Bathrooms
4
Living Area
2,700 sq ft
Total Rooms
16
Stories
4
Levels
4

Room Details

Other Floor

Bathroom1
Bedroom5
Bedroom4
Bedroom3
Dining Room
Kitchen
Bathroom2
Bedroom2
Living Room
Bathroom3
Master Bedroom
Office
Family Room
Master Bathroom

Interior Features

Flooring:
Appliances:
Interior Features:
Windows:
Basement: Full
Laundry:
Security:

Construction & Materials

Year Built: 1900
Structure Type:
Exterior Materials: Frame
Roof: Shingle
Foundation: Stone
Stories: 4

Heating, Cooling & Utilities

Heating:
Cooling:
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features:
Patio & Porch:
Fencing: Fenced/Enclosed, Fenced
Other Structures:
Lot Features:
Road Surface:

Parking & Garage

Total Parking Spaces: 8
Parking Features: Paved Drive, Off Street

Special Features

Waterfront: Yes
Waterfront Type: Waterfront, River
Community Amenities:
School District
Dracut School District local
C+
School Safety 2024-25
1.7% Average
1.7% Suspensions 1.8% In-School
3.8% below state avg
E

Elementary Schools

5 schools
B-
Brookside Elementary School
0.9 mi | #464 of 824 | Score: 45.7
Improved 61 spots from last year
-12.5 below state avg
487 students Diverse
Rising School Diverse Student Body
Grades PK-05
B
George H. Englesby Elementary School
0.9 mi | #395 of 824 | Score: 48.0
Improved 76 spots from last year
-10.2 below state avg
520 students Diverse
Rising School Diverse Student Body
Grades K-05
Atlas Academy
1.9 mi
Grades PK-03
B-
Greenmont Avenue School
2.3 mi | #442 of 824 | Score: 46.3
Dropped 99 spots from last year
-11.9 below state avg
211 students Diverse
Diverse Student Body
Grades K-05
B-
Joseph A Campbell Elementary School
4.5 mi | #425 of 824 | Score: 47.0
Dropped 38 spots from last year
-11.2 below state avg
565 students Moderate
Grades PK-05
M

Middle Schools

1 school
B
Justus C. Richardson Middle School
0.8 mi | #172 of 352 | Score: 42.7
Improved 53 spots from last year
-15.5 below state avg
916 students Diverse
Rising School
Grades 06-08
H

High Schools

1 school
C+
Dracut Senior High School
0.8 mi | #223 of 346 | Score: 49.2
Dropped 61 spots from last year
-9 below state avg
792 students Diverse
17 sports • 1,364 athletes
College Ready Curriculum Strong Athletics
Grades 09-12
Learn about these ratings

Monthly Payment Calculator

Monthly Payment
$0
Principal, interest, taxes & insurance
Loan Amount
$0
After down payment
Total Interest
$0
Over life of loan
Total Cost
$0
Including down payment
%
Down: $0
%

Monthly Payment Breakdown

Principal & Interest $0
Property Tax $419
Homeowners Insurance $200
PMI (if <20% down) $0

Loan Summary

Total of 360 payments $0
Total principal paid $0
Total interest paid $0

Rate Impact

-0.5% Rate
$0/mo
Save $0/mo
Current Rate
$0/mo
+0.5% Rate
$0/mo
Cost $0/mo

Payment Over Time

Interest
Principal
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
* Estimates only. Actual payments may vary. Consult with a lender for accurate figures.

Location

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Neighborhood

40-48 Primrose Hill Rd, Dracut MA 01826

Dracut, MA 01826

Listing Information

Listing Agent Patrick Hermans
Listing Office J. Borstell Real Estate, Inc.
Office Phone 978-502-8045
Agent MLS ID CN225762
Office MLS ID G80038
Listing Data Updated Jul 16, 2026 3:30 AM EDT
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

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Steven Novak
Steven Novak
BMN Boston Real Estate
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40-48 Primrose Hill Rd, Dracut MA 01826 - Photo 1 40-48 Primrose Hill Rd, Dracut MA 01826 - Photo 2 40-48 Primrose Hill Rd, Dracut MA 01826 - Photo 3 40-48 Primrose Hill Rd, Dracut MA 01826 - Photo 4 40-48 Primrose Hill Rd, Dracut MA 01826 - Photo 5 40-48 Primrose Hill Rd, Dracut MA 01826 - Photo 6 40-48 Primrose Hill Rd, Dracut MA 01826 - Photo 7 40-48 Primrose Hill Rd, Dracut MA 01826 - Photo 8 40-48 Primrose Hill Rd, Dracut MA 01826 - Photo 9 40-48 Primrose Hill Rd, Dracut MA 01826 - Photo 10 40-48 Primrose Hill Rd, Dracut MA 01826 - Photo 11 40-48 Primrose Hill Rd, Dracut MA 01826 - Photo 12 40-48 Primrose Hill Rd, Dracut MA 01826 - Photo 13 40-48 Primrose Hill Rd, Dracut MA 01826 - Photo 14 40-48 Primrose Hill Rd, Dracut MA 01826 - Photo 15 40-48 Primrose Hill Rd, Dracut MA 01826 - Photo 16 40-48 Primrose Hill Rd, Dracut MA 01826 - Photo 17 40-48 Primrose Hill Rd, Dracut MA 01826 - Photo 18 40-48 Primrose Hill Rd, Dracut MA 01826 - Photo 19
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BMN Boston Real Estate

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