40-48 Primrose Hill Rd, Dracut MA 01826
Dracut, MA 01826
$950,000
Est. $5,423/month
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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.
| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 07/15/2026 | 🏠 Listed for Sale | $950,000 | - | - | Original listing |
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%
Interior
Heating
None
Cooling
None
Flooring
None
Appliances
None
Fireplace
None
Basement
Full
Laundry
None
Features
None
Exterior
Construction
Frame
Architecture
None
Roof
Shingle
Features
None
Pool
None
Spa
None
Fencing
Fenced/enclosed, Fenced
Patio/Porch
None
Parking
Features
Paved Drive, Off Street
Total Spaces
8
Utilities
Electric
None
Water
Public
Sewer
Public Sewer
Gas
None
Other
None
Financial
Annual Tax
$5,030
Assessed Value
$520,200
HOA & Community
Fee Includes
None
Amenities
None
Optional Fee Includes
None
Down Payment Resource
Eligible
MA Disclosures
Seller Disclosures
None
Additional Details
Possession
None
Accepted Financing
None
Structure Type
[]
Sq Ft Source
Public Record
Documents
None
County
Middlesex
Total market time (incl. prior listings)
4 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
Floor Layout
Interactive room guide
Floor Layout
Finished Area
2,700 sq ft above grade
Display Options
Room Markers
BABathroom (4)
BRBedroom (5)
DDining (1)
KKitchen (1)
LLiving (2)
OOffice (1)
Conceptual diagram based on MLS room data. It is not to scale and is not a substitute for architectural plans or on-site measurements.
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:
Nearby Schools
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
Elementary Schools
3 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
Middle Schools
3 schools
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
C
Dr. An Wang School
2.5 mi
|
#255 of 352
|
Score: 35.9
Improved 38 spots from last year
-22.3 below state avg
663 students
Very Diverse
Rising School
Diverse Student Body
Grades 05-08
C-
Henry J Robinson Middle School
2.9 mi
|
#288 of 352
|
Score: 32.5
Improved 31 spots from last year
-25.7 below state avg
600 students
Diverse
Rising School
Diverse Student Body
Grades 05-08
High Schools
3 schools
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
B-
Greater Lowell Regional Vocational Technical School
2.8 mi
|
#182 of 346
|
Score: 52.8
Improved 129 spots from last year
-5.4 below state avg
2,314 students
Very Diverse
High Graduation Rate
Rising School
Career Tech Programs
Diverse Student Body
Grades 09-12
Old Colony Y Lowell Revocation Program
3.0 mi
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
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 19, 2026 3:06 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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