Flip report generated Jan 30, 2025
The Flip Potential of
53 Joffre St Lowell, MA
is medium.
Current Specs
3 Bed / 2 Bath
1,515 sqft
$301 per sqft
Estimated Value$455,868
Flip Advice
This property at 53 Joffre St in Lowell, MA offers solid flip potential due to its prime location in the Highlands neighborhood, which has a median listing price of $589K. However, the property has been recently renovated, which may limit the return on investment from further improvements. The average sold price for comparable properties is around $541K, indicating a profitable resale opportunity.
Consider minor cosmetic updates to enhance curb appeal and modernize the interior without extensive renovations, as the property is already in good shape. Target a sale price that aligns with the average sold prices of similar homes in the area to maximize your return while appealing to prospective buyers. Given the desirability of the neighborhood, this approach is likely to attract interest.
The accuracy of the Frontflip report and its applicability to your circumstances are not guaranteed. This calculator is offered for educational purposes only, and is not a substitute for professional advice. All figures provided by the Frontflip calculator are estimates only and are not reflective of what your actual results may be.