Flip report generated Jan 30, 2025
The Flip Potential of
471 Butman Rd Lowell, MA
is medium.
Current Specs
3 Bed / 1.5 Bath
1,805 sqft
$336 per sqft
Estimated Value$605,972
Flip Advice
The property at 471 Butman Rd, Lowell, MA, is located in the desirable Belvidere neighborhood. With a current listing price of $264,900 and a potential valuation of around $605K, it shows promise. However, given its age and needed repairs, the flip potential might be limited as it requires significant work to match higher-end comps averaging around $620K to $740K.
Consider targeting cosmetic updates to enhance the property's appeal without major structural changes. Focus on kitchen and bathroom renovations, which typically yield high returns. Given the current market conditions, this property could serve well as a comfortable family home, but investors should weigh the ROI carefully against potential renovation costs.
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.