25 Read St Lowell, MA 01850
Centralville NeighborhoodEstimated payment $3,842/month
About This Home
Strong investment opportunity in Lowell’s Centralville neighborhood. This fully lead-compliant multi-family offers solid fundamentals and upside potential. Conveniently located near Routes 38, 110, and 495 for easy commuter access.The property includes two spacious 3-bedroom units. In addition, there is finished third-floor space currently set up as a studio-style living area. Public record reflects this property as a legal two-family. Buyers to conduct their own due diligence regarding third-floor use and potential options. Each unit has separate gas heat, hot water, and cooking. All units have lead certificates and two means of egress. Off-street parking accommodates at least five vehicles, potentially six.
Open House Schedule
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Saturday, February 14, 20262:00 to 4:00 pm2/14/2026 2:00:00 PM +00:002/14/2026 4:00:00 PM +00:00Add to Calendar
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Sunday, February 15, 20262:00 to 4:00 pm2/15/2026 2:00:00 PM +00:002/15/2026 4:00:00 PM +00:00Add to Calendar
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,530
Year Built
- Built in 1900
Home Design
- Concrete Perimeter Foundation
Interior Spaces
- 2,769 Sq Ft Home
- Property has 1 Level
- Wood Flooring
- Basement
Bedrooms and Bathrooms
- 6 Bedrooms
- 4 Full Bathrooms
Parking
- 5 Car Parking Spaces
- Driveway
- 5 Open Parking Spaces
- Off-Street Parking
Additional Features
- 2,613 Sq Ft Lot
- 100 Amp Service
Community Details
- 3 Units
- Net Operating Income $63,600
Listing and Financial Details
- Assessor Parcel Number 3192423
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $5,530 | $481,700 | $110,300 | $371,400 |
| 2024 | $5,142 | $431,700 | $91,600 | $340,100 |
| 2023 | $4,788 | $385,500 | $79,700 | $305,800 |
| 2022 | $4,376 | $344,800 | $63,400 | $281,400 |
| 2021 | $4,116 | $305,800 | $55,100 | $250,700 |
| 2020 | $3,877 | $290,200 | $55,100 | $235,100 |
| 2019 | $3,605 | $256,800 | $47,400 | $209,400 |
| 2018 | $3,393 | $235,800 | $45,100 | $190,700 |
| 2017 | $3,205 | $214,800 | $37,900 | $176,900 |
| 2016 | $3,323 | $219,200 | $39,600 | $179,600 |
| 2015 | $3,096 | $200,000 | $40,800 | $159,200 |
| 2013 | $2,705 | $180,200 | $49,200 | $131,000 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 02/11/2026 02/11/26 | For Sale | $649,900 | +96.3% | $235 / Sq Ft | |
| 04/26/2018 04/26/18 | Sold | $331,000 | -5.4% | $120 / Sq Ft | View Prior Sale |
| 02/09/2018 02/09/18 | Pending | -- | -- | -- | |
| 11/24/2017 11/24/17 | Price Changed | $349,900 | -2.8% | $126 / Sq Ft | |
| 11/06/2017 11/06/17 | For Sale | $359,900 | -- | $130 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Not Resolvable | $331,000 | -- | |
| Land Court Massachusetts | $104,900 | -- | |
| Land Court Massachusetts | $104,900 | -- | |
| Land Court Massachusetts | $30,000 | -- | |
| Land Court Massachusetts | $30,000 | -- | |
| Land Court Massachusetts | $240,000 | -- | |
| Land Court Massachusetts | $240,000 | -- | |
| Land Court Massachusetts | $189,900 | -- | |
| Land Court Massachusetts | $189,900 | -- | |
| Land Court Massachusetts | $147,500 | -- | |
| Land Court Massachusetts | $147,500 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $248,250 | New Conventional | |
| Closed | $248,250 | New Conventional | |
| Previous Owner | $136,500 | No Value Available |
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73476345
APN: LOWE-000197-004870-000025
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.
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