NOT LISTED FOR SALE

273 University Ave Lowell, MA 01854

Pawtucketville Neighborhood

Estimated Value: $627,000 - $1,005,000

6 Beds
4 Baths
6,454 Sq Ft
$116/Sq Ft Est. Value

Last Sold March 27, 2015

Last sale price $400,000 $62 Per Sq Ft

Est. 88% increase in value since last sale

Current estimated payment $3,952/month

153 Days on Market

Highlights

  • Corner Lot
  • Covered Patio or Porch
  • 2 Car Detached Garage

About This Home

As of March 2015

Two clean one bedroom units for easy maintenance, one spacious three bedroom unit for maximum rental income - all lead paint removed with certificates! Well-maintained and freshly painted with electrical updates, two new water tanks, and new burner for storefront. Attached structure currently used for commercial interests to include office space for doctor, lawyer, dentist, accountant, insurance or real estate agency. It is plumbed for three-station beauty salon. Perfect opportunity to start your small business or perhaps convert to additional living space. Within walking distance of major University! Cavernous attic can be finished for additional space. Tenants pay own utilities. Your only cost is taxes, insurance, water/sewer, and maintenance. Hard-to-beat potential for 9-10% return on your investment per year! Increase your income by renting two garage spaces instead of including them in the rent. Endless possibilities at an attractive price.

Last Agent to Sell the Property

Brian Murphy

BerkshireHathaway HomeServices Commonwealth R.E Listed on: 10/10/2014

Last Buyer's Agent

A non PrimeMLS member

A Non PrimeMLS Agency

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,743

Year Built

  • Built in 1930

Lot Details

  • 4,356 Sq Ft Lot
  • Corner Lot
  • Level Lot

Parking

  • 2 Car Detached Garage
  • On-Street Parking
  • Off-Street Parking

Home Design

  • Stone Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Aluminum Siding

Interior Spaces

  • Property has 3 Levels
  • Fire and Smoke Detector

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Bathrooms

Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry

Utilities

  • Separate Meters
  • Individual Controls for Heating
  • Cable TV Available

Additional Features

  • Covered Patio or Porch
  • City Lot

Listing and Financial Details

  • Rent includes sewer, water

Community Details

Overview

  • 4 Units

Building Details

  • 3 Leased Units
  • Gross Income $48,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,743

Year Built

Built in 1930

Lot Details

0

Parking

2

Listing Details

  • Directions: Corner of 6th and University Ave. - Just up the street from UMass.
  • Seasonal: No
  • Property Type: Residential Income
  • Year Built: 1930
  • Architectural Style: Other
  • ResoLotFeatures: City Lot, Corner Lot, Level, Near Shopping, Near Public Transit
  • Road Frontage Type: Paved, Public
  • MLS Status: (20) Closed - Closed
  • Above Grade Finished Sq Ft: 4428.0
  • Unit Levels: 3
  • ResoPropertyCondition: Existing
  • Flood_Zone: Unknown
  • Foreclosed_Or_Bank_Owned_Or_REO: No
  • Pre_Construction: No
  • SqFt_Apx_Total_Finished: 6454
  • Separate_Utilities: Yes
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Water Heater–Natural Gas, Water Heater – Separate
  • Total Bedrooms: 6
  • Basement: Full, Stairs - Interior
  • Other Equipment: Smoke Detectr-Hard Wired
  • Basement YN: Yes
  • Below Grade Sq Ft: 2026.0

Exterior Features

  • Driveway: Paved
  • Exterior Features: Porch - Covered
  • Roof: Shingle - Asphalt
  • Construction Type: Wood Frame, Aluminum Siding
  • Foundation Details: Stone

Garage/Parking

  • Garage Spaces: 2.0
  • Attached Garage: Yes
  • Parking Features: Detached, Garage, Off Street, On Street, Parking Spaces 4

Utilities

  • Electric: 200+ Amp Service, Circuit Breakers
  • Sewer: Public Sewer
  • Heating: Natural Gas, Individual
  • Cooling: Individual
  • Trash: Curbside, Municipal
  • Utilities: Cable
  • Water Source: Public

Lot Info

  • Surveyed: Unknown
  • Zoning: M1001
  • Lot Size Acres: 0.1
  • Lot Size Sq Ft: 4356.0

Rental Info

  • Rent Includes: Sewer, Water

Building Info

  • Building Unit Info: Ceiling Fan

Multi Family

  • Gross Income: 48000.0
  • Number Of Units Total: 4
  • Insurance Expense: 3056.0
  • Maintenance Expense: 500.0
  • Number Of Units Leased: 3
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4

Tax Info

  • Tax Year: 2013
  • Tax Annual Amount: 3743.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 10, 2014
Closed on
Mar 27, 2015
Sold by
Vacirca Rosemarie and Vacirca Salvator
Bought by
Hirbour Timothy
Seller's Agent
Brian Murphy
BerkshireHathaway HomeServices Commonwealth R.E
Buyer's Agent
A non PrimeMLS member
A Non PrimeMLS Agency
List Price
$430,000
Sold Price
$400,000
Premium/Discount to List
-$30,000
-6.98%
Current Estimated Value
$751,271

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$351,271
Avg. Annual Appreciation
6.13%
Original Mortgage
$300,000
Outstanding Balance
$233,108
Interest Rate
4%
Mortgage Type
Commercial
Estimated Equity
$518,163

Purchase Details

Closed on
Mar 3, 2006
Sold by
Courtney Gina and Gamble Gina
Bought by
Vacirca Rosemarie and Vacirca Salvator

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$230,000
Interest Rate
6.16%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 5, 2002
Sold by
Costa Dennis M and Costa Gertrude M
Bought by
Gamble Gina and Iannuzzo John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,700
Interest Rate
6.09%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Hirbour Timothy $400,000 --
Vacirca Rosemarie $430,000 --
Vacirca Rosemarie $430,000 --
Gamble Gina $339,000 --
Gamble Gina $339,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hirbour Timothy $300,000
Closed Gamble Gina $300,000
Previous Owner Vacirca Rosemarie $230,000
Previous Owner Gamble Gina $300,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/27/2015 03/27/15 Sold $400,000 -7.0% $62 / Sq Ft
03/12/2015 03/12/15 Pending -- -- --
10/10/2014 10/10/14 For Sale $430,000 -- $67 / Sq Ft
Source: PrimeMLS

Tax History Compared to Growth

Source: Public Records

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 $0 $580,200 $135,600 $444,600
2024 $0 $552,100 $126,700 $425,400
2023 $0 $508,800 $110,200 $398,600
2022 $0 $487,300 $100,200 $387,100
2021 $0 $455,100 $87,100 $368,000
2020 $5,567 $416,700 $87,100 $329,600
2019 $0 $398,800 $80,700 $318,100
2018 $0 $439,100 $76,800 $362,300
2017 $0 $392,700 $69,800 $322,900
2016 -- $258,900 $82,300 $176,600
2015 -- $258,900 $82,300 $176,600
2013 $5,095 $249,400 $91,500 $157,900
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2015

    Brian Murphy

    BerkshireHathaway HomeServices Commonwealth R.E

  • A

    Buyer's Agent in 2015

    A non PrimeMLS member

    VT_ME_NH_NEREN

See All Agents

Map

Source: PrimeMLS

MLS Number: 4388480

PrimeMLS

APN: LOWE-000096-005830-000273

Massachusetts Middlesex County Lowell 01854 Pawtucketville

273 University Ave, Lowell, MA

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.

PrimeMLS Copyright 2025 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this display comes in part from the IDX Program of PrimeMLS. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Nearby Homes