Seller's Agent in 2025
Paul Brouillette
Laer Realty
(978) 852-3001
5 in this area
158 Total Sales
282 High St Lowell, MA 01852
Belvidere Neighborhood
7
Beds
2
Baths
2,130
Sq Ft
2,614
Sq Ft Lot
About This Home
As of March 2025Outstanding investment opportunity with a strong 7.9% cap rate. Ideal for a 1031 exchange and qualifies for flipping. This front-and-back duplex features a small private yard and two on-street parking spaces. Located in Lower Belvedere, the property offers convenient access to downtown shopping, highways, and Shed Park. The front unit is brick frame, while the rear unit is wood frame construction. Property is being sold "as is, where is." Two paying tenants are currently in place and are willing to stay for an investor.
Last Buyer's Agent
Stephanie Galloni
Redfin Corp.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,593
Year Built
- Built in 1900
Lot Details
- 2,614 Sq Ft Lot
- Fenced
Home Design
- 2,130 Sq Ft Home
- Brick Exterior Construction
- Stone Foundation
- Frame Construction
- Shingle Roof
Kitchen
- Range
Bedrooms and Bathrooms
- 7 Bedrooms
- 2 Full Bathrooms
Parking
- 2 Car Parking Spaces
- Driveway
- On-Street Parking
- Open Parking
Schools
- Moody Elem. Elementary School
- James Sullivan Middle School
- Lowell High School
Listing and Financial Details
- Total Actual Rent $3,883
- Rent includes unit 1(gas water), unit 2(water)
- Assessor Parcel Number M:200 B:2980 L:282,3192912
Community Details
Overview
- 2 Units
- Property has 3 Levels
Building Details
- Operating Expense $7,105
- Net Operating Income $46,596
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Apr 8, 2019
Sold by
Brouillette Ft and Brouillette
Bought by
255 North Real Est Ventrs
Current Estimated Value
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | -- | -- | |
| Quit Claim Deed | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $333,900 | Purchase Money Mortgage |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/10/2025 03/10/25 | Sold | $477,000 | -4.6% | $224 / Sq Ft |
| 01/30/2025 01/30/25 | Pending | -- | -- | -- |
| 01/16/2025 01/16/25 | Price Changed | $499,900 | -9.1% | $235 / Sq Ft |
| 01/07/2025 01/07/25 | Price Changed | $549,900 | -8.3% | $258 / Sq Ft |
| 12/24/2024 12/24/24 | For Sale | $599,900 | -- | $282 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
Tax History Compared to Growth
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 | $5,919 | $515,600 | $116,900 | $398,700 |
| 2024 | $5,593 | $469,600 | $119,300 | $350,300 |
| 2023 | $5,154 | $415,000 | $99,800 | $315,200 |
| 2022 | $4,773 | $376,100 | $90,800 | $285,300 |
| 2021 | $4,428 | $329,000 | $78,900 | $250,100 |
| 2020 | $4,136 | $309,600 | $78,900 | $230,700 |
| 2019 | $3,871 | $275,700 | $68,800 | $206,900 |
| 2018 | $3,481 | $251,000 | $65,500 | $185,500 |
| 2017 | $3,461 | $232,000 | $62,600 | $169,400 |
| 2016 | $3,117 | $205,600 | $53,800 | $151,800 |
| 2015 | $2,887 | $186,500 | $53,800 | $132,700 |
| 2013 | $2,727 | $181,700 | $68,400 | $113,300 |
Source: Public Records
Agents Affiliated with this Home
-
Paul Brouillette
-
Stephanie Galloni
S
Buyer's Agent in 2025
Stephanie Galloni
Redfin Corp.
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73318112
APN: LOWE-000200-002980-000282
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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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