$875,000

Estimated payment $5,276/month

Total Views 2,881
7 Beds
4 Baths
4,235 Sq Ft
$207 Price per Sq Ft

About This Home

The University Avenue Apartments consists of 4 units and is comprised of 1-3 bedroom units, 1-2 bedroom units and 2-1 bed units. Tenants enjoy off-street parking in a highly desirable area of Lowell located just a half a mile to UMASS North Campus. New owner has the ability to renovate the current units and increase the rents which are roughly 20% under market. All interested and qualified parties can tour the building and obtain additional information upon request. This building can be sold individually or as a package with 382 University Avenue.

Listing Agent

Drew Kirkland

Northeast Private Client Group, LLC Listed on: 11/04/2025

Co-Listing Agent

Patrick Wheeler

Northeast Private Client Group, LLC

Co-Listing Agent

James Casey

Northeast Private Client Group, LLC

Co-Listing Agent

Francis Saenz

Northeast Private Client Group, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,090

Year Built

  • Built in 1940

Lot Details

  • 5,662 Sq Ft Lot
  • Irregular Lot
  • Gentle Sloping Lot

Parking

  • 5 Car Parking Spaces

Interior Spaces

  • Property has 1 Level

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 4 Full Bathrooms

Community Details

  • 4 Units
  • Net Operating Income $84,276

Listing and Financial Details

  • Assessor Parcel Number 3177452

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,090

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 4 Family
  • Year Built: 1940
  • Levels: 2
  • Year Built Details: Approximate
  • APOD AVAILABLE: Yes
  • Special Features: None
  • Stories: 2

Interior Features

  • Fireplace YN: No
  • Total Bedrooms: 7
  • Full Bathrooms: 4
  • Total Bathrooms: 4
  • Above Grade Finished Sq Ft: 3735
  • Below Grade Sq Ft: 500
  • Living Area: 4235
  • Spa YN: No
  • Stories Total: 2
  • MAIN LO: AN8574

Exterior Features

  • Foundation Details: Irregular
  • Home Warranty YN: No
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Total Parking Spaces: 5

Utilities

  • Sewer: Public Sewer
  • Utilities: Varies per Unit
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community YN: No

Lot Info

  • Parcel Number: 3177452
  • Zoning: 1110
  • Farm Land Area Units: Square Feet
  • Lot Features: Gentle Sloping
  • Lot Size Acres: 0.13
  • Lot Size Sq Ft: 5662
  • Lot Size Units: Acres

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 8090

Multi Family

  • Net Operating Income: 84276
  • Number Of Units Total: 4
  • Total Actual Rent: 7023
  • LEVELS 1: 1
  • Basement Included Sq Ft: Yes
  • LEASE 4: Y
  • LEASE 3: Y
  • LEASE 2: Y
  • LEASE 1: Y
  • FLRS 3: 2

Map

Range of Values:

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Value Increase
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/04/2025 11/04/25 For Sale $875,000 +54.9% $207 / Sq Ft
12/21/2020 12/21/20 Sold $565,000 -5.8% $133 / Sq Ft View Prior Sale
12/18/2020 12/18/20 Pending -- -- --
11/27/2020 11/27/20 For Sale $600,000 -- $142 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73451019

MLS Property Information Network (MLS PIN)