$1,085,000

Estimated payment $6,418/month

10 Beds
5 Baths
4,458 Sq Ft
$243 Price per Sq Ft

About This Home

The University Avenue Apartments consists of 5 units and is comprised of 1-3 bedroom unit, 3-2 bedroom units and 1-1 bed unit. Tenants enjoy coin-operated laundry and 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 380 University Avenue.

Listing Agent

Drew Kirkland

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

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

  • $8,868

Year Built

  • Built in 1940

Lot Details

  • 5,662 Sq Ft Lot
  • Corner Lot
  • Irregular Lot

Parking

  • 5 Car Parking Spaces

Home Design

  • 4,458 Sq Ft Home
  • Brick Foundation

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 5 Full Bathrooms

Utilities

  • Separate Meters

Listing and Financial Details

  • Assessor Parcel Number 3177472

Community Details

Overview

  • 5 Units
  • Property has 1 Level

Building Details

  • Net Operating Income $107,064

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,868

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 5-9 Family
  • Year Built: 1940
  • Levels: 5
  • Year Built Details: Actual
  • APOD AVAILABLE: Yes
  • Special Features: None
  • Stories: 5

Interior Features

  • Fireplace YN: No
  • Total Bedrooms: 10
  • Full Bathrooms: 5
  • Total Bathrooms: 5
  • Above Grade Finished Sq Ft: 4458
  • Living Area: 4458
  • Spa YN: No
  • Stories Total: 5
  • MAIN LO: AN8574

Exterior Features

  • Foundation Details: Brick/Mortar, Irregular
  • Home Warranty YN: No
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Total Parking Spaces: 5

Utilities

  • Sewer: Public Sewer
  • Electric: Individually Metered
  • Water Source: Public
  • Hot Water: Natural Gas

Condo/Co-op/Association

  • Senior Community YN: No

Lot Info

  • Parcel Number: 3177472
  • Zoning: 1110
  • Farm Land Area Units: Square Feet
  • Lot Features: Corner Lot
  • Lot Size Acres: 0.13
  • Lot Size Sq Ft: 5662
  • Lot Size Units: Acres

Tax Info

  • Tax Year: 2025
  • Tax Annual Amount: 8868

Multi Family

  • Net Operating Income: 107064
  • Number Of Units Total: 5
  • Total Actual Rent: 8922
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 4: 1
  • LEVELS 3: 1
  • LEASE 4: Y
  • LEASE 3: Y
  • LEASE 2: Y
  • LEASE 1: Y
  • FLRS 3: 1

Map

Range of Values:

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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
11/04/2025 11/04/25 For Sale $1,085,000 -- $243 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73451020

MLS Property Information Network (MLS PIN)