591 Varnum Ave Lowell, MA 01854
Pawtucketville NeighborhoodEstimated payment $4,794/month
About This Home
Exceptional 3-family investment opportunity in Lowell’s desirable Pawtucketville neighborhood. This property offers approximately 4,000 sq ft of living space on a 0.18-acre lot. This well-sized multi-family features a total of 7 bedrooms and 3 full bathrooms, with separate utilities for each unit — ideal for investors or owner-occupants seeking rental income. A unit is currently vacant; each unit offers spacious layouts and abundant natural light, while the property provides off-street parking for up to 5-6 vehicles and a private fenced backyard, adding convenience and outdoor space for tenants. Conveniently located near UMass Lowell, public transportation, shopping, restaurants, parks, and major highways, this property is well-positioned for consistent rental demand. A rare opportunity to own a solid income-producing multi-family in an established Lowell neighborhood — perfect for investors or owner-occupants alike.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $8,070
Year Built
- Built in 1850
Lot Details
- 7,841 Sq Ft Lot
Home Design
- 4,046 Sq Ft Home
- Triplex
Bedrooms and Bathrooms
- 7 Bedrooms
- 3 Full Bathrooms
Parking
- 5 Open Parking Spaces
- 5 Car Parking Spaces
Additional Features
- Basement
Community Details
- 3 Units
- Property has 2 Levels
Listing and Financial Details
- Assessor Parcel Number M:55 B:5880 L:591,3175686
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 | $8,070 | $703,000 | $162,700 | $540,300 |
| 2024 | $7,703 | $646,800 | $152,000 | $494,800 |
| 2023 | $7,520 | $605,500 | $132,200 | $473,300 |
| 2022 | $6,985 | $550,400 | $120,200 | $430,200 |
| 2021 | $6,072 | $451,100 | $104,600 | $346,500 |
| 2020 | $5,639 | $422,100 | $106,700 | $315,400 |
| 2019 | $5,411 | $385,400 | $94,000 | $291,400 |
| 2018 | $4,965 | $345,000 | $89,500 | $255,500 |
| 2017 | $4,706 | $315,400 | $81,400 | $234,000 |
| 2016 | $4,302 | $283,800 | $75,900 | $207,900 |
| 2015 | $4,074 | $263,200 | $74,300 | $188,900 |
| 2013 | $3,746 | $249,600 | $93,400 | $156,200 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 02/17/2026 02/17/26 | Price Changed | $799,999 | -1.2% | $198 / Sq Ft | |
| 01/05/2026 01/05/26 | For Sale | $809,999 | +22.7% | $200 / Sq Ft | |
| 10/16/2023 10/16/23 | Sold | $660,000 | -5.7% | $163 / Sq Ft | View Prior Sale |
| 08/21/2023 08/21/23 | Pending | -- | -- | -- | |
| 08/02/2023 08/02/23 | For Sale | $699,900 | -- | $173 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | -- | None Available | |
| Quit Claim Deed | -- | None Available | |
| Deed | $159,900 | -- |
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73465467
APN: LOWE-000055-005880-000591
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