708 Central St Lowell, MA 01852
Back Central NeighborhoodEstimated payment $8,590/month
Highlights
- Golf Course Community
- 0.36 Acre Lot
- Tennis Courts
- Medical Services
- Property is near public transit and schools
- 4-minute walk to Jollene Dubner Park
About This Home
Exceptional value and Rare investment opportunity in Lowell! This rare offering features two, 2-family homes on one parcel, totaling four income-producing units with strong rental potential. A key highlight is the additional land included with the property, offering the possibility to build another 2-unit building while still maintaining ample parking for all units (buyer to perform due diligence). Located just 0.7 miles from the Lowell Line station, providing convenient access for Boston-area commuters. Close to University of Massachusetts Lowell, major highways, shopping, parks, and local amenities. A compelling opportunity for investors seeking cash flow today with future development potential in a growing market. See individual unit details in listing.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $14,011
Year Built
- Built in 1900
Lot Details
- 15,725 Sq Ft Lot
- Additional Land
Parking
- 1 Car Garage
- Tandem Parking
- Driveway
- 20 Open Parking Spaces
- Off-Street Parking
Home Design
- Frame Construction
- Shingle Roof
- Rubber Roof
- Concrete Perimeter Foundation
Interior Spaces
- 4,445 Sq Ft Home
- Property has 1 Level
- Living Room
- Home Office
- Vinyl Flooring
- Unfinished Basement
- Basement Fills Entire Space Under The House
Kitchen
- Range
- Microwave
- Dishwasher
Bedrooms and Bathrooms
- 10 Bedrooms
- 4 Full Bathrooms
Laundry
- Dryer
- Washer
Outdoor Features
- Enclosed Patio or Porch
- Rain Gutters
Location
- Property is near public transit and schools
Schools
- Lowell High School
Utilities
- No Cooling
- Baseboard Heating
- Separate Meters
Listing and Financial Details
- Legal Lot and Block 708 / 1125
- Assessor Parcel Number S10430, S10440, S10450
Community Details
Overview
- 4 Units
Amenities
- Medical Services
- Shops
- Coin Laundry
Recreation
- Golf Course Community
- Tennis Courts
- Park
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 | $6,286 | $547,600 | $145,700 | $401,900 |
| 2024 | $5,804 | $487,300 | $131,400 | $355,900 |
| 2023 | $5,399 | $434,700 | $114,300 | $320,400 |
| 2022 | $4,825 | $380,200 | $90,100 | $290,100 |
| 2021 | $4,482 | $333,000 | $78,400 | $254,600 |
| 2020 | $4,012 | $300,300 | $65,300 | $235,000 |
| 2019 | $3,799 | $270,600 | $60,500 | $210,100 |
| 2018 | $3,543 | $246,200 | $57,600 | $188,600 |
| 2017 | $3,511 | $235,300 | $62,900 | $172,400 |
| 2016 | $3,572 | $235,600 | $63,200 | $172,400 |
| 2015 | $3,314 | $214,100 | $63,200 | $150,900 |
| 2013 | $2,903 | $193,400 | $72,900 | $120,500 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/17/2026 03/17/26 | For Sale | $1,399,900 | -- | $315 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | -- | -- | |
| Deed | -- | -- | |
| Deed | $410,000 | -- | |
| Deed | $410,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $194,600 | No Value Available | |
| Closed | $140,000 | Purchase Money Mortgage | |
| Previous Owner | $104,800 | No Value Available |
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73487937
APN: LOWE-000181-001125-000708
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.
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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Ask me questions while you tour the home.