85 Varney St Lowell, MA 01854
Acre NeighborhoodEstimated payment $3,572/month
About This Home
Welcome to this well-maintained two-family home located just minutes from the UMass Lowell campus — an unbeatable location for investors, owner-occupants, or those seeking strong rental income potential! First floor unit offers a 2 bed 1 bath layout, and the second floor offers a 4 bed 1 bath layout. Second floor underwent a major renovation in 2021 with all new hardwood floors, granite countertops. New roof was installed in 2021, along with HVAC and water tanks. Strong rental history and consistent demand make this a turnkey investment with immediate income potential.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,509
Year Built
- Built in 1880
Lot Details
- 3,485 Sq Ft Lot
- Corner Lot
Home Design
- Duplex
- Stone Foundation
- Frame Construction
- Shingle Roof
Interior Spaces
- 2,688 Sq Ft Home
- Property has 1 Level
- Basement Fills Entire Space Under The House
Flooring
- Wood
- Carpet
- Tile
Bedrooms and Bathrooms
- 6 Bedrooms
- 2 Full Bathrooms
Parking
- 5 Car Parking Spaces
- On-Street Parking
- Open Parking
- Off-Street Parking
Utilities
- 100 Amp Service
Community Details
- 2 Units
Listing and Financial Details
- Assessor Parcel Number 3182566
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 | $4,509 | $392,800 | $96,000 | $296,800 |
| 2024 | $4,196 | $352,300 | $89,700 | $262,600 |
| 2023 | $3,900 | $314,000 | $78,000 | $236,000 |
| 2022 | $3,609 | $284,400 | $70,900 | $213,500 |
| 2021 | $3,734 | $277,400 | $61,700 | $215,700 |
| 2020 | $3,360 | $251,500 | $52,600 | $198,900 |
| 2019 | $3,148 | $224,200 | $46,400 | $177,800 |
| 2018 | $2,927 | $203,400 | $44,200 | $159,200 |
| 2017 | $2,768 | $185,500 | $40,200 | $145,300 |
| 2016 | $2,812 | $185,500 | $40,200 | $145,300 |
| 2015 | $2,602 | $168,100 | $41,400 | $126,700 |
| 2013 | $2,651 | $176,600 | $55,100 | $121,500 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/17/2025 08/17/25 | Pending | -- | -- | -- |
| 08/05/2025 08/05/25 | For Sale | $599,900 | +122.2% | $223 / Sq Ft |
| 05/29/2020 05/29/20 | Sold | $270,000 | -25.0% | $118 / Sq Ft |
| 04/01/2020 04/01/20 | Pending | -- | -- | -- |
| 03/19/2020 03/19/20 | Price Changed | $359,900 | -2.7% | $157 / Sq Ft |
| 01/09/2020 01/09/20 | For Sale | $369,900 | -- | $162 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | -- | None Available | |
| Quit Claim Deed | -- | None Available | |
| Quit Claim Deed | -- | None Available | |
| Quit Claim Deed | -- | None Available | |
| Not Resolvable | $270,000 | None Available | |
| Deed | $160,000 | -- | |
| Deed | $160,000 | -- | |
| Deed | $142,100 | -- | |
| Deed | $142,100 | -- | |
| Foreclosure Deed | $175,000 | -- | |
| Foreclosure Deed | $175,000 | -- | |
| Deed | $390,000 | -- | |
| Deed | $390,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $276,000 | Stand Alone Refi Refinance Of Original Loan | |
| Previous Owner | $266,000 | New Conventional | |
| Previous Owner | $157,102 | Purchase Money Mortgage | |
| Previous Owner | $142,100 | Purchase Money Mortgage | |
| Previous Owner | $312,000 | Purchase Money Mortgage | |
| Previous Owner | $78,000 | No Value Available |
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73413669
APN: LOWE-000118-005875-000085
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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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