Active
4 Days on market
256 University Ave Lowell — Photo 1 of 42
$575,000
256 University Ave, Lowell, MA 01854
Lowell, MA 01854 — Pawtucketville
Beds
6
Baths
2
SqFt
2,404
Style
2 Family - 2 Units Up/Down
Built
1910
**Contractors Special! ** to be delivered vacant. Discover a unique opportunity at 256 University Ave, Lowell, MA with off street parking. This multifamily property offers two stories of living space with expansion possibilities and plenty of potential for renovation & customization. Each unit offers three bedrooms, nicely sized kitchens and living rooms and full baths. The attic may offer potential for additional living space. 1st floor has an updated High Efficiency Furnace. Close to UMass Lowell, shopping, restaurants and easy access to downtown! Bring your vision and transform this property into a valuable investment opportunity. Cash or construction loan only.
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Market Value Analysis
This Property
Size (SqFt) →Price →This Property$239/sqft
Local Avg (Lowell)$261/sqft
8% BelowMarket Average
* Analysis is based on 24 actively listed and recently sold comparable properties strictly within Lowell, MA.
Property Details
Financials
Original Price$575,000
Annual Taxes$5,941
Parking
Garage0
Off-Street2
Interior Specifications
Total Rooms12
FireplacesNone
FlooringTile, Carpet, Hardwood
BasementFull, Interior Entry, Unfinished
Climate & Utilities
HeatingForced Air
CoolingNone
WaterPublic
SewerPublic Sewer
Building & Exterior
ConstructionFrame
RoofShingle
FoundationStone
ZoningTMU
Property & Lot
Acres0.08
SqFt Lot3,485
Lot Features--
Amenities & Appliances
Range
Neighborhood
Public Transportation • Park • Walk/Jog Trails
Geography
Population
30,081
U.S. Census Bureau, ACS 2024 5-Year Estimates (B01003)
Median Household Income
$73K
U.S. Census Bureau, ACS 2024 5-Year Estimates (B19013)
Renter-Occupied Homes
62.2%
U.S. Census Bureau, ACS 2024 5-Year Estimates (B25003)
New Construction Permits — Middlesex County
2,667 housing units permitted in the last 12 months (-2% vs the prior 12 months) — 1,709 in 5+ unit buildings
U.S. Census Bureau, Building Permits Survey (through Jun '26)
Listing Provided By
Listing Agent: Raymond Boutin
Listing Office: RE/MAX Innovative Properties
MLS® Number: 73564341
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