Multi-Family for Sale: 231 School St, Lowell, MA 01854

6 beds
2 full baths
3,073 sqft
$499,000
$499,000
231 School St, Lowell, MA 01854
6 beds
2 full baths
3,073 sqft
$499,000
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Price:
$499,000

Type Multi-Family
Beds 6
Total Baths 2 full baths
Square Feet 3,073 sqft
Garage Spaces 2
Lot Size 0.08 acres
Year Built 1890

City Lowell
County Middlesex

MLS 73279561
Status Pending
DOM 31 days
This two-family property is an excellent investment opportunity located blocks away from the UMass Lowell campus and could be great for student housing in the future. The first-floor unit offers three large bedrooms, an eat-in kitchen, a full bathroom, and hardwood floors throughout. The second-floor unit also includes three large bedrooms, an eat-in kitchen, a full bathroom, w/w carpet, 3rd floor-walk attic space that has potential expandable living space with one finished room. The property's systems have been updated, one heating system is new, both gas units and two electric meters, with tenants covering all utilities except water. W/D hook up in the basement. The current tenants pay $1,500 per month on a month-to-month basis. The property has a 2 garage, 2 car driveway, and two covered porches. Both units have been deleaded with certificates. An open house is scheduled for Saturday from 11:30 AM to 1:30 PM. This is a fantastic investment! Don't miss out!

Lot & Building Features

Appliances Dishwasher, Refrigerator, Range
Construction Frame
Cooling None
Heating Natural Gas
Sewer Public Sewer
Tax Year 2024
Taxes Paid $5,648
Water Public
Foundation Stone
Exterior Features Balcony/Deck
Interior Features Kitchen, Walk-Up Attic, Living Room
Roof Shingle, Slate
Full Baths 2
Parking Paved Drive
Total Rooms 10
Basement Feature Bulkhead, Full
Garage Spaces 2

Price History of 231 School St, Lowell, MA

Date Name Price Difference
08/20/2024 Listing Price $499,000 N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.

Comparable Properties Sold Near By

Low
$430,000
$135 / sqft
Average
$568,125
$188 / sqft
High
$640,000
$218 / sqft

Address City Zip Beds Baths Price Sq. Ft. $/SQFT Sold Date
This Listing Lowell 01854 6 2.0 $499,000 3,073 $162 N/A
2 W 10th St Lowell 01850 7 3.0 $615,000 3,092 $199 12/08/2023
15 Varney St Lowell 01854 5 2.0 $525,000 3,131 $168 03/27/2024
67-69 Loring Street Lowell 01851 7 3.0 $555,000 2,944 $189 09/25/2023
53-55 Seventh St Lowell 01850 7 3.0 $630,000 2,939 $214 04/01/2024
11 Floyd St Lowell 01852 6 2.0 $430,000 3,180 $135 01/24/2024
262 West 6th St Lowell 01850 6 2.0 $640,000 2,935 $218 02/05/2024
179 School St. Lowell 01854 7 2.0 $550,000 2,880 $191 02/06/2024
3 Dunfey Street Lowell 01854 6 2.0 $600,000 3,016 $199 03/08/2024

Map of 231 School St, Lowell, MA

Location Map Street View
Photo of Terri Fraser
Terri Fraser
Associate Broker
Direct: 603-380-4809
Office
185 Plaistow Road, Suite 1
Plaistow, NH 03865
603-382-0360 x12
Listed by Century 21 North East, Deb Forte
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231 School St (MLS #73279561) is a multi-family listing located in Lowell, MA. This multi-family listing is 3,073 sqft and on a lot of 3,485 sqft (or 0.08 acres) with 6 bedrooms, 2 baths and is 134 years old. This property was listed on 08/20/2024 and has been priced for sale at $499,000.

The 7 bedroom multi-family listing at 179 School St. in Lowell is nearby and sold for $550,000 on 02/06/2024. Another nearby 5 bedroom multi-family listing, 15 Varney St in Lowell sold for $525,000 on 03/27/2024.

Nearby zip codes are 01826, 01850, 01851, 01852 and 01876. This property neighbors other cities such as Chelmsford, Dracut, Merrimac, Tewksbury and Tyngsborough.

MLS PIN

Listing Last updated . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Walk Score map and data provided by Walk Score. Google map provided by Google. Bing map provided by Microsoft Corporation.

All information provided is deemed reliable but is not guaranteed and should be independently verified.

Listing information courtesy of: Century 21 North East

The property listing data and information 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 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 set forth herein.