256 University Ave Lowell — Photo 1 of 42
$575,000
Investment Analysis — 256 University Ave
Lowell, MA 01854 — Pawtucketville
Based on HUD Small Area Fair Market Rent for Lowell, MA HUD Metro FMR Area, a 2-unit multi-family in 01854 carries an estimated $5,400/mo in gross rent — about a 7.53% cap rate and $43,307/yr in estimated NOI at the $575,000 list price. Adjust every assumption in the calculator below.
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.
Estimates — not financial advice
These figures are illustrative estimates for informational purposes only — not an appraisal, valuation, or guarantee of rent, income, or returns, and not financial, tax, or investment advice. Rent is either the figure reported on the MLS listing — in-place rent that may differ from market and is not verified against the actual leases — or, where the listing reports none, an estimate from HUD Small Area Fair Market Rents, a government benchmark that may differ from actual market rent. Each figure is labelled with its source. Cap rate, NOI, and returns depend on the assumptions shown, which you can change. MLS and other third-party data may be inaccurate or out of date. Verify all figures independently and consult your own financial, tax, and legal advisors before making any investment decision.
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Range
Neighborhood
Public Transportation • Park • Walk/Jog Trails
Geography
Listing Agent: Raymond Boutin
Listing Office: RE/MAX Innovative Properties
MLS® Number: 73564341
