Active
27 Days on market
256 University Ave Lowell — Photo 1 of 42

256 University Ave Lowell — Photo 1 of 42

$575,000

256 University Ave, Lowell, MA 01854

Lowell, MA 01854 — Pawtucketville

Investor Analysis

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.

Market Value Analysis

This Property
Size (SqFt) →Price →
This Property$239/sqft
Local Avg (Lowell)$248/sqft
4% 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)

Full Lowell, MA market report ZIP 01854 market data
Listing Provided By

Listing Agent: Raymond Boutin

Listing Office: RE/MAX Innovative Properties

MLS® Number: 73564341

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