Sold for $1,872,500

$1,872,500

130 University Ave, Lowell, MA 01854

24beds

4,017sqft

5-9 Family

Built in 1900

-- sqft lot

$1,882,500 Zestimate^®

$466/sqft

$2,682 Estimated rent

Home value

$1,882,500

$1.75M - $2.03M

$2,682/mo

Zestimate^® history

Owner options

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$2,682/mo

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$2,682/mo

Rent Zestimate^®

Refinance and save

$9,492/mo

Est. payment

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$9,492/mo

Est. payment

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What's special

Great opportunity to own a key piece of property right on the corner of University Ave & Gershom Ave. Two buildings on one deed, totaling 6 x 4 bedroom units, all with a similar layout. Four units are 4 bdrm/1 bath and two units are 4 bdrm/2 baths. All units are separately metered with tenants being responsible for payment of own electric, heat, hot water and cooking gas. Parking is on street by residential sticker. Laundromat is two doors over. Expansion potential on top level in each building, but one would need to go through the proper city planning and permitting procedures to pursue this option. This a well maintained property by an active owner, with a strong rental history and potential to increase rents. One unit is vacant and unit rent is estimated.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 24
Bathrooms: 8
Full bathrooms: 8

Features

Flooring: Varies
Basement: Unfinished
Has fireplace: No

Interior area

Total structure area: 4,017
Total interior livable area: 4,017 sqft
Finished area above ground: 4,017

Property

Parking

Parking features: On Street
Has uncovered spaces: Yes

Features

Patio & porch: Porch
Exterior features: Balcony

Lot

Size: 4,356 sqft
Features: Corner Lot

Details

Parcel number: 3179635
Zoning: TMU

Construction

Type & style

Home type: MultiFamily
Property subtype: 5-9 Family

Materials

Frame
Foundation: Irregular
Roof: Shingle

Condition

Year built: 1900

Utilities & green energy

Electric: Individually Metered
Sewer: Public Sewer
Water: Public
Utilities for property: Varies per Unit

Green energy

Energy efficient items: Varies per Unit

Community & neighborhood

Community

Community features: Public Transportation, Shopping, Walk/Jog Trails, Golf, Medical Facility, Laundromat, Highway Access, House of Worship, Private School, Public School, T-Station, University

Location

Region: Lowell

HOA & financial

Other financial information

Total actual rent: 10600

Price history

Date	Event	Price
1/22/2026	Sold	$1,872,500-10.8%$466/sqft
Source: MLS PIN #73460353 Report a problem
12/6/2025	Listed for sale	$2,100,000+833.3%$523/sqft
Source: MLS PIN #73460353 Report a problem
3/1/2002	Sold	$225,000$56/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$14,203 +6%	$1,237,200 +9.9%
2024	$13,405 +2%	$1,125,500 +6.4%
2023	$13,140 +25.2%	$1,058,000 +35.7%
2022	$10,495	$779,700
2021	$10,495 +10.4%	$779,700 +9.6%
2020	$9,504 +3%	$711,400 +8.2%
2019	$9,227 +10.3%	$657,200 +13%
2018	$8,369 +5.6%	$581,600 +9.4%
2017	$7,928 +9.7%	$531,400 +11.4%
2016	$7,230	$476,900