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Off market
  • $576,000

    198 University Ave, Lowell, MA 01854

    3beds
    2,610sqft
    MultiFamily
    Built in 1930
    -- sqft lot
    $576,000 Zestimate®
    $221/sqft
    $2,265 Estimated rent

    Home value

    $576,000

    $541,000 - $611,000

    $2,265/mo

    Zestimate® history
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    Owner options

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    $2,265/mo

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    $2,265/mo

    Rent Zestimate®

    Refinance and save

    $3,561/mo

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    $3,561/mo

    Est. payment

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    What's special

    This is your chance to own a great mixed use property with 2 commercial spaces and 1 residential upstairs and pay very little to none towards mortgage! Investors, this property has excellent potential. It's a few blocks away from UMASS and on a huge street. Potential income could be $3k+. Each commercial space comes with a half bath and a boiler room/closet. The hair salon has a break room as well. The tenants are long term and are very good with their rent. Upstairs has 3 bedrooms with good closet space, hardwood floors, big eat-in kitchen and a nice huge rubber roof deck. There's residential on-street parking only but there are plenty of them!

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 3
    • Full bathrooms: 1
    • 1/2 bathrooms: 2
    Heating
    • Other, Gas
    Interior area
    • Total interior livable area: 2,610 sqft

    Property

    Features
    • Exterior features: Other
    Lot
    • Size: 3,484 sqft
    Details
    • Parcel number: LOWEM96B5830L198

    Construction

    Type & style
    • Home type: MultiFamily
    Materials
    • Frame
    • Roof: Asphalt
    Condition
    • Year built: 1930

    Community & neighborhood

    Location
    • Region: Lowell

    Other

    Other facts
    • Amenities: Public Transportation, Shopping
    • Foundation: Poured Concrete, Fieldstone, Concrete Block
    • Hot Water: Natural Gas
    • Road Type: Public
    • Roof Material: Asphalt/Fiberglass Shingles, Rubber
    • Lot Description: Level
    • Rnt Dscrp 2: Water
    • Rnt Dscrp 3: Water
    • Electric Feature: 100 Amps
    • Basement Feature: Walk Out
    • Mf Type: 3 Family - 3 Units Up/Down
    • Exterior Features: Deck - Roof

    Price history

    DateEventPrice
    10/1/2019Sold$320,000+6.7%$123/sqft
    Source: Public Record Report a problem
    7/27/2019Pending sale$299,999$115/sqft
    Source: Transcend Realty #72538409 Report a problem
    7/23/2019Listed for sale$299,999+91.7%$115/sqft
    Source: Transcend Realty #72538409 Report a problem
    8/17/2012Sold$156,500+12.3%$60/sqft
    Source: Public Record Report a problem
    3/22/2012Sold$139,300-48.4%$53/sqft
    Source: Public Record Report a problem
    1/6/2006Sold$270,000+145.5%$103/sqft
    Source: Public Record Report a problem
    9/30/1999Sold$110,000+111.5%$42/sqft
    Source: Public Record Report a problem
    10/14/1997Sold$52,000$20/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$7,885 +0.6%$352,500 +4.7%
    2024$7,837 +2.9%$336,800 +7.8%
    2023$7,613 $312,500 +10.3%
    2022-- $283,400
    2021-- $283,400 +16.4%
    2020$6,518 $243,500 +2.4%
    2019-- $237,900 +7.8%
    2018-- $220,700 +2.7%
    2017$6,258 $215,000 +2.6%
    2016$6,258 $209,500

    Find assessor info on the county website

    Neighborhood: Pawtucketville

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $576,000
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    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $576,000