Sold for $650,000

$650,000

491 Concord St, Lowell, MA 01852

6beds

2,535sqft

2 Family - 2 Units Up/Down

Built in 1900

-- sqft lot

$744,000 Zestimate^®

$256/sqft

$2,536 Estimated rent

Home value

$744,000

$684,000 - $811,000

$2,536/mo

Zestimate^® history

Owner options

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$2,536/mo

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$2,536/mo

Rent Zestimate^®

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$4,019/mo

Est. payment

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$4,019/mo

Est. payment

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What's special

Well appointed kitchen

Fantastic investment opportunity! This 2 family property is sure to impress. The whole building was fully gutted and rebuilt with roof/furnace/electricity/plumbing update in 2015. In both units you will find 3 sizable bedrooms, spacious living room and well appointed kitchen. There is potential to tear down garage and build new multi-family house facing Perry Street. Buyers to do all the due diligence. This property is located near shopping, restaurants and parks! Easy access to Downtown Lowell, Routes 93 and 495. Perfect for both investors and first-time buyers! Both units are occupied and tenancy at will.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 6
Bathrooms: 3
Full bathrooms: 2
1/2 bathrooms: 1

Features

Basement: Full
Has fireplace: No

Interior area

Total structure area: 2,535
Total interior livable area: 2,535 sqft

Property

Parking

Total spaces: 8
Parking features: Paved Drive
Garage spaces: 4
Uncovered spaces: 4

Lot

Size: 6,256 sqft

Details

Parcel number: M:203 B:1445 L:491,3193427
Zoning: TTF

Construction

Type & style

Home type: MultiFamily
Property subtype: 2 Family - 2 Units Up/Down

Materials

Foundation: Concrete Perimeter

Condition

Year built: 1900

Utilities & green energy

Electric: 110 Volts, Circuit Breakers
Sewer: Public Sewer
Water: Public

Community & neighborhood

Location

Region: Lowell

HOA & financial

Other financial information

Total actual rent: 3800

Price history

Date	Event	Price
5/30/2024	Sold	$650,000+12.1%$256/sqft
Source: MLS PIN #73215774 Report a problem
4/2/2024	Contingent	$580,000$229/sqft
Source: MLS PIN #73215774 Report a problem
3/23/2024	Listed for sale	$580,000+206.9%$229/sqft
Source: MLS PIN #73215774 Report a problem
2/20/2014	Sold	$189,000-51.9%$75/sqft
Source: Public Record Report a problem
7/17/2012	Sold	$393,193$155/sqft
Source: Public Record Report a problem
5/3/2010	Sold	$393,193+16.3%$155/sqft
Source: Public Record Report a problem
10/1/2004	Sold	$338,000$133/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$6,141 +6.1%	$534,900 +10.1%
2024	$5,788 +7.3%	$486,000 +12%
2023	$5,392 +19.7%	$434,100 +29.7%
2022	$4,506	$334,800
2021	$4,506 +6.1%	$334,800 +5.3%
2020	$4,248 +3.4%	$318,000 +8.7%
2019	$4,108 +6.8%	$292,600 +9.5%
2018	$3,846 +5.5%	$267,300 +9.4%
2017	$3,646 +0.9%	$244,400 +2.6%
2016	$3,613	$238,300