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Sold for $587,000
  • $587,000

    581 Lakeview Ave, Lowell, MA 01850

    5beds
    1,866sqft
    Multi Family
    Built in 1900
    -- sqft lot
    $583,800 Zestimate®
    $315/sqft
    $2,586 Estimated rent

    Home value

    $583,800

    $537,000 - $636,000

    $2,586/mo

    Zestimate® history
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    $2,586/mo

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    What's special

    In-unit laundryHardwood laminate flooringOff-street parking
    OFFER ACCEPTED. Great opportunity to own this renovated 2-family home! Move-in ready and ideal for both first-time buyers and investors. Featuring bright living rooms with fresh paint throughout, this property offers the perfect balance of comfort and convenience. First floor unit offers 3 bedrooms, and second floor unit offers 2 bedrooms. Newly added hardwood laminate flooring throughout, In-unit laundry for added convenience. Off-street parking. This home is perfect for those looking for a central location with easy access to all the amenities Lowell has to offer. Whether you're looking to live in one unit and rent the other or expand your investment portfolio, this property has great potential! Just minutes from Route 3 & 495. A short distance to the MBTA Lowell Commuter Rail Station. Only 1 mile to UMass Lowell. Nearby shopping at Market Basket. Access to restaurants, museums, theaters, and much more! HIGHEST AND BEST OFFER ON WEDNESDAY AT 6PM.

    Zillow last checked:

    Listing updated:

    Listed by:

    Ana Roque 617-201-9188,

    Property Investors & Advisors, LLC 774-413-0272

    Bought with:

    Mistral Thompson

    Top Realty

    Source: MLS PIN,MLS#: 73337122

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 2
    • Full bathrooms: 2
    Appliances
    • Included: Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer
    • Laundry: Electric Dryer Hookup, Washer Hookup
    Features
    • Flooring: Tile, Vinyl, Laminate
    • Basement: Full,Concrete,Unfinished
    • Has fireplace: No
    Interior area
    • Total structure area: 1,866
    • Total interior livable area: 1,866 sqft
    • Finished area above ground: 1,866

    Property

    Parking
    • Total spaces: 3
    • Parking features: Paved Drive, Off Street, Paved
    • Uncovered spaces: 3
    Lot
    • Size: 2,614 sqft
    Details
    • Parcel number: M:155 B:3455 L:581,3203577
    • Zoning: TMF

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Frame
    • Foundation: Stone
    • Roof: Shingle
    Condition
    • Year built: 1900

    Utilities & green energy

    • Electric: Circuit Breakers
    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: for Gas Range, for Electric Dryer, Washer Hookup

    Community & neighborhood

    Community
    • Community features: Public Transportation, Shopping, Medical Facility, Laundromat, Highway Access, House of Worship, Public School, T-Station, University
    Location
    • Region: Lowell

    HOA & financial

    Other financial information
    • Total actual rent: 4600

    Price history

    DateEventPrice
    4/16/2025Sold$587,000+3.2%$315/sqft
    Source: MLS PIN #73337122 Report a problem
    3/5/2025Contingent$569,000$305/sqft
    Source: MLS PIN #73337122 Report a problem
    2/21/2025Listed for sale$569,000+72.4%$305/sqft
    Source: MLS PIN #73337122 Report a problem
    10/12/2018Sold$330,000+14.2%$177/sqft
    Source: Public Record Report a problem
    9/2/2018Pending sale$289,000$155/sqft
    Source: RE/MAX INSIGHT #72385473 Report a problem
    8/28/2018Listed for sale$289,000+92.7%$155/sqft
    Source: RE/MAX Insight #72385473 Report a problem
    6/10/2013Sold$150,000+30.5%$80/sqft
    Source: Public Record Report a problem
    8/23/2011Listing removed$114,900$62/sqft
    Source: RE/MAX Prestige #71123780 Report a problem
    5/1/2011Price change$114,900-8%$62/sqft
    Source: RE/MAX PRESTIGE #71123780 Report a problem
    3/17/2011Price change$124,900-10.7%$67/sqft
    Source: RE/MAX PRESTIGE #71123780 Report a problem
    3/4/2011Price change$139,900+7.7%$75/sqft
    Source: RE/MAX PRESTIGE #71123780 Report a problem
    1/18/2011Price change$129,900-7.1%$70/sqft
    Source: Andrew Armata #71123780 Report a problem
    11/24/2010Price change$139,900-6.7%$75/sqft
    Source: Andrew Armata #71123780 Report a problem
    10/10/2010Price change$149,900-6.3%$80/sqft
    Source: Andrew Armata #71123780 Report a problem
    8/17/2010Listed for sale$159,900-11.2%$86/sqft
    Source: Andrew Armata #71123780 Report a problem
    12/21/2001Sold$180,000$96/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$5,482 +8.7%$477,500 +12.8%
    2024$5,042 +5%$423,300 +9.4%
    2023$4,804 +19.4%$386,800 +29.5%
    2022$4,022 $298,800
    2021$4,022 +13%$298,800 +12.2%
    2020$3,558 +7.6%$266,300 +13.1%
    2019$3,306 +15.4%$235,500 +18.2%
    2018$2,866 +4.1%$199,200 +8%
    2017$2,753 +0.9%$184,500 +2.5%
    2016$2,729 $180,000

    Find assessor info on the county website

    Neighborhood: Centralville

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $583,800
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $583,800