Multi-Family for Sale: 231 School St, Lowell, MA 01854 SOLD

6 beds
2 full baths
3,073 sqft
$570,000
$570,000
231 School St, Lowell, MA 01854 SOLD
6 beds
2 full baths
3,073 sqft
$570,000
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Selling Price: $570,000
Original List Price: $499,000
Sold at 114.2% of list price
Sold Date: 10/01/2024

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Type Multi-Family
Beds 6
Total Baths 2 full baths
Square Feet 3,073 sqft
Garage Spaces 2
Lot Size 0.08 acres
Year Built 1890
City Lowell
County Middlesex
MLS 73279561
Status Closed
DOM 42 days
This two-family property is an excellent investment opportunity located blocks away from the UMass Lowell campus and could be great for student housing in the future. The first-floor unit offers three large bedrooms, an eat-in kitchen, a full bathroom, and hardwood floors throughout. The second-floor unit also includes three large bedrooms, an eat-in kitchen, a full bathroom, w/w carpet, 3rd floor-walk attic space that has potential expandable living space with one finished room. The property's systems have been updated, one heating system is new, both gas units and two electric meters, with tenants covering all utilities except water. W/D hook up in the basement. The current tenants pay $1,500 per month on a month-to-month basis. The property has a 2 garage, 2 car driveway, and two covered porches. Both units have been deleaded with certificates. An open house is scheduled for Saturday from 11:30 AM to 1:30 PM. This is a fantastic investment! Don't miss out!

Lot & Building Features

Appliances Dishwasher, Refrigerator, Range
Construction Frame
Cooling None
Heating Natural Gas
Sewer Public Sewer
Tax Year 2024
Taxes Paid $5,648
Water Public
Foundation Stone
Exterior Features Balcony/Deck
Interior Features Kitchen, Walk-Up Attic, Living Room
Roof Shingle, Slate
Full Baths 2
Parking Paved Drive
Total Rooms 10
Basement Feature Bulkhead, Full
Garage Spaces 2

Price History of 231 School St

Date Name Price Difference
08/20/2024 Listing Price $570,000 N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.

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Inquire about this property

Photo of Tristan Swanson
Direct: 207-337-3008
Office
14 York Street
York, ME 03909
207-363-4000
Listed by Century 21 North East, Deb Forte
Sold by eXp Realty, Ngan Vien
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Listing information courtesy of: Century 21 North East

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