296, 298 University Ave., Lowell, MA 01854
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$829,000
2 Unit
4 Beds
2 Baths
2746 SQFT
0.18 Acre

Property Description

Great two family house appoturnity using two lots. It includes two spacious apartments near UML, ample space for the parking that is extra land for a space even for additional multi family house addressed no.292 University Ave. Also great location that is just a 10 minute walk from UML North campus.This is perfect chance for the savvy owner ocupant or investers looking to expand their portfolio. Wide updates completed include new roof, gutter, windows,floor, bathroom, kitchen, heating and cooling system including boiler, mini split et cetra since 2020. On top of those, certified deleading was done last year, too. Both 1st and 2nd each unit has same lay out, 2 bedrooms,1 full bathroom, kitchen, living room, dining area, extra inner storage room and laundry. Large shed behind the building and big empty space on attic is another privilege on this property. Don't miss out open house on Saturday and Sunday Jan 11th and 12th at 1:00 pm to 2:30 pm.

Property Details tap to expand

Building Information

  • Total Units: 2
  • Total Floors: 3
  • Total Bedrooms: 4
  • Total Full Baths: 2
  • Common Appliances: Washer Hookup

Financial

  • APOD Available: No
  • Gross Operating Income: 31800
  • Net Operating Income: 31800

Utilities

  • Electric Info: 110 Volts, 200 Amps, On-Site
  • Energy Features: Insulated Windows
  • Utility Connections: for Electric Dryer, for Electric Range, for Gas Oven, Washer Hookup
  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

  • Under Lease: Yes
  • Floors: 1
  • Levels: 1

Unit 2 Description

  • Under Lease: No
  • Floors: 2
  • Levels: 1

Construction

  • Year Built: 1930
  • Type: 2 Family - 2 Units Up/Down
  • Foundation Info: Fieldstone
  • Flooring Type: Plywood
  • Lead Paint: Certified Treated
  • Warranty: No

Other Information

  • MLS ID# 73323525
  • Last Updated: 01/10/25

Property History tap to expand

Date Event Price Price/Sq Ft Source
01/10/2025Active$829,000$302MLSPIN
01/06/2025New$829,000$302MLSPIN

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Seller's Representative: Je B. Lee, Premier Realty Group
Sub Agent Compensation: n/a
Buyer Agent Compensation: n/a
Facilitator Compensation: n/a
Compensation Based On: n/a
Sub-Agency Relationship Offered: No

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MLS PIN data last updated at 2025-01-10 03:05:00

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