380 University Ave, Lowell, MA 01852
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$875,000
4 Unit
7 Beds
4 Baths
4235 SQFT
0.13 Acre

Property Description

The University Avenue Apartments consists of 4 units and is comprised of 1-3 bedroom units, 1-2 bedroom units and 2-1 bed units. Tenants enjoy off-street parking in a highly desirable area of Lowell located just a half a mile to UMASS North Campus. New owner has the ability to renovate the current units and increase the rents which are roughly 20% under market. All interested and qualified parties can tour the building and obtain additional information upon request. This building can be sold individually or as a package with 382 University Avenue.

Property Details tap to expand

Building Information

  • Total Units: 4
  • Total Floors: 2
  • Total Bedrooms: 7
  • Total Full Baths: 4

Financial

  • APOD Available: Yes
  • Gross Operating Income: 84276
  • Net Operating Income: 84276

Utilities

  • Utility Connections: Varies per Unit
  • 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: Yes
  • Floors: 1

Unit 3 Description

  • Under Lease: Yes
  • Floors: 2

Unit 4 Description

  • Under Lease: Yes
  • Floors: 1

Construction

  • Year Built: 1940
  • Type: 4 Family
  • Foundation Info: Irregular
  • Lead Paint: Unknown
  • Warranty: No

Other Information

  • MLS ID# 73451019
  • Last Updated: 11/08/25

Property History tap to expand

Date Event Price Price/Sq Ft Source
11/08/2025Active$875,000$207MLSPIN
11/04/2025New$875,000$207MLSPIN

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Seller's Representative: Drew Kirkland, Northeast Private Client Group, LLC
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 2025-11-08 03:05:00

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