Sold
165 University Ave, Lowell, MA
Lowell · MA 01854
- $960,000
- Price
- 8
- Beds
- 4
- Baths
- 3738
- Sq. ft.
Overview
Property type:
Multi-Family
Year built:
Built in 1880
Units:
4 Units
Lot size:
4,791 Sq.Ft Lot
Price per square foot:
$254 / Sq.Ft
Parking:
1 Garage Space
About this home
Exclusive opportunity to acquire 165 University Ave, a four-unit multifamily property in Lowell's desirable Pawtucketville neighborhood. Situated on a corner lot, the property offers immediate value-add potential with three of the four units delivered vacant and move-in ready, providing an exceptional opportunity to lease at market rents or accommodate an owner-occupant. The property features a unit mix of two (2) 3-bedroom/1-bath and two (2) 1-bedroom/1-bath apartments, recent capital improvements including a new roof (2026), refinished hardwood floors, and a renovated second-floor unit with new cabinetry and granite countertops. Additional amenities include a Speed Queen coin-operated laundry system, and a detached garage. Conveniently located minutes from UMass Lowell, downtown, major highways, shopping, and restaurants, this is an outstanding investment opportunity with strong upside and long-term growth potential
Neighborhood & Transit
Pawtucketville
165 University Ave, Lowell · MA 01854
Nearby transit
Within 0.5 mile, measured straight-line to the nearest station entrance.
No subway or commuter rail stations within 0.5 mile.
Price Insight
- Days on Market:
- 118 days
- Listing Price:
- $949,999
- Price per Sq.Ft:
- $254
- Tax Assessment:
- $747,500 in 2026
- Taxes:
- $713 / Monthly
Home Facts
Interior Features
- Bedrooms
- 8
- Full Bathrooms
- 4
- Half Bathrooms
- 0
- Living Area
- 3,738 Sq.Ft
- Kitchen
- Unknown
- Primary Bedroom
- Unknown
- Laundry
- Unknown
- Living levels
- Unknown
- Rooms
- Unknown
- Above grade area
- 3738
- Flooring
- Unknown
- Lead paint
- Unknown
Utilities
- Heating Type
- Unknown
- Heating Zone
- Unknown
- Cooling
- Unknown
- Cooling Zones
- Unknown
- Water
- Unknown
- Sewer
- Unknown
- Electric Features
- Circuit Breakers
Exterior Features
- Lot Size
- 4,791 Sq.Ft
- Lot Description
- Unknown
- Exterior Features
- Unknown
Parking
- Garage Parking
- 1 Parking Space
- Off Street Parking
- None
Construction Details
- Construction Type
- Unknown
- Siding
- Asbestos
- Roof
- Unknown
Green Features
- Electric Vehicle Charger
- Unknown
- Solar Panels
- Unknown
- Green Certified
- Unknown
- Insulation Features
- Unknown
- Energy Features
- Unknown
Listing information
- Listing agent
- Michael Alvarez
- Listing office
- Alvarez Real Estate Group LLC
- MLS PIN #
- 73546250
- Disclosure
- Owner pays water/sewer, common electric, and the 3R gas meter, which serves 3R heat/cooking gas and a shared hot water heater for both 3rd-floor units. The 3F gas meter serves only the 3F apartment's heat and cooking gas.
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