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296, 298 University Ave. Lowell. MA 01854

$829,000

Multi Family

4 Bedrooms

2 Bathrooms

2,746 sq ft

6 Parking Spots

0.18 Acres

Built in 1930

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.

This listing has been viewed 16 times in the past 17 days

Last Updated: January 11th, 2025 at 5:43am

General Information for 296, 298 University Ave., Lowell, Massachusetts 01854

Property TypeResidential Income

Property Sub TypeMulti Family

Price$829,000

Price per sqft$301.89

MLS #73323525

Handicap Access / FeaturesNo

List Date2025-01-06

Special Listing Conditions

StateMassachusetts

Street NameUniversity Ave.

CityLowell

Zip Code01854

CountyMiddlesex

MLS Status

Covered Parking Spaces0

Heating Y/NNo

Heating System

Heat Zones

Sold Date

Property Sub TypeMulti Family

Building Area SourcePublic Records

Building Area Total2746

Building Area Units0

CarportNo

Close Date

Close Price$0

Covered Parking Spaces0

Listing Service

UnparsedAddress296, 298 University Ave., Lowell MA 01854

Zoning

Interior Features for 296, 298 University Ave., Lowell, Massachusetts 01854

* Approx. Living Area Total2,746 sq ft

Living Area Includes BasementNo

Bedrooms4

* # Fireplaces0

Bathrooms (Total)2

Full Baths2

* # Half Baths0

* # Rooms

Basement

Heating System

Appliances

Electric

Living Area Disclosure

Living Area Includes BasementNo

Door Features

ElectricYes

Electric$0

MLS Area (Major)

MLSPIN_BEDRMS_12

MLSPIN_BEDRMS_22

MLSPIN_BEDRMS_3

MLSPIN_BEDRMS_4

MLSPIN_FLRS_1

MLSPIN_FLRS_2

MLSPIN_FLRS_3

MLSPIN_FLRS_4

MLSPIN_F_BTHS_11

MLSPIN_F_BTHS_21

MLSPIN_F_BTHS_3

MLSPIN_F_BTHS_4

MLSPIN_GRE$0

MLSPIN_HTE$0

MLSPIN_H_BTHS_10

MLSPIN_H_BTHS_20

MLSPIN_H_BTHS_3

MLSPIN_H_BTHS_4

OffMarketDate

Exterior Features for 296, 298 University Ave., Lowell, Massachusetts 01854

* Approximate Lot Size0.18 acres

Covered Parking Spaces0

Lot Features

* Parking Spaces6

* Sewer Utilities

* Water Utilities

* Year Built1930

Year Built Details

Year Built SourcePublic Records

Construction Materials

Exterior Features

Foundation Area

Foundation MaterialsStone

Approx. Street Frontage

Horse PermittedNo

Horse Amenities

Parking Features

Utilities

Lot Size (Square Feet)7,840 Sqft

Disclosures for 296, 298 University Ave., Lowell, Massachusetts 01854

Buyer Agent Compensation

Contingency

Financing

Disclosures

Documents Available

Exclusions

MLSPIN_COMP_BASED_ON

MLSPIN_COOP_COMP

MLSPIN_DISCLOSUREN

Lead PaintCertified Treated

Living Area Disclosure

Living Area Includes BasementNo

Facilitator Compensation

TransactionBrokerCompensationType

BuyerAgencyCompensationType

Financial Information for 296, 298 University Ave., Lowell, Massachusetts 01854

Assessed Value

Real Estate Tax$0

Tax Year

Financial Data Source

Gross Income$31,800

Insurance Expense$0

MLSPIN_LEASE_1

MLSPIN_LEASE_2

MLSPIN_LEASE_3

MLSPIN_LEASE_4

MLSPIN_LEVELS_11

MLSPIN_LEVELS_21

MLSPIN_LEVELS_3

MLSPIN_LEVELS_4

MLSPIN_MGF$0

MLSPIN_MSE$0

MLSPIN_RENT12650

MLSPIN_RENT20

MLSPIN_RENT3

MLSPIN_RENT4

MLSPIN_RFS$0

MLSPIN_RME$0

MLSPIN_SOLD_PRICE_PER_SQFT$0

NetOperatingIncome$31,800

OperatingExpense$0

OriginalListPrice$829,000

RENT_FEE_INCLUDES

TOTAL_RENT2650

WaterSewerExpense$0

Lifestyle Information for 296, 298 University Ave., Lowell, Massachusetts 01854

FireplaceYNNo

Frontage Type

GarageYNNo

Waterview

Pool Features

Waterfront Features

Location information for 296, 298 University Ave., Lowell, Massachusetts 01854

Elementary School

Middle School

High School

NumberOfUnitsTotal2

Marketing History for 296, 298 University Ave., Lowell, Massachusetts 01854

MLSPIN_MARKET_TIME_BROKER4

MLSPIN_MARKET_TIME_PROPERTY4

PurchaseContractDate

Agent Information for 296, 298 University Ave., Lowell, Massachusetts 01854

Agent MLS IDBB958625

Office MLS IDAN1953

Buyer Agent MLS ID

Buyer Office MLS ID

Team Members

Payment Calculator

, Interest

Property Taxes $0

Principal & Interest 5108.03

HOA Dues $0

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Je B. Lee

Premier Realty Group

Agent Phone

(781) 654-5281

Office Phone

(617) 515-1162

Text Agent Call Agent Call Office

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    [field_3205] => 1900-01-01
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    [field_3222] => Exclusive Right To Sell
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    [field_3243] => Actual
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    [field_3245] => Public Records
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    [field_3249] => 
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    [field_3251] => 
    [field_3252] => 
    [field_3253] => 2
    [field_3254] => 2
    [field_3255] => 
    [field_3256] => 
    [field_3257] => 
    [field_3258] => 
    [field_3259] => 
    [field_3260] => N
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    [field_3268] => 0
    [field_3269] => 
    [field_3270] => 
    [field_3271] => 
    [field_3272] => Certified Treated
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    [field_3274] => 1
    [field_3275] => 
    [field_3276] => 
    [field_3277] => AN1953
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)

Array
(
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            [field_id] => 3
            [type] => property_types
            [name] => Property Type
            [value] => Residential Income
        )

[field_3236] => Array
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            [field_id] => 3236
            [type] => select
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        )

[listing] => Array
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            [type] => listings
            [name] => Listing Type
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        )

[field_3176] => Array
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            [type] => number
            [name] => Full Bathrooms
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        )

[field_3175] => Array
        (
            [field_id] => 3175
            [type] => select
            [name] => Status
            [value] => Active
        )

[field_3299] => Array
        (
            [field_id] => 3299
            [type] => select
            [name] => Property Category
            [value] => Multi Family
        )

[field_3298] => Array
        (
            [field_id] => 3298
            [type] => select
            [name] => Property Type
            [value] => Multi Family
        )

[field_3300] => Array
        (
            [field_id] => 3300
            [type] => select
            [name] => C_Style
            [value] => 2 Family
        )

[field_55] => Array
        (
            [field_id] => 55
            [type] => number
            [name] => Floor Number
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        )

[googlemap_ln] => Array
        (
            [field_id] => 51
            [type] => text
            [name] => Longitude
            [value] => W72° 38' 7.4'' 
        )

[googlemap_lt] => Array
        (
            [field_id] => 52
            [type] => text
            [name] => Latitude
            [value] => N42° 38' 45.7'' 
        )

[field_2111] => Array
        (
            [field_id] => 2111
            [type] => text
            [name] => Office Name
            [value] => Premier Realty Group
        )

[field_3000] => Array
        (
            [field_id] => 3000
            [type] => text
            [name] => Agent MLSID
            [value] => BB958625
        )

[field_3045] => Array
        (
            [field_id] => 3045
            [type] => price
            [name] => HOA_FEE
            [raw] => 0
            [unit_id] => 260
            [value] => $0
            [price_only] => $0
        )

[field_3056] => Array
        (
            [field_id] => 3056
            [type] => price
            [name] => ClosePrice
            [raw] => 0
            [unit_id] => 260
            [value] => $0
            [price_only] => $0
        )

[field_3069] => Array
        (
            [field_id] => 3069
            [type] => price
            [name] => LIST_PRICE_PER_SQFT
            [raw] => 301.89
            [unit_id] => 260
            [value] => $302
            [price_only] => $302
        )

[field_3071] => Array
        (
            [field_id] => 3071
            [type] => number
            [name] => MARKET_TIME_BROKER
            [value] => 4
        )

[field_3072] => Array
        (
            [field_id] => 3072
            [type] => number
            [name] => MARKET_TIME_BROKER_PREV
            [value] => 0
        )

[field_3075] => Array
        (
            [field_id] => 3075
            [type] => datetime
            [name] => ModificationTimestamp
            [value] => 10/01/2025 08:05:00
        )

[field_3094] => Array
        (
            [field_id] => 3094
            [type] => price
            [name] => SOLD_PRICE_PER_SQFT
            [raw] => 0
            [unit_id] => 260
            [value] => $0
            [price_only] => $0
        )

[field_3095] => Array
        (
            [field_id] => 3095
            [type] => number
            [name] => STREET_NUM
            [value] => 296
        )

[field_3105] => Array
        (
            [field_id] => 3105
            [type] => select
            [name] => APOD_AVAILABLE
            [value] => No
        )

[field_3109] => Array
        (
            [field_id] => 3109
            [type] => number
            [name] => FIRE_PLACES
            [value] => 0
        )

[field_3113] => Array
        (
            [field_id] => 3113
            [type] => select
            [name] => LEASE_1
            [value] => Y
        )

[field_3114] => Array
        (
            [field_id] => 3114
            [type] => select
            [name] => LEASE_2
            [value] => N
        )

[field_3118] => Array
        (
            [field_id] => 3118
            [type] => price
            [name] => NOI
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            [unit_id] => 260
            [value] => $31,800
            [price_only] => $31,800
        )

[field_3119] => Array
        (
            [field_id] => 3119
            [type] => number
            [name] => RENT1
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        )

[field_3120] => Array
        (
            [field_id] => 3120
            [type] => number
            [name] => NO_UNITS
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        )

[field_3121] => Array
        (
            [field_id] => 3121
            [type] => number
            [name] => RENT2
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        )

[field_3126] => Array
        (
            [field_id] => 3126
            [type] => number
            [name] => TOTAL_RENT
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        )

[field_3134] => Array
        (
            [field_id] => 3134
            [type] => select
            [name] => SQUARE_FEET_INCL_BASE
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        )

[field_3164] => Array
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            [type] => boolean
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        )

[field_3168] => Array
        (
            [field_id] => 3168
            [type] => price
            [name] => SEC_DEPOSIT
            [raw] => 0
            [unit_id] => 260
            [value] => $0
            [price_only] => $0
        )

[field_3171] => Array
        (
            [field_id] => 3171
            [type] => text
            [name] => Office Phone
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        )

[field_3172] => Array
        (
            [field_id] => 3172
            [type] => text
            [name] => Agent Phone
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        )

[field_3178] => Array
        (
            [field_id] => 3178
            [type] => boolean
            [name] => AdditionalParcelsYN
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        )

[field_3182] => Array
        (
            [field_id] => 3182
            [type] => select
            [name] => BuildingAreaSource
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        )

[field_3183] => Array
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            [field_id] => 3183
            [type] => number
            [name] => BuildingAreaTotal
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[field_3184] => Array
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            [field_id] => 3184
            [type] => select
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            [value] => Square Feet
        )

[field_3189] => Array
        (
            [field_id] => 3189
            [type] => price
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            [price_only] => $0
        )

[field_3192] => Array
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            [field_id] => 3192
            [type] => number
            [name] => ParkingTotal
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        )

[field_3193] => Array
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            [type] => number
            [name] => CoveredSpaces
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        )

[field_3200] => Array
        (
            [field_id] => 3200
            [type] => price
            [name] => ElectricExpense
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            [unit_id] => 260
            [value] => $0
            [price_only] => $0
        )

[field_3205] => Array
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            [type] => date
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        )

[field_3206] => Array
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            [field_id] => 3206
            [type] => select
            [name] => FarmLandAreaUnits
            [value] => Square Feet
        )

[field_3209] => Array
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            [field_id] => 3209
            [type] => text
            [name] => FoundationDetails
            [value] => Stone
        )

[field_3211] => Array
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            [field_id] => 3211
            [type] => number
            [name] => GarageSpaces
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        )

[field_3216] => Array
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            [type] => price
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            [unit_id] => 260
            [value] => $31,800
            [price_only] => $31,800
        )

[field_3220] => Array
        (
            [field_id] => 3220
            [type] => price
            [name] => InsuranceExpense
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            [unit_id] => 260
            [value] => $0
            [price_only] => $0
        )

[field_3222] => Array
        (
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            [type] => text
            [name] => ListingAgreement
            [value] => Exclusive Right To Sell
        )

[field_3223] => Array
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            [type] => date
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        )

[field_3226] => Array
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            [type] => area
            [name] => LotSizeSquareFeet
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            [raw] => 7840
            [unit_id] => 1
        )

[field_3230] => Array
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            [type] => price
            [name] => OperatingExpense
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            [price_only] => $0
        )

[field_3231] => Array
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            [unit_id] => 260
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            [price_only] => $829,000
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[field_3234] => Array
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            [type] => textarea
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        )

[field_3240] => Array
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            [type] => text
            [name] => UnparsedAddress
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        )

[field_3241] => Array
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            [type] => price
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            [unit_id] => 260
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            [price_only] => $0
        )

[field_3243] => Array
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            [type] => text
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[field_3245] => Array
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            [type] => text
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[field_3248] => Array
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            [type] => datetime
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        )

[field_3253] => Array
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            [type] => number
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[field_3254] => Array
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[field_3260] => Array
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            [type] => text
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[field_3261] => Array
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[field_3262] => Array
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[field_3265] => Array
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[field_3266] => Array
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            [price_only] => $0
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[field_3267] => Array
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[field_3272] => Array
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[field_3273] => Array
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[field_3274] => Array
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[field_3277] => Array
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[field_3282] => Array
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[field_3285] => Array
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[field_3292] => Array
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[field_3293] => Array
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[field_3295] => Array
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[field_3296] => Array
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            [type] => select
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[field_3301] => Array
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            [type] => select
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[field_3306] => Array
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            [price_only] => $0
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[field_3307] => Array
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            [type] => number
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[field_3308] => Array
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[field_3311] => Array
        (
            [field_id] => 3311
            [type] => number
            [name] => BRE_Total_Parking
            [value] => 6
        )

)

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296, 298 University Ave. Lowell. MA 01854

$829,000

General Information for 296, 298 University Ave., Lowell, Massachusetts 01854

Interior Features for 296, 298 University Ave., Lowell, Massachusetts 01854

Exterior Features for 296, 298 University Ave., Lowell, Massachusetts 01854

Disclosures for 296, 298 University Ave., Lowell, Massachusetts 01854

Financial Information for 296, 298 University Ave., Lowell, Massachusetts 01854

Lifestyle Information for 296, 298 University Ave., Lowell, Massachusetts 01854

Location information for 296, 298 University Ave., Lowell, Massachusetts 01854

Marketing History for 296, 298 University Ave., Lowell, Massachusetts 01854

Agent Information for 296, 298 University Ave., Lowell, Massachusetts 01854

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Je B. Lee

Premier Realty Group