Opportunity awaits in this spacious two-family home featuring many utility updates and tremendous value-add potential. Situated on a generously sized lot, this property offers a double driveway for ample off-street parking and an oversized detached garage complete with its own heat and electrical service—perfect for a workshop, storage, hobby space, or additional income possibilities.The upper unit benefits from additional finished living space, providing flexibility for a home office, recreation area, or expanded living quarters.While cosmetic updates are needed throughout, much of the home’s original character remains intact. Beautiful hardwood flooring lies beneath, ready to be restored to its former glory. With thoughtful renovations and an appreciation for its natural architectural features, this property has the potential to become truly stunning once again.Ideal for owner-occupants, investors, or multi-generational living, this property combines soli
This home has been viewed 10 times
Last Checked: June 20th, 2026 at 7:53am (Source: MLS PIN #73536802)
Gross Income: $0
Gross Expenses: $6,230
Net Income Calc: $6,230
Annual Expenses for 654 School St, Lowell MA 01851
Total Gross Expenses (Calculated)$6,230/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax6230
Annual Income & Unit Breakdown for 654 School St, Lowell MA 01851
Total Gross Income (Calculated)$0
Unit 1
Rental Income$0
LeaseN
Bedrooms2
Bathrooms2 Full
Floor1
Levels in Unit2
Rent Includes
Unit 2
Rental Income$0
LeaseN
Bedrooms2
Bathrooms2 Full
Floor2
Levels in Unit2
Rent Includes
General Information for 654 School St, Lowell MA 01851
Listing ID73536802
Property TypeMulti Family
Price599000 ($237.04/SqFt)
StyleMulti Family
CityLowell
CountyMiddlesex
Neighborhood(s)
Approximate Living Area Total2527
Approximate Lot Size (Acres)0.13
Total Parking10 (2 Garage)
Garage Parking2
Year Built1900
Year Built SourcePublic Records
Year Built DetailsActual
WaterPublic
SewerPublic Sewer
Electric220 Volts
Hot Water
Roof MaterialAsphalt/fiberglass Shingles
BasementFull
Construction Materials
Lot FeaturesGentle Sloping
Foundation Description
Accessible Features
Outdoor SpaceCovered
ZoningTTF
Water Views
Water Views Features
Waterfront0
Waterfront Features
Terms
Disclosures for 654 School St, Lowell MA 01851
Lead PaintNone
UFFI
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourcePublic Records
ExclusionsTree House
Financial Data Source
Total Gross Expenses By Broker
Total Gross Income By Broker
Total Net Income By Broker
Short Sale / Forclosure (Bank Owned)
Compensation Based On
Financial Information for 654 School St, Lowell MA 01851
Real Estate Taxes6230
Tax Year2025
Assessed Value$542,700
Financial Data Source
Total Gross Expenses By Broker
BostonRealEstate.com Gross Expenses
Total Gross Income By Broker
BostonRealEstate.com Gross Income
Total Net Income By Broker
BostonRealEstate.com Gross NOI
CAP Rate (based on Broker info)
Location Information for 654 School St, Lowell MA 01851
Neighborhood(s)
Area AmenitiesWalk/jog Trails
Contact Information for 654 School St, Lowell MA 01851