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
This home has been viewed 20 times
Last Checked: July 31st, 2026 at 5:28am (Source: MLS PIN #73546250)
Gross Income: $0
Gross Expenses: $8,558
Net Income Calc: $8,558
Annual Expenses for 165 University Ave, Lowell MA 01854
Total Gross Expenses (Calculated)$8,558/year
APOD AvailableYes
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax8558
Annual Income & Unit Breakdown for 165 University Ave, Lowell MA 01854
Total Gross Income (Calculated)$0
Unit 1
Rental Income$0
LeaseN
Bedrooms3
Bathrooms1 Full
Floor1
Levels in Unit1
Rent IncludesHeat
Unit 2
Rental Income$0
LeaseN
Bedrooms3
Bathrooms1 Full
Floor2
Levels in Unit1
Rent IncludesHeat
Unit 3
Rental Income$0
LeaseN
Bedrooms1
Bathrooms1 Full
Floor3
Levels in Unit1
Rent IncludesHeat
Unit 4
Rental Income$0
LeaseN
Bedrooms1
Bathrooms1 Full
Floor3
Levels in Unit1
Rent IncludesHeat
General Information for 165 University Ave, Lowell MA 01854
Listing ID73546250
Property TypeMulti Family / 4 Family
Price949999 ($254.15/SqFt)
Style4 Family
CityLowell
CountyMiddlesex
MLS AreaPawtucketville
Neighborhood(s)
Approximate Living Area Total3738
Approximate Lot Size (Acres)0.11
Total Parking2 (1 Garage)
Garage Parking1
Year Built1880
Year Built SourcePublic Records
Year Built DetailsApproximate
WaterPublic
SewerPublic Sewer
Electric220 Volts
Hot Water
Roof MaterialAsphalt/fiberglass Shingles
BasementFull
Construction MaterialsFrame
Lot FeaturesGentle Sloping
Foundation Description
Accessible Features
Outdoor SpaceCovered
ZoningTMU
Water Views
Water Views Features
Waterfront0
Waterfront Features
Terms
Disclosures for 165 University Ave, Lowell MA 01854
Lead PaintNone
UFFI
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourcePublic Records
ExclusionsWasher / Dryer
Financial Data SourceEstimated
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 165 University Ave, Lowell MA 01854
Real Estate Taxes8558
Tax Year2026
Assessed Value$747,500
Financial Data SourceEstimated
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 165 University Ave, Lowell MA 01854
Neighborhood(s)
MLS AreaPawtucketville
Area AmenitiesWalk/jog Trails
Contact Information for 165 University Ave, Lowell MA 01854