MA > Lowell
Lowell, MA 01854,130 University Avenue
Lowell, MA 01854,130 University Avenue
Lowell, MA 01854,130 University Avenue
Lowell, MA 01854,130 University Avenue
Lowell, MA 01854,130 University Avenue
Lowell, MA 01854,130 University Avenue
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Mike And Lee Mita

Mike And Lee Mita

+1(401) 632-7638
$ 2,100,000
Est. payment | /mo

24 Beds

8 Baths

4,017 SqFt

Save
$ 2,100,000
Est. payment | /mo
Save

24 Beds

8 Baths

4,017 SqFt

Key Details

Property Type Multi-Family

Sub Type 5-9 Family

Listing Status Active

Purchase Type For Sale

Square Footage 4,017 sqft

Price per Sqft $522

MLS Listing ID 73460353

Bedrooms 24

Full Baths 8

Year Built 1900

Annual Tax Amount $14,558

Tax Year 2025

Lot Size 4,356 Sqft

Acres 0.1

Property Sub-Type 5-9 Family

Property Description

Great opportunity to own a key piece of property right on the corner of University Ave & Gershom Ave. Two buildings on one deed, totaling 6 x 4 bedroom units, all with a similar layout. Four units are 4 bdrm/1 bath and two units are 4 bdrm/2 baths. All units are separately metered with tenants being responsible for payment of own electric, heat, hot water and cooking gas. Parking is on street by residential sticker. Laundromat is two doors over. Expansion potential on top level in each building, but one would need to go through the proper city planning and permitting procedures to pursue this option. This a well maintained property by an active owner, with a strong rental history and potential to increase rents. One unit is vacant and unit rent is estimated.

Location

State MA

County Middlesex

Area Pawtucketville

Zoning TMU

Direction Riverside Street to University Avenue. Building is on the corner of Gershom Ave. & University Ave.

Rooms

Basement Unfinished

Interior

Flooring Varies

Exterior

Exterior Feature Balcony

Community Features Public Transportation, Shopping, Walk/Jog Trails, Golf, Medical Facility, Laundromat, Highway Access, House of Worship, Private School, Public School, T-Station, University

Utilities Available Varies per Unit

Roof Type Shingle

Garage No

Building

Lot Description Corner Lot

Story 5

Foundation Irregular

Sewer Public Sewer

Water Public

Schools

Elementary Schools Lowell Public

Middle Schools Lowell Public

High Schools Lowell Public

Others

Senior Community false

Listed by Universal Property Management

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Mike And Lee Mita
Mike And Lee Mita

Broker-Associate | Lic# REB.0016449

+1(401) 632-7638

28 Caswell St. Suite 100 Narragansett, RI 02882

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130 University Avenue