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165 University Ave, Lowell MA 01854

Lowell, MA 01854 • Pawtucketville
$949,999
Est. $5,717/month
8
Beds
4
Baths
3,738
Sq Ft
$254
Price/Sq Ft
0.11
Acres
1880
Year Built
1
Garage Space
5 hours 21 minutes
Time on Market
Active Listed Jul 8, 2026 • MLS# 73546250 Copied! • Updated Jul 8, 2026

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

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Property History

Property Timeline

🏠
Listed for Sale
Jul 8, 2026
$949,999
Original listing

Tax History

Year Taxes Assessment
2026 $8,558 $747,500

Financial Details

Annual Property Tax
$8,558
Tax Year 2026
Assessed Value
$747,500

Facts & Features

1 Car Garage

Home Facts

Type Residential Income
Style 4 Family
Year Built 1880
Living Area 3,738 sq ft
Lot Size 0.11 acres
Bedrooms 8
Full Baths 4
Total Rooms 17

Investment Metrics

Units 4
Unit 1 Rent — · N
Unit 2 Rent — · N
Unit 3 Rent — · N
Unit 4 Rent — · N
Gross Income $102,000
Net Operating Income $72,987
Operating Expenses $29,013
Cap Rate 7.68%
Heating Natural Gas
Cooling None
Flooring Hardwood
Appliances Washer, Dryer, Range, Dishwasher, Microwave, Refrigerator
Fireplace None
Basement Full, Bulkhead, Unfinished
Laundry Washer Hookup, Dryer Hookup
Features Laundry Room, Ceiling Fan(s), Upgraded Cabinets, Stone/granite/solid Counters, Living Room, Kitchen, Sunroom
Construction Frame
Architecture None
Roof Shingle
Features None
Pool None
Spa None
Fencing None
Patio/Porch Enclosed, Screened
Garage Spaces 1
Has Garage Yes
Features None
Total Spaces 1
Electric Circuit Breakers
Water Public
Sewer Public Sewer
Gas None
Other None

Financial

Annual Tax $8,558
Assessed Value $747,500
Fee Includes None
Amenities None
Optional Fee Includes None
Seller Disclosures 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 Apartments Heat And Cooking Gas.
Possession None
Accepted Financing None
Structure Type []
Sq Ft Source Public Record
Documents None
County Middlesex

Property Overview

Property Type
4 Family
Listing Type
For Sale
Year Built
1880
Bedrooms
8
Full Bathrooms
4
Living Area
3,738 sq ft
Total Rooms
17
Stories
4
Levels
4

Room Details

Other Floor

Bathroom1
Bedroom5
Bedroom4
Bedroom3
Dining Room
Kitchen
Bathroom2
Bedroom2
Living Room
Bathroom3
Master Bedroom
Office
Family Room
Master Bathroom

Interior Features

Flooring: Hardwood
Appliances: Washer, Dryer, Range, Dishwasher, Microwave, Refrigerator
Interior Features: Laundry Room, Ceiling Fan(s), Upgraded Cabinets, Stone/Granite/Solid Counters, Living Room, Kitchen, Sunroom
Windows:
Basement: Full, Bulkhead, Unfinished
Laundry: Washer Hookup, Dryer Hookup
Security:

Construction & Materials

Year Built: 1880
Structure Type:
Exterior Materials: Frame
Roof: Shingle
Foundation: Block, Stone
Stories: 4

Heating, Cooling & Utilities

Heating: Natural Gas
Cooling:
Hot Water: Natural Gas
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features:
Patio & Porch: Enclosed, Screened
Fencing:
Other Structures:
Lot Features: Corner Lot
Road Surface:

Parking & Garage

Garage Spaces: 1
Total Parking Spaces: 1
Parking Features:

Nearby Schools

School information not available for this location.

Monthly Payment Calculator

Monthly Payment
$0
Principal, interest, taxes & insurance
Loan Amount
$0
After down payment
Total Interest
$0
Over life of loan
Total Cost
$0
Including down payment
%
Down: $0
%

Monthly Payment Breakdown

Principal & Interest $0
Property Tax $713
Homeowners Insurance $200
PMI (if <20% down) $0

Loan Summary

Total of 360 payments $0
Total principal paid $0
Total interest paid $0

Rate Impact

-0.5% Rate
$0/mo
Save $0/mo
Current Rate
$0/mo
+0.5% Rate
$0/mo
Cost $0/mo

Payment Over Time

Interest
Principal
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
* Estimates only. Actual payments may vary. Consult with a lender for accurate figures.

Location

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Neighborhood

Pawtucketville

165 University Ave, Lowell MA 01854

Lowell, MA 01854

Listing Information

Listing Agent Michael Alvarez
Listing Office Alvarez Real Estate Group LLC
Office Phone 617-329-9493
Agent MLS ID CN250534
Office MLS ID AN7528
Listing Data Updated Jul 8, 2026 11:33 AM EDT
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

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